Unearned Revenue (Deferred Revenue) Funds Other than Special Revenue Fund

You have received the money but are not ready to recognize it in revenue yet.  You will:

1.  In Budget >>>  Revenues  >>>  Receipts create a positive receipt for the amount of the unearned revenue  (The entry the system will post is DEBIT  Cash   CREDIT  XX-481

When you are ready to recognize the money in revenue, you will:

1. In Budget >>>  Revenues  >>>  Receipts create a positive receipt for the amount of the unearned revenue  (The entry the system will post is DEBIT  Cash   CREDIT  Revenue Account)
2. In Account Maintenance  >>>  Adjustments  create a Balance Sheet adjustment to DEBIT Unearned Revenue and CREDIT Cash for the amount of the unearned revenue