Accrued Expenses / Accrued Income Reconciliation

How to create a reconciliation form for "Påløpte kostnader / Påløpte inntekter", Accrued expenses / Accrued income in Sticos Oversikt:

• Navigate to reconciliation in Sticos Oversikt.

• In the "saldobalanse", trial balance view, navigate to the balance sheet account "Påløpte inntekter", Accrued income (1750, 1760) or "Påløpte kostnader", Accrued expenses (2960) and click on the account number/name. You will be redirected to a new page view.

• To create a new form for the current period, select one of the blue boxes named "Påløpte kostnader/inntekter måned", Accrued expenses/income month or "Påløpte kostnader/inntekter termin", Accrued expenses/income term based on what you wish to reconcile.

The form is essentially the same for both accrued expenses and accrued income, with the only difference being that the signs (positive/negative) are reversed.

Reconciliation against booked information

The form consists of 3 tables. The rows in the top table (the main table) constitute the actual reconciliation and are included in the summation at the bottom of the form under "Beregninger", Calculations. This table will be automatically copied from the previous period's reconciliation.

"Forslag til nye rader", Suggestions for new rows

The table "Forslag til nye rader", Suggestions for new rows retrieves all debit postings (accrued income) or credit postings (accrued expenses) booked during the period/term you are reconciling. To move a line up to the top table, click the "+" sign on the left of the line.

You have the option to override the white fields in the table. The gray fields are non-editable. You can add manual rows by clicking "Legg til rad", Add row below the top table:

When a voucher number is registered in the main table, transactions with the same voucher number will be hidden from the tables "Forslag til nye rader" and "Andre transaksjoner". If you want these lines to still be displayed, you can check the box "Vis avstemte bilag i tabellene under", Show reconciled vouchers in the tables below (see the clip above).

"Andre Transaksjoner", Other Transactions

The table "Andre Transaksjoner", Other Transactions contains all credit postings (accrued income) or debit postings (accrued expenses) booked during the period/term. You can also move these to the main table by clicking the plus sign.

You can remove rows from the top table by clicking the icon on the far left of the row:

• The "-" sign moves the row down to "Forslag til nye rader", Suggestions for new rows.

• The "x" sign deletes the row.

"Beregninger", Calculations

"Sum saldo", Total balance is retrieved from the main table. "Sum i følge hovedbok", Total according to general ledger retrieves the balance from the trial balance in the ERP system. "Avrunding", Rounding does not account for differences of +/- 1 NOK. The field can also be used to enter larger discrepancies. Explanations for deviations should be commented on at the bottom under "Kommentar", Comment.

If there is a discrepancy between "Saldo ifølge hovedbok" and the ERP system, you will receive an error message. At the top of the reconciliation module, there is a button called "Oppdater alle", Update all. This will update the balance in this field.