Accrual Reversal
The following actions trigger reversal of accruals:
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Generating a rebate settlement
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Modifying an invoice, cash sale, or item receipts
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Modifying stand-alone returns and refund transactions, which include return authorizations, cash refunds, and credit memos
An accrual record for a sales transaction shows a reversal journal entry with a negative value. The reversal entry is added after a rebate settlement is generated.
In contrast, accrual records for stand-alone return and refund transactions show a negative amount in the accrual journal entry, then a positive amount for the reversal journal entry.
Accrual reversals are shown in the Accruals subtab of the rebate agreement along with the related accrual journal entries and accrual details.