Cash Discount Clearing account?
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..
Edited by: Giri dharan on Oct 14, 2008 12:23 PM
Just names a few for other clearing account in B1, it may not apply to you:
Expense Clearing Account
Down Payment Clearing Account
Freight clearing accounts
Actually, you can have your own clearing account if you need too.