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Unearned vs. Unbilled Revenue with Examples 

The Financial Controller
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Due to the Accrual Accounting principle, we must record Unearned and Unbilled Revenue. In this video we go over an example of each type.
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7 июл 2024

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Комментарии : 30   
@user-fl8eg7jc2w
@user-fl8eg7jc2w Месяц назад
i really want you to start financial analyst series for aspiring finance students for entry level jobs
@7abillity
@7abillity Месяц назад
Great video Bill! First time hearing about unbilled revenue, however, it was straightforward; considering how similar it is to accounts receiveable.
@TheFinancialController
@TheFinancialController Месяц назад
Glad you enjoyed it!
@rohithkumar37
@rohithkumar37 Месяц назад
Great explanation easy to understand i like your all accounting concepts one humble request please make intercompany accounting complete series it will used for every one who are looking for career in accounting..
@minecraft13mine
@minecraft13mine Месяц назад
An amazing explanation, an one important topic for deferred taxes
@amjadmoha1
@amjadmoha1 Месяц назад
Masha allah, Thank you for Helping Us, i appreciate 😊
@raafatmohamed6517
@raafatmohamed6517 Месяц назад
Your videos are amazing and make accounting easy to understand. Are you planning to add a CPA course to your academy?
@TheFinancialController
@TheFinancialController Месяц назад
I am actually considering it!
@DXR4488
@DXR4488 Месяц назад
Just want to say bro you are helping me a lot. You have cleared a lot of doubts regarding accounting with real life examples Thank you.
@TheFinancialController
@TheFinancialController Месяц назад
Glad to hear that
@egarcia364
@egarcia364 Месяц назад
Great video! More like this please.
@TheFinancialController
@TheFinancialController Месяц назад
You got it!
@leahwong8275
@leahwong8275 Месяц назад
Thanks! Great video
@ishadatik1800
@ishadatik1800 Месяц назад
Excellent explanation. Just made it easier to learn
@johne.6547
@johne.6547 Месяц назад
Amazing video as usual Bill, can you cover leases as the next topic thanks!
@cameronfry
@cameronfry Месяц назад
Great vid, though it would have been nice to have seen this last year. First year Accounting Manager learning the ropes.
@TheFinancialController
@TheFinancialController Месяц назад
Glad it was helpful!
@rosylenbernabe9787
@rosylenbernabe9787 Месяц назад
Very helpful as always..
@TheFinancialController
@TheFinancialController Месяц назад
Glad you think so!
@shamendra.sakthivel
@shamendra.sakthivel Месяц назад
Can you do a video on leasing? Always confuses me
@leahmiley3648
@leahmiley3648 5 дней назад
Does this only apply if you're talking about 2 different years (Dec/Jan) or do you need to account this way during a normal fiscal year?
@TheFinancialController
@TheFinancialController 3 дня назад
Good question. Monthly reporting is relevant in most companies, thus, this matters even within the same fiscal year
@rockyking4432
@rockyking4432 Месяц назад
Hi, silly question: For the unbilled revenue, if there are also expenses incurred for the services they have provided, they (e.g. cost of sales) should be recorded in December 2023, right?
@TheFinancialController
@TheFinancialController Месяц назад
The cost should get recorded in the same period as the revenue (matching principal)
@MOHDSHAHID1
@MOHDSHAHID1 23 дня назад
@mattcoursecareers
@mattcoursecareers Месяц назад
Awesome video, Bill! CourseCareers is interested in a paid partnership. Did you get a chance to read the email we sent?
@anyanwujennifer9921
@anyanwujennifer9921 Месяц назад
Please I thought accrued revenue was the same as unbilled revenue?
@TheFinancialController
@TheFinancialController Месяц назад
Yes same
@anyanwujennifer9921
@anyanwujennifer9921 Месяц назад
@@TheFinancialController Thank you
@karan__Singh_pnp
@karan__Singh_pnp 27 дней назад
Hi Sir, Need your help I have 10 plus year experience in accounting.. I am from India .. I want a course of USA accounting..thereafter want to apply for job there ..Can you help me by suggesting any course or pls advise me your email id
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