Cluster N · N08
Accruals, deferrals and revenue recognition
Already described in the planned catalog (not built). Typical of: Membership and subscription businesses; Equipment makers with dealer networks; Aerospace, defense and government contractors and others.
Planned
Elements
The pieces this function usually contains in a large organisation:
- Deferred revenue schedules
- Accrual reversals
- Performance obligations
Catalog items that already cover part of it
- Deferred revenue BK-0091
- Accruals BK-0090
- Deferred revenue/layaway report RPT-0066
Classification
- Status
- Present in catalog
- Fit
- Core candidate
- Suggested module
- BK: Bookkeeping, Ledger & Accounting
- Suggested attributes
- Lite and Pro; priority Standard; always offline. Starting points only.
- Cluster
- Finance, accounting and tax
- Public excerpts
- S19, S21, S22
Archetypes and companies
Membership and subscription businesses; Equipment makers with dealer networks; Aerospace, defense and government contractors; Airlines and travel; Lodging, management and franchising; Media, software and technology services.
Example companies in these archetypes: Costco, Sam's Club, Walmart+, Amazon Prime, Planet Fitness, Deere, Caterpillar, Cummins, Paccar, Boeing, Lockheed Martin, RTX. These come from general knowledge unless a source code is shown on the archetype page; it is not a statement that each company runs every element, and it implies no relationship.
Closest industry pages
- Fitness, sports clubs and recreation
- Salons, spas and personal care services
- Vending, kiosks and unattended retail
- Industrial machinery and equipment
- Equipment rental and leasing
- Agriculture, farming and cooperatives
- Aerospace and defense
- Construction and engineering
- Professional and business services
- Airlines and aviation
Previous: Fixed assets, depreciation and leases. Next: Project, contract and progress billing.
Status is a hand review against catalog names and descriptions and can be wrong. See the method.