Setting Up Auto-Reversals for Accruals

A key feature of the Corpay Complete Accruals module is its capability to automate the reversal process for an accrual. This article explains how to configure an accrual for automatic reversal from the following locations:

• Accruals Table
• Accrual Details Page

NOTE: The visibility of pages and information in Corpay Complete is based on roles assigned to users by a company as well as company configuration. As a result, some pages and information may not be visible to you or may only be available in a view only format.

Configuring Auto-Reversals from the Accruals Table

To configure an accrual for auto-reversal from the Accruals table:

1. Log in to Corpay Complete.
2. Select the Accruals menu item from the left-side navigation pane.

3. On the Accruals tab, search for the accrual to be automatically reversed by number, vendor, purchase order, date, amount, balance, status, or type.

NOTE: Click the Toggle Filter  icon to display the filter fields.

4. Complete the following steps on the Edit Accrual dialog:
   1. Select the Auto Reverse checkbox.
   2. Enter the date for the auto-reversal in the Scheduled Reverse Date field.
   3. Click the Submit button.

5. The accrual will automatically reverse on the scheduled reverse date.

Configuring Auto-Reversals from the Accrual Details Page

To configure an accrual for auto-reversal from the Accrual Details page:

1. On the Accruals tab, search for the accrual to be auto-reversed by number, vendor, purchase order, date, amount, balance, status, or type.

NOTE: Click the Toggle Filter icon to display the filter fields.

2. On the Accrual Details page, click the Edit Accrual button.

3. Complete the following steps on the Edit Accrual dialog:
   1. Select the Auto Reverse checkbox.
   2. Enter the date for the auto-reversal in the Scheduled Reverse Date field.
   3. Click the Submit button.

4. The accrual will automatically reverse on the scheduled reverse date.