General Ledger Deferred Income Deferred Income Recognition Process
Deferred Income Recognition Process (continued)
4. A message box will be displayed advising the User to close other software applications and to confirm whether they are ready to post the deferred revenue. Press the Yes button to proceed. As the program is running a progress bar will be displayed. When the process has completed, the User may close the Deferred Income form.
The Income just earned will now appear on Income Statements for the period earned.
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