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Mar 16, 2012 at 04:08 PM

Accounts Receivable

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Hi,

As per my understanding, when a billing document is created, the revenue account is determined and the revenues are posted to an account which is of a P&L statement account type.

The question is, can the account (in which the revenue is getting posted to) be of a Balance Sheet Account type. We have a requirement where the revenue needs to be posted to a Balance sheet account. Is it possible ?

Please let me know if you need any more information.

Thanks.