Deferred Revenue - How to Create for Multiple Invoices

This method is used where you simply wish to create multiple Deferred revenue transactions at the one time, from specific invoices

Steps:

• Go to Accounting / General Ledger / Revenue Tools/ Deferred Revenue/ New Deferred Revenue
• By Default the ADD INVOICE button will be checked 
• Check the button ADD MULTIPLE INVOICES
• Select the OFFICE from the drop down menu NB all the deferrals will be processed in the selected Office
• The date of the Revenue Deferral will default to today's date, which you can change if necessary
• If required you can change the ACCOUNTING YEAR and or ACCOUNTING MONTH
• Click NEXT
• In the next page all approved invoices for the selected OFFICE for the selected ACCOUNTING YEAR and MONTH will display
• Check the box to the extreme left of the INVOICES for whose revenue you wish to defer
• If you wish to defer 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.
• If you know the date you want to reverse the revenue deferrals then select or enter the date in the RELEASE DATE field. NB this will apply to all invoices selected
• Click NEXT