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What It Means (Simple Explanation) Deferred revenue is money you’ve been paid—but haven’t earned yet. If a customer pays upfront for a year, you can’t call it revenue right away. It sits as a liability…

What It Means (Simple Explanation) A deferred revenue waterfall is a month-by-month schedule showing how unearned revenue will be recognized over time. It turns your deferred revenue liability into a clear forecast of future revenue.…