79
When using Deferrals with the allow posting from/to dates within user setup you will often get an issue where you cannot setup up the deferral because of the posting date restriction. It is often the case that you would want posting restrictions but allow a deferral to be created that goes beyond these dates. I would suggest separate Allow deferral Posting from/to dates with user setup that can override the posting date restrictions for deferrals.
STATUS DETAILS
Completed
Ideas Administrator

This feature is now completed:

The feature will be available in 2022, Wave 1 release (April)

Look for aka.ms/bcreleasenote for more info.

Business Central Team

Comments

G

There is a bug on the French version, the entries are validated even if the accounting periods are fiscally closed.

Category: Financial Management

G

Detected bug on enabling "Auto Transfer from G/L" in cost accounting setup. Data range considers only "Allow posting from/to" from Gen- ledg. setup. Deferral postings in future beyond this date are rejected. Should be linked to "Allow Deferral Posting To" as well.

Category: Financial Management

G

The URL provided by the Admin for the 2022 Wave 1 release is broken.

Category: Financial Management

G

Definitely agreed on the above, Deferral is a great feature of BC but the current restriction posting control by Allow Posting From - To in General Ledger Setup or User Setup actually create administrative work to "open" the future period for posting and "close" it back after posting. A need for separate control for Deferral is a MUST.

Category: Financial Management

G

This would be a useful feature and also include reversing journals if the same restrictions are applied currently.

Category: Financial Management

G

I Thinks this feature will be greater if it takes the same features of Dynamics for Finance and operations

Category: Financial Management

G

I think it would be a good option to add parameter in which journal template the deferrals needs to be posted. And add also the feature like in the BE-version to define per journal template the allowed posting periods (field allowed from / allowed till). For me this is not an BE functionality. This should de moved to W1.

Category: Financial Management

G

In our setup the limited selection of start dates in the deferral templates also prohibit the use of deferrals. So I would like support the OP's request for an expansion here.

In our case most deferrals would run over a calendar year. If an additional option 'Beginning of next Calendar Year' could be added (to the Start Date dropdown in the deferral template) we would be very happy.

I cannot imagine it could be too difficult for Microsoft to add a calendar year to the dropdown. However, doing deferrals by hand in an extension by putting the amounts on a G/L account and performing the deferral manual is infinitely more complex and in the end still a hack of the standard.

I can imagine other companies might benefit from a 'Beginning of next Account Year' option as well.

But I do admit that in some cases a custom start date and length in months for a deferral would even be better. I can imagine that is more complex to realise in the BC standard. In any case that change would only cover a very small percentage of our cases. So at least for us (but maybe not the orignal poster) a calendar year option would solve most of our problems with deferrals.

Category: Financial Management