Revenue and Expense Deferral in Dynamics GP

Revenue and Expense Deferral in Dynamics GP

The Revenue and Expense Deferral module in Dynamics GP allows you to easily make deferrals in the general ledger from sales invoices and payables invoices. It essentially creates a series of general ledger transactions out into the future based on simple attributes such as start date and length of deferral.

It uses a simple deferral accounting method incorporating a balance sheet account, or you can select a more intricate method that uses multiple accounts to provide more visibility in the general ledger.

You also have the option of setting up deferral profiles that work as templates for deferrals. This is a real time saver and will cut down on data entry errors.

This is a quick video that shows this in action:

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