account code has account type is fixed asset. Is it can use for journal entry for elimination?

AI generated answer (using internal Slack threads):

Based on the conversations, it appears that an account code with an account type of 'Fixed Asset' can indeed be used for a journal entry for elimination. This is because the account code is used to code the bill to a fixed asset account. This account is then set up in the asset type page. The asset proposal should then pick up the bill and create an asset proposal. You should then be able to see the asset proposal and approve or reject it in the manage asset proposal page. It's also mentioned that it's possible to code to a fixed asset account on a vendor bill without the fixed asset management suite if you set your item that way or if you have advanced financial use amortisation templates. When creating an item that will later be considered as a fixed asset, a non-inventory item with the fixed asset account as the expense account is recommended. This is not to be confused with the depreciation expense. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******