PLM Accrual Setup Requirements

PLM Charge Page Requirements

• The charge must be a Non-Component Charge (Lease Component must be disabled).

Users have the option of enabling Accrued Expense and Accrual Expense Account on the PLM Charge page to make it the default setting. Alternatively, users can turn on the Accrued Expense and Accrual Expense Account via the PLM Accruals page each time they wish to set up an accrual.

For detailed steps on creating a Regular Charge, refer to Create Regular Charge.

PLM Lease Page Requirements

• The lease must be an Expense Lease Type.

Lease Charges Page Requirements

• The Frequency must be Bi-weekly in order for Accrual > Accrual Lines to be available.

• Accrual Lines can be accessed for any frequency except Monthly.

For detailed steps on recognizing an accrual, refer to Accrual Recognition.