What is the deferred revenue method?

The Deferred Revenue Method video discusses the accounting approach in versions 5.06 and beyond that uses deferred revenue accounts for registrations. In the deferred revenue method, charges are batched out to a deferred revenue GL account. At the conclusion of the event, an End of Event process is run to shift the deferred charges to an earned revenue GL account.

0:00 – 1:18           Introduction

1:18 – 3:10           Pre-Event Deferred Revenue/Charges Model

3:10 – 3:54           Post-Event Deferred Revenue/Charges Model

3:54 – 4:59           End of Event Process

 

 

Pre-Orders

 

 

Store Sales