SAP B1 blog

A set of terms used to show the differences between cost accounting and general ledger.

In SAP Business One, an accrual type is a method of defining how financial transactions are accrued on the balance sheet. Accrual types are used to determine when a transaction is included on the balance sheet based on whether it occurred in the current fiscal year or in a future fiscal year.

There are several types of accrual types in SAP Business One, including:

• "Split by time": With this type of accrual, transactions that are carried out over several fiscal years are distributed proportionately to the fiscal years concerned.
• "Early Accrual": With this type of accrual, transactions are accrued in the fiscal year in which they occur, even if they relate to future periods.
• "Late deferral": This type of deferral defers transactions in the fiscal year in which they affect, even if they were carried out in an earlier fiscal year.

Choosing the right accrual type depends on the type of transaction and the fiscal year period. In SAP Business One, the accrual type can be defined for each financial transaction.

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