Why is the Counterparty XJOURNAL in EU ETS Allowance Invoices?

In the EU ETS Allowance Invoices, the line posted to the XJOURNAL represents the clearance account used to settle the liability for the invoice before the final transfer.

This process ensures that the expense is correctly allocated to the voyage, while the balance sheet is updated to reflect the removal of the allowance from inventory. The XJOURNAL entry serves as an intermediate step to maintain accurate financial reporting and reconciliation.