What is Deferred income?
Also known as: income of future periods
Income received (or accrued) in the reporting period but relating to future periods: rent, tickets sold, magazine subscriptions and so on. Until the goods are delivered or the service is rendered, it stays in account 6230 (the long-term part in 7230), and is then transferred to account 9010, 9020 or 9030 as income; deferred rental income, however, is transferred to account 9350 or 9550 in the relevant period.