Adding a Schedule Period in an Accrual Cycle

Prerequisites

To add a schedule period in an accrual cycle, you should have:

  • Accrual cycles (in which you want to add a schedule period) defined in the application

Procedure

To add a schedule period in an accrual cycle:

  1. Ensure that the Schedule Periods section is expanded when you are defining or editing an accrual cycle.

    The Schedule Periods section contains the following fields in a grid:

    Field Name Field Description Mandatory (Yes or No)
    Accrual Date Used to specify the date from when the accrual creation process for an applicable account is initiated. Yes
    Reversal Start Date Used to specify the date from when the accrual reversal process starts.
    Note:

    The Reversal Start Date must be later than the Accrual Date.

    The Reversal Start Date cannot be later than the Reversal End Date.

    Yes
    Reversal End Date Used to specify the date till when the accrual reversal process ends.
    Note: The Reversal End Date cannot be earlier than the Reversal Start Date.
    Yes
  2. Enter the required details in the Schedule Periods section.
  3. If you want to add more than one schedule period in an accrual cycle, click the Add (The Add Icon) icon and then repeat step 2.
    Note: However, if you want to remove a schedule period from an accrual cycle, click the Delete (The Delete Icon) icon corresponding to the Accrual Date field.
  4. Click Save.
    The schedule period is added in the accrual cycle.

Related Topics

For more information on... See...
How to define an accrual cycle Defining an Accrual Cycle
How to edit an accrual cycle Editing an Accrual Cycle