Revenue and Expense Deferrals for Sage 300 ERP (Accpac) by Systronics is a great add on module that integrates directly with Sage 300 ERP to provide revenue recognition capabilities. Let’s take a look.
Since the module integrates directly with Sage 300 ERP, it is very simple to configure. The UI will be very similar to the UI you may already be used to.
It is very flexible with regards to setting up contract terms and amortization periods. Templates can also be set up for a variety of different terms and periods.
Deferral processing is very simple. There are also several out-of-the-box reports that provide you more visibility.
The recognition schedule for a straight-line deferral, using exact days per period, prorating the first and last month, recognized at the end of the period, is shown below. The schedule is easily editable from this window if allowed.
If you are looking for a way to automate amortizing service or maintenance contract revenue, Revenue and Expense Deferrals for Sage 300 ERP (Accpac) may be right for you.
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