In this article
Use this page to specify the details of the hold for a deferral schedule.
Starting in version 1.45.5.0, the GL entry include invoice discount amount (if applied) functionality was added. In this example:
Sale invoice amount: $1200
Line discount amount: 10% ($120)
Invoice discount amount: 10% ($108)
Net amount: 972$
Therefore, the entries will be
DR: Hold Discount Deferral account - $106
CR: Discount Deferral account - $106
Put Deferral Schedule on Hold
To put a deferral schedule on hold, follow these steps:
- From the SBS ARED Deferral Schedules List, select the deferral schedule you want to edit.
- On the SBS ARED Deferral Schedules page select Actions > Hold > Set On Hold, which opens the SBS ARED Set On Hold page.
- Update any of the options as needed.
- Select OK.
Remove Hold
Starting in version 1.45.5.0, the GL entry include invoice discount amount (if applied) functionality was added. In this example:
Sale invoice amount: $1200
Line discount amount: 10% ($120)
Invoice discount amount: 10% ($108)
Net amount: 972$
Therefore, the entries will be
DR: Discount Deferral account - $228
CR: Hold Discount Deferral account - $228
To remove a hold from deferral schedule, follow these steps:
- From the SBS ARED Deferral Schedules List, select the deferral schedule you want to edit.
- On the SBS ARED Deferral Schedules page, select the Actions tab, and select Actions > Hold > Remove Hold.
- When you are asked to confirm the action, select Yes.
Fields
This page contains the following fields:
| Field | Description |
| Transfer Balance to On Hold Account |
Indicate whether the deferral balance is transferred to the on-hold account after the hold is placed on the deferral schedule:
|
| General Journal Template |
Select the template for the general journal entry. |
| General Journal Batch |
Select the batch for the general journal entry. |
| Posting Date |
Specify the date on which the journal entry is posted. |
| Revenue On Hold Account | Specify the deferral revenue on-hold account. |
