Purchase Order Accruals

Accruals must be posted when liabilities occurred to a third party and related costs are not yet posted. This process supports the typical period-end closing activity accruals postings.

Based on the SAP S/4HANA Accrual Engine, this solution offers flexible configuration options for calculating and posting the purchase order accruals. It also provides the option to review the monthly accrual amounts and supports monitoring and the approval of accruals. 

Key Process Steps Covered

  • Manage workflows for purchase order accruals review
  • Transfer purchase orders (optional)
  • Propose periodic accruals
  • My inbox – Review purchase order accruals
  • Review purchase order accruals for cost accountant
  • Post periodic accruals
  • Analyze accrual postings

Benefits

  • Get comprehensive automation of process chains for purchase order accruals
  • Reduce efforts in manual work