SAP S4HANA FICO Day 10 (Accrual & Deferral) by Deepak Gupta

In this video you can learn Accrual and deferral on SAP with a simple example.
Accruals and deferrals in SAP FICO refer to the process of recognizing revenues and expenses in the correct accounting period, irrespective of when the actual cash transactions occur.
Accruals: Recognize revenues or expenses when they are earned or incurred, regardless of cash transactions .
Deferrals: Postpone recognizing revenues or expenses until specific criteria are met, such as delivery of goods or services.
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New Era Computer Education Centre, Gorakhpur, Uttar Pradesh, India.

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Thanku sir