How to Record Feed-in Tariff Revenue
Recognizes revenue earned from a utility provider for supplying renewable energy back to the power grid.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Accounts Receivable | Asset | 2,200.00 | - |
| Renewable Energy Revenue | Revenue | - | 2,200.00 |
💡 Accountant's Note
Revenue is recognized for the volume of energy exported to the grid at the contractually agreed tariff rate.
Practitioner & Systems Framework
💻 ERP Architecture
Record as miscellaneous operating revenue or a specific sustainability revenue line item.
⚠️ Audit Flags
Discrepancies between meter readings and utility company statements.
📄 Required Documentation
Utility settlement statements, meter read logs, and power purchase agreement (PPA).
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