127.81

v 14.0 Third Party 18
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Invoicing (account)
Discuss (mail)
Employees (hr)
Community Apps Dependencies
Lines of code 1964
Technical Name oi_deferred_revenue
LicenseOPL-1
Websitehttps://www.open-inside.com
Versions 16.0 15.0 11.0 13.0 12.0 14.0
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Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Invoicing (account)
Discuss (mail)
Employees (hr)
Community Apps Dependencies
Lines of code 1964
Technical Name oi_deferred_revenue
LicenseOPL-1
Websitehttps://www.open-inside.com
Versions 16.0 15.0 11.0 13.0 12.0 14.0

Deferred Revenue

"Enhance Revenue Recognition Operations"

This module allows you to automate and accurately account for situations where you need to recognize revenue in future periods.

Description

☛ Don't forget the difference between cash in hand and real revenue. Just because you possess revenue does not mean it has yet been “earned.”

Deferred/unearned revenue is an advance payment recorded on the recipient's balance sheet as a liability account until either the services have been rendered or the products have been delivered. Deferred revenue is a liability account because it refers to revenue that has not yet been earned, but represents products or services that are owed to the customer. As the products or services are delivered over time, the revenue is recognized and posted on the income statement.

Deferred Revenue” module helps you to automate deferred revenue calculations by assigning a schedule to any affected transaction line item or inventory component. This module assists you to accurately implement and account for deferred revenues through integration with other modules.

Menus

  • Accounting

    • Accounting

      • Generate Entries
        • ⁕ Generate Deferred Revenues Entries

    • Accounting

      • Management
        • ⁕ Deferred Revenue

    • Configuration

      • Management
        • ⁕ Deferred Revenue Types

Reports

Odoo standard module report.

Key Features

  • Highly customizable deferral schedules.

  • Supporting multiple recognition methods.

  • Fully integrated with other Odoo applications.

  • High flexibility to define different revenue records.

  • Great configuration feature to define deferred revenue types.

  • High flexibility to establish schedules for automatic calculations based on revenue accounts.

  • Ability to search deferred revenue records with different dimensions, for example, Category, Vendor, Date, Status etc.

Demonstration

Overview

Wide range of attribute configuration

Need Any Help?

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