Re: IHC BCA clearing account not being cleared

Hi

Thanks for verifying this IMG object and convincign me that BCA clearing acount should not be cleared in this way.

So going back to my original argument, from accountant point of view, the Payment request clearing account (Debit balance) created by F111, must be creditted and accounted for as the amount owned by your subsidiary. If BCA clearing CA is zero, this would create an inconsistency in your financial accounting from my viewpint at the time you execute GL transfer. I would normally run daily and F.13 to clear based on the posting date in GL account.

Maybe the book refere to these internal IHC transfer

IHC1ID - manual Internal debit memo

IHC1IP - manual Internal transfer

in the case where IHC would like to see the investment into subsidiary to broker (unlikely??) or anything.

cheers.

taro