Skip to main content

Notifications

Announcements

No record found.

News and Announcements icon
Dynamics 365 Community / Forums / Small and medium business | Business Central, N... / Prepaids with uneven d...
Small and medium business | Business Central, N...
Suggested answer

Prepaids with uneven deferral

(0) ShareShare
ReportReport
Posted on by ahanson 182
Hello, I have a client that we are looking to setup an expense deferral for.
Their example is a 12-month insurance policy. However, their payment is a higher amount first payment, then only 8 additional payments (9 in total) to be expensed across the 12-month period.
They are in the process of migrating from Dynamics GP and had been creating manual GL entries for this as the deferral module in GP could not automate this. Can BC automate this or will it continue to be manual?
 
Thanks in advance for any suggestions!
Categories:
Dynamics 365 Business Central
  • Suggested answer
    Judy Profile Picture
    Judy Microsoft Employee on at
    Prepaids with uneven deferral
    Hi,
      
    Business central provides the capability to automatically defer or postpone revenues and expenses over a specified schedule. Please check the Microsoft Document to recognize a revenue or an expense in a period other than the period in which the transaction was posted, you can use functionality to automatically defer revenues and expenses over a specified schedule.
     
    Best Regards,
    Judy
  • Suggested answer
    YUN ZHU Profile Picture
    YUN ZHU 75,595 Super User 2024 Season 2 on at
    Prepaids with uneven deferral
    Hi, you can try the following function first.
    Business Central 2022 wave 1 (BC20) new features: More control over deferrals posting (Beginning of Next Calendar Year as the Start Date)
     
    Or try recurring journals.
    More details:
     
     
    Hope this helps.
    Thanks.
    ZHU

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

Quick Links

Congratulations 2024 Spotlight Honorees!

Kudos to all of our 2024 community stars! 🎉

Meet the Top 10 leaders for December!

Congratulations to our December super stars! 🥳

Get Started Blogging in the Community

Hosted or syndicated blogging is available! ✍️

Leaderboard

#1
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 291,642 Super User 2024 Season 2

#2
Martin Dráb Profile Picture

Martin Dráb 230,371 Most Valuable Professional

#3
nmaenpaa Profile Picture

nmaenpaa 101,156

Leaderboard

Featured topics

Product updates

Dynamics 365 release plans