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Former Member

Balance carry Forward for accrual engine and financial accounting

Hi Team,

We are using accrual engine for recognizing the accruals/deferrals. As part of year end activities, we need to carry forward the balance for accrual engine and for GL,AP,AR.  My doubt is what we have to do first.Balance carry forward of accrual engine or balance carry forward of GL,AP and AR.

Please suggest me.

Thanks And Regards

Gayathri

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    Former Member
    Jan 12, 2015 at 04:03 PM

    Hello,

    The carry forward for the accrual engine has nothing to do with the carry forward for G/L (or AP/AR) so there is little to worry about the one that has to be executed first but anyway, as the accrual engine can be seen as a kind of sub ledger, I suggest to do accrual engine first, G/L second.

    Regards

    Th.

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    • Former Member

      Hi Thomas,

      Thanks for your valuable reply.I have done the carry forward of accrual engine and then finanial accounting.

      Regards

      Gayathri