ELIMINATION OF IC PROFIT/LOSS IN TRANSFERRED ASSETS (FI-LC) title: elimination of IC profit/loss in transferred assets (FI-LC) (SAP Library - Glossary)
ELIMINATION OF IC PROFIT/LOSS IN TRANSFERRED ASSETS (FI-LC) category: Consolidation (FI-LC)
ELIMINATION OF IC PROFIT/LOSS IN TRANSFERRED ASSETS (FI-LC) explained:
The following eliminations must be made in the consolidated financial statements, when an asset is transferred between two companies within a subgroup:
Elimination of the asset retirement at the retiring company and the elimination of the asset acquisition at the receiving company Elimination of the calculated intercompany (IC) profit or loss with an effect on net income Depreciation adjustments to the IC profit or lossThe IC profit or loss is calculated as the difference between the gain from retirement and the retirement book value.
More terms such as elimination of IC profit/loss in transferred assets (FI-LC) in Dictionary E.
- Manual End Date Tickler:
- Help created exclusively to accommodate the processing of a tickler process. An end-date tickler reminds the system of the end date when certain actions need to be performed to complete the process elimination of ic profit/loss in transferred assets (fi-lc) definition.
- Manual Event (IS-A-DBM):
- Help that is triggered either directly by the user or an external interface, or indirectly, for example when a new order is created or new items are added to an existing order. An event can determine one elimination of ic profit/loss in transferred assets (fi-lc) explain.
- Manual Express Confirmation:
- Help Confirmation without changes that can be posted directly in the application 'Check Status'. The system automatically posts the confirmed quantity that is currently open elimination of ic profit/loss in transferred assets (fi-lc) what is.
- Manual Extended SNP Production Horizon:
- Help which Supply Network Planning (SNP) does not plan production; that is, does not create any SNP planned orders. SNP moves production to the first day after this horizon. This horizon is an extension elimination of ic profit/loss in transferred assets (fi-lc) meaning.
- Manual Expected Event Profile:
- Help Template that makes it possible to automatically create expected events for an event handler elimination of ic profit/loss in transferred assets (fi-lc) abbreviation.
