What is accrual order in SAP CO - Controlling?

SAP Term: accrual order

• Component: CO

• Component Name: Controlling

• Description: An element for monitoring the period-based accrual calculation between the expenses posted in Financial Accounting and the accrued costs debited in cost accounting. This enables users to distribute the expenses recorded in Financial Accounting as accrued costs over several periods.

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• Key Concepts: 
  Accrual orders are a type of cost element in SAP Controlling (CO) that are used to record costs that have been incurred but not yet paid. They are used to track expenses that have been incurred but not yet settled, such as employee salaries, rent, and other expenses. Accrual orders are also used to track the costs of goods or services that have been received but not yet invoiced. 
  
  How to use it: 
  Accrual orders can be created in SAP Controlling by entering the relevant data into the system. This includes the cost element, the amount of the accrual, and the date of the accrual. The accrual order can then be posted to the general ledger and tracked in the system. 
  
  Tips & Tricks: 
  When creating an accrual order, it is important to ensure that all relevant information is entered accurately. This includes the cost element, amount, and date of the accrual. Additionally, it is important to ensure that all accruals are posted to the correct general ledger account. 
  
  Related Information: 
  Accrual orders are closely related to other types of cost elements in SAP Controlling such as commitment items and internal orders. It is important to understand how these different types of cost elements interact with each other in order to effectively manage costs in SAP Controlling.