What are unbilled receivables? How to account for unbilled AR
ProfitWell
DECEMBER 2, 2019
Knowing when your hard-earned cash can be counted as revenue is a vital process for subscription businesses. Let’s say you’re in the process of switching to a new subscription billing service. During that time, you’re still billing your recurring subscription customers, but invoices are being generated late as a result of changing platforms. How do you account for that revenue on your balance sheet?
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