deferred revenue

alch

Active Member
Hello List,
What application do you use to handle deferred revenue and allocations of revenue into the future?
Thanks.

Alex
XE, Oracle, Solaris
 
Why not book the revenue in Deferred Revenue Account
and then use Allocation to amortize it if you know the
percentage involved?

If you were to provide a little bit more info, we may
be able to help better.

Let's say you receive revenue for the next 12 months.
Book it into "deferred Revenue" then on a monthly
basis, release 1/12 of the amount to revenue.

Hope I was able to help

--- alch <[email protected]> wrote:
http://www.jdelist.com/ubb/showthreaded.php?Cat=&Board=OW&Number=56196


=====
Ulrick Ceus
A JDEdwards Product Certified Consultant
USMTech Consulting Group, Inc
Gilbert, Arizona
602-770-0158(Mobile)
[email protected]
[email protected]

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Hello Ulrick ,
We sell maintenance and collect money in advance. The usual period is 12 months, but not always. It can be 6, 15, 24 months. We use R093021 (Indexed Comps Compute And Print Report), but it works for 12 months only.
If you have any idea, it will be great.

Alex.
 
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