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This discussion is archived
: May 20, 2010 9:25 AM by
Purpose of Fixed Asset Clearing Account
May 20, 2010 9:25 AM
could any one explain me the Purpose of Fixed asset clearing Account in SAP.
we are follwing below process:-
Debit Fixed asset holding account - 2099020
Credit Vendor Account
(Process the above entries at the time of invoice received)
Credit Fixed asset holding account - 2099020
Debit Fixed asset clearing account - 2099099
(Process the entries based on the Memo received from vicky balance will be moved from Fixed asset holding account - 2099020 to
Fixed asset clearing account - 2099020)
Credit Fixed asset clearing account - 2099099
Debit Asset Account
(Proces at the time of asset creation)
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