Copying an Accrual Type
Instead of creating an accrual type from scratch, you can create a new accrual type using an existing accrual type. This is possible through copying an accrual type. On copying an accrual type, the details including the algorithms, objects to exclude, divisions, and characteristics are copied to the new accrual type. You can then edit the details, if required.
Prerequisites
To copy an accrual type, you should have:
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Accrual type (whose copy you want to create) defined in the application
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Accrual type business object defined in the application.
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Accrual business object defined in the application.
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Adjustment types defined in the application (where the Print by Default and Influence Next Bill Balance check box is not selected).
Procedure
To copy an accrual type:
- Search for the accrual type in the Accrual Type screen.
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In the Search Results section, click
the link in the Accrual Type Information column
corresponding to the accrual type whose copy you want to create.
The Accrual Type screen appears.
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Click the Duplicate button in the Accrual Type zone.
The Accrual Type screen appears. It contains the following sections:
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Main – Used to specify basic details about the accrual type.
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Algorithms – Used to associate algorithms with the accrual type.
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Objects to Exclude – Used to specify the entities that you want to exclude while accrual calculation.
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Divisions – Used to specify the divisions to which the accrual type can be associated.
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Characteristics – Used to define a list of characteristics for the accrual type.
The Main section contains the following fields:
Field Name Field Description Mandatory (Yes or No) Accrual Type Used to specify the accrual type. Yes Description Used to specify the description for the accrual type. Yes Accrual Object Used to indicate the type of accrual object that you want to create while posting the accrual details. The valid values are: -
Adjustment
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Custom
Note:At present, you can only create adjustments to record the accruals for the accounts in the application.
Yes Adjustment Type Used to indicate the adjustment type using which the adjustment must be created while posting the accrual details.. Note:The Search (
) icon appears corresponding to the Adjustment Type field. On clicking the Search icon, the Adjustment Type Search window appears.
On specifying the adjustment type, the description of the adjustment type appears corresponding to the Adjustment Type field.
The Adjustment Type field appears only when you select the Adjustment option from the Accrual Object field.
No Accrual Criteria Used to indicate the bill criteria using which you want to calculate the accrual. The valid values are: -
Actual - Used to indicate whether you want to calculate accruals based on the actual bill data.
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Historical - Used to indicate whether you want to calculate accruals based on the historical bill data.
Yes Accrual Source Used to indicate the source of data that you want to use for calculating the accruals that are based on the actual data. The valid values are: -
Transaction Feed
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Trial Bill
Note: This field appears only when you select the Actual option from the Accrual Criteria field.Yes (Conditional) Note: This field is required for calculating accruals using the actual data.Historical Bill Count Used to specify the number of historical bills that you want to consider for calculating the accrual. Note: This field appears only when you select the Historical option from the Accrual Criteria field.Yes (Conditional) Note: This field is required for calculating accruals using the historical data.Accrual Request Business Object Used to indicate the business object using which you want to create the accrual request. Note:The Search (
) icon appears corresponding to this field. On clicking the Search icon, the Business Object Search window appears.
On specifying the business object, the description of the business object appears corresponding to the Accrual Request Business Object field.
Yes Approval Required Used to indicate whether approval is required for the accruals which are created using the accrual type. No Approval Profile Used to indicate the approval profile which you want to use for approving the accruals which are created using the accrual type. Note: This field appears only when the Approval Required check box is selected.Yes (Conditional) Note: This field is required for approving the accruals.Hierarchical Approval Used to indicate whether multi-level or single-level approval is required for the accruals which are created using the accrual type. Note: This field appears only when the Approval Required check box is selected.Yes (Conditional) Note: This field is required for specifying the hierarchy using which you want to approve the accruals.Submitter To Do Type Used to indicate the To Do task assigned to the To Do type for the approver who can resubmitting the accrual for approval Note:The Search (
) icon appears corresponding to this field. On clicking the Search icon, the To Do Type Search window appears.
On specifying the submitter To Do type, the description of the submitter To Do type appears corresponding to the Submitter To Do Type field.
The Submitter To Do Type field appears only when the Approval Required check box is selected.
Yes (Conditional) Note: This field is required for approving the accruals.Submitter To Do Role Used to indicate the To Do role of the approver who can resubmit the accrual for approval. Note: This field appears only when the Approval Required check box is selected.Yes (Conditional) Note: This field is required for approving the accruals.Type of Day Used to indicate the type of day for which you want to calculate the accrual amount. -
Business Day
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Calendar Day
Note:If the Business Day option is selected, the system calculates the accrual amount using the following formula:
Accrual amount = (Sum of resulting bill amount / Total number of business days from previous bills) * Number of business days for the current billing cycle.
If the Calendar Day option is selected, the system calculates the accrual amount using the following formula:
Accrual amount = (Sum of bill amount / Total number of calendar days of previous bills) * Number of calendar days for the current billing cycle.
Yes Posting Method Used to indicate the level at which you want to calculate the accruals. The valid values are: -
Bill Level - Used to indicate that the accrual is created to calculate the bill segments and adjustments of bills at the bill level.
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Bill Distribution Code Level - Used to indicate that the accrual is created to calculate the bill segments and adjustments of bills at the distribution code level.
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Price Item Level - Used to indicate that the accrual is created to calculate the bill segments and adjustments of bills at the price item level.
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Price Item Distribution Code Level - Used to indicate that the accrual is created to calculate the bill segments of a particular price item at the distribution code level.
Yes Proration Required Used to indicate whether you want to prorate the accrual amount for the trail bills and historical bill segments for the recurring and non-recurring charges using different posting methods. It is calculated using the below formula: Expected accrual amount for each price item = (Sum of resulting bill segment amount / Total number of days) * Number of days in the accrual cycle
Note: This field appears in the following scenarios:-
When the Actual and the Trial Bill options are selected from the Accrual Criteria and the Accrual Source fields respectively.
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When the Historical option is selected from the Accrual Criteria field.
No Calculation Lines Required Used to indicate whether you want to view the bill segments and adjustments which are used for calculating the accrual amount. Note:You can view the accrual calculation lines in the Accrual screen only when the following conditions are satisfied:-
Accrual is created using the batch process and not manually from the user interface.
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Accrual is created using an accrual type with either of the following combinations:
Accrual Criteria Accrual Source Posting Method Historical - Bill Level Historical - Bill Segment Level Actual Trial Bill Bill Level Actual Trial Bill Bill Segment Level -
When the Do you want to insert detail level calculation? parameter in the Accrual Calculation (C1_ACCR_CAL) algorithm is set to Y.
The Calculation Lines Required check box is by default selected and cannot be unchecked if you select the Bill Distribution Code Level or the Price Item Distribution Code Level option from the Posting Method field.
No Price Item Accrual Criteria Required Used to indicate whether accrual criteria is required for calculating accrual at the price item level. No Cancel Reason Used to indicate the cancel reason that you want to use while reversing the accrual. The valid values are: -
Broken Payment Arrangement
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Credit Note
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Enter
Note: The list includes only those values which are specified in the ACCR_CAN_RSN_CD lookup field.No Contract Type Used to indicate the contract type whose contract exists on the accounts. Note: The Search () icon appears corresponding to this field. On clicking the Search icon, the Contract Type Search window appears where you can select the required contract type.
Yes Applicable for Account Used to indicate whether the Accrual Type is used to calculate accruals at the account level. Note: If you do not select the Applicable for Account check box, the system will consider the accrual type to calculate accruals at the division level.Yes (Conditional) Note: This field is required for indicating the accrual type can be associated to an account and not the division for calculating accruals. -
- Enter the required details in the Main section.
- Associate or disassociate algorithms from the accrual type.
- Add, edit, or remove the excluded entities from the accrual type.
- Associate or disassociate divisions from the accrual type.
- Define, edit, or remove characteristics from the accrual type.
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Click Save.
The new accrual type is defined.
Related Topics
For more information on... | See... |
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How to search for an accrual type | Searching for an Accrual Type |
Accrual Type screen | Accrual Type (Used for Searching) |
Accrual Type screen | Accrual Type (Used for Viewing) |
Accrual Type zone | Accrual Type |
How to associate an algorithm with an accrual type | Associating an Algorithm with an Accrual Type |
How to exclude an entity from an accrual type | Excluding an Entity from an Accrual Type |
How to associate a division with an accrual type | Associating a Division with an Accrual Type |
How to define a characteristic for an accrual type | Defining a Characteristic for an Accrual Type |