Purpose
Revenue / Cost Accruals is a way of distributing the revenue / cost accruals into periods where the revenue / cost should have been taken.
Procedure
Example
You pay a yearly Insurance for your stocks for $2000. This is paid in January. Credit Bank Account $2000. Debit would be an accrued balance account in the assets section. Not the normal expense account for insurance.
Now you decide to Accrual this expense from your accrued balance account into the expense account for insurance during 12 periods of 1 month.
This is what this module handles, but with more selectable frequencies!