|
Are you looking for enhanced Revenue and Expense Deferral functionality for Microsoft Dynamics GP?
If you are struggling with the accuracy of revenue and expense recognition due to deferral and other accounting requirements, you’ve come to the right place. As a leading software developer for Microsoft Dynamics GP (formerly Great Plains), we have developed a comprehensive revenue and expense deferral management solution using Dexterity, which is the native programming language for Microsoft Dynamics GP.
Whether you’re a software related company affected by the FASB SOP 97-2 accounting rules or a Professional Services firm providing services that are invoiced upfront but provided on an ongoing basis, our Revenue&Expense Deferrals software offers you true integration to Microsoft Dynamics GP’s revenue and expense modules (Accounts Receivables, Sales Order Processing, Payables Management, and Purchase Order Processing).
Best suited for service based organizations who desire to delay their revenue or expense recognition throughout the life of a project or contract, the Revenue&Expense Deferrals software allows you to defer revenues, expenses, and related credit memos on a line item basis within Microsoft Dynamics GP’s SOP and POP transactions. This new functionality gives you a great deal of flexibility in terms of creating and altering complex deferral schedules within Microsoft Dynamics GP.
While Microsoft Dynamics GP does offer you the ability to create deferrals, the Revenue&Expense Deferrals product is a distinct solution that offers a significant amount of functionality for you to control your revenue and expense recognition schedules on a line item basis. From adding password protection on deferrals to the mass editing capabilities of multiple deferral schedules, finally there is a comprehensive and robust revenue and expense deferrals enhancement for Microsoft Dynamics GP.
 |
 |
- Complies with SOP 97-2 rule
- Creates many deferral schedules and assign to items
- Defers revenues and expenses by line item
- Prorates deferrals
- Setup deferred revenue & expense accounts by item and vendor
- View and edit deferral schedules anytime
- Inquire on various deferral activities
- Edit schedules in a batch process
- Exports data to Excel
- Efficient journal entry posting engine
- Password protection for deferral schedule changes
- Automated reversals for cancelled and modified deferral schedules
- Forecast revenue/cost recognition
- Defers credit memos
|
|
|
|
- Minimizes journal entry errors
- Improves accounting productivity
- Increases financial reporting accuracy
- Streamlines deferral adjustments/roll-backs
- Increases control of deferred revenue and expense schedules
- Account for non-inventory deferral items
- Easily forecast revenues and expenses
- Empower financial decision making
|
|
|
  
|
