Purchase Accruals

The Purchase Accruals extension for Microsoft Dynamics 365 Business Central streamlines the accrual process for non-inventory purchases by automatically recognising expenses at the time of receipt. This removes the need for manual accruals at month-end, enabling your profit and loss statement and balance sheet to remain current throughout the month.

Traditionally, purchase accruals are processed manually during month-end close, leading to reporting delays and increased risk of errors. This app ensures your financial reporting stays accurate and up to date by automating these accruals in real-time, helping finance teams work more efficiently and with greater confidence.

Features and Benefits

• Automated accruals for non-inventory purchases such as G/L Account, Fixed Asset, Resource, Charge Item, and Item (Service or Non-Inventory types)
• Standard cost variance accruals for items valued using the Standard Cost method
• Project-related purchase accruals, creating Project Ledger Entries to support Work In Progress (WIP) reporting
• Manufacturing sub-contracting support through accurate accrual postings
• Purchase Return Shipments accrual support when credit memos have not yet been received
• Automatic reversal of accruals on invoice posting or when undoing a receipt or return
• Option to use interim accounts for delayed expense recognition while still reflecting liabilities
• Ability to specify posting dates when undoing receipts or return shipments

Why Choose This App?

• Eliminate manual month-end accruals
• Improve the accuracy of your financial statements
• Reduce finance team workload and manual error risk
• Enhance real-time visibility of liabilities and expenses

Pricing

For detailed pricing information, please visit our pricing page.

Supported Editions

This app supports both the Essentials and Premium editions of Microsoft Dynamics 365 Business Central.

Supported Countries

This app is supported in all countries where Microsoft Dynamics 365 Business Central is available.

Supported Languages

The app is available in English, German, Dutch, French, Japanese, Italian, Portuguese, Spanish, Danish, Polish, Swedish, Finnish, Norwegian, and Chinese (various locales).

Support and Documentation

For comprehensive documentation, setup guides, and support, please visit our documentation site. For additional assistance, please visit our contact page.