This allows you to manage the cost and revenue recognition on buying / selling products. It keeps track of the installments occurred on those cost / revenue recognitions, and creates account moves for those installment lines.

Key Features

1. Define deferred revenue types

   • Define deferred revenue types

     • Name: the name of the type for identification purpose

     • Journal: the default journal for account moves of the deferred revenues in this type

     • Deferred Account: The account for encoding deferred revenues

     • Revenue Account

     • Disposal Account

     • Analytic account

     • Analytic Tags

     • Time Method

       • Number of Defferals

         • Number of Deferrals

         • One Entry Every

       • Ending Date

         • One Entry Every

         • Ending Date

   • Define deferred cost types

     • Name: the name of the type for identification purpose

     • Journal: the default journal for account moves of the deferred costs in this type

     • Deferred Account: The account for encoding (prepaid) expense that will be deferred as costs.

     • Recognition Account: An account to store recognition moves. It is usually a cost account

     • Disposal Account

     • Analytic account

     • Analytic Tags

     • Time Method

       • Number of Defferals

         • Number of Deferrals

         • One Entry Every

       • Ending Date

         • One Entry Every

         • Ending Date

2. Revenue Deferral: manage revenue deferrals

   • Name: the name of the deferral

   • Category

   • Value

   • Salvage Value

   • Residual Value

   • Deferral Board

   • Journal Items / Entries

3. Cost Deferral

   • Name: the name of the deferral

   • Category

   • Value

   • Salvage Value

   • Residual Value

   • Deferral Board

   • Journal Items / Entries

4. Mass generation of Journal Entries for cost/revenue Recognitions