Cost accounting accrual schemes (form) [AX 2012]
Updated: May 24, 2011
Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012
Click Cost accounting > Setup > Accrual schemes.
Use this form to create and manage accrual schemes.
When you create an accrual scheme, you make sure that an expense or income is posted in the period in which it occurs, regardless of whether the related payment has been made or received in that period.
Accrual schemes could apply to the following:
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Insurance
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Magazine and newsletter subscriptions
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House rent
When you calculate the profit for January, you should deduct only the expenses that relate to that month. If you paid expenses for February and March in January, you could set up an accrual scheme to make sure that only the January expenses are deducted in the January profit calculation.
The following tables provide descriptions for the controls in this form.
| Field | Description | ||
|---|---|---|---|
| Accrual identification | Enter the identifier for the accrual scheme. | ||
| Description of accrual scheme | Enter a description for the accrual scheme. | ||
| Description | If a description is entered, this will be used on all the accrued transactions.
| ||
| Posting date | Select whether the posting will be positioned at the start, middle, or end of the period. | ||
| Calendar type | Select the calendar type, which determines whether accruals will be made according to the fiscal year, the calendar year, or a custom period. | ||
| Period frequency | Select how frequently ledger accruals will occur during the calendar or fiscal year.
| ||
| Length | Enter the number of units of time that this accrual scheme must cover. For example, if the calendar type is Calendar, the period frequency is Yearly, and the length is 3, the accrual scheme covers three years.
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| Period key | If the calendar type is Allocation key, select a period key. Period keys distribute budget register entries in fiscal year periods, or to explode sales orders in defined periods. You can set up period keys in the Period allocation categories form. | ||
| Posting frequency | Select how frequently posting will occur during the calendar year. This field is available only when the calendar type is Calendar.
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| Value posting | Select how the amounts will be posted. If Month or Quarter is selected as the posting frequency, select one of the following options:
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Note Announcements: To see known issues and recent fixes, use Issue search in Microsoft Dynamics Lifecycle Services (LCS).
