Creating Income Schedule Definitions

To create a new income schedule definition:

1. Click the Income Schedule Definitions tab.
2. Click New next to Recent Income Schedule Definitions on the home page.
3. Specify a name for the new income schedule definition, such as "Quarterly Maintenance".
4. Enter a number of journals across which you want to spread the revenue, and an interval (in periods) between these journal postings. All periods in the schedule must be open.
5. Specify a deferred income account.
6. If the schedule start date that you specify at run time is not the beginning of an accounting period, select the Use Part Periods checkbox.
7. When you have finished, click Save. You can also click Save & New to save the changes to the current record and then immediately begin to create another.