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Re: Problem with differentional procedure for interest posting

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Hi,

 

If you are using the difference procedure for accrual, the final interest flow should not have posting into P & L, as accruals have already accounted for them,  but would rather post into Balance sheet receivable on interest account to clear those accumulated accrual amount.

 

I think  that you would need to change the account determination for the Interest Flow type to post such a way as

Bank Clearninga ccount/Receivable on interest.

 

hope that this helps

Taro


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