Period End Accrual

The accrual entries are reversed at the beginning of the next period.

The following scenario requires some special handling and only applies if all three criteria are met:

• You use period end accrual and have Budgetary Control enabled for the period end accrual journal entries.

• You are carrying forward purchase order obligations in Budgetary Control to a new year.

• You have purchase orders that you are carrying forward where the quantity delivered is greater than the quantity billed. If all of the purchase orders that you are carrying forward have quantity delivered equal to or less than quantity billed, and there is nothing to accrue, then these special handling don't apply.
  • Other Obligation Balances Single Accounting Year Control Budgets
  • Other Obligation Balances Cross Accounting Year Control Budgets

For more instructions on the special handling needed for this scenario refer to the Period End Accrual section of the Budgetary Control and Encumbrance Accounting Implementation Guide.