What is 'deferred revenue amount' in SAP IS-HT-SW - Software Management?

deferred revenue amount - Overview

• Component: IS-HT-SW

• Component Name: Software Management

• Description: The amount of revenue that has been invoiced and not recognized.

deferred revenue amount - Details

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  Key Concepts: 
  Deferred revenue amount is a term used in SAP software management to refer to the amount of money that has been received from customers for services or products that have not yet been delivered. This amount is recorded as a liability on the balance sheet until the services or products are delivered. 
  
  How to use it: 
  In SAP software management, deferred revenue amount is used to track the amount of money that has been received from customers for services or products that have not yet been delivered. This amount is recorded as a liability on the balance sheet until the services or products are delivered. The deferred revenue amount can be tracked in the SAP system by entering the relevant information into the appropriate fields. 
  
  Tips & Tricks: 
  It is important to ensure that all deferred revenue amounts are accurately tracked in SAP software management. This will help to ensure that all liabilities are properly accounted for and that any discrepancies can be quickly identified and rectified. 
  
  Related Information: 
  The deferred revenue amount is closely related to other accounting terms such as accounts receivable, accounts payable, and accrued expenses. It is important to understand how these terms interact with each other in order to ensure accurate financial reporting.