Deferred Income

When the Deferred Income tree option is expanded, two additional tree items appear; Posted Current Year and Posted Prior Year.  All three menu options are explained below.  There are no right-click options available for Deferred Income.

Deferred Income Unposted – When highlighting this menu tree option, a list of all Invoices and Credit Memos for which the deferred income had not yet been recognized will display in the Active Pane.  

Posted Current Year – When highlighting this menu tree option, a list of all Invoices and Credit Memos for which the deferred income has been recognized in the current fiscal accounting year will display in the Active Pane.  

Posted Prior Year – When highlighting this menu tree option, a list of all Invoices and Credit Memos for which the deferred income was recognized in the previous fiscal accounting year will display in the Active Pane.