Contents of an Accrual Record

An accrual record shows the accrual amount with other information related to the rebate transaction.

The link under the Document Number column lets you view the accrual journal entry for the transaction.

The table below describes the fields in the accrual record:

Field	Description
Primary Information
Agreement Name	This field shows the rebate agreement used to create the accrual journal entries.
Accrual Amount	This field shows the total rebate amount accrued based on transactions.
Accrual ID	This field shows the auto-generated ID of this record.
Payment Type: Transaction Type	This field indicates whether the accruals is for receiving or paying rebates.
Subsidiary	This field shows the subsidiary associated to this accrual. The subsidiary comes from the rebate agreement.
Accrual Generation Criteria
Accrual Date	This field shows the date used for the accrual journal entry. By default, it uses the current date.
Accrual Period	Accounting period that covers the accrual date.
Accrual Receivable (Debit) Account	When you receive rebates, this account is debited when you accrue the rebate amount. When you reverse the journal entry, this account is credited. This field comes from the Rebate Preferences record.
Accrual Expense (Credit) Account	When you receive rebates, this account is credited when you accrue the rebate amount. When you reverse the journal entry, this account is debited. This field comes from the Rebate Preferences record.
Accrual Payable (Credit) Account	When you pay rebates, this account is credited when you accrue the rebate amount. When you reverse the journal entry, this account is debited. This field comes from the Rebate Preferences record.
Accrual Expense (Debit) Account	When you pay rebates, this account is debited when you accrue the rebate amount. When you reverse the journal entry, this account is credited. This field comes from the Rebate Preferences record.

Field

Description

Primary Information

Agreement Name

This field shows the rebate agreement used to create the accrual journal entries.

Accrual Amount

This field shows the total rebate amount accrued based on transactions.

Accrual ID

This field shows the auto-generated ID of this record.

Payment Type: Transaction Type

This field indicates whether the accruals is for receiving or paying rebates.

Subsidiary

This field shows the subsidiary associated to this accrual. The subsidiary comes from the rebate agreement.

Accrual Generation Criteria

Accrual Date

This field shows the date used for the accrual journal entry. By default, it uses the current date.

Accrual Period

Accounting period that covers the accrual date.

Accrual Receivable (Debit) Account

When you receive rebates, this account is debited when you accrue the rebate amount. When you reverse the journal entry, this account is credited.

This field comes from the Rebate Preferences record.

Accrual Expense (Credit) Account

When you receive rebates, this account is credited when you accrue the rebate amount. When you reverse the journal entry, this account is debited.

This field comes from the Rebate Preferences record.

Accrual Payable (Credit) Account

When you pay rebates, this account is credited when you accrue the rebate amount. When you reverse the journal entry, this account is debited.

This field comes from the Rebate Preferences record.

Accrual Expense (Debit) Account

When you pay rebates, this account is debited when you accrue the rebate amount. When you reverse the journal entry, this account is credited.

This field comes from the Rebate Preferences record.

General Notices