The Deferred Revenue Management (DR) module allows you to automate and accurately account for situations where you need to recognize revenue in future periods. Create centralized deferral schedules and link them to any transaction line item or inventory component. Deferred revenue features are integrated with all other financial modules so you can link them with sales orders, purchase order, and inventory items. By linking deferred codes to transactions in the Accounts Payable module, you can amortize expenses.
The Deferred Revenue module holds definitions of deferral codes. By using the Deferred Revenue module, you can view and edit deferral schedules generated for Accounts Payable and Accounts Receivable documents and recognize portions of deferred amount according to these schedules. Also, the Deferred Revenue module provides a wide variety of reports.
The Deferred Revenue module integrates with the Accounts Payable and Accounts Receivable modules.