On this tab, you can create a list of deferred revenues which need adjustments of any type.

The "Deferred Revenue Adjustment (create)" form. The Deferred Revenue tab
You can add a new line by clicking Add and selecting a deferral.

The existing deferrals are listed with their amounts in the accounting currency.

You can change the following parameters of the listed deferrals:

• Deferral End Date
• Calculation Method
• GL Accounts
• Analytics parameters, such as department, revenue item

You can make the required changes directly in the list, in the columns whose cells are splitted horizontally into two cells: Current and New. You can insert a new value of each parameter in the corresponding lower cell (New).

7.5.3. Expense Recognitions

To access the Expense Recognitions document list, go to Accounting > Deferrals > Expense Recognitions.

The Expense Recognition list
The Deferred Expense Recognition list includes all the deferred expense recognition documents available in the system. If you don't see a specific document, rearrange the list by date or document number or use the Search field to locate the document by a string in its description, company name, or contract number. You can change the list display settings to suit your particular needs. To learn more about the list display settings, see Working with the item list.

Generally, Expense Recognition is a document that the Month-End Closing procedure generates for each entity if the Calculate Current Expenses for Deferrals option is selected on the Accounting > Service Tools > Month-End Closing form. The generated document lists available deferred expenses with the By Month and By Calendar Days calculation methods for which the specific amounts calculated by the appropriate method should be recognized as actual expenses incurred in the current financial period.

Also, there can be manually created documents of the Expense Recognition type—generally, such documents are created for deferred expenses with the Manual calculation method. For such deferred expenses, you create an Expense Recognition document each month when you must recognize specific amounts as current expenses.

A check box in the Manual Processing column indicates (if selected) that the corresponding document should be manually processed (posted).

To manually create a new document of the Expense Recognition type, click the Create button on the toolbar.

To edit an existing document, double-click the line with the document in the Expense Recognitions list. You can also select the line, right-click it, and select Edit or click More actions > Edit on the toolbar. For descriptions of other buttons, refer to List Toolbar.