How can a Deferral module help you?
- Do you have Prepaid expenses? Let GP defer that expense for you.
- Do you have Revenue Recognition requirements? Get out of Excel and process your revenue recognitions schedules.
- We’ll talk about ASC606 compliance.
- We’ll discuss the pros and cons of GP’s Deferral module and alternatives for complex recognition needs.
- Automate repeatable processes and reduce the number of manual journal entries.
Processing Deferral in Dynamics GP will give you many Benefits including:
- Eliminate Excel sheets
- Automate recognition entries
- Save Time – Increase Production
- Fewer administrative errors
Users will learn:
- How to Setup a Prepaid expense example
- How to Setup a Revenue Recognition example
- How to Setup options
- Profit and Loss vs Balance Sheet
- Days per month vs equal per period
- ASC606 What is it?
- How to handle
- Events vs Standard
- By line item