Fixed Assets is an important part of the accounting. It is usually one of the areas that are implemented in SAP, and often it goes in the same phase as all other Core Finance components: General Ledger, Accounts Payable, Accounts Receivable. You often need to transfer data from the old (legacy) system to SAP. This […]
Read MoreMany companies using SAP need to run Assets accounting. When an asset is being physically created, the company needs to account for costs. These costs often form a part of a balance sheet that is called “Assets under construction”. SAP gives you an option to to accumulate costs of Assets under Construction (AuC) on the […]
Read MoreA Trade Asset is an equipment made re-operational in the trade to generate demand for the goods. Trade Assets facilitate the selling of finished goods, in addition to preparing it for utilization. They are sold, rented, leased or given to customers on loan. Trade asset is an expensive proposition for a company due to a […]
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Dmitry Kaglik
September 5, 2016
SAP
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