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Cash Discount Clearing account?

HI

what is the use of Cash Discount Clearing account? where it is reflecting? All ready some of them given answer in our sdn for this but i am not getting there points.They where saying like in AP invoice in accounts tab if 'Net procedure" is activated then this clearing account will come but i am not getting wat is this... so pls tell me the implication of this account.. also wat are the clearing accounts is there in our B1..

Giri

Edited by: Giri dharan on Oct 14, 2008 12:23 PM

replied

Just names a few for other clearing account in B1, it may not apply to you:

Allocation Account

Expense Clearing Account

Down Payment Clearing Account

Freight clearing accounts

Actually, you can have your own clearing account if you need too.

Thanks,

Gordon

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