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Bookkeeping

Managing Unearned Fees in Financial Statements and Cash Flow

Read on to learn about unearned revenue, handling these transactions in business accounting, and how ProfitWell Recognized from ProfitWell help simplify the process. Unearned revenue or deferred revenue is considered a liability in a business, as it is a debt owed to customers. It is classified as a current liability until the goods or services […]