Deferral Use Case (General Product)
General Product
One Time Deferral — Recognition Date In Future Period
Invoice Amount: $120
Recognize After Date: 5/1/2007
Batch Period: 200701
Fiscal Year: 1/1 — 12/31
Deferral Start Date: 5/1/2007
Deferral Start Period: 200705
Deferral End Date: 5/1/2007
- Deferral End Period: 200705
Deferral Amount: $120.00
Recognition Amount: $120.00
Frequency: 1
Number of Periods: 1
| Column / Period | 01 | 02 | 03 | 04 | 05 | 06 |
| # Recognized | 0 | 0 | 0 | 0 | 1 | 1 |
| # Recognitions Left | 1 | 1 | 1 | 1 | 0 | 0 |
| Last $ Recognized | $0.00 | $0.00 | $0.00 | $0.00 | $120.00 | $120.00 |
| Last Per Recognized | NULL | NULL | NULL | NULL | 200705 | 200705 |
| Next Per Recognized | NULL | NULL | NULL | NULL | NULL | NULL |
| Total Recognized | $0.00 | $0.00 | $0.00 | $0.00 | $120.00 | $120.00 |
| Balance | $120.00 | $120.00 | $120.00 | $120.00 | $0.00 | $0.00 |
| Close Flag | 0 | 0 | 0 | 0 | 1 | 1 |
One Time Deferral — Recognition Date In Prior Period
Invoice Amount: $120
Recognize After Date: 5/1/2007
Batch Period: 200706
Fiscal Year: 1/1 — 12/31
In this case, no deferral record will be written as the revenue will be recognized when the batch is closed.
One Time Deferral — Recognition Date In Prior Period
Invoice Amount: $120
Recognize After Date: 5/1/2007
Batch Period: 200706
Fiscal Year: 1/1 — 12/31
In this case, no deferral record will be written as the revenue will be recognized when the batch is closed.