The accrued amount is the sales price of the subscription transaction divided by the periods for which the subscription has accrued.
Example
You create a subscription transaction by using a quarterly invoicing period code and a monthly accrual period code. The sales price for the transaction is EUR 300. Therefore, when you invoice the subscription transaction, three amounts of EUR 100 each are created.
If you select the check box and select in the in the form, the amounts per month change slightly. For example, if the invoicing period is 1st quarter in 2007, the accrued amounts for January, February, and March are:
|
Month |
Calculation |
Accrued amount |
Comment |
|---|---|---|---|
|
January |
300 / (31+28+31) * 31 |
103.34 |
Rounding-off amount added |
|
February |
300 / (31+28+31) * 28 |
93.33 |
|
|
March |
300 / (31+28+31) * 31 |
103.33 |
