In this article

All Deferral Schedules

Modules > Advanced revenue & expense deferrals >Deferral schedules > All deferral schedules

Modules > Advanced revenue & expense deferrals >Deferral schedules > Active deferral schedules

Use this page to review the deferral schedules. Depending on the menu option you select, you can view all the deferral schedules, or only the active deferral schedules.

You can also perform various actions on selected deferral schedules, such as canceling a deferral schedule or putting a deferral schedule on hold.

Modify Deferral Schedule

To modify a deferral schedule, follow these steps: 

  1. From the All Deferral Schedules list or the Schedules form, select the deferral schedule you want, and select Accounting > Modify schedule.
  2. On the Modify Schedule page, edit any of the options that you want to change.

    3. Depending on the deferral schedule, you can edit only some of the options.

  3. Select Preview to review the changes of the deferral schedule, and then close the preview.
  4. Select OK.

Modify Accounts for a Deferral Schedule

To modify deferral or recognition accounts for a deferral schedule, follow these steps: 

  1. From the All Deferral Schedules list or the Schedules form, select the deferral schedule you want, and select Accounting > Modify account.
  2. On the Modify Account page, select the account you want to change (deferral, short-term, or recognition).
  3. Select the New account.
  4. Select whether changing the account creates adjustment journal entries. If you select yes, select the Journal name and specify the Transaction date.
  5. Select OK.

Put a Deferral Schedule on Hold

To put a deferral schedule on hold, follow these steps: 

  1. From the All Deferral Schedules list or the Schedules form, select the deferral schedule you want, and select Hold > Place hold.
  2. On the Place Hold page, select whether you want to transfer the balance from the deferral account ot the hold account.
  3. If you select to transfer the balance, select the Journal name and the On hold account, and specify the Transaction date.
  4. Select OK.

Remove a Hold from a Deferral Schedule

To remove a hold from a deferral schedule, follow these steps: 

  1. From the All Deferral Schedules list or the Schedules form, select the deferral schedule you want, and select Hold > Remove hold.

    2. The Remove Hold page opens.

  2. When this page opens, do the following: 
    1. Select the Journal name.
    2. Specify the Transaction date.
    3. Select OK.

Cancel Unrecognized Amounts on a Deferral Schedule

To cancel unrecognized amounts on a deferral schedule, follow these steps: 

  1. From the All Deferral Schedules list or the Schedules form, select the deferral schedule you want, and select Cancel > Unrecognized amounts.
  2. On the Cancel Unrecognized Amount page, select whether to Create cancellation entries.
  3. If you choose to create cancellation entries, select the Journal name and the Cancellation account, and specify the Transaction date.
  4. Select OK.

Cancel an Entire Deferral Schedule

To cancel an entire deferral schedule, follow these steps: 

  1. From the All Deferral Schedules list or the Schedules page, select the deferral schedule you want, and select Cancel > Entire Schedule.
  2. On the Cancel Entire Schedule page, select whether to Create cancellation entries.
  3. If you select to create cancellation entries, select the Journal name and the Cancellation account. Also, specify the Transaction date.
  4. Select OK.

Fields

This page contains the following fields: 

Field Description
Schedule number Displays the deferral schedule number.
Transaction type Displays the transaction type.
Sales order Displays the sales order number.
Item Displays the item number for the line.
Deferral amount Displays the deferral amount.
Schedule status Displays the status of the deferral schedule.
Recognition type Displays the recognition type.
Customer/Vendor Displays the customer or vendor number.

Buttons

This page contains the following buttons: 

Button Description
Delete

Deletes a deferral schedule.

A deferral schedule can be deleted only when the following conditions are true: 

  • The deferral schedule was imported from Microsoft Excel
  • None of the lines in the deferral schedule have been recognized or stubbed
Buttons Table
Accounting
Modify schedule Opens the Modify Schedule page where you can select the options to modify the unrecognized portion of the deferral schedule.
Modify account Opens the Modify Account page where you can change the deferral account of a deferral schedule.
Audit trail Opens the Audit trail page where you can review the changes that occurred on a schedule.
Hold
Place hold Opens the Place Hold page where you specify the hold details and then place the deferral schedule on hold.
Remove hold Opens the Remove Hold page where you remove a hold from a deferral schedule.
Cancel
Unrecognized amounts Opens the Cancel Unrecognized Amount page where you cancel unrecognized amounts for a deferral schedule.
Entire schedule Opens the Cancel Entire Schedule page where you reverse any recognized or stubbed amounts and cancel the deferral schedule to prevent further recognition.
Credit adjustment
Apply Opens the Apply Credit Note (Deferrals) page where you create and process credit note adjustments.
Unapply Unapplies the credit adjustment and reverts all options to the original deferral schedule date.

Back to top ▲