Account Accrual Dates

This module allows you to easily compute the accrued revenue and accrued expenses based on the Start Date and End Date of journal items (copied from the same fields of invoice lines) and to generate the related cutoff journal items.

For example, imagine that you have an activity where you invoice at the begining of each quarter the period corresponding to the previous quarter. So, on January 10th 2018, you generate customer invoices for the period running from October 1st 2017 to December 31st 2017. If your fiscal year ends on December 31st, you will need to provision in 2017 the revenue that is invoiced in 2018 that cover 2017. With this module, you will create an Accrued Revenue on December 31st 2017 and Odoo will identify the customer invoices that are dated after December 31st 2017 and that cover a period before December 31st 2017 (totally or in part).

Table of contents

Configuration

On the Accounting configuration page available via the menu Invoicing > Configuration > Settings, there is a Cut-offs section where you can configure:

• the Default Cut-off Journal, which is the journal in which the cut-off journal items will be generated by default,
• the Default Account for Accrued Revenue,
• the Default Account for Accrued Expense.

Usage

To compute the accrued revenue, go to the menu Invoicing > Cut-offs > Accrued Revenue and click on the Create button. Enter the cut-off date, check that the source journals contains all your sale journals and click on the button Re-Generate lines: Odoo will scan all the journal entries of the source journals and will get all the lines that have a start date before or equal to the cut-off date and, for each line, it will compute the revenue to provision. If you agree with the result, click on the button Create Journal Entry: Odoo will generate an account move at the cut-off date to provision these revenue. Hint: you can then use the reversal feature to generate the reverse journal items on the next day.

Bug Tracker

Bugs are tracked on GitHub Issues. In case of trouble, please check there if your issue has already been reported. If you spotted it first, help us smashing it by providing a detailed and welcomed feedback.

Do not contact contributors directly about support or help with technical issues.

Credits

Authors

• Akretion

Contributors

• Alexis de Lattre <>

Maintainers

This module is maintained by the OCA.

OCA, or the Odoo Community Association, is a nonprofit organization whose mission is to support the collaborative development of Odoo features and promote its widespread use.

This module is part of the OCA/account-closing project on GitHub.

You are welcome to contribute. To learn how please visit .