Fiscal Year Change We live in a dynamic world today that is ever changing. Companies are acquiring other businesses or are being acquired. All of these acquisitions present challenges for all companies involved. One key change that frequently occurs is when the parties involved have different fiscal years. This blog will discuss a change that […]
Starting with brief over-view about the process of Lease accounting. Leased asset remains property of the lessor. They are special form of rented asset.This blog covers how Lessee can handle Leased asset in FI-AA. This configuration is from the point of view of Lessee. There are two type of leasing. Capital Lease Operating Lease Capital […]
Additional G/L accounts for Asset Accounting Introduction: This post describes to determine the “Additional G/L Accounts for Asset Accounting” Integration with General Ledger, other than AO90 Account Determination. Integration with general ledger often using the AO90 configuration to determine the G/L Accounts to post the Asset Transactions in Asset Accounting, we use to assign balance […]
