When you’re looking for funding, investors may ask about your Deferred Revenue.
But you may not have this number if you are still using cash-basis accounting. Lots of businesses choose to delay moving to accrual-basis accounting until they have to.
That’s why FirstOfficer.io shows you Prepaid Revenue - an equivalent of Deferred Revenue for subscription businesses.
It’s such an important number that every SaaS owner should know it, so bear with me as I...