Help:SM1-Remove Accruals

Template:Page titleSM1-Remove Accruals Storage Lots with accrued amounts cannot be deleted or stopped from generating a billing until all accrued amounts have been resolved. This option allows you to post the Advance accruals to Revenue or the Behind accruals to the Accounts Receivable.

After this is done, you will be able to enter a Released Date in the Storage Master File for this storage lot which will stop it from adding the recurring charges during the Process Storage Billing operation. Also, any over-billed or under-billed amounts can be adjusted in the Accounts Receivable for this storage lot.

Lot Number: Enter the lot number of the storage lot which has accrual amounts that need to be removed. If a lot has no accrued amounts, the window will display a message to that effect. Press the {?} to the right of this field to open a window titled Select Storage Lot which displays a listing of all storage lots in the Storage Master File.

Lot Name, Date Received, Bill To: These fields will be automatically displayed after the Lot Number has been selected. These fields are informational only and you cannot edit the information in these fields. If this is not the proper storage lot, then press the [Cancel] button and re-enter the proper Lot Number.

Posting Date: Enter the date of this transaction.

Posting Month/Year: Enter the Calendar Month/Year in which this transaction is to be recorded in your general ledger. This is usually the same as the month and year of the Posting Date.

[ Remove Accrual ] Press this button to remove the accrual amounts listed on this screen. Advance accrual amounts will be added to Revenue. Behind accrual amounts will be added to the Accounts Receivable.

[ Cancel ] Press this button to clear the currently displayed storage lot from this window and enter another Lot Number to select another storage lot. NOTE: This button will NOT exit this window.

[ Exit ] Press this button to close this window and return to the previous window.

[ Help ] Press this button (if available) or the F1 key to view the Help text for this window.

Batch, Total Entries, File: These are informational fields only and you cannot edit the information in these fields.