Create a new accrual profile

Some Of the nominals and ledgers used in this topic may be different to those in your chart of accounts.

Accrual profiles determine which nominal an accrual is posted to.

1. Go to Maintenance > Keylists.
   
2. The Keylist Maintenance window displays. Select ACCRUAL_EXP - Accrual Exp Types [Element for UDI] or ACCRUAL_INC - Accrual Inc Types [Element for UDI] from the Keylist panel.
   
3. Go to ADD NEW, then select KEY.
   
4. A <New item> displays in the keys panel and is automatically selected. Enter a code for the key in Key (limited to 12 characters), together with a title in Title that helps to identify the purpose of the key, e.g Stationery.
   

5. To specify the nominal to which accruals for the key should be posted, enter the numerical core nominal code, excluding the location prefix in Number.
   

   If the nominal core code is not known, select Maintenance from the menu, then select Nominals. The Nominal Maintenance window is displayed. Find the required nominal from the left-hand panel. The 4 digits displayed in the Nominal column is the core code.

6. Next, enter the details of the cost centre to which the accrual key relates in Text. If the accrual key relates to a specific cost centre, enter the code for the cost centre account, for example PBUI for the Premises account, or enter a question mark (?) to display a list of cost centres to be chosen from when entering an accrual.
   

   If the cost centre account code to which the accrual key is to be linked is not known, select Maintenance from the menu, then select Accounts. From the Select a ledger list, double-select to select the COSTCENTRES ledger for the required location. The Account Maintenance window is displayed. Find the required account from the left-hand panel. The code displayed in the Account column is the cost centre account code.

7. When all the accrual key information has been entered, Select SAVE.
   
8. An Update complete message is displayed. Select OK.