On this tab, you can create a list of deferred expenses which need adjustments of any type.
The "Deferred Expense Adjustment (create)" form. The Deferred Expenses tab
You can add a new line by clicking Add and selecting . Select a deferral .The which properties you want to change in the Deferred Expenses column. On the drop-down list, the amounts of the deferred expenses are shown in the accounting currency.
| Note. The amounts cannot be edited in this document. For information on adjusting the amounts, refer to the Expense Recognitions section. |
You can change the following parameters of the listed deferrals:
- Deferral End Date
- Calculation Method
- Expense GL AccountsAccount
- Analytics parameters, such as department, expense item Department, Expense Item
- Project
- Project Task
- Expense Analytics
You can make the required changes directly in the list, in the columns whose cells are splitted split horizontally into two cells: Current and New. You can insert a new value of each parameter in the corresponding lower cell (New).
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The reports on deferred revenues and expenses which are available in FirstBIT ERP provide you with summary and detailed information on the deferrals and the amounts that were recognized in each month.
The following reports are available:
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