Answer / prasad

Accrue on Period

The Goods/service items which are already received by the Organisation however pending for receipt to be craeted,
a provision for Journal entry posted for these type of accrual which is payable in near future and is due for payment.
(Value already entered/reflect in the System - GL)

Accrue on Receipt

The Goods/service items which are already Receipt created, and is due for payment.
(Value already entered/reflect in the System - Receipt )

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