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Revenue Accurals

 

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Revenue Accurals

This module allows the client to automatically accrue revenue for all properties monthly.
  • System accrues revenues for properties at the purchaser level. If payment has not been received for a production month, the accrual is automatically generated.
  • Accruals can be automatically reversed from month to month.
  • Accruals use actual sales volumes from Avatar's Production Information Management System. If sales volumes are not available, a moving average of the last three, two, or one month's sales volumes is used for the accrual.
  • Prior months' accruals are reactivated in the current accrual month if payment for the prior months has not been received.
Reports:
  • Accrual generation report
  • Accrual vs. Production report
  • Accrual exception report



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