How to allocate Deferred income in the Sales module?
In the module Warehouse → Sales Sequence of actions: Create a sales record;Select the sales item;Select the allocation button: In the window that opens, fill in the fields and click "Generate":Period start date - carries over the record date; it can be changed if necessary.Period end date - the date until which the allocation is required.List allocation periods - select the frequency of income recognition: monthly, quarterly, or annually.Cor. account - select the cor. account to which the amounts should be allocated. Note. If a cost center is assigned in the sales record, the cost center will be allocated accordingly after performing the future income allocation. Income is distributed based on the number of days in the selected period, not by month; therefore, the income amount for a specific month may be higher or lower depending on the number of days in that month. The calculation formula used is: the total amount of future income is divided by the number of days in the selected period and multiplied by the number of days in the month (to which the income is assigned). To delete the recorded future income — select the sales item and click the button "Delete recorded future income" You can verify the income allocation in the main sales record window by clicking the "Show/Hide Double Entries" button
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Accounting Software

How to allocate Deferred income in the Sales module?

In the module Warehouse → Sales

Sequence of actions:

  1. Create a sales record;

  2. Select the sales item;

    Select the allocation button:

    Allocation button in the sales record

  3. In the window that opens, fill in the fields and click "Generate":
    • Period start date - carries over the record date; it can be changed if necessary.
    • Period end date - the date until which the allocation is required.

    • List allocation periods - select the frequency of income recognition: monthly, quarterly, or annually.

      Cor. account - select the cor. account to which the amounts should be allocated.

      Window for income allocation settings

Note. If a cost center is assigned in the sales record, the cost center will be allocated accordingly after performing the future income allocation.

Income is distributed based on the number of days in the selected period, not by month; therefore, the income amount for a specific month may be higher or lower depending on the number of days in that month.

The calculation formula used is: the total amount of future income is divided by the number of days in the selected period and multiplied by the number of days in the month (to which the income is assigned).

To delete the recorded future income — select the sales item and click the button "Delete recorded future income"

Button for deleting future income

You can verify the income allocation in the main sales record window by clicking the "Show/Hide Double Entries" button

Double entry viewing button in sales