White Paper: Advanced Revenue Expense Deferrals

White Paper: Advanced Revenue Expense Deferrals

Deployment Strategies for Deferred Revenue & Expense Management using Microsoft Dynamics GP.

Advanced Revenue Expense Deferrals White Paper

Deployment Strategies for Deferred Revenue &
Expense Management using Microsoft Dynamics
GP.

This white paper defines the industry and regulatory requirements of deferral accounting, demonstrates the value of accurate deferral accounting, and discusses the common solutions for deferral management using Microsoft Dynamics GP.

Companies that sell software or provide a service that is prepaid will be affected by various accounting guidelines related to revenue recognition. While complying with accounting guidelines will provide numerous benefits, organizations must carefully assess the tools that can be used to ensure the processes required for revenue or expense recognition accounting is efficient. Organizations that have deployed or are in the process of deploying Microsoft Dynamics GP have many options for managing revenue and expense recognition and this paper will discuss the key differences between the options.

This paper is targeted towards industries that require more complex revenue and expense deferrals such as software companies, ASPs, subscription services, online information providers, and other service organizations that receive pre-payments for services delivered over a specified period of time will also find this information useful.

Microsoft Dynamics GP consultants should also read this paper to learn how to apply Microsoft Dynamics GP to businesses with deferral accounting requirements.

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