Accrual codes
An invoice accrual code is defined in Accounts Payable to link a General Ledger accrual account to an invoice. An Accounts Payable company must have at least one accrual code that indicates which account is used to offset General Ledger entries that are made between the payment of an invoice and the distribution of an invoice.
Uses of accrual codes in Lease Management
Invoice accrual codes are defined using Invoice Accrual Code (AP05.2). You can attach an accrual code to a lease when you define the lease payment schedule on Payment Schedule (LM30.1) or Recurring Payment (LM30.2), or to a lease invoice on Invoice Adjustment Miscellaneous (LM31.2). If you leave the accrual code field blank, then Accounts Payable will use the default accrual code. Accrual codes default according to this hierarchy: payment schedule, invoice, vendor, company vendor, process level, and company.
See the information on invoice accrual codes and their defaulting hierarchy in the Accounts Payable User Guide.