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RBNI Accrual Scheduled Process - CIP Accruals

in Project Management

Summary:

Hi,

Currently when we run the period end accrual for RBNI items, the system creates an entry that debits the project CIP account (001.000.0000.18201.000.0000.0000), and credits RBNI (001.000.0000.20401.000.0000.0000).

We need to keep the job that posts the other RBNI accruals (including G&S and inventory), however the CIP RBNI accrual is duplicative, as the capital team already captures RBNI items in their capital accrual. The result is the capital team has to manually reverse the RBNI accrual that is posted to CIP each month. This creates a lot of confusion as 18201 is a control account, so the accrual cannot be offset directly.

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