Monday, December 22, 2014

Clearing account concepts - Microsoft Dynamics AX 2012

Clearing Account (definition)

Clearing Account as a temporary account containing costs or 

amounts that are to be transferred to another account.  

These types of accounts are referred to as "clearing 

accounts" because their balance is meant to "clear" itself out 

to zero periodically (e.g., daily, monthly, or yearly).



In case of Payroll Module, we need to setup Payroll Clearing 

Account in


Payroll > Setup > Payroll Parameters > Calculation Settings

In the tab of accouting settings set the Payroll Clearing Account

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