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Auto offset method in purchase options

Posted: Thu Jul 10, 2008 6:39 am
by sri.financials
Hi friends,

I am practicing procure to pay. I got a small doubt & little bit confusion.
Could you explain about <span id='hl' style='background-color: yellow'>auto offset method </span id='hl'> in purchase options with an example. what is the base account and overlay account?

Please give one scenario for this with accounting entries.

thanks

gs