Accounting Event Details for Customer Accruals

For every accrual and claim, there is an accounting entry. This appendix explains the events and their corresponding accounting entries in detail.

For every accrual and claim, there is an accounting entry. This appendix explains the events and their corresponding accounting entries in detail.

Customer Accrual Event

Debit	Credit
Sales or Expense Account	Accrual Liability Account

Customer Claim Settlement Event

Debit	Credit
Claim Accrual Liability Account	Receivables Clearing Account

Accounting Rules for Customer Accruals and Customer Claim Settlements

Event Class Name	Journal Entry Description	Side
Customer Accrual	Sales or Expense	Debit
Customer Accrual	Accrual Liability	Credit
Customer Claim Settlement by Credit Memo	Claim Accrual Liability	Debit
Customer Claim Settlement by Credit Memo	Receivables Clearing	Credit
Customer Claim Settlement by Credit Memo	Exchange Gain and Loss for Customer Claim	Credit
Customer Claim Settlement by Extensible Payables	Claim Accrual Liability for Payables Extensible Settlement	Debit
Customer Claim Settlement by Extensible Payables	Payables Clearing for Extensible Customer Claim	Credit
Customer Claim Settlement by Extensible Payables	Exchange Gain or Loss for Payables Extensible Customer Claim	Credit
Customer Claim Settlement by Extensible Receivables	Claim Accrual Liability for Receivables Extensible Settlement	Debit
Customer Claim Settlement by Extensible Receivables	Receivables Clearing for Extensible Customer Claim	Credit
Customer Claim Settlement by Extensible Receivables	Exchange Gain or Loss for Receivables Extensible Customer Claim	Credit