What is an Accrual

An accrual is an estimate of how much your business will bill a client for work done in a specific month, even if you haven’t sent the invoice yet.

To record an accrual correctly, enter the estimated amount for each matter with your client. Make sure it matches the right month when the work was done, like from March 1st to March 31st.

Keep in mind that your client will have specific deadlines for when they need these accruals submitted in Brightflag.