Revenue recognized this month
–
Deferred revenue
–
Cost recognized this month
–
Deferred cost
–
Revenue and cost by month
RevenueCostScheduled
Contracted future revenue
Deferred balance over time
RevenueCost
Status
Fromto
Invoices and bills
| Date | Number | Contact | Type | Lines | Amount (USD) |
|---|
Upload FlowRev export
For exports over ~20 MB use tools/import_flowrev.pyMonth-end journals
Starting with DeferFlow
1. Opening adjustment: align Xero's deferred accounts with DeferFlow at the start of the first month, against
2. Every month from the first month to
| Month | Status | Total debits (USD) | Corrections for | Note |
|---|
One summary journal a month: deferral of newly invoiced deferred lines and recognition of the month's share, by account and tracking. Changes to a booked month go into the next journal as corrections.
X
Xero
qb
QuickBooks Online
Coming soonPull invoices, bills and credit memos; post month-end journal entries.
+
More systems
PlannedSage Business Cloud · Zoho Books · FreeAgent · MYOB · NetSuite
Recognition and posting
Deferred accounts: P&L account → balance-sheet account. A line is deferred when its product name holds a number of years and its account is listed here.
| P&L account | Balance-sheet account |
|---|
Counterparties: names that differ only by case, punctuation or Limited / Ltd / Inc are merged automatically. Add other spellings of the same counterparty here.
| Name as written | Same counterparty as |
|---|
Recognition rules
Each line pulled from your accounting system gets the first rule that matches it, top to bottom. Empty conditions match everything. A line no rule matches is recognized immediately. Lines whose schedule you set by hand are never changed.
| Name | Type | Accounts | Item code | Description contains | Recognition | Months | Starts | On |
|---|