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Former Member
May 18, 2010 at 05:30 PM

offsetting posting

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Hi friends,

I have one doubt.

*In General ledger accounts are kept with open item management if you need to check whether there is

an offsetting posting for a given business transaction.*

what the above statement means.

can some one practicallly give the over view why there will be problem in case i will not set for a paticular type account?