The
Manual Accruals
component enables you to calculate and post accruals in
General Ledger Accounting
automatically.
You enter the data once for a business transaction that you have to accrue. On the basis of this data, the system calculates the amounts to be accrued. You can also simulate these amounts. In each period, you can start an accrual run, which posts all accruals for the various business transactions.
The functions in
Manual Accruals
support the use of
parallel valuation methods
. This means that you can calculate and post accruals according to different accounting principles simultaneously.
The
Manual Accruals
component is based on the
Accrual Engine
tool. The transactions to be accrued are managed in
Manual Accruals
. The processes for calculating and posting accruals, on the other hand, are managed in the
Accrual Engine
. For more details, see
Manual Accruals and the Accrual Engine
.
Before you can use the functions in
Manual Accruals
, you have to make extensive Customizing settings. For example, you have to define the accounting principles according to which you want to accrue your business transactions and define the calculation rules according to which you want to calculate the amounts to be accrued. For automatic posting of accruals, you have to define the account determination.
A number of Customizing settings also allow you to tailor the functions to your individual requirements. For example, you can add custom fields (parameters) to the functions.
These settings are in Customizing for
Financial Accounting
under
In
Financial Accounting
you can also post accruals with the
recurring entries
function. In contrast to recurring entries, the functions in
Manual Accruals
offer you the following benefits:
You only have to enter accrual transactions once, after which they are calculated and posted automatically
Greater flexibility, meaning that the calculated accrual amounts can vary
Depiction of complex calculation rules
You can use the following functions for calculating and posting accruals:
To enter the data for a business transaction that you want to accrue, you first have to create an accrual object. An accrual object contains all data that the system requires to calculate and post accruals for this business transaction.
The functions for creating and changing an accrual object are the central functions of this component. This is where accrual processes are managed and controlled.
In a periodic accrual run, the accrual postings are made for the posting period. You can reverse a complete accrual run after it has been carried out.
Displaying Totals Values and Line Items
Totals values and line items are stored for the accrual postings. You can display these.
For detailed information on the functions in the
Manual Accruals
component, see
from the
SAP Easy Access
screen.