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  2. Accounting and Invoicing
  3. Expense and revenue recognition and one-shot entries
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Acasă └Accounting and Invoicing └Expense and revenue recognition and one-shot entries

Accounting and Invoicing

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Expense and revenue recognition and one-shot entries

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Accounting
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In this video, learn how to manage expense and revenue recognition and one-shot entries.

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1. How can I register deferred revenue?
By using the “Deferred Revenue” model under “Configuration” and selecting the related account(s) when creating an invoice or bill. Enter a “Start Date” and “End Date” through the ‘toggle’ menu on an invoice or bill. By creating and using a “Deferred Revenue” account.
2. What is the requirement to access the “Cut-off” button?
Have it enabled in the “Settings”. The account used must either be of the “Expense” or “Income” type. Have a different “Bill date” and “Accounting date”.
3. What is the condition for creating accrued entries for multiple bills at once?
They must be from the same partner. They must use the same account. They must be of the same type (e.g., bills or debit notes).
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