Deferred Revenue
Recompute the deferral of every contract billed in advance from its own service period.
- Ledger + deferred revenue schedule
How the result is read
Revenue billed in advance is earned over the service period, so what remains deferred at year end is the share of that period still to come. The client’s schedule is recomputed contract by contract, then its total is agreed to the deferred revenue balance. The two tests answer different questions: agreement says the ledger followed the schedule, recomputation says whether the schedule is right.
In the application
Deferred Revenue is filed under Revenue & receivables, index letter C. "Run all analyses" runs it with every other analysis the ledger and the documents loaded can answer. The worksheet states the population it tested on its face — or "Not applicable" with the reason when a column it depends on is empty — and the Excel workbook the engagement exports files it under C, beside an index of the source files with their SHA-256 fingerprints.
Read it with
Run your next audit file test without the Excel crash.
One free engagement to evaluate, valid 60 days. The ledger never leaves the machine.
- 20 minutes
- Runs on a fictional engagement
- No client data required