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usage of expense account

hi all,

please tell me usage of expense account.




Hi Rahul,

When we are doing transactions with items that are defined as 'non-inventory', expense account comes into picture. Else, the "inventory" account" will be affected.

We define the "expense Account" in the "Inventory" tab of the "G/L Account Determination" screen. However, depending upon the nature of item or warehouse, we can change the expense account both at item group as well as warehouse screens.

Bharath S

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