Microsoft Dynamics NAV 2016 Financial Management - Second Edition

Deferrals

Deferrals are used to record revenues and expenses in periods other than the period where we have posted the transactions.

Setups that you are required to perform are as follows:

• The main account setup for Deferral Account (Balance sheet) where deferred revenues are posted, when you post a sales invoice for services delivered over a span of multiple accounting periods. Refer to the following screenshot:

• The deferral template setup is where you can define Deferral Account, No. of Periods, Calc.Meth..., Start Date, and so on as shown in the following screenshot:

• Assign the deferral template to Resource, as follows:

• Record the sales invoice ...