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Former Member

accural/ defeeral docu

Dear all,

What is Accrual and Deferral docum , what is the use of it . what are the proceedure we have to do with that in cinfigeration'.

pl guide me.


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1 Answer

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    Former Member
    Sep 05, 2008 at 09:10 AM

    Dear Girija

    Accrual Doc refers to document containing expenses which is incurred but not paid.These expenses come as provision entries through JV Route.Eg. Job done bill not raised.These will not come to books through any other route other than JV Route.

    Deferrals refers to expenses which has been incurred but the benefit will come to certain future periods.Some portion of these expenditures can be postponed to future.e.g Prepaid Expenses.

    Both the above expenses come to books through JV Route(i.e-FBS1,F-02) etc.In config you need to create separate Doc Keys to identify these entries.These Doc generally reversed in the next period when it comes in actual.



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