You can have multiple nominal accounts that you want to use for sales ledger invoices and credit notes that you wish to set as your accrual nominal on different detail lines as well as use different accrual periods with costing details.
Depending on which combination you use, there will be different recurring journals automatically created for you. For more information on how to set up the accrual nominal and accrual periods, please refer to our Set up Sales Ledger Accruals article.
Note: The recurring accrual journals do not post automatically, you have to manually post these. For more information on how to post your recurring journals, please refer to our Post a recurring accrual journal article.
The table below shows a few examples of where you are using a combination of same or different accrual periods and nominals as well as costing details. We have used a sales ledger invoice with 2 detail lines as the example below:
Type of Journal and details | Scenario |
One recurring accrual VAT journal is automatically created and batched with 2 detail line, one for each costing detail. |
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One recurring VAT journal is automatically created and batched with 1 detail line as it is the same periods and accrual nominal with no costing. |
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Two recurring accrual journal are automatically created and batched, one for each accrual nominal. |
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Two recurring accrual journal are automatically created and batched, one for each accrual nominal. |
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Two recurring accrual VAT journals are automatically created and batched, one for each accrual nominal and costing details. |
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Two recurring accrual VAT journal are automatically created and batched, one for each accrual period. |
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Two recurring accrual VAT journals are automatically created and batched, one for each period and nominal accrual combination. |
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Two recurring accrual VAT journals are automatically created and batched, one for each period. |
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Two recurring accrual journals are automatically created and batched, one for each period and accrual nominal combination. |
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Two recurring accrual VAT journals are automatically created and batched, one for each period and accrual nominal combination. |
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Two recurring accrual VAT journals are automatically created and batched, one for each period and accrual nominal combination. |
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