How to Skip Defer Revenue to Future Periods in Dynamics 365 Business Central

 How to Skip Defer Revenue to Future Periods in Dynamics 365 Business Central

 

Many businesses need to defer revenue or expenses over multiple periods for accounting purposes. In Dynamics 365 Business Central, you can easily set up a deferral schedule to spread out the recognition of these items. But what if you need to start the deferral not in the next period, but the one after that, or even later?

 Out-of-the-box functionality may not provide an option for "Beginning of the Next Two Periods" directly in the deferral schedule setup. However, with a simple workaround, you can achieve this custom deferral schedule.

Here's a quick guide on how to do it:

1. Navigate to the Deferral Schedule page where you set up your deferral.

2. In the Start Date field, manually enter the date that corresponds to the beginning of the period you want to start deferring to.

3. If your deferral periods are monthly and today's date is May 10, 2023, and you want the deferral to start in July 2023, you would set the start date to June 1, 2023. This will make the deferral skip the immediate next period (June) and start in July.

4. Adjust the No. of Periods field if necessary to reflect the total number of periods you want to defer.

 It's important to test out the dates to ensure the deferral posts correctly. Always double-check your work to avoid any surprises at the end of the period.

 

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