Deferred Expense Rollforward Summary Report
The Deferred Expense Rollforward Summary report is available when either the Amortization or the Advanced Revenue Management (Essentials) feature is enabled.
The Deferred Expense Rollforward Summary report includes the following columns:
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Deferred Expense Account – All deferred expense accounts are included. The deferred expense account is derived either from the item record or from the deferral account specified on the expense account record. In the summary report, you can click through from this column to the deferred expense register report.
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Beginning Balance – The total in this column ties to the deferred expense balance on the balance sheet at the end of the previous period.
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New Transactions – This column includes all new vendor bills and vendor credits posted to the deferred expense account during the selected date range.
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Adjustments – Adjustments include debits and credits to the deferred expense balance that do not impact expense accounts. When the Enable Advanced Cost Amortization accounting preference is checked for Advanced Revenue Management, this includes the cost deferral journal entries on revenue arrangements. Adjustments also include manual journal entries from deferred expense to expense.
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Expense – This column is the amount posted to expense accounts as costs are amortized during the selected date range. This column includes system-generated amortization journal entries. When the Enable Advanced Cost Amortization accounting preference is checked for Advanced Revenue Management (Essentials), the expense amortization portion of revenue recognition journal entries are included. Manual journal entries that debit or credit expense also appear in this column. The total in this column ties to the income statement balance for expense and other expense accounts for the same date range.
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Variance – The value in this column is 0 when the intended individual subsidiary content is used. When you select a consolidated subsidiary context in NetSuite OneWorld, the calculation used is Ending Balance – (Beginning Balance + New Transactions + Adjustments + Expense).
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Ending Balance – This is the deferred expense balance. It ties to the deferred expense balance on the balance sheet for the same period.
An unlabeled line in this report includes transactions with items that do not have an associated deferred expense account.
To view this report:
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Go to Reports > Financial > Deferred Expense Rollforward.
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Adjust the values for Date, To, and From.
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Select a single subsidiary value (not consolidated) in the Subsidiary Context filter if you have a NetSuite OneWorld account and access to multiple subsidiaries. When you run a consolidated report, the calculation of the Variance column is different.
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Select a value in the Accounting Book filter if you are using Multi-Book Accounting and have access to multiple accounting books.
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Click Refresh to apply your filters.