| Required Apps |
•
Invoicing (account)
• Employees (hr) |
| Included Dependencies | Show |
| Lines of code | 1964 |
| Technical Name |
oi_deferred_revenue |
| License | OPL-1 |
| Website | https://www.open-inside.com |
| Also available in version | v 16.0 v 11.0 v 12.0 v 15.0 v 13.0 |
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
Accounting
- Management
Configuration
- Management
⁕ Generate Deferred Revenues Entries
⁕ Deferred Revenue
⁕ 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?
Odoo Proprietary License v1.0 This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file). You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one). It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software. The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
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