Description of the illustration big_gl_earned_unearned_cf.gif

This figure is a chart that shows a cycle forward fee with a billing date of 2/28, a GL reporting date of 3/15, and the next billing date of 3/28. For 2/28 to 3/15, the cycle forward fee is reported as billed and earned, and for 3/15 to 3/28, the fee is reported as billed and unearned.