How Clearing accounts knock off for Preapproved expenditure batches and Intercompany Transaction
How Clearing accounts are knock off for Preapproved expenditure batches and Intercompany Transaction in PPM
I have Couple of Accounting related questions for Pre approved Expenditure Batches in PPM and Intercompany labor cost account.
- Pre approved Expenditure Batches created in Project costing have Different Events like Labor, Miscellaneous ans Usage costs. the Corresponding Accountings are created and Posted to GL. Example : While labor cost is created the Accounting Entries are Labor Cost A/c Dr to Labor cost Clearing A/c Cr , Similarly For