on 01-06-2016 10:26 AM
Hi Team,
Can you please help to know whether Accrual /deferral transaction can be run for contracts on daily basis instead of monthly for some of the contracts .
Do we require any additional sap notes to be implemented for the requirement , We have activated EA-FIN business function for the RE-FX implementation.
Thank you
Sri
Hi Srivani,
Please help with the accounting entries that you are expecting with this set up. Since you said on a daily basis, two entries for two consecutive days will do.
Accrual/Deferral engine facilitate distribution of rent revenue monthly in cases where posting frequency is more than 1 month for rent conditions.
Regards
Amar
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Hi Amare,
Thank you for your reply.
For our client , we have some of the contracts with frequency daily , weekly. Current accrual/deferral run is setup to run monthly , we wanted to know whether we have the possibility to run RERACCLN transaction daily or weekly for some of the contracts .
Currently we are checking the possibility , need to check on the accounting entries.
Can you please let me know if any additional configuration changes are needed.
Thank you
Srivani
Hi Srivani,
I do not want to disappoint you, but this is not possible.
From my previous reply you missed two points:
1. Accrual/Deferral is done to distribute the rent revenue monthly, so that revenue get spread evenly during the entire period of the contract. This is based on the accounting principle of Accrual.
2. If you check the daily accounting entry of accrual and club it for the month, you will realize that it has made your accounting books lengthy for nothing.
Principally it is not desirable to have this solution and that's why SAP standard does not support daily deferral.
Regards,
Amar
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