Best Practice scenario Purchase Order Accruals (2VB)

Purchase Order Accruals (2VB)

Accruals must be posted when liabilities are occurred to a third party and related costs are not yet posted. This solution supports the typical period-end closing activity - accruals postings with the reference to purchase orders. You can also choose to activate the deferrals solution in Purchase Order Accruals to let accruals and deferrals for a purchase order seamlessly work together with automation.

Based on the SAP S/4HANA accrual engine, this solution offers flexible configuration options for calculating and posting the purchase order accruals. It also provides the option to review the monthly accrual amounts and supports monitoring and the approval of accruals.

Key Process Steps Covered

Manage workflows for purchase order accruals review
Transfer purchase orders (optional)
Propose periodic accruals
My inbox – Review purchase order accruals
Review purchase order accruals for cost accountant
Post periodic accruals
Analyze accrual postings

Benefits

Get comprehensive automation of process chains for purchase order accruals
Reduce efforts in manual work

Where is Purchase Order Accruals(2VB) being used?

This Scope item is used in the following way:

As a support function of Accounting and Financial Close within Finance Scope Item Group

Process flow of Purchase Order Accruals (2VB)

Find below the process flow of the scope item Purchase Order Accruals as it is defined for release s4h-2021.

Download Process Flow of Best Practice scenario Purchase Order Accruals (2VB) - S/4HANA OP

Ref: Finance of SAP S4H-2021

Best Practices related to S/4HANA

Best Practices of SAP S/4HANA On Premise *1
Best Practices of SAP S/4HANA Cloud *2
Best Practices of SAP Analytics Cloud *2
Best Practices of Robotics Process Automation(RPA) with SAP Leonardo *2

*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.

Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered: