[Solved] How do I create a Membership accounts receivables balance in my Balance Sheet?

How do I create a Membership accounts receivables balance in my Balance Sheet?

The following method can be used if you need to report your overall membership accounts receivables balance and show this as a revenue accrual in your Balance Sheet.

The Membership system can report individual member and aggregated account balances for a specific date range in the Members & Billing -> Billing Schedule tab.

The following screenshots shows you how to report total aggregated outstanding balances:

Financial reporting is not linked to the Membership amounts due/payable; however, to show the A/R accrual in your financial statements you can create a manual Receipt transaction against your Debtor account (or equivalent) and reverse this in the following period:

Receipt Transaction:

Profit and Loss Account:

Balance Sheet:

• In the following period, you should reverse your revenue accrual Receipt transaction to remove the A/R Balance.
• When your Members pay and you receive the cash, record this as normal Receipts against the Members & Billing Invoices. Make sure you use the same Cost Code as you used for the revenue accrual. This revenue will be offset against the reversal above and will effectively cancel it out in