Bookkeeping Data Creation Use Cases

← Setting Up Bookkeeping Management

JustOn Billing & Invoice Management allows for writing bookkeeping data for revenues and taxes from finalized invoices, for received or made payments from the corresponding balance records and for unbilled revenue from subscriptions. Depending on your business, the nature of your products and the governing tax laws, you may have to set up a dedicated strategy for producing bookkeeping data. JustOn Billing & Invoice Management provides a number of discrete settings whose combinations allow you to model your dedicated use case.

Bookkeeping data creation: Basic principles

Generally, JustOn Billing & Invoice Management adheres to the following principles when generating bookkeeping data:

• Postings are separated by statement (that is, invoices for revenue or expense bookings).
• Revenue postings are made with the debtor account (AR account) as the contra account.

• Expense postings are made with the creditor account (AP account) as the contra account.

  Offsetting expenses against earnings is expressly excluded ("prohibition of set-off" in accordance with § 246 (2) of the German Commercial Code).

• Cancellations are handled through general reversal.

Typical use cases include:

• Yearly Revenue Deferral
• Jährliche passive Rechnungsabgrenzung
• Monthly Revenue Deferral
• Monatliche passive Rechnungsabgrenzung
• Automatic Accounts and Revenue Deferral
• Automatikkonten und passive Rechnungsabgrenzung
• SaaS Revenue Bookings
• Buchung von SaaS-Umsätzen
• Margin Scheme-Based Bookings
• Buchung bei Differenzbesteuerung
• Creditor Bookings
• Kreditorenbuchung
• Best Practice: Generating Bookkeeping Data
• Bookkeeping Models Overview