Okay, we have this problem every year and I'm hopeful that with SB7 we'll be able to fix it. Our fiscal year ends June 30, but we begin receiving payments for the next year in February. Every year our auditors want to tie out our numbers (enrollment times tuition) to our total a/r, and yet every year we have a hard time separating out the current year from the upcoming year (as far as income). How do you all handle it? Would it be useful to assign an attribute or project to each year, and run reports based on the attributes or projects? Any suggestions would be greatly appreciated!

We use the Advance Deposit process giving us the opportunity of setting up the liability as unearned revenue untill the scheduled date of the Advance Deposit. Good Luck