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Miscellaneous Transactions - Accruals

in Project Management 2 comments

Summary:

This is the first time I have been testing the Accrual function when creating a misc transaction. I see that the reversal is created at the same time for the enterable period. I have a couple of questions and would appreciate it if anyone had any lessons learned they would like to share. It seems straightforward but want to make sure I am not missing anything. Thank you.

  1. Can this be accrued again if the invoice is not received or does a new Misc Trans need to be submitted?
  2. Does the reversal automatically post the next month? is this when the Projects Ledger or General Ledger is opened for the next month?
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