Settings of dates for accruals

To control the dates between which accruals are allowed to be made, two parameters are used:

• MinPeriodicdate
  Used to specify a minimum allowed accrual date.
• MaxPeriodicdate
  Used to specify a maximum allowable accrual date.

The start/end date of the accrual must be between these two dates, otherwise, a system message of Incorrect accrual date will be put on the invoice when it is forwarded.

The parameters can be found in the administration tool, under the menu item System Configuration - System Settings - Functions.

There are two main types of accrual settings in MediusGo so depending on how accrual works in your financial system there are different ways to set this up.

Accrual account

The use of accrual accounts is activated via the UsePeriodicAccount parameter and combined with start and end date fields via the UsePeriodicDate and UsePeriodicPeriod parameters.

The accounts to be able to be accrued must be marked as Accr.account in the chart of accounts in MediusGo, read more about how to do this in the article Chart of accounts.

Accrual template

Accrual templates can be imported from your financial system and for this the parameter UsePeriodicTemplate must be active.

These templates can then be combined with start and end date fields via the UsePeriodicDate and UsePeriodicPeriod parameters.