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Thanks for providing ample details about your concern when trying to set up products and services to deferred revenue, FThompson.
Allow me to share the steps on how to set up a new schedule and assign items to it. Here's how:
- Go back to the Revenue recognition tab under the Advanced accounting menu.
- You'll see a drop-down list beside Manage settings, click on that and choose Assign product/services.
- You can also click Manage templates to set up new deferred revenue schedule.
- Click Assign template to products/services.
If you are unable to locate the options, a possible browser and other technical issues are preventing certain features and buttons from appearing on the program.
To resolve some of the most common browser issues when using QBO, allow me to guide you through additional steps. Here's how:
- Use a private/incognito browsing session or restart your browser.
- Clear your browser's cache.
- Add Intuit as a trusted site.
For additional insights when tracking your income in QBO, you may want to check out these articles as well:
- Find The Missing Income And Expense Transactions In Your Profit And Loss Report
- Use Reports To Track Cash Flow In QuickBooks Online
You can always come back here if you need any support with the Deferred revenue feature or any other QuickBooks Online functions. We're always here, ready to provide guidance and help when you need it.
I can share which QBO plan allows you to create a deferred revenue report, @86Aggie.
The ability to create a deferred revenue and its reporting capability is exclusive to the QBO Advanced version. It offers automated revenue recognition, which helps in recording payments for the associated products and services you set up.
If you’re using QBO Plus, consider upgrading your plan for exclusive access to deferred revenue features and its reporting.
On the other hand, if you're already utilizing a QBO Advanced version, here are some easy steps to access the Revenue Recognition Report within QBO:
- Sign in to your QBO account.
- Go to the Reports tab on the left navigation panel.
- Search for Revenue Recognition Report.
- Adjust the Report Period and Columns if necessary.
For more info about setting up a revenue recognition schedule and its report, please refer to this article: Set up an automatic schedule to help with revenue recognition in QBO.
Moreover, you can memorize a report in QBO to save its current customization settings for future needs.
I'm all ears for any additional questions about creating a deferred revenue report. See you around.
