ARED Module Setup

To be able to use the deferral schedule functionality, follow this general workflow to set up the ARED module: 

1. On the Advanced Revenue & Expense Deferrals Parameters page, set the default preferences and settings for the ARED module.
2. On the Deferral Templates page, set up straight-line templates for deferral schedules.
3. If you use the event-based feature, on the Event Based Deferral Templates page, set up event-based deferral templates.
4. On the Deferrable Items and Deferrable Charges pages, set up which items and charges are deferrable by default.
5. On the Deferral Defaults page:
   1. Set up the default deferral accounts for items and assign default templates to deferrable items.
   2. Set up deferral accounts for charges and assign templates to the deferrable charges.

In addition to the required setup, you can also set up these optional features: 

• On the Advanced Recurring Contract Billing Parameters page, use the Align deferral to billing option to align the start and end dates for the deferral schedule to use the same dates as the billing schedule.