How Clearing accounts knock off for Preapproved expenditure batches and Intercompany Transaction

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How Clearing accounts are knock off for Preapproved expenditure batches and Intercompany Transaction in PPM

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Hi Team,

I have Couple of Accounting related questions for Pre approved Expenditure Batches in PPM and Intercompany labor cost account.

1. 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