Skip to main content

Schedules Overview

Schedules automate the journal entries you would otherwise post by hand every period. Fiskl builds the full plan up front, shows you every future entry before anything posts, and then posts each one on its due date.

Why Use Schedules​

Adjusting entries such as depreciation, amortisation, and revenue recognition follow the same rhythm every period. Posting them manually is repetitive and easy to forget. A schedule sets the pattern once, then keeps your ledger accurate without further effort.

Every schedule shares the same lifecycle:

  • Plan up front — you see each entry's date and amount before it posts.
  • Automatic posting — a background process posts each entry as a journal on its due date.
  • Full control — pause, resume, cancel, or edit at any time without disturbing entries that have already posted.

Key Concepts​

Understanding these terms helps you choose the right schedule:

  • Spreading schedule: Takes one starting balance and moves it across periods until the balance reaches zero. Fixed assets, prepayments, and deferred revenue all work this way.
  • Recurring schedule: Posts the same fixed amount each period, with no balance to run down. Recurring entries work this way.
  • Posting frequency: How often an entry posts — weekly, monthly, quarterly, or yearly.
  • Pending and Posted: An entry shows as Pending until its due date, then Posted once Fiskl records the journal.

The Four Schedule Types​

Fiskl offers four schedule types, grouped by what they do:

  • Fixed Assets — spread the cost of an asset over its useful life through depreciation.
  • Prepayments — spread a cost you have paid in advance over the periods it covers. Also known as prepaid expenses.
  • Deferred Revenue — recognise income received in advance over the periods you earn it. Also known as revenue recognition.
  • Recurring Entries — post the same fixed journal every period, such as rent or a retainer.

The first three spread a balance; the last repeats a fixed amount. Choose a recurring entry when the amount is the same each time and there is no balance to run down.

Available Guides​