Some of the costs associated with a particular accrual plan may involve vendor services. For example, you might hire a printer to produce collateral for a marketing promotion.
Assign additional costs to an accrual plan in the form of accrual charges. Use accrual charges to calculate an accrual plan's estimated accrual amount, which in turn can be used to create an accrual plan schedule.
Accrued amounts must be distributed to one or more payment accounts, either according to a payment schedule or via a manual distribution. You can also enter a specific accrual plan on a purchase document line. This lets you post purchase invoice amounts to a related accrual plan.
For example, you enter an accrual charge for marketing collateral of $500. If an accrual plan schedule is created for the accrual plan, this charge amount is factored into the accrual schedule. After all the scheduled accruals are posted, the full amount of $500 has been accrued. When you receive an invoice from the printer for $500, you can tie the purchase invoice line to the relevant accrual plan. Posting the purchase invoice posts a payment of $500 to the accrual plan, balancing out the accrual amount.
Note
Purchase lines do not have to be posted to an accrual plan in response to defined accrual charges. A purchase line can be created for Anywhere Mobility Solutions existing accrual plan, regardless of whether accrual charges have been assigned.