Define How Costs Accrue

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Define How Costs Accrue. To accumulate or earn over time. An accrued expense is an expense that has been incurred but for which there is not yet any expenditure documentation.

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How and when actual costs are automatically calculated depend on the Standard Rate Overtime Rate Per Use Cost and Cost accrual settings for the resources. To come about as a natural growth increase or advantage the wisdom that accrues with age. This value is used by the project verification rules and project status columns extensions to identify events created from the cost accrual billing extension.

To become a present and enforceable right.

To happen or result as a natural growth addition etc. You must define the cost accrual identifier with a value of COST-ACCRUALin the ATTRIBUTE11 column. The uncertainty of the accrued expense is not significant enough to qualify it as a provision. How and when actual costs are automatically calculated depend on the Standard Rate Overtime Rate Per Use Cost and Cost accrual settings for the resources.