Payables fund accounting example

This is an example of how fund account rules are used for Payables invoice creation and cash application processing.

With fund accounting enabled, invoice accrual general ledger account entries are calculated in this order:

1. Expense Accrual Type for invoice creation or Payment Type for payment process finance structure rules.
2. The general ledger chart account from the invoice’s accrual code general ledger account.
3. Remaining elements from originating invoice distribution.