Calculate Accrual at the Bill Level Based on Historical Data

The accounts eligible for accrual have their accrual amount calculated at the bill level based on the historical data. The number of historical bills to be considered for accrual calculation is based on the value configured in the accrual type of the eligible account.

For example, if there are two historical bills, the system considers the last two completed bills for accrual calculation. The accrual amount is the average of the bill segments and frozen adjustments on the last two bills. If the option from the Type of Day field is set as Business Day, the system does not consider the weekends and holidays during the accrual calculation. However, if the option from the Type of Day field is set as Calendar Day, the system considers the weekends and holidays during the accrual calculation.