Multi Period Accounting
Hi - I couldn't see an area for Subledger accounting so have just put this here.
I have followed the white paper for setting up multi period accounting in Payables, so items such as rent can be entered in the initial period and the expense automatically released over subsequent periods. White paper is at the following link.
To derive the natural account segment for the expense combination each month, the white paper describes having a DFF on the invoice line with a value set that maps categories to account codes. E.g. If user picks 'Insurance' it goes to account 1000, 'Rent' goes to 1100 etc...
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