Invoice Accrual Code (AP05.2)

Use Invoice Accrual Code (AP05.2) to define and maintain invoice accrual codes. An invoice accrual code links a general ledger accrual account to an invoice.

The accrual account you select for an invoice accrual code is used to offset general ledger entries made between the payment of an invoice by AP170 (Payment Closing) and the distribution of an invoice by AP175 (Invoice Distribution Closing).

Invoice accrual codes follow a system default hierarchy that ultimately assigns the codes to invoices in AP20 (Invoice Entry).

An accrual code cannot be deleted if it exists as a retainage accrual code setup on the AP Company (AP00.4).