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Sabrina Zimara, DFC Consultants

How to Set Up Retroactive Sales Deferrals in Dynamics GP 2013


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    Included with Microsoft Dynamics GP 2013 is Revenue and Expense Deferrals. This feature has saved us so much time every single month. One way we use it is with our customer support plans. These plans are invoiced annually to subscribing customers. As soon as we receive payment, we set up the funds in the deferrals and the total is evenly distributed to our GL throughout the next 12 months.

    You can also set up Retroactive Sales Deferrals. Here’s how:

    Financial>Transactions>Sales Retroactive>Retroactive Deferral

    Retroactive Deferral Transaction Entry

    Retroactive Deferral Transaction Entry

    Choose transactions and then, under additional, either choose Deferral or Deferral Profile

    Distribution Deferral Information

    Distribution Deferral Information

    Choose transactions and then, under additional, either choose Deferral or Deferral Profile

    Deferral Profile Selection

    Deferral Profile Selection

     

    Using the Profile, select profile, then enter your start date and allocate

    When finished, post your batch from Financial> Transactions> Sales Retroactive> Deferral Posting

    If you need assistance setting this up, contact DFC Consultants. We would be happy to help you.

    by DFC Consultants

     

     

     

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