Rounding-off period

Define if the rounding amount of accruals should be added to the first or the last Accrue period when the periods are created on invoicing.

Calculate accrued revenue per day

Calculate the revenue accrued on subscriptions per day; that is, a month of 31 days has one more day of revenue than a month of 30 days.

Reverse accruals on crediting

Define when accrued revenue should be reversed when you credit a subscription fee:

• Manual: You must reverse each accrued revenue transaction individually before you create a credit note proposal for the transaction.

• Invoice date: Reversal happens on the date when the credit note is posted.

• Original posting date: Reversal happens on the original posting date of the accrual. If the ledger periods are closed, reversal amounts from the closed periods are posted on the credit note date.

Delete accrued period

Select this check box to clean up accrued periods. When the accrued revenue of the last accrual period is posted, the periods are deleted.

Set project date to invoice date

Select this check box if you want the Project datefield in the Fee form to be replaced with the invoice date at invoicing.