Professional Services
Annual Research Subscription — Deferred Revenue
Collecting an annual subscription fee for access to a proprietary market intelligence platform.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash / Bank | Asset (+) | 12,000.00 | - |
| Deferred Subscription Revenue | Liability (+) | - | 12,000.00 |
💡 Accountant's Note
Annual subscriptions to reports, data platforms, or advisory services are deferred and recognized monthly at JOD 1,000. Revenue is earned as the client has access to the platform — a continuous performance obligation.
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