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Accrued Revenue - How to Create for Multiple Estimates

This guide shows how to quickly create multiple accrued revenue transactions at once using selected estimates.

Step by Step Guide:

1. Go to Accounting > Revenue Tools > Accrued Revenue

2. Click New Accrued Revenue

3. By Default the Add Estimate button will be checked.

4. Check the button Add Multiple Estimates.

5. Select the Office from the drop down menu. All the deferrals will be processed in the selected Office

6. The date of the Accrued Revenue Deferral will default to today's date, which you can change if necessary

7. If required you can change the Accounting Year and or Accounting Month

8. Click Next.

9. In the next page all approved Estimates for the selected Office for the selected Accounting Year and Month will display.

Check the box to the extreme left of the Estimates for whose revenue you wish to defer.

10. If you wish to accrue less than 100% of the revenue from the selected invoices, then change the amount from 100 in the Percentage of Each Line to Defer field. NB this will apply to all invoices selected.

11. If you know the date you want to reverse the revenue accruals then select or enter the date in the Reverse Date field. This will apply to all invoices selected.

12. Click Next.