FI CO (Financial Accounting & Controlling)
FI CO (Financial Accounting & Controlling) Forum
May I know What is the Business Process Model for Asset Accounting?
Please share your valuable thoughts.
Thanks in advance.
To the best of my knowledge, during requirement gathering work shops with the Client before preparation of BBP of AA, we need to get information from the client regarding classification of assets, types of depreciation calculation, what areas to be updated to GL, dependent depreciation areas and other key parameters, altogether which is called a Asset Accounting Model for that specific client. This model may be same or different from client to client.
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