Fixed Assets - EBS (MOSC)

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Clearing Accounts in FA Book

edited Oct 31, 2019 3:47AM in Fixed Assets - EBS (MOSC) 1 commentAnswered

Hi Team,

I have Questioned on FA Clearing Accounts at FA Book level. in EBS R12

1) Why would a company use the same clearing account as gain/loss?

2) Why would we not want to use different accounts for each to track the amounts clearly in GL?

Regards

Pavan

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