AHCS: Multiperiod Accounting - How to Update the Transaction Objects
Summary:
We have configured Multiperiod Accounting in AHCS. The customer has the below requirements.
- Reduce the Number of Terms after the first few entries are created.
- Update (increments / reduce the Amount to be paid.
Content (please ensure you mask any confidential information):
The customer is using the AHCS Multi Period Accounting feature to amortize the Expenses equally over number of periods.
e.g. Rent Payment paid for total amount at beginning of the year (or) Licence or Subscription costs paid in single term but spread throughot teh year.
We have configured a custom AHCS application and used the MPA rules to splut the cost and created the recurring journals.
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