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What is Auto Accounting in Receivables?

Answer Posted / srinibas

Auto accounting is an functionality in receivable which
creates accounting code combination automatically when we
compete an transaction in receivable,
It create code combination for revenue /ac,
receivablea/c,tax,unbilled receivable,unearened revenue
etc .for this we have to set up auto accounting all of
these accounts to define from which source these account
will extract value for eac segment

Is This Answer Correct ?    21 Yes 1 No



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