1.

Name Three Ways Of Posting Acquisition Cost To A Fixed Asset Master?

Answer»

There are many ways of booking APC to fixed ASSET RECORDS including:-

  •  Via F-90 – Acquisition with Vendor.
  • ABZON – Acquisition with AUTOMATIC offsetting entry.
  • ABZP – from affiliated company.
  • From settlement of an asset under construction (AIBU).
  • From goods RECEIPT (or invoice receipt depending on system setup) relating to a purchase order.

There are many ways of booking APC to fixed asset records including:-


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