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usage of expense account

hi all,

please tell me usage of expense account.



Former Member
Former Member replied

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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