An accounting entry will be created for all the running deferred revenue plans for the selected month. An entry can be created with this wizard if the schedule missed the creation of the entry, or if you want to create an advance entry or a provisional income entry before closing the financial year. On successful creation of the entry, you will be redirected to a list of entries created based on the selected date:
To do the bulk posting, select all those entries and run the wizard from Action to Post Journal Entries.