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This module allows you to automatically accrue revenue for all properties monthly. The System accrues revenues for properties at the purchaser level. The accrual is automatically generated if payment has not been received for a production month. Accruals can be automatically reversed from month to month. They use actual sales volumes from Avatar’s Production Information Management System. If sales volumes are not available, a moving average of the last three, two, or one month’s sales volumes is used to generate the accrual. Prior months’ accruals are reactivated in the current accrual month if payment for the prior months has not been received.
"Revenue Accounting" is part of the Avatar 400 Energy Solution line of products, developed by Avatar Systems.