Let's Reconnect, thank you for making 2022 our best year yet.

Look Back
Deferred COGS account balance — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Deferred COGS account balance

Received Response
22
Views
7
Comments
edited Feb 19, 2021 5:54PM in Costing 7 comments

Summary

Growing amount in Deferred COGS account in Fusion

Content

We are experiencing growing value in our Deferred COGS account in Fusion. Can anyone please advise the cause of the increase amount each month and the processes to run in order to clear this account. 

We have tried running the following processes:

1. Recognize Revenue

2. Import Revenue Lines

3. Create Cost Accounting Distributions

But no change to the Deferred COGS account balance.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!