CORRECTION PERIOD title: correction period (RE) (SAP Library - Glossary)
CORRECTION PERIOD category: Real Estate Management (RE)
CORRECTION PERIOD explained:
Under German law, the time period in which the input tax deduction of an asset is corrected depending on economic conditions (option rates).
This is performed in accordance with the German tax law § 15a UStG. The correction period is a maximum of 120 months for properties and buildings.
More terms such as correction period in Dictionary C.
- Manual Customer Relationship Management:
- Help processes involving direct customer contact throughout the entire customer relationship life cycle - from market segmentation, sales lead generation and opportunities to post-sales and customer correction period definition.
- Manual Capitalized Profit:
- Help The difference between the inventory from which revenue can be generated and the capitalized costs. The capitalized profit is calculated using results analysis correction period explain.
- Manual Confirming Bank:
- Help A bank in the exporter's country that guarantees payment of a letter of credit when documents are correct and presented on time. The confirming bank is also called the advising bank correction period what is.
- Manual CIF Error Handling:
- Help errors that occur during the transfer using queued remote function calls (qRFC) and the APO Core Interface (CIF) can be recorded and postprocessed. For CIF error handling, the system records each correction period meaning.
- Manual Confirmation (CRM-IM-IPM):
- Help A report made by the licensee and defined in the rights sale contract on sales volumes or other quantities (such as audience figures for a film) during a period correction period abbreviation.
