Created Accruals/Deferrals
Created Accruals/Deferrals
Here you will find data on already created accruals and deferrals including posts:
Create accruals and deferrals from posted received or issued invoice. Or from a post you manually entered in journal entry. It requires to be posted to an account defined as accrued revenues and deferred costs account in Document Types settings. From here on you can create accruals and deferrals. Set criteria in
Settings panel.
You can create accruals and deferrals for the total amount or only for partial amount of post. All created accruals and deferrals are displayed in Created Accruals/Deferrals. The above section displays header of document of individual accrued revenue and deferred cost, that is, post where accrual and deferral was created, the amount and interval.
Below you can see accruals and deferred costs used in posting. Post it by
automatically posting accrued revenue and deferred costs on date of transfer of post displayed here. Transfer post to the selected account from basic account where accrual and deferral was posted. You can change account at will (as long as you have not posted the line). Plus, you can change amounts appearing in transfer of posts. Having posted the line records journal entry and line number.
Data in the above section:
No.
|
Displays consecutive number of accrued revenue and deferred costs. |
Invoice
| Displays invoice number. |
Start Date
| Enter or select start date. |
| Line Count | Enter number of lines in accruals and deferrals. |
| Accrual/Deferral Count |
Displays number of created accruals and deferrals.
|
|
Frequency |
Type of Accrual and Deferral:
- Day: Set accrual and deferral on a daily basis (that is, individual accruals or costs follow each other on a daily basis)
- Week: Accruals and deferrals on a weekly basis
- Month: It is the most common setting, that is, accruals and defferals following each other on a monthly basis.
|
Interval
|
Displays opening interval. |
Status
| Displays accrual and deferral status:
- Open (That is, created accruals and deferrals have not been posted completely)
- Closed (Accruals and deferrals were posted)
|
Orig. Post
| Displays amount in original post from which you created accruals and deferrals. You can create them for the entire posted amount or onyl for a part of it. |
| Accrued/Deferred | Displays amount for which you created accrual and deferral. |
| Posted Accr./Def. |
Displays amount of posted accruals and deferrals.
|
|
Note |
Enter note to accruals and deferrals. |
Bottom section includes the following data:
Post Date
|
Set a date for use in automatically posting accruals and deferrals. |
Journal Entry No.
| Displays number of journal entry. |
Journal Entry Line
| Displays number of journal entry containing the posted line from which you created accruals and deferrals. |
| Journal Entry Line | Displays number of journal entry containing the posted line from which you created accruals and deferrals. |
| Amount Accrued/Deferred |
Displays amount ofindividual accrued revenue and deferred costs. |
Account
|
Enter or select an account to post accruals and deferrals. |
Linked Doc. No.
| Displays number of linked document where accruals and deferrals were posted. |
Linked Doc. Line
| Displays number of line of linked document where accruals and deferrals were posted. |