BTerrell Group Blog

Revenue and Expense Deferrals Add-On Module for Sage 300 ERP

Posted by Kevin Yu on Mon, Jun 24, 2013

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.

Revenue & Expense Deferral module by Systronics - UI
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.

Revenue & Expense Deferral module by Systronics - Template
Deferral processing is very simple. There are also several out-of-the-box reports that provide you more visibility.

Revenue & Expense Deferral module by Systronics - Reports Revenue & Expense Deferral module by Systronics - Standard reports
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. 

Revenue & Expense Deferral module by Systronics - recognition schedule

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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Tags: Systronics, Sage 300 ERP, Revenue and Expense Deferrals

Systronics' Revenue & Expense Deferrals and ToolPac Webinar

Posted by Meredith Gooch on Mon, Jan 30, 2012

Join us for a Webinar on Systronics' Revenue & Expense Deferrals and ToolPac on Tuesday, January 31, 2012 at 3:00 Central.

Amortize Transactions Over Service Contract Periods!
Revenue and Expense Deferrals for Sage ERP Accpac helps companies with the amortization of maintenance and service related contract revenue and expense amounts over the life of the contract. Companies get the advantage of compliance with the Public Company Accounting and Investor Protection Act of 2002 (also known as the Sarbanes Oxley Act of 2002). Although not specifically covered under the Act, non-public entities are also finding that bankers, investors, and acquisition candidates are non conditioned to expect increased transparency and real-time disclosure, effectively placing a greater accounting and reporting burden on companies who are not legally obligated to comply with the Act. Revenue and Expense Deferrals helps companies with meeting these additional demands.

Reconcile G/L Balances With Subledgers in Minutes Instead of Days!
ToolPac for Sage ERP Accpac efficiently identifies mismatches between Sage ERP Accpac modules, for example, mismatches between A/R balances and corresponding G/L accounts, or the actual balance in O/E Shipment Clearing account and the amount posted to that account according to audit logs in O/E. You can think of ToolPac as an inter-module integrity check. The current version supports G/L, A/R, A/P, I/C, O/E, and P/O modules of Sage ERP Accpac and lets you narrow down on the problems in just two or three easy steps.

  • Verify the status of transactions (applicable only to P/O and O/E).
  • Compare transaction balances in G/L and sub ledgers, period by period.
  • Reconcile individual transactions in G/L with respective transactions in sub ledgers.

Some of the G/L accounts that ToolPac helps you verify and reconcile are:

  • Payables Clearing
  • Inventory Control
  • Receivables Control
  • Prepayment Liability
  • Payables Control
  • Prepayments

Want to learn more? Join the meeting on January 31 or contact us for more information if you are unable to attend.
Dial in: 914-339-0034
Access Code: 575-874-370
Meeting ID: 575-874-370


Tags: Webinar, sage erp accpac, Systronics, ToolPac, Revenue and Expense Deferrals