Replies to post #10666 on Vertical Computer Systems Inc (fka VCSY)

[Konaploinks]

Here ya go

Can a business defer income?

Under accrual accounting, a deferred credit is money that is received by a business, but which is not recognized as income until a later date. A deferred charge is a prepaid expense for an underlying asset that will not be fully consumed until future periods are complete.Jul 2, 2023