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Deferred Revenue for Saas Company

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    Deferred Revenue for Saas Company

    Hi! I am trying to fill out the highlighted cells on the financial statement using the attached data, but not sure how to go about organizing the data. Does anyone have any suggestions? The revenue is straight lined over the duration of the product length (in months)
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    Forum Expert XLent's Avatar
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    Re: Deferred Revenue for Saas Company

    If a) I've understood {which incl. calendar based qtrs} and, b) you're using O365 (per profile) then one option, to simplify, might be as follows:

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    the above would generate total revenue of $2,028,062 in 2019 and $2,652,485 in 2020
    {the above balances matched a much larger matrix based check I did - so seems sound to me - the remaining delta reflects the booked revenue deferred into 2021}
    Last edited by XLent; 06-25-2020 at 07:01 AM. Reason: added note re: deferred delta

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