Odoo Accounting software handles deferrals by spreading revenue or expenses across future periods automatically. When you create an invoice with a deferred revenue checkbox, Odoo posts the initial amount to a liability account, then schedules monthly recognition entries over the specified period. Odoo Accounting features include options for “Months” or “Days” calculation methods, plus the ability to consolidate past entries into the first open period if prior months are locked. For Odoo Accounting GST, deferral entries maintain proper tax handling. The system posts these entries daily, ensuring your P&L reflects revenue only when earned.