If an estimated accrual amount exists for an accrual plan, you can create an accrual plan schedule based on the existing data.
The following steps describe how to create accrual plan schedules for a customer rebate. The same procedure applies to vendor rebates and sales commissions. For simplicity, only a customer rebate is described in detail.
Steps
On the Customer Rebate/Promo Card, on the Home tab, in the Process group, choose Accrual Schedule.
If no fixed schedule can be created, enter the information manually line by line:
Field | Description |
|---|---|
No. | Filled in 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.
On the page that appears, fill in the following fields:
Field | Description |
|---|---|
Starting Accrual Date | The 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. |
Choose OK. The scheduled accrual lines are created automatically.