What is derived accrual type in SAP FI-GL - General Ledger Accounting?

SAP Term: derived accrual type

• Component: FI-GL

• Component Name: General Ledger Accounting

• Description: Indicator in the Accrual Engine that designates that an accrual type is based an other accrual types. For example, the accrual type could be the sum or difference of two other accrual types.

Smart SAP Assistant

• Key Concepts: 
  Derived accrual type is a feature in SAP FI-GL General Ledger Accounting that allows users to automatically create accrual postings for certain transactions. This feature is used to ensure that all transactions are properly accounted for and that the financial statements accurately reflect the company’s financial position. 
  
  How to use it: 
  To use the derived accrual type feature, users must first set up the accrual type in the system. This can be done by going to the “Accrual Type” tab in the FI-GL General Ledger Accounting module and selecting “Create”. From there, users can enter the details of the accrual type, such as the name, description, and account assignment. Once this is done, users can then assign the accrual type to specific transactions. 
  
  Tips & Tricks: 
  When setting up an accrual type, it is important to make sure that all of the details are accurate and up-to-date. This will ensure that all transactions are properly accounted for and that the financial statements accurately reflect the company’s financial position. Additionally, it is important to regularly review and update any existing accrual types to ensure accuracy. 
  
  Related Information: 
  The derived accrual type feature is closely related to other features in SAP FI-GL General Ledger Accounting, such as posting rules and document splitting. It is important to understand how these features work together in order to ensure accurate accounting and financial reporting. Additionally, it is important to understand how these features interact with other modules in SAP, such as Accounts Payable and Accounts Receivable.