# Accruals

here are two types of **Accrual Accounting:**

1\) **Accrual (Upfront):** If you enable this option and add entries while defining the loan product (*as shown in the table below*), Accrual entries are passed at the time of disbursal of the loan (*to the Client or Group*). 

2\) **Accrual (Periodic)**: If you enable this option and add entries while defining the loan product, Accrual can be done with a specified periodicity or can be done manually. To specify the Periodicity of Accrual, follow these steps:

*    Go to **Admin** >> **System** >> **Scheduler Jobs** to see the following window (*with a list of Jobs*):

<figure><img src="/files/oXweN2NovfrBR5MzDe7b" alt=""><figcaption></figcaption></figure>

* Check the check boxes beside '**Add Accrual Transactions**' and '**Add Periodic Accrual Transactions**' *(shown in the screenshot* *above).*<br>
* At the bottom of the page, click on the '**Run Selected Jobs**' button, followed by the '**Refresh**' button.&#x20;

<figure><img src="/files/AO2ziBI4XcCg0cDcKGnp" alt=""><figcaption></figcaption></figure>

Once the loan product is defined with Accrual Accounting (*periodic*), ([*Click Here*](/mifosx/user-manual/for-administrators-mifos-x-platform/administration/products/loan-products/loan-product-fields/accounting-loan-product-fields.md) *to see Accounting Fields for Loan Product*)

* Create a Loan Account for a Client/Group with the Loan Product having Accrual Accounting. ([*Click Here*](/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounts-and-transactions/loan-accounts.md) *to see how to create Loan Account*)
* Make a few transactions (*for instance: Repayments*).
* Then go to the [**Accounting**](/mifosx/user-manual/for-administrators-mifos-x-platform/accounting.md) >> [**Accruals**](/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounting-operations/accruals.md). The following window will be displayed:

<figure><img src="/files/akpElm5MAMKAOoUdVluO" alt=""><figcaption></figcaption></figure>

* Specify the date in the "**Accrue Till**" field.
* Finally, execute Periodic Accrual Accounting till specified date by clicking on the blue "**Run Periodic Accruals**" button in order to affect all the accrual accounts (f*or instance: Interest Receivable, Fees Receivable, etc.*).

To see the entries in accrual accounts,

* Go to [**Accounting** ](/mifosx/user-manual/for-administrators-mifos-x-platform/accounting.md)>> **Search Journal Entries**. The following window will be displayed:

<figure><img src="/files/Hdcn58SgPqc8qWGpzVuh" alt=""><figcaption></figcaption></figure>

* As shown in the screenshot above, select the appropriate filters and duration and click on the '**Search**' button to see the accrual transactions that occurred during the specified duration.

<figure><img src="/files/gk8ECMBPhDulYHxRSCig" alt=""><figcaption></figcaption></figure>


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.mifos.org/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounting-operations/accruals.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.