Event Dime
Glossary
Business & Networking
- When:
- October 31, 2023 ยท 8:38 PM
- Where:
- Gym Management Software, NC
- Source:
- Gym Management Software
Glossary Definition of Terms Icons Definition of Terms Accrued Revenue Income earned but not yet received nor past due. A sale that is recognized by the business, but which has not yet been billed to the Member. This occurs when a Charge is set to Bill Soon or Bill Later, or Charge to Member is selected in Point of Sale. In each case the cost/fee is added to the Members Account for Payment in the future.