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author's profile photo Former Member
Former Member

Account determination in Treasury, CFM

Dear Experts,

My Client is maintaining 3 G/L accounts for a single house bank

1) end with 0 indicates main account which is assigned in Bank Master record

2) end with 1 for incoming payment

3) end with 2 for outgoing payment.

In IMG under Corporate finance management the following is the setting done

account symbol acct asignment ref g/L account

3(Bank Clearing) 55A200 ++++++++1

this is Ok when the amount is borrowed, but when amount is paid

either interest or principal the outgoing account (+++++++2) need

to be credited but this is not happening. what is the setting I need

to do for the above to happen.

As well as where do I do tax code settings for a G/L account in Money

market, CFM?

Pls advise

Regards

Komal

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    author's profile photo Former Member
    Former Member
    Posted on Dec 19, 2008 at 01:25 PM

    Hi,

    You can define various postings specifications for outgoing and incoming payments. In posting spec for outgoing payment you can define symbol 3.1 with account reference +++2

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