Recognize deferred revenue

When you invoice for a service delivered over time, the revenue is deferred and released period by period. mujez builds a recognition schedule from the invoice; you post each period as it’s earned.

Advanced3 steps~3 min

Before you start

An issued invoice with a deferred-revenue line.

Open Revenue recognition.

From Accounts Receivable, choose Revenue recognition. It lists every schedule period that is due to be recognized, with its invoice, customer, service window, and amount.

Open the recognition schedule.

The schedule shows the total, what’s recognized so far, what remains, and the per-period breakdown across the service window.

Post the earned period.

Posting a period books the journal that moves that slice from deferred revenue to earned revenue. The recognized and remaining totals update.