What is 'accrual balance' in SAP IS-TMA-ITC - SAP Intelligent Trade Claims Management?

accrual balance - Overview

• Component: IS-TMA-ITC

• Component Name: SAP Intelligent Trade Claims Management

• Description: The amount that represents what's been accrued, reversed, and settled for a claim.

accrual balance - Details

• 
  Key Concepts: 
  Accrual balance is a term used in SAP Intelligent Trade Claims Management (IS-TMA-ITC). It is the total amount of money that a company has accrued from its trade claims activities. This includes any money that has been received from customers, suppliers, or other parties as a result of trade claims.
  
  How to use it: 
  Accrual balance is used to track the total amount of money that a company has accrued from its trade claims activities. This information can be used to help manage the company’s finances and ensure that all trade claims are being handled properly.
  
  Tips & Tricks: 
  It is important to keep track of the accrual balance on a regular basis in order to ensure that all trade claims are being handled properly. Additionally, it is important to ensure that the accrual balance is accurate and up-to-date in order to avoid any discrepancies or issues.
  
  Related Information: 
  Accrual balance is related to other terms such as accounts receivable, accounts payable, and trade claims. It is important to understand how these terms are related in order to effectively manage the company’s finances and ensure that all trade claims are being handled properly.