Accruals at Month end vs Accruals at receipt process
Summary:
What is the process sequence difference between Accruals at month end to Accruals at Receipt
Content (please ensure you mask any confidential information):
Hello
currently we use to manager Accrual at month end. Our client want to change that to Accrual at receipt. I trying to find out the process difference to document that change
For Accrual at month end we run the following processes sequence:
1- Transfer Transactions from Receiving to Costing - This process transfers receipt information to Receipt Accounting.
2- Transfer Costs to Cost Management - This process transfers invoice information to Receipt Accounting.
3- Create Uninvoiced Receipt Accruals: The corresponding distributions are created.
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