Procurement - EBS (MOSC)

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Difference between Expense Account & Enmcumbrance account?

edited Feb 20, 2013 2:36AM in Procurement - EBS (MOSC) 7 commentsAnswered
Dear Experts,

What is the difference between the Expense account and Encumbrance Account in subinventory Accounts? We are at R12.1.3 and using Encumbrance (Budgeting).

Regards,
Jahanzeb

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