What is Fixed-Asset Accounting?
Categories Finance and Controlling Fixed Assets SAP ERP
An asset is basically anything you own or take care of, with an expectation that it will keep…
Purchase Account Management
Categories Materials Management SAP ERP
In some countries, it is mandatory for companies to manage their purchase accounts. However, configuring purchase accounts is…
Material Managament Exam Tips
Categories Materials Management SAP ERP
Purchasing organization types: A purchasing organization is a level of an organization that talks with sellers about how…
What are Assets and Types of Assets?
Categories Corporate Finance Finance
Importance of Asset Classification A business must classify assets. A company's net working capital depends on its current…
Double Entry System of Accounting
Categories Corporate Finance Finance
All around the world, this is the standard procedure for maintaining financial records. In the method of accounting…