In this issue of NetSuite, we will introduce the functionality related to deferred revenue.
Deferred revenue is an account in which the portion of revenue received by a company that has not yet provided goods or services is temporarily recorded as a liability.
NetSuite’s revenue recognition scheduling feature allows you to automate revenue recognition based on rules you set.
This reduces manual work and ensures accurate and efficient financial management.
NetSuite is a very useful tool for smooth management of deferred revenue. We hope you will find it useful.
Functions related to deferred revenue
