General Ledger - EBS (MOSC)

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Net Income Account should be not posted Balance sheet account

edited Jan 18, 2011 2:37AM in General Ledger - EBS (MOSC) 1 commentAnswered
 I am defining ledger with Daily Average Balance, but unable to define Net Income Account.

It always says it should be Balance sheet account, I am giving the natural account value with Allow Posting Flag "No" and account type Owner's Equity. What is the correct way of defining this account.

thanks

makar

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