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Shipping orders for any product with future revenue recognition automatically creates Scheduled Transaction Groups in Aptify. See About Scheduled Transactions and GL Accounts for more information.
When the scheduled transaction group is expanded, entries are created based on product attributes. Products with one future revenue recognition date have a single entry created for the date when revenue will be recognized. Products with future revenue recognized over time have entries created for a series of future dates when revenue will be recognized.
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The example below shows one month of scheduled transactions aggregated into one batch. This batch contains 10 scheduled transactions similar to the one illustrated in Scheduled Transaction ID 200 shown above. All of the $2.00 debits and credits in the 10 individual transactions are aggregated per GL account.
GL Entries for Scheduled Transaction Batch ID 200:
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