Where can I find Revenue Journal Report in RevRec?

Modified on: Fri, 6 Jan, 2023 at 6:06 PM


Example: Revenue Journal Report

How to find the deferred and contra revenue in RevrRec?

 For the Revenue Journal report, navigate from Action Menu > Reports > Accounting > Journal Entry Report.

Opening the report will show you for each customer the exact number you want to post for each account. It shows the deferred revenue for each month debiting your contra revenue and crediting your deferred revenue account as invoices get sent.

Once revenue recognition occurs it will move this out of your deferred revenue and into your revenue accounts. You just want to be sure to reconcile this to your source data before closing out the accounting period.

Related Article and Documentation

Create Journal Entries

Did you find it helpful? Yes No

Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.