Accrual methodologies
Several out-of-the-box methodologies are available for calculating consumption and cost accruals.
In general, accruals are generated based on a daily average value from a specified historical period, which is multiplied by the number of missing days in the month.
This calculation is represented as:
Monthly Accrual =
Historical daily average value over a time period * Number of missing days
in a monthThis section describes some of the available out-of-the-box methodologies in detail.