Accruals
What are accruals?
Accruals refer to the accounting principle where income and expenses are recorded in the periods in which they are ea...
Settings for Accruals
If you want to accrue your journals, supplier or customer invoices, you need to activate the functionality under Sett...
Accrual calculation methods: Months / Days
When setting up your accruals you can choose how they should be calculated:
Month: The option Month allocates th...
Accrue a Supplier Invoice
Workflow for the Accrual of a Supplier invoice
Go to the main menu on the left side of your screen and select Supp...
Accrue a Customer Invoice
Workflow for the Accrual of a Customer invoice
Go to the main menu on the left side of your screen and select Invo...
Multi-Account Accruals on Customer invoices
You can now accrue income across two accounts or accrue both income and discounts on separate accounts. Simply sele...
Accrue a Journal
Workflow: Accrue a Journal
Go to the main menu on the left side of your screen and select Accounting - Journals - ...
Carrying out accruals
If you want to carry out your accruals, go to Accounting - Accruals in the main menu.
You can filter the list to g...
Credit an accrued invoice
When crediting an accrued customer or supplier invoice in Briox, you will get the following prompts when you post t...