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Diff. btwn Unbilled Receivables & Unearned revenue

Posted: Tue Aug 26, 2008 9:07 am
by dvsprao108
Hi Friends,

Anybody could please explaine me the exact difference between UNBILLED RECEIVABLES and UNEARNED REVENUE?

Prakash
dvsprao108@gmail.com

Posted: Wed Aug 27, 2008 12:55 am
by kkmundhra
Hi

When an individual or company receives money for a service or product that has yet to be fulfilled. This is unearned revenue.

An unbilled receivable is an abbreviation meaning ?earned, but unbilled?.

Thanks
Karan