Closing adjustments for pre paid customers

by a professional from Bishop's University

1 year ago

If it will take months to start getting paid, how can he survive as the new owner?
Please fill in the viewer survey for 2023: https://www.DCBsurvey.com 
Customers who pay in advance are essentially financing a business.
It’s like a loan.
The problem is, how/when do you recognize the earning of that money.
It’s important if you’re taking over some of these contracts part way through the year.
Watch here now: https://youtu.be/ta0gOH_uElQ 

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