Join us on Thursday, July 26th at 11am Pacific time and let our Senior Financial Consultant show you how to utilize tools in Dynamics 365 for Finance and Operations to handle various types of deferred income, including the initial deferral and the timely recognition of the income as it is earned.
Deferred income (also known as unearned income, deferred revenue, or unearned revenue) is not yet income. It is an amount that is not yet been earned, but represents products or services that are owed to a customer. The amount unearned (and therefore deferred) as of the date of the financial statements is reported as a liability.
See how you can employ all the processes available in Dynamics 365 for Finance and Operations to correctly and efficiently handle your deferred income.
Additionally, you will see these functionalities and more: