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Posting to Rental Objctsin Accrual/Deferral Run RERAALCN

Nov 23, 2016 at 05:34 AM

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Hi,

I am having an issue while posting RERAALCN , while doing periodic postings in RERAPP in case of lease out my all of my basic rental is being charged to deferred revenue and through transfer posting cash flows gets transferred from Contract to Rental Object which is correct. While posting accrual/deferral run for the deferred revenue booked earlier , realized revenue is not getting transferred to Rental object, it is staying at Contract Level as shown in the attached picture, Aiming for cost/revenue booking at Rental object level in report REISCOCSTACT, I am not getting desired results, please advise appropriate solution to it.

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8 Answers

Franz Posch
Nov 23, 2016 at 03:20 PM
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Hi Atif,

the accruals are calculated and posted for the cashflow items in the partner and/or object cashflow.

So if you are missing accruals on rental object level for previous periods then please check the object cashflow in the contract if there are cashflow items in the object cashflow for these periods.

Hope this helps.

Best regards,

Franz

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Atif Farooq Nov 24, 2016 at 09:39 AM
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Hello Franz,

Yes object cash flows are appearing , please see attached screen shot. Can you please elaborate on the process of posting cash flows arising from Accrual/Deferral run RERAALCN on Rental object. From RERAPP posting the deferred cash flows already got transferred to Rental object from Contract through transfer posting. I am not sure what I am missing for RERAALCN posting to rental object.


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Franz Posch
Nov 25, 2016 at 02:51 PM
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Hello Atif,



there are transactions that you can use to analyze the accruals.


REISACRITEM Accrual/Deferral Records

REEXACRSHOW Display of Accruals from Real Estate


Please check the accrual items if there were accrual items generated for the transfer postings at all.


Best regards,


Franz

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Atif Farooq Nov 28, 2016 at 06:01 AM
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Hello Franz,

I do not see accrual for transfer posting in REEXACRSHOW t code, may be I am missing something in configuration. please guide

Thanks

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Atif Farooq Dec 04, 2016 at 10:36 AM
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Hello Franz,

Can you please share your thoughts on above.

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Dear Atif,

The flow of accounting entry should be like this:

3 months rent value - 30000 AED

With RERAPP the posting should be :

Customer Dr. -------------------- 30000

Rent Revenue --------------------------- 30000

When at month end, you execute RERAALCN (deferral posting), system passes two accounting entry

1st Entry

Rent Revenue ----- 30000

Accrued Revenue (B/S account) ----- 30000

2nd Entry

Accrued Revenue ---- 10000

Rent Revenue --------- 10000

If this is not happening for your contracts, I am worried.

Regards,

Amarendar Kumar

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Franz Posch
Dec 14, 2016 at 04:37 PM
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Hello Atif,

as you cannot see any accruals for the cash flow entries of the object cashflow I would like to ask you to check the customizing settings for the flow types that are used in the object cash flow.

Please assure that accrual types are maintained for the flow types of the object cashflow that should be accrued.


Hope this helps.


Best regards,


Franz

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Atif Farooq Feb 01, 2017 at 07:35 AM
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Hello Franz,

Still I could not figure out problem, can you guide me on another issue, when using SLM method for accrual & deferral, immediately after periodic posting I want to see planned accruals to be posted in RERAALCN . Which table I can see in or any new program to see that, I could not find any table or program to simulate future accruals/deferrals to be recognized as revenue.

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Franz Posch
Feb 22, 2017 at 06:49 AM
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Hello Atif,


could you please open a new question for the another issue you are describing here.


Thank you.


Best regards,


Franz

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