How to: Create Accrual Plan Schedules
If an estimated accrual amount exists for an accrual plan, you can create an accrual plan schedule on the basis of the existing data.
The following steps describe how to create accrual plan schedules for a customer rebate. The same procedure can be followed for vendor rebates and sales commissions, but for simplicity only a customer rebate is described in detail.
To create an accrual plan schedule
- On the Customer Rebate/Promo Card, on the Home Tab, in the Process group, choose Accrual Schedule.
- If no fixed schedule can be created, manually enter the information line by line.
| Field | Description |
|---|---|
| No. | Filled automatically, but can be changed. |
| Scheduled Date | The date on which the accrual should be posted |
| Amount | The accrual amount for the specified date |
If a fixed schedule can be created, on the Home tab, in the Process group, choose Create.
A new page appears in which the following information must be entered:
| Field | Description |
|---|---|
| Starting Accrual DateThe starting date of the scheduled accrual posting | |
| Accrual Interval | The date-interval between the scheduled accrual postings |
| No. of Accruals | The number of scheduled accruals to be posted |
| Accrual Amount | The amount per scheduled accrual posting |
- Press OK. The scheduled accrual lines are created automatically.