Sebastian de GoeijShort answer
Accruals and deferrals (transitorische posten) are amounts paid or invoiced in a different period from the one they belong to, such as an annual subscription paid in January or December costs invoiced in January. Book them via a balance sheet account and spread them over the right periods so monthly results are correct.
Key takeaways
- Paid or invoiced in another period than the one it relates to.
- Four types: prepaid costs, accrued costs, deferred and accrued income.
- Spread an annual invoice over its months.
- Autoboeker supports accruals and deferrals when processing invoices.
What are accruals and deferrals?
They bridge the gap between paying or invoicing and the period of the cost or income.
| Type | Example | Balance sheet |
|---|---|---|
| Prepaid costs | Annual insurance paid in January | Asset |
| Accrued costs | December energy invoiced in January | Liability |
| Deferred income | Annual subscription invoiced upfront | Liability |
| Accrued income | December work invoiced in January | Asset |
How does Autoboeker handle them?
They are supported when processing invoices in all connected packages, and rules or AI instructions capture how your firm treats recurring annual invoices.
FAQ
Questions about this topic.
Yes, in Exact Online, Twinfield, SnelStart and e-Boekhouden.
How Autoboeker solves it
