Deferred Revenue Formula Maintenance (DSM420) is used to define and manage the deferred revenue recognition formulas.
A Deferred revenue formula definition file (DSDRA00P) stores the product/customer definitions and links them to the deferred revenue formulas specified in the Deferred Revenue recognition file (DSDRC00P).
Deferred Revenue GL Account Maintenance (DSM422) is used to define the General Ledger sales and cost of sales accounts and Company to be used with each Formula definition.
Deferred Revenue Formula Maintenance (DSM424) is used to define and manage the deferred revenue recognition formulas.
A deferred revenue recognition file (DSDRC00P) stores multiple formulas. Each formula contains up to eight rates for nominated time duration’s to be applied when calculating deferred revenue recognition.
Work with deferred revenue allows the user to defer, change, delete deferments, display deferment and display order details. This menu option displays the document date the document type, document number, status of the order, total amount, deferred value, balance value and posted value. This uses the deferred revenue balance file (DSDRV00P).
The processing of the deferment can be handled by the batch deferment generation. This program processes only manually deferred invoices in the original manner. Whereas the deferred revenue recognition uses the calculations using the formula based recognition.
The Deferred revenue report is then printed to list all the current period values to be posted.
The General Ledger Journals are then created. End of Day must be run to update the postings to the General Ledger.
