NetClose - Approve Accruals
Once the Accruals are entered, follow the steps below to approve them:
There are two different places you can approve an accrual.
1. By pressing the Approve button, you can approve from the Accrual Record after creation.
The accrual will then run, and the status will update to "Accrued," you can see the transaction has been run.
2. If using the Approval Accruals page, navigate to NetClose > Accruals > Approve Accruals. Select the line for the accrual and click Submit.
All accruals can be seen by navigating to NetClose > Accruals > All Accruals. The status, current amount, and accounts can be seen on this page.