Share via

Future Expenses (Deferrals)

  • Article

The future expenses (deferrals) feature enables you to:

  • Post future expenses to the Future Expenses account.

  • Generate a list of future expenses and a card for each expense, to reflect the current status of the expense.

  • Purchase a future expense.

  • Depreciate a future expense.

Purchase of Future Period Expenses

To account for future period expenses, you must:

  • Create a Future Expenses card.

  • Create and post purchase invoices for the future expense.

See Also

Tasks

How to: Create Future Expense Journals
How to: Create and Post a Purchase Invoice on a Future Expense
How to: Set Up a Future Expense Card
How to: Set Up Future Expenses in a Depreciation Book
How to: Calculate Future Period Expenses Depreciation