Zero Accrual for Non-recurring Invoice
I would like to propose a new function to be available when we create non-recurring invoices in Prolease.
Among all the invoices we create in Prolease, there are two main categories:
• Monthly recurring invoices for which our payment amount matches our budget/forecast, giving us close to zero accrual in the accounts ledger table
• Yearly reconciliation/adjustment/true up invoices for which payment amount is unpredictable and there is no budget/forecast, giving us an accrual in the accounts ledger table.
The function I am proposing is for the second yearly invoice category. The function would allow:
1. Team member to select the invoice category- eg. Yearly true up when processing in the page below:
- More importantly, when such invoice is paid and payment file is imported into Prolease, the system will pick up such invoices and import payment amount as zero, which mean we will not have an accrual for such yearly true up invoice.
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Sophia Huang
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