Want to know if Deferred Continuity Schedule Functionality is available in Fixed Assets Module.

In our organization , any donations received for a capital investment, are also amortized over the life of the asset, offsetting the cost.

Need to know if Calculation of this amortization of the deferred money can be created by the system. The revenue in P & L should be credited and the Capital B/S account where this deferred money was parked should be debited.

System should create this calculation automatically in the system and reflects the revenue side of amortization similar to the expense side for depreciation.

In essence, by click a button to say yes the capital is now fully in use and will be moved from work in progress and now depreciation happens, that same prompt should either initiate the deferred or we create a prompt for the revenue side once. Every time we run the depreciation, the revenue amortization takes place too for all the capital assets which have a donation deferred amount