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Asset Lifecycle Management - PSFT (MOSC)

Significance of Removal Contra and Expense Account.

Dec 11, 2013 4:07PM edited Dec 12, 2013 4:15AM in Asset Lifecycle Management - PSFT (MOSC) 3 commentsAnswered

Hi Team,

Could you please let me know for what purpose do we have the following accounts in Asset Accounting Entry Template,

A. REMOVAL CONTRA Account

B. EXPENSE Account.

Thank you,

Devashish.

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