Fixed Assets - EBS (MOSC)

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FA-Grant Asset-Expense Account

edited Dec 24, 2015 11:25AM in Fixed Assets - EBS (MOSC) 6 commentsAnswered

Hi Guys,

Can you please advise,

As per Statement of recommended practice (SORP) for social housing, Grant depreciation should be allocated to Income code (Revenue).

Question

How can we do this (apart from doing a journal at month end) as FA doesnot allow any other account except Expense (while setting up categories) ?

regards

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