Deferred Expense Account Product Wise

A Deferred Expense Account Product Wise is used to track and allocate prepaid expenses for specific products over their respective periods of benefit. It ensures that costs, such as insurance, subscriptions, or maintenance fees tied to individual products, are systematically recognized as expenses in the correct accounting period. This approach improves financial accuracy and aligns costs with revenue generation.

Default Accounting Page Configuration

Product Page Configuration

Vendor Bill

Deferred Entries