0 Replies Latest reply on Mar 26, 2015 4:14 AM by User579817-OC

    GRN and Asset Clearing account

    User579817-OC

      GRN

       

      DR Receiving inventory/inspection a/c

      CR AP Inventory Accrual a/c

       

      Delivery

       

      DR Inventory a/c  (  here --define an asset clearing a/c then use mass additions to create the asset)

      CR Receiving Inventory/Inspection a/c

       

       

      I want to know if it is possible to define at item level an asset clearing account instead of an inventory a/c. I want to be able to create an asset through mass additions directly from the GRN instead of raising invoices in Payables. I do not want the item to go to inventory.

       

      Thanks for the replies