Accrual Processes

An accrual allows an entity to record expenses and revenues for which it expects to expend cash or receive cash, respectively, in a future reporting period. Following are the accrual processes to implement accrual in the application:

• Account's Eligibility Check for Accrual

• Accrual Calculation

• Accrual Creation

• Accrual Reversal

Parent Topic: Accrual