SA Non-Accrual Accounting Balance
Only relevant if you practice non-accrual accounting. This transaction is only relevant if you practice non-accrual accounting (e.g., you only pay the taxing authorities when the customer pays you, you defer revenue recognition till a later date, or a combination of the two). Refer to Payables Cash Accounting and Deferred Accrual Accounting for more information about non-accrual accounting.
This page displays a grid that shows a service agreement's non-accrual accounting balance for each non-accrual holding distribution code that's been booked to. Use to open this page.
Description of Page
The following columns are displayed in the grid:
Holding Distribution Code This is a general ledger distribution code used as the holding account for non-accrual accounting. Each holding account that's been used by this service agreement will appear here.
Payable Distribution Code This is the general ledger distribution code to which the payable is (or will be) transferred when the cash event occurs or when the designated revenue recognition date elapses. The system supports revenue recognition on the bill due date.
For more information on how the distribution codes are set up, refer to Setting Up Distribution Codes.
Payoff Balance This column shows the service agreement's balance for each non-accrual holding account. If this amount is non-zero, it indicates that for this service agreement we are still holding some payables back until payment is received by the customer, at which time some or all of this amount will be transferred to the payable distribution code.
Accounting Method This column shows which accounting method is used for the distribution.
Accounting Priority This column shows the priority level associated with the distribution code. If more than one distribution code is to receive a payable then the priority level, along with debt age, will determine the order in which the transfers are made.
For information about non-accrual accounting, refer to Payables Cash Accounting and Deferred Accrual Accounting.