Close impact
Missing accruals distort P&L — close teams chase invoices received after month-end.
Glossary/Accrual
Accrual
An accrual records expense or revenue in the period incurred, even if cash has not yet moved.
How FinanceAI handles this
Demo flux on professional fees proposes JE-2026-09-0931 for unaccrued legal costs.
Related terms
Questions
Reverse accruals?
Many programs auto-reverse on day one — policy lives in your ERP.