The Deferred Revenue Management (DR) module allows you to automate and accurately account for situations where you need to recognize revenue in future time periods. Automate any deferred calculation by assigning a schedule to any transaction line item or inventory component.
Acumatica’s advanced deferred revenue functionality is included at no extra cost with the Acumatica Financial Suite. Integration with other financial modules provides accurate accounting of both deferred revenues and deferred expenses.
Deferred Revenue Accounting
Automatically calculate deferred revenue according to established schedules. Deferred revenue is automatically posted and recognized in financial statements.
Integrated with other Financial Modules
Templates can also be applied to payables for expense amortization. Attach schedules Inventory items so Sales Orders and Purchase Orders are processed according to the proper accounting rules.
Customized Deferral Schedules
Create schedules based on templates or from scratch to model complex requirements. Schedules can be linked to specific transactions and line numbers on any income document.
ASC 606 and IFRS 15 Compliance
Manage complex multi-element sales scenarios required by ASC 606 and IFRS 15 and customize Acumatica’s logic to meet your unique business requirements and workflow.
Multiple Recognition Methods
Recognize revenue evenly across financial periods, prorate by number of days, or recognize revenue when payments are received. Comply with all recognition requirements – even in situations where revenue collection is uncertain.