Create Flagging Accruals at the Invoice Line Level

To identify an accrual invoice within a regular control group:

1.

Type the accrual indicator in the EXP field on the Invoice Worksheet (IWS-1T) screen to identify the invoice as an accrual. This three-digit code indicates that the invoice is an accrual.

2.

 Proceed with the steps for entering invoices. 

Note: In addition to the "accrual indicator", the accounting distribution must be entered for each invoice.

 

Warning: For invoices with accrued tax liability, where you enter a negative line to the 211940 liability account, do not flag this liability line with the EXP field accrual indicator.

 

Details

This resource is related to: