Unearned Revenue

Unearned Revenue

Hi.

i have some issues regarding Unearned Revenues account in Zoho books.

i have entered bill for Vendors and then i pay against that bills but this is appeared in Unearned Revenue account.

the same issue with Customers i.e. Account Receivables

i entered receipts from customers against their respective invoices but still it is appeared in Unearned Revenue Accounts.

As per my understanding, Unearned Revenue is something different that is revenue received in advance and goods are not yet delivered or services are not yet performed.

Please help me out.


Regards

    Zoho Developer Community






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