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Reply from V_Shaker on Dec 29 at 12:44 AM Absolutely boss, this happens for both debit and credit. This will not be
found in entry view, but in gl view you can check this. Zero balance a/c
checks for the auto generated/additional line items that are created
especially tax,discounts etc which do not carry a determination and
generally appear once a transaction is posted. So in order for them to
balance out, zbc ac acts as catalyst and holds the unbalanced entries as
per the profit centre inherited from the first line item or as per the
splitting method adopted. Once the profit centre is determined it creates
additional entries for those line items as per the determination.
Regards
shekhar
| | | ---------------Original Message---------------
From: Niranjan Yandamuri
Sent: Wednesday, December 28, 2011 9:45 AM
Subject: Zero-Balance Clearing
Thanks, Shekar.
The example you have given and the accounting entry I have got are the same.
After document split happened at F-53, I have got the below entry in my system.
25 Vendor PC1 1500
25 Vendor PC2 500
50 Cash PC1 1500
50 Cash PC2 500
I will put across my understanding re ZBC below.
Please correct it if its wrong.
As your document is balanced for the characteristic "Profit Center", It did not create any additional line items, using ZBC A/c. Otherwise, Additional line items would have been created.
ZBC A/c gets triggered only when document is not balanced. Only in such a case, Additional lines will be created.
Thanks,
Niranjan |
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