Deferrals are a way to track income and expenses over time instead of in one accounting period. With Dynamics 365 Business Central, you can create templates to automate the deferral process and ensure transactions are recorded accurately and in the right periods.
Tag Archives: Revenue
How to Add Deferred Revenue and Expenses in Business Central
Alex Wiley, a PreSales Consultant at ArcherPoint, provides a quick, five-minute video tutorial on how to recognize revenue or an expense in Microsoft Dynamics 365 Business Central. In Business Central, a user can recognize a revenue or an expense outside the period that the actual transaction is posted, which can be helpful when automatically deferring revenues and expenses over a specified schedule.
Automatically defer Revenues or Expenses in Microsoft Dynamics NAV
The purpose of deferral functionality is to automatically defer revenues and expenses over a specific period. This functionality is available on sales documents, purchase documents and general journal as well. The benefits of this functionality include:
How to Create Revenue Charts to Display in Your Role Center Using Microsoft Dynamics NAV Finance Performance Charts
This blog explains how to use Microsoft Dynamics NAV Finance Performance charts to create a revenue chart that you can display in your role center. The example in this blog uses the Cronus Demo.
How to Create a Revenue Account Schedule in Microsoft Dynamics NAV
In another blog post, we demonstrate how to create a Revenue Finance Performance chart using the Cronus demo data in Microsoft Dynamics NAV. However, to create the chart, you need to have an existing Account Schedule from which to pull data.