What is 'accrual run' in SAP CRM-IM-IPM - Intellectual Property Management?

accrual run - Overview

• Component: CRM-IM-IPM

• Component Name: Intellectual Property Management

• Description: Simulated outgoing royalties settlement in the Billing Engine to determine the amount that is already due to be paid to a licensor on this key date. This run triggers accruals postings in the Accrual Engine.

accrual run - Details

• 
  Key Concepts: 
  Accrual run is a process in SAP CRM-IM-IPM Intellectual Property Management that allows users to calculate and post accruals for intellectual property rights. Accruals are the estimated future costs associated with the use of intellectual property rights, such as royalties or license fees. The accrual run process helps users to accurately track and manage these costs. 
  
  How to use it: 
  To use the accrual run process, users must first define the accrual rules in the system. This includes setting up the accrual period, the accrual rate, and any other relevant parameters. Once the rules are set up, users can then run the accrual process to calculate and post the accruals for each intellectual property right. 
  
  Tips & Tricks: 
  It is important to ensure that all of the necessary parameters are set up correctly before running the accrual process. This will help to ensure that the accruals are calculated accurately and that all of the associated costs are properly tracked and managed. 
  
  Related Information: 
  For more information on how to set up and use the accrual run process in SAP CRM-IM-IPM Intellectual Property Management, please refer to SAP Help documentation.