Adjust Receipt Accrual Balances Journal Entries

Summary:

In EBS accrual balances could be adjusted using the Accrual Write-off functionality. Users could choose the accrual balances for a PO to write off and the result would be a journal entry with a debit or credit against the accrual account depending on the accrual balances for the PO.

The offset to the accrual adjustment could be one of two options depending on the destination type of the purchase order.

If the destination type was inventory/shop floor then the derived offset account was the exchange rate gain/loss account from the Financials Options configuration.

If the destination type was expense then the derived offset account was the PO distribution variance account which is usually the charge account on the PO.