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Accrual objects

Former Member
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Hi,

Why do you need to define Accrual Object and what are they?

Pls. explain in simple yet detailed manner.

I have searched the forum and not found the answer yet.

Thanks,

Maya

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Answers (1)

Answers (1)

sridevi_p
Active Contributor
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Hi,

Generally the operating cost allocation will be different between FI and CO. E.g. all the expenses incurred for the year will be summed up and put in FI, but in CO, it has been apportioned in the current month, To avoid this irregularities, costs are distributed in the month they originated and such cost allocated in this manner is called accrued costs. Accurua l object can be - say a cost center or IO.

thanks,

Sridevi

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