Hi Guys:
I am facing an issue in RERAALCN posting. I have a service charges contract for one year say value 1200. Its start date is 01.10.2015 and hence end date is 30.09.2016. Its frequency is 1 in 1 year and payment form is advance. Upon periodic posting we are generating following accounting entry RERAPP.
So accrued revenue is segregated into current and non current portion if posting is happening during a year with a contract whose life is 1 year or more. When it comes to amortizing it we are amortizing it through RERAALCN. I am facing issue when i run amortization at key date 31.12.2015 for this contract . For October and November it posted correctly. Screen for November accrual run is shown under
For December it is reversing all the amount posted in October & November, its accrual type settings are only periodic posting and periodic posting is ticked.
I am showing below simulation of what it is doing in December
Can someone please explain how to abstain system from doing it?
Thanks