ADJUSTMENT TO NET INCOME (FI-LC) title: adjustment to net income (FI-LC) (SAP Library - Glossary)
ADJUSTMENT TO NET INCOME (FI-LC) category: Consolidation (FI-LC)
ADJUSTMENT TO NET INCOME (FI-LC) explained:
An adjustment to net income occurs when a posted entry between accounts in the income statement and balance sheet leads to an imbalance in these financial statements.
The system calculates the discrepancy, and then posts an automatic balancing adjustment. The type of entry depends on how retained earnings are handled:
When stating the appropriation of retained earnings at the end of the income statement, an adjustment to retained earnings occurs. When stating the appropriation of retained earnings in the balance sheet, an adjustment to annual net income occurs.More terms such as adjustment to net income (FI-LC) in Dictionary A.
- Manual Available Function:
- Help Process, which is available for an object (such as point of delivery or connection object) in the IC WebClient adjustment to net income (fi-lc) definition.
- Manual Absolute Valuation:
- Help Valuation of the entire value of a business object, such as a customer contract, from the organizational viewpoint adjustment to net income (fi-lc) explain.
- Manual Aggregate State (LE-WM):
- Help The characteristic form of a material. Aggregate states are used for classifying materials in the hazardous material record. Agregate states include: Solid Liquid Gas adjustment to net income (fi-lc) what is.
- Manual Assessment (IS-HER-CM):
- Help process used to monitor and valuate the academic work which a student must complete to successfully complete the module, study segment, or program. An assessment is described in several process steps adjustment to net income (fi-lc) meaning.
- Manual Activity (CRM):
- Help record information resulting from interaction between business partners during the customer relationship life cycle. Activities are subdivided into business activities and tasks. They include adjustment to net income (fi-lc) abbreviation.
