Capitalization in Asset Accounting
Posted by Root on 9 January, 2012
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Problem: I have to come up with a solution in order to capitalize assets in 2 different accounting principles. 1- following IFRS requirements and 2 – Local requirement. Solution: 1. If you determine these costs from the cost center then you can have different (assessment cycle) postings and then accordingly capitalize the same. 2.You can create [...]