Unbilled Revenue
Hi,
I am invoicing the customer based on Events.
Created a new event
Bill amount :250
Revenue amount:350
I want to track unbilled revenue of 100.
Invoice entry from AR
Receivables account Debit 250
Unearned revenue Credit 250
Revenue entry from PA
Unearned revenue Debit 350
Revenue Credit 350
Unbilled revenue of 100 is coming as a debit balance in Unearned account. How to track unbilled revenue seperately?
Regards
Vinod
I am invoicing the customer based on Events.
Created a new event
Bill amount :250
Revenue amount:350
I want to track unbilled revenue of 100.
Invoice entry from AR
Receivables account Debit 250
Unearned revenue Credit 250
Revenue entry from PA
Unearned revenue Debit 350
Revenue Credit 350
Unbilled revenue of 100 is coming as a debit balance in Unearned account. How to track unbilled revenue seperately?
Regards
Vinod
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