Deferral Accounting Rules are used to report earnings/costs which should be assigned to a later Accounting Period. For example, you decide to bill a Media Campaign in advance of the actual run time. In this situation, you receive income in an accounting period, that should be assigned to a later one. Deferral rules establish where this cost/revenue should be reported and can be used to create the necessary Accounting Records accordingly.
One campaign item record will be reflected in one accounting record including all its information on debtor and payment terms, etc. For accounting records type 'revenue' amount equals N2, whereas accounting records type 'cost' amount equals TpcAmount. |
In order to create a rule, you need only to give your rule a name. To ensure the rule creates the correct Accounting Record, and it is matched to the correct Campaign Item, you can optionally enter the following:
Dunning Block - check this checkbox if you like to block dunning for a rule. This field gets also copied into your Accounting Record
Optionally, you can also add a description
Here you can define the relevant matching criteria for your rule. Read more in the Accounting Interface Matching & Transfer Fieldlist.
Accounting Rule | Process | Accounting Record Type (Debit/Credit) |
---|---|---|
Deferral - Cost | Deferral Creation | Deferral - Cost |
Deferral - Cost | Deferral Reverse | Deferral - Cost - Reverse |
Deferral - Revenue | Deferral Creation | Deferral - Revenue |
Deferral - Revenue | Deferral Reverse | Deferral - Revenue - Reverse |