Usage Scenarios

The Purchase Accruals app provides a report which creates a reversing journal for accrual of GL Account lines on purchase orders that have been received and not invoiced.

Purchase Accruals Report

To run the report search for Purchase Accruals.

Complete the Request page filters:

Option	Description
Batch Name	Use the drilldown to select a General journal batch for the accrual journal to be created
Posting Date	Enter the posting date for the journal. It will be revered on the next day
Balancing Account	Enter the balance account for the journal
Include Dimensions	use the assist edit to select the dimensions you want included

Click OK.
If the batch you selected on the request page has entries you will be prompted with the following:

Select Yes to clear the exsiting lines and create the new journal, or No to exit the process so you can go and post the existing batch.

The journal batch will open:

The External Document no. will be the Purchase Order No., and there will be one line for the accrual for the period end date you selected (the balance account will be the balancing account you selected on the Request page) and one line for the reversal. If you selected to create the journal with dimensions these will be included for the dimensions you chose.