Standard expenses are of two types:

• Current standard expenses

• Deferrals

This register contains the results of norm calculations for the future period. The future norm is adjusted to an expense above current period norm, and upon obtaining an amount, forms a deferred expense.

1. Click General ledger> Setup> Profit tax> Registers.

2. Press CTRL+N to create a new line.

3. In the Register typefield, select Standard expenses rate for deferred periods.

4. In the Register codefield, enter an identification code for the register.

5. In the Register namefield, enter a name for the register.

6. In the Period typefield, select the type of time period for which the register is created.

7. Click the Hidetab, and move any fields that you want to hide in the register from Available fieldsto Selected fields.

8. In Selected fields, select the check box for the register fields to be hidden.

9. Click General ledger> Setup> Profit tax> Register parametersto set up any additional parameters for the register.

10. In the Register namefield, select Standard expenses rate for deferred periods.

11. In the Parameter namefield, select the parameter.

12. In the Valuefield, select a calculation sequence. If you specify more than one value, separate the values with commas.

13. Click Specificto open the Standard expenses sequenceform to set up revenue or expense calculation sequences.

14. Press CTRL+S or close the form.