How it Works
The class unearned revenue report below shows the distribution of class sessions, the total unearned revenue for the prior month, and any new invoiced sales for the month being reported on.
Total revenue equals the sum of earned and unearned revenue from the prior month plus new invoiced sales. The actual calculation for unearned revenue is made by taking the number of sessions remaining, multiplying by the price per class, and subtracting that from the total revenue to date.
You will see a row for each month, for each class. If no classes occurred, you will see that revenue showing as Unearned Revenue Closing. In other months where you see classes occurred, you see it listing Earned Revenue.
The user has the ability to run it for all locations and show any seasons that have any transactions during that time period.
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