Overview:

IN PROGRESS

This process has been developed for the Month End process for companies that wish to accrue uncertified subcontract claims within their processing period.

Choose the Financial Company, select + New to create a new batch, defaulting to the Financial Company you selected, then select Generate & Batch.

The Batch will be created. Select the Financial Company to see the batches that have been created for that company. Where the transaction has been batched, the Batch No field will be filled in. If you have a batch selected and choose to Generate & Batch again, it will regenerate the batch based on the current filter. 

Use the Detail button to open the Batch screen and print the batch with the details of all the subcontract claims that have been included. You can also make changes to the batch header.

Next Steps:

Once the batch is generated, you can close and export the batch through Export Control.

Once you are happy with the batch and know for sure it does not need to be re-generated, you must Finalise it.

The Finalise step will create a reveral batch in the following period to reverse the accruals, and this step is not reversible.

If you do not wish to send accrual batches to your financial system, be sure to tick Not For Export on the batch. And always remember to Finalise it to complete the process.