Accruals and Deferrals Report

Overview

View a list of all accruals and deferrals of revenue and expenses, filtered by date, reversal date, and their posting account. This is useful for understanding which expenses or revenue is due to be recognised within a given time period.

In order to view content or perform actions referred to in this article you need to have the appropriate permissions enabled in your security group. Go to System A screenshot of a schedule icon with a grey calendar icon and an arrow. > Setup > Security Groups and access your security group to update your permissions. The relevant security group tab and specific permissions for this article can be found here:

Reports

Before performing the steps detailed below, ensure that this part of your build is set up correctly. The relevant steps to set up the features and workflows detailed in this article can be found here:

How to Set Up Accruals and Deferrals of Revenue

A screenshot of the Accruals and Deferrals report.

  1. Go to Reports > View Reports > Accounting Transactions > Accruals and Deferrals.
  2. Select a Date Range.
  3. Filter by Description and Accrual / Deferral Account as required.
  4. Click Search.

The following information is displayed in the Accruals and Deferrals report:

Date The date of accrual / deferral.
Reference The associated job number.
Cost Centre The cost centre name that the accrual / deferral was added to.
Description The description entered when creating the accrual or deferral.
ID Refers to the unique ID given to the accrual or deferral. Click the ID to open the job on the Accruals & Deferrals tab.
Debit Indicates reversals of deferrals and accruals.
Credit Indicates deferrals and reversal of accruals.
Date The date that the journal was flagged as exported to accounting package.
Holding Account The account associated with this accrual or deferral.

You can download the information in the report as a spreadsheet in CSV format, viewable in Microsoft Excel and other spreadsheet software.

To download the report:

  1. Generate the report as required.
  2. Click the A grey arrow pointing downwards towards a CPM pictogram. icon in the top right, then click CSV.
  3. View, print or save the CSV, as required.