Izzy
01-01-2002, 08:48 PM
I want to send quarterly invoices in advance of the three month period they relate to. For example I send out invoices in December for the 3 months Jan, Feb, and March.
How can I record this as deferred revenue in December and have it automatically recognize revenue for January, then for Februaury and finally for March? Of course, it would be removing 1/3 of the deferred revenue each month as it goes.
If not automatic - then what is the BEST manual way to do it relying on Excel as little as possible?
Thanks and happy New Year!!
How can I record this as deferred revenue in December and have it automatically recognize revenue for January, then for Februaury and finally for March? Of course, it would be removing 1/3 of the deferred revenue each month as it goes.
If not automatic - then what is the BEST manual way to do it relying on Excel as little as possible?
Thanks and happy New Year!!