NONMONETARY ITEM title: nonmonetary item (FI) (SAP Library - Glossary)
NONMONETARY ITEM category: Financial Accounting (FI)
NONMONETARY ITEM explained:
An asset or liability whose value fluctuates according to market conditions and is therefore affected by inflation.
Example
Land, fixed assets, and stock investments are all considered to be nonmonetary items because although their value can be expressed at any given time in any currency, their true value fluctuates according to market conditions.
More terms such as nonmonetary item in Dictionary N.
- Manual NIP Number (FI):
- Help A tax number, in Argentina, assigned by the provincial tax authorities to legal persons nonmonetary item definition.
- Manual Notch Element:
- Help A UI control (element) like a tab that has a small indentation on its edge nonmonetary item explain.
- Manual Netting Document:
- Help Document in Exchanges used for netting purposes (i.e. for combining financial items representing claims and liabilities that you have with respect to your exchange partner nonmonetary item what is.
- Manual Night Shift:
- Help schedule characterized by nighttime work. The night shift is an element of the shift operation working time pattern. Night work can cause various types of problems due to the changes required in nonmonetary item meaning.
- Manual Numerator:
- Help A function that automatically creates internal successive numbers of items and documents. These numbers cannot be changed manually nonmonetary item abbreviation.
