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Please share why to use one asset clearing account vs. many (each category)? — Cloud Customer Connect
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Please share why to use one asset clearing account vs. many (each category)?

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Summary:

Typically best practice says to keep one single clearing account to avoid unnecessary account combinations and complicate reconciliations.

Please share why to use one asset clearing account vs. many (each category)?

Content (required):

One asset clearing account vs. many (each asset category)

Version (include the version you are using, if applicable):

Oracle Cloud Financials 22B

Code Snippet (add any code snippets that support your topic, if applicable):

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