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