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What is a deferred National Account Program (NAP) account?

April 26, 2017account Deferred nap National program

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What is a deferred National Account Program (NAP) account?

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A deferred account is an account that is recognizing revenue in a future period. These accounts are used for registrations and other revenue that is collected prior to July 1 each year for use in a season subsequent to that date, a fall season. This can be used for sponsorship for a fall team that is also collected prior to July 1.