Overview of Accrual Reversal

Use the Create Accrual Reversal Accounting process in the Scheduled Processes work area to reverse accrual journal entries. You can schedule this process to run automatically at predefined intervals, or run it on demand.

You can define how and when accrual reversals are automatically performed by:

• Indicating that an accounting event is eligible for accrual reversal.

• Determining when the accrual is reversed.

• Scheduling the Create Accrual Reversal Accounting process to generate the reversal entries.

For more information on accrual reversal, prerequisites, and step-by-step instructions, see the links in the Related Topics section.