👉 In the context of accounting, "postponements" refer to events or transactions that are delayed by a certain period. These can be due to unforeseen circumstances, changes in regulations, or other factors beyond an organization's control. For example, a company might have agreed to pay a deferred payment for a large order they had placed but is currently experiencing delays due to supply chain issues. Another instance could be when a customer has requested a refund for services rendered earlier but the process of issuing the refund
