SaaS
Prorated Subscription Upgrade
Recording the additional revenue when a customer moves from a Basic to a Premium plan mid-month.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash / Accounts Receivable | Asset (+) | 15.00 | - |
| Subscription Revenue (Current Month) | Revenue (+) | - | 15.00 |
💡 Accountant's Note
This handles the 'gap' between the old price and the new price for the remaining days of the billing cycle. It is recognized as revenue immediately since the service is active.
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Expert Analysis by Qusai Ahmad
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