If you are in business, the chances are you’ve received income from a customer but haven’t yet provided a service. The money for services or items that you have received but have not yet delivered on is deferred revenue. Deferred revenue could be a factor if you are a business that offers prepaid plans of any kind, including yearly contracts, discounts for pay-in-advance or any other service where you have been paid but have not yet delivered a service or item. Microsoft Excel can calculate deferred revenue for your business. Tips Writer Bio
