Fixed asset transaction types are simply used to classify transactions. AX gives you the flexibility to provide different posting profiles for each type. There are various regulatory reporting requirements based on the country you operate in and your type of business. The various transaction types for adjusting asset valuation just give you options for grouping transactions. From a finance perspective there are subtle differences between an acquisition adjustment and a revaluation (i.e. write up or write down).
—————————— Kaare Boraas Solution Delivery Manager PCL Constructors Inc. Edmonton AB —————————— ——————————————-
Please note:
This action will also remove this member from your connections and send a report to the site admin.
Please allow a few minutes for this process to complete.
Report
You have already reported this .
Welcome to our new site!
Here you will find a wealth of information created for peopleĀ that are on a mission to redefine business models with cloud techinologies, AI, automation, low code / no code applications, data, security & more to compete in the Acceleration Economy!