Question
A rental service company hires you to configure their system to implement accrual schemes.
You need to configure the accrual schemes for the company for both rentals and associated expenses.
Which configuration and transaction options should you use? To answer, select the appropriate options in the answer area.
Explanation
Applicable function area: the company needs accruals for rental income and for the associated expenses, so the scheme must apply to both revenue and costs rather than to only one side. Accrual setup: an accrual scheme is defined by its period frequency (for example monthly) and number of occurrences, which determine how the amount is spread over periods; the journal type and reversibility are not what the scheme setup specifies.
