Accruing of revenues – calculation and approval process
Tool for calculation and processing of accruals is used in companies where legislative requirements demand that an issued invoice must first be charged to accrual accounts and dissolved in the following periods.
The first step is a check of accruals where the accountant checks what amounts will be charged by the system on the grounds of accruing, how much has already been accrued, etc.
This allows for manual addition or deletion of certain items.
The next step is the accounting of accruals into revenues. The accountant selects the period in the home screen; the accounting may be limited to specific business cases.