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How to: Set Up Accrual Accounting

To use accrual accounting, you must set up a periodic template posting group for the accrual parameters. You can then apply a periodic template code to a line in a general ledger journal, sales document, or purchase document. When the line is posted, it will automatically accrue.

To create a posting group for accrual accounting

  1. In the Search box, enter Periodic Templates, and then choose the related link.

  2. On the Actions tab, choose New.

  3. On the General FastTab, fill in the fields as described in the following table.

    Field Description

    Code

    Enter a unique alphanumeric code for this template.

    Description

    Enter a description of this template.

    No. of Periods

    Enter the number of periods across which the amount is to be distributed.

    Interval

    Enter a date formula to define the interval between accounting periods.

    Temp. G/L Acc.

    Enter the bridging account to which the amount should be posted.

  4. Choose the OK button.

See Also

Tasks

How to: Set Up Automatic Account Posting Groups

Concepts

Accrual Accounting
Automatic Account Codes
Sweden Local Functionality

Other Resources

About Posting Groups
How to: Fill In and Post General Journals
How to: Enter Dates and Times