Deferred service revenue
outsourcing
When payment received without services: Debit Cash / bank Credit Unearned revenue When services rendered: Debit Unearned Revenue Credit Services revenue
YES ...
No, fees received but not yet earned are not classified as accrued revenue; they are considered unearned revenue or deferred revenue. Accrued revenue refers to income that has been earned but not yet received in cash or recorded. In contrast, unearned revenue represents cash received before the service is performed or the goods are delivered. Thus, these two concepts reflect different stages of the revenue recognition process.
Honorarium is paid voluntarily by an organisation which has received some knowledge, article, examination answer books from specialists or experts in different fields as a token of recognition. Compared with professional fees for services rendered under agreed contracts, honorarium is a one-sided act and hence there isn't any service element. hence honorarium is not liable for service tax payment by the recepient of the amount or by the payer. However, professional fee earned is liable for service tax in the hands of the recepient.
Federal Service for Defence Contracts was created in 2003.
You can get your own service contracts for your small business at www.businessformsstore.com. Another good website is smallbusiness.yahoo.com › Legal › Independent Contractors
If one wants an extended warranty on a Chrysler service contract there are no problems. All service contracts do have this availability and one can choose from a wide variety of providers.
Contracts vary from soldier to soldier, however for a regular force soldier, contracts can typically be from 3 to 8 years of service. Reserve Force personnel are on voluntary service and can leave whenever they wish.
Xerox Corporation exchanges its copiers and service contracts for money, or the promise to pay money in the future. Sometimes they also exchange for a valued service or product. That is called a barter exchange.
Do a web search. Many companies offer the service.
It can be somewhat difficult to find commercial landscape maintenance contracts. However, by advertising, you could gain some contracts from inbound leads. Another option is to join a supply chain of landscaping companies and gain service contracts by being a part of a larger service network.
Yes, we have one of the best service contracts in the industry.
The Service Contract Act (SCA) requires government contractors performing service contracts to compensate their service employees fairly and equitably. This act mandates that contractors pay their service employees no less than the prevailing wage rates and benefits determined by the Department of Labor for similar work in the area. The SCA aims to ensure that workers are compensated appropriately for their labor on federal service contracts.
no, they are subject to the 'reasonable person test'
Web.
1 Liberal on credit/conservative(tight) on collections 2 Moderate on credit/moderate on collections 3 Conservative(tight) on credit/liberal on collections