The Bridge in Bridgehampton, N.Y., charged a whopping $750,000 to join, according to a 2007 Wall Street Journal article. Another Hamptons club, Sebonack Golf Club, billed new members for $650,000 when it opened in 2006, Bloomberg reported.
Hence, the revenue cycle actually consists of two major subsystems (assuming sales on credit basis): 1  the sales order processing system and. 2  the account receivable system.
Types of Deferred Revenues. The types of deferred revenue that might make up the account balance depend on the type of business. For contractors, deferred revenue may include contracts for maintenance on equipment and facilities, but for an information technology company, it may include contracts to service and repair computers and software.