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.
This scope item is designed for customers who have the business needs for period-end closing to post purchase order accruals. It is marked as non-standard scope item to provide activation options for the customer. A number of configuration settings provide you the possibility to tailor the functions to the individual requirements.
In Financial Accounting, you can also post purchase order accruals with the Manage Recurring Journal Entries application. In contrast to manual accrual postings, the functions in Purchase Order Accruals offer you the following benefits:
Automating the purchase order accruals processes by the integration with the Procurement solution in SAP S/4HANA Cloud
Automating the accrual calculation, posting/reverse, utilization, and release based on purchase order information and the document chain
Get availability for a review process where you can review the accrual amounts proposed by the system before posting them.
This Scope item is used in the following way: