I have activated New GL - Document Splitting and trying to post various transactions to see if docs are splitted correctly. When I post Invoice without any tax, Its splitted correctly, and I did payment also successfully.
I understand if expense and Revenue a/cs, we can give account assignment - Cost Center, thereby it will be inherited to Balance Sheet A/cs.
my doubt is when you purchase an Asset, both the accounts involved are Balance Sheet A/cs, Vendor A/c and Asset. In this case, where we give Account Assignment?