Let's Reconnect, thank you for making 2022 our best year yet.

Look Back
How to reduce figure in accrual account in TB as at a particular period. — 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

How to reduce figure in accrual account in TB as at a particular period.

Received Response
3
Views
2
Comments

Summary:$1m is showing in accrual account in TB as at Dec-21. Is it possible to reduce the figure as at Dec-21 now that we are in Apr-22.

We have identified some POs that we need to closed out. My understanding is receipt accounting process will pick up PO status = Open, closed for receiving and closed for invoicing. We have quite number of them that weren't closed properly which are still showing closed for receiving and closed for invoicing.

NB: Most of those POs (Closed for invoicing, closed for receiving) have been paid.

This is what i have in mind and i need an advice if it will work.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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