CASH BASIS FOR VAT ACCOUNTING title: cash basis for VAT accounting (FI-AA) (SAP Library - Glossary)
CASH BASIS FOR VAT ACCOUNTING category: Asset Accounting (FI-AA)
CASH BASIS FOR VAT ACCOUNTING explained:
In cash-based VAT accounting, the liability for VAT arises only when you receive or make the payment or part of the payment. You post the VAT amount in proportion to the payment amount.
More terms such as cash basis for VAT accounting in Dictionary C.
- Manual Calculation Currency:
- Help the calculation takes place. If the calculation is for a bundle that contains multiple currencies, the system translates all the components of the bundle into the specified calculation currency. The cash basis for vat accounting definition.
- Manual Control Symbol:
- Help controls the formatting of data for printing on reports. The following control symbols are used: Repeating group, used to control which data records are read if multiple value assignments exist cash basis for vat accounting explain.
- Manual Consolidated Metropolitan Statistical Area:
- Help consisting of a number of metropolitan statistical areas. The consolidated metropolitan statistical area names and codes can be found in the Office of Management and Budget (OMB) bulletin on Revised cash basis for vat accounting what is.
- Manual Condition Type (TR):
- Help A characteristic of a condition used to classify financial transactions, such as interest and dividends, used to calculate cash flow movements cash basis for vat accounting meaning.
- Manual Capitalization Method:
- Help A method that specifies the basis for valuation used for the capitalization of a fixed asset. For newly acquired assets, the typical basis for valuation is the acquisition and production costs cash basis for vat accounting abbreviation.
