Learn about Redwood and be one of the first to join the conversation

Visit Redwood Community
Miscellaneous Transactions - Accruals — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Miscellaneous Transactions - Accruals

Accepted answer
1
Views
2
Comments
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?
Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!