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What account type should I create for an account like 'Accumulated Depreciation' which is a credit account in the balance sheet under fixed assets?

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Internal type should be set to "normal"

Account type should be set to "assets"

As per the standard chart of accounts that came with my installation on Saas mode

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On my default installation on odoo16 Saas, the type was set as Prepayment instead of assets

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