Capitalization in Asset Accounting
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 [...]
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Tags: Accounting, asset, Capitalization, FICO, SAP
ABIU or ABUMN
Issue: I am facing problem at 1 client place here at few assets they have posted wrong asset class instead of 1 asset class (posted into another asset class) my doubt is what we have to do we have to settle or we have to transfer.. which one is advisable.. ABIU or ABUMN. which one [...]
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