Contra account in FA

[Former Member]

Hi

Please explain about Contra account

In T.code AO90, system explain:

This is the contra account for an asset acquisition posting, provided the posting was not an integrated posting with Financial Accounting.

But when I enter transaction "External Acquisition asset":

Acquisitionasset> Posting> Acquisition> External Acquisition > u2026Acqui. W/automatic offsetting entry

I see contra account still appear on GL? Why is so that?

Please help me. Thanks.

Ngocpt

[Former Member]

Depends on the scenario, usually we leave it as blank becoz upon performing F-90 we will complete the entry of Dr FA Cr GL. But if you leave it blank then this acct will extract from the contra acct. I believe its becoz of those initial implementation where the FA is a control acct so we cant post direct so we have to post to this contra acct. Then upon entry using F-90 in detail per asset , this contra acct will be zerorised.