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Yearly Archives: 2014

Categories

Planned Depreciation Vs. Manual Depreciation

espouseadmin
August 5, 2014

Depreciation: Depreciation is the wear and tear value of the fixed assets due to usage or lapse of time. As per the statutory requirement of …

Currency in SAP – Fixed Assets

espouseadmin
April 18, 2014

Currency in Fixed Asset Accounting is a recurring topic of misunderstandings. The following explanations usually apply to all postings to Fix…

Accounting Entry in SAP

espouseadmin
April 17, 2014

The double-entry bookkeeping system was codified in the 15th century and refers to a set of rules for recording financial information in a fi…

Chart of Accounts

espouseadmin
April 17, 2014

A list of Account name & number used in a company’s general ledger to record day to day transactions. A company need to publish its sta…