Revenue and Expense Deferral in Dynamics GP



The Revenue and Expense Deferral function in Dynamics GP allows you to easily create a series of future deferral entries based on the general ledger distribution for any of several transaction types. A common use is to defer sales revenue over a multi-month period to recognize revenue in future periods based on a transaction in a specific accounting period. For example, if you sell an annual service contract today, you should not recognize all the revenue today, but instead should recognize the revenue over the next twelve months. This video shows you a simple example of the accounting for this type of transaction.

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