Deferred Revenue Management

Deferred Revenue Management

The Deferred Revenue Management (DR) module allows you to automate and accurately account for situations where you need to recognize revenue in future periods.

Deferred Revenue Schedule

Deferred Revenue on Invoice

Deferred Expense Prepayment

Highlighted Features

  • DEFERRED REVENUE ACCOUNTING: Acumatica automatically calculates deferred revenue accounts according to schedules that you establish. As time passes, deferred revenue is automatically recognized so your financial statements are automatically updated.
  • DEFERRED REVENUE ADMINISTRATION: Create revenue recognition templates and assign them to line items on revenue transactions. Each template can specify start date, recognition method, percentage to recognize immediately, number of occurrences, and time within the period to generate transactions. Each template can be linked to accounts, sub-accounts, and inventory components.
  • CUSTOMIZED DEFERRAL SCHEDULES: Create deferred schedules based on deferred templates or create custom schedules to model complex requirements. Each schedule can be linked to specific transactions and line numbers on any income document.
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Prior to meeting with Advanced Business Software Corp, The City of Garden City was planning to replace Dynamics GP due to a lack of support from the previous VAR and their poor implementation. Once we engaged with Advanced Business Software they were able to reconfigure Dynamics GP to our needs and their staff gave us the training and resources we needed to do a proper implementation. Advanced Business Software has become our consulting and support team and we are extremely pleased with how efficient and prompt they are in handling all of our accounting questions and implementation needs. I would recommend ABS services and support personnel to anybody considering purchasing Dynamics GP.

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