Cost Management - EBS (MOSC)

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Profit in Inventory or Inter-Org Profit Account

edited Jun 24, 2011 7:00PM in Cost Management - EBS (MOSC) 4 commentsAnswered
 What type of account is the PII or IOP account ? It says profit so I assume it to be a P&L Account. But since it will have a debit side entry it seems like it will be a Asset account.
Also how would you eliminate the balance against this account at end of the month. The oracle whitepaper is confusing.

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