Accruals

Let Rillet automate your accrual estimation

To navigate to the Accrual Register, go to Close Management > Accruals. Here you will see a list of your accruals, and their current status of either Needs Review, Approved, or Posted.

Types of Accruals

There are multiple types of accruals supported in this module

• Service Period - expenses which have a service period related to a prior period but the expense date is later than the service period. For example, if you receive a bill on Jan 1st but the related service period is December, Rillet will suggest an accrual for the bill.

• Recurring - expenses which are recurring in nature where the agent has identified a gap in the expense pattern

• Manual - manually created by a Rillet user.

How to Review & Approve, and Post Accruals

From your list of accruals you can select actions for Edit, Post, and Delete.

To review more details about the accrual, select Edit.

Within the Edit view, you can see more details about the accrual AI assessment (note: only in cases where AI is predicting the accrual) , and you can also change the related accounts, custom fields, amounts, etc.

If you are using AI to predict the accrual you can also provide additional context to the agent and ask the agent to re-analyze. For example you could say " we just signed a new lease starting Jan 2026 for $14K per month and the agent will adjust it's suggested accrual.

When you are satisfied with the accrual, you can select to Approve and/or Post the accrual.

Once the accrual is posted, the description will update with a link to the accrual journal entry.

How to Create a Manual Accrual

To create a manual accrual, select New Accrual and fill in the relevant details.

Once you press save the new accrual will be displayed in your accrual register.

Adjust Accrual AI Settings

You can adjust your AI Settings for your orgnizational preferences

• How to calculate the suggestion based on historical data - the baseline predictive assumption will use either Average, Weighted Average or Trend Adjusted. You can choose which method you prefer.

• AI Comparison - enable the agent to provide a separate assessment in addition to the baseline.

• Auto-accept AI Suggestions - if enabled, the agent's accrual assessment will be the proposed entry instead of the baseline.

• Flag for Review - Rillet will indicate any deviations between the baseline and the agent's assessment above this threshold.

Accrual Materiality Threshold

In your organization settings, you can add a materiality threshold for accruals. When set your AI will not suggest any accruals less than the materiality threshold.

If you update your materiality threshold it will update for any accruals months today and forward, but will not change the historical materiality. Additionally, any previous approved or manual accruals will not be removed due to a change in materiality.

Accrual Analytics

Review metrics and trends around your accrual patterns within the Accrual Analytics.