I was just wondering if there is any way the automatic reversals in the accruals option can be switched off?
For instance say you want to post an accountancy fee accrual for £1000 for 12 months (April to March) but you don’t actually receive the invoice until say June (after the year end accounts have been finalised) the reversal will have already taken place in March but there would be no invoice to counteract the reversal and when the invoice is entered in June there would be no accrual reversal to counteract the invoice, so the management figures for March & June will be incorrect. I know you can correct this by reversing the March reversal and then doing the reversal again in June but it's so fiddly! It would be much easier to be able to choose when to do the reversal i.e the same month the invoice is input.
Hope this makes sense!
Accruals Reversal
- brucedenney
- Site Admin
- Posts: 4633
- Joined: 28 Feb 2006, 09:56
- Sage Version: v28 UK/Europe/Africa
Re: Accruals Reversal
There is no way to do that.
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