So loss on foreign currency valuation unrealized account return to balance sheet adjustment account. So this balance sheet adjustment account is nothing but that will be nullified. And, because now since there is a increase in the exchange rate, I need to book this expenditure because I need to [...]
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So I’m going to maintain separate books of accounts, Doctor Reddy Labs Bulk drugs, Doctor Red Labs Pharma. In the books of Doctor Reddy Labs Bulk Drugs, I’m going to open Doctor Reddy Labs Pharma account, Intercompany account. So one account I’m opening for other company code [...]
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So previously, we talked of 3 scenarios. All these three scenarios are also given in the notes. So admin building and, acquired on 01.04 and acquisition value is 22 lakhs, depreciation provided up to 30.09 at 55,150,150. The balance value is this much net book value is on 30.09. And scenario 1, [...]
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So we are going to acquire the asset. For acquiring the asset, Accounts Payable, Fixed Assets, Posting, Acquisition. This is External Acquisition. Why specifically it is stated as external acquisition? Because asset can be developed within house also. Say, for example, in my factory premises, [...]
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So under depreciation, we have multilevel method. So yesterday, we have created multilevel method key, multilevel method means nothing but, that’s what we have discussed. At different levels, we can have different depreciation percentages also. We can have separate percentages. So in the [...]
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So we need to assign the GL accounts. For the GL account that whatever you have created in yesterday’s class, all those things we are going to integrate with asset accounting. The path is going to be financial accounting (new), asset accounting, integration with general ledger accounting, [...]
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So yesterday, we have created account determination screen layout rules. So DRAUBULA, and select the screen layout tools we have created yesterday. And after creation of screen layout rules, define number range interval. This number range interval is going to be used for the purpose of creating [...]
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So on the other day, we were going through the basic introduction about asset accounting. And, so what I told you, account determination. The main assets which you see in the balance sheet are called account determination, land, buildings, plant and machinery, furniture and fixtures, vehicles, [...]
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We are looking at the integration that has already been done for a company called 1000 company code and chart of accounts is INT chart of accounts. See, our company is Doctor Reddy Lab DRL. DRLB is our company code, and DRCA is our chart of accounts. Similarly, in SAP the standard company codes [...]
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Integration between FI and MM, so I told you that different types of materials will be there material type, ROH, etc. Each material type will be again given a valuation class. Valuation class is a component which is going to make the system to post the accounting entries through this valuation [...]
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