Interested to Buy Any Domain ? << Click Here >> for more details...
WHAT IS ASSET DEPRECIATION RUN? TELL ME IN DETAILED.
- 3 Answers
- 21882 Views
- FICO, Infodart, I also Faced
- E-Mail Answers
Answer Posted / m
A continuation to the explaination provided above
The assets are on the balance sheet and so when they fall in
value, that's an expense for the company - the 1,000/yr in
the example above.
The asset depreciation run will generate an accounting
transaction to lower the value of assets as maintained in
the asset account and charge that to an asset depreciation
account - en expense. Even though no cash flow is involved,
this transaction lowers the profit (incr loss) of the business.
| Is This Answer Correct ? | 13 Yes | 0 No |
Post New Answer View All Answers
What is our role in production support and post implementation support as a fico consultant?
What is an activity price calculation? : co- cost center accounting
What do you mean by period based accounting (gl based) and cost of sales accounting (copa based)? Period based accounting? : co-pa
You want to run a payment run. Which dates would you take into consideration?
Hi all see the problem is, suppose i sold goods to customer 10 units @ 120 & my COGS (cost of goods sold) is 100 per unit . After that he told me your quality is not good ok & u r charging high 4 that i will pay you only 110 rs for that otherwise i will return ur goods. After that i made 1 credit memo 4 that of rs 10 ok. now the issue is it is also affecting the COGS but it has to remain same And will effect at profit & my profit must be reduced from 20 rs per unit to 10rs per unit & COGS must remain constant i.e is 100 rs
While we are doing data migration, how you upload partially closed invoices.
Explain automatic payment program configuration? : fi- accounts payable
What are the different role of SAP FICO consultant during the different implementation phases of ASAP Road map. and what are the tool and documents he is using ?
In payment term configuration what are the options available for setting a default baseline date?
Explain briefly how you can import electronic bank statements into sap?
How do you post cross-company code business area postings?
Explain reposting in cost center accounting? : co- cost center accounting
What is the importance of good received/ invoice received clearing account?
Can you have multiple retained earnings accont?
Explain cost center accounting? : co- general controlling
