on 01-09-2019 10:00 AM
Dear all,
I have captured assets opening balances using the capitalisation document. the transaction debited the asset account and credited the asset clearing account. How do i clear the asset clearing account or at what point does the clearing account clear?
Regards
Normally, acquisition clearing account is debited on AP invoice, then cleared on capitalisation document. If you are transferring opening balances, then I think it would be best if you cleared acquisition account manually in journal entry.
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