SaaS
Customer Churn — Deferred Revenue Released
Releasing remaining deferred revenue when a customer cancels at the end of their billing period with no refund.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Deferred Revenue | Liability (-) | 99.00 | - |
| Subscription Revenue | Revenue (+) | - | 99.00 |
💡 Accountant's Note
If a customer cancels at period end (not mid-period) and is not entitled to a refund, the remaining deferred balance is simply recognized as earned revenue for the final period of service.
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