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AP176 - Match Discount Accrual
Run Match Discount Accrual (AP176) to accrue discounts that were taken
during the match process. You must run AP176 at least once per accounting
period, but you can run it as often as you need. It is recommended that you
run this form at the same time you run AP175 (Invoice Distribution Closing).
NOTE You only need to run MA176 if you selected "Match" in the Discount
Recognition field for your company in MA01.1 (Company).
**Processing Effect
AP176 debits the AP Liability account using the accrual code on the
invoice and credits the Discount Accrual account defined on the match
company.
Example: A record created from match of an invoice will be stored as
Negative value. This entry is a credit to the discount Accrual account.
AP176 looks for open match discount records. AP176 updates the match
discount status to posted when it creates the general ledger entries to accrue
the discount. This ensures that the discount is only accrued once.
Payment Closing (AP170) will reverse the discount accrual and post it
to the discount account when the invoice is paid.
Updated Files
ADDRDATA -
APDISCACC -
APMONITOR -
CKPOINT -
SYSTEMCODE -
Referenced Files
APACCRCODE -
APCOMPANY -
APINUSRFLD -
APINVOICE -
APPROCLEV -
APVENMAST -
CBCCTRNJB -
GLADDRESS -
GLCHART -
GLSYSTEM -
INSTCTRYCD -
MACOMPANY -
MAFRXREF -
INVOKED Programs
IFAC
ACAC
ACTA
API4
IFCU
IFOB
IFSG
IFLU
IFUP
SLSE
SLSU
IFFC
IFGT
GLCC
IFAU
IFRS
IFSC
SLSB
SLSS
IFJR
SLFD
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