AP176
AP176 - Match Discount Accrual

Run Match Discount Accrual (AP176) to accrue discounts that were taken during the match process. You must run AP176 at least once per accounting period, but you can run it as often as you need. It is recommended that you run this form at the same time you run AP175 (Invoice Distribution Closing). NOTE You only need to run MA176 if you selected "Match" in the Discount Recognition field for your company in MA01.1 (Company). **Processing Effect AP176 debits the AP Liability account using the accrual code on the invoice and credits the Discount Accrual account defined on the matchcompany. Example: A record created from match of an invoice will be stored as Negative value. This entry is a credit to the discount Accrual account. AP176 looks for open match discount records. AP176 updates the match discount status to posted when it creates the general ledger entries to accrue the discount. This ensures that the discount is only accrued once. Payment Closing (AP170) will reverse the discount accrual and post it to the discount account when the invoice is paid.

Updated Files
ADDRDATA - No Description Available.
APDISCACC - No Description Available.
APMONITOR - No Description Available.
CKPOINT - No Description Available.
SYSTEMCODE - No Description Available.



Referenced Files
APACCRCODE - No Description Available.
APCOMPANY - No Description Available.
APINUSRFLD - No Description Available.
APINVOICE - No Description Available.
APPROCLEV - No Description Available.
APVENMAST - No Description Available.
CBCCTRNJB - No Description Available.
GLADDRESS - No Description Available.
GLCGCPY - No Description Available.
GLCHART - No Description Available.
GLCPYGRP - No Description Available.
GLSYSTEM - No Description Available.
INSTCTRYCD - No Description Available.
MACOMPANY - No Description Available.
MAFRXREF - No Description Available.



INVOKED Programs
IFAC
ACAC
ACTA
API4
IFCU
IFOB
IFSG
IFLU
IFUP
SLSE
SLSU
IFFC
IFGT
GLCC
IFAU
IFRS
IFSC
SLSB
SLSS
IFJR
SLFD



File created: Thu Jun 09 02:08:42 2016

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