How to spread income and costs with deferral schedules
Web
Updated Aug 2026
Money received or paid up front shouldn’t all hit this month’s profit. RushFlow’s Deferrals & Accruals spread a balance-sheet amount into profit & loss over several periods — posting one recognition entry per period — so revenue and costs land in the periods they actually belong to.
Step by step
- Create a scheduleWeb: Accounting → Deferrals & Accruals → New. Pick the type — deferred revenue, prepaid expense, accrued expense or accrued revenue — a title, total amount, start date, number of periods, frequency, and the balance-sheet and P&L accounts.
- Recognise over timeUse Recognize due to post all periods dated up to today, or recognise one period at a time. Each recognition is a balanced journal into the P&L.
- Adjust if neededCancel a schedule to keep what’s recognised and stop future periods; the total splits evenly with the final period absorbing any rounding.
Safe recognition
Recognition is idempotent per period and won’t post into a locked period (it stays pending until the period reopens), so you can run it without doubles.
Frequently asked questions
Can RushFlow handle deferred revenue and prepaid expenses?
Yes. Deferral schedules spread a balance-sheet amount into P&L over several periods — deferred revenue, prepaid expense, accrued expense or accrued revenue — one recognition entry per period.
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