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 statement, 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 Entitlement Category:
- Help entitlement. A category defines exactly the basis for entitlement. Such a basis may be: Signing a contract Being responsible for the portfolio or customers A contractual agreement between a direct elimination of ic profit/loss in transferred assets (fi-lc) definition.
- Manual Empties Receipt:
- Help Admission of empties into the warehouse in the goods receipt process elimination of ic profit/loss in transferred assets (fi-lc) explain.
- Manual External Capacity:
- Help capacity of a resource in SAP APO that is determined directly from the capacity data in SAP R/3 (or another external OLTP system). If an external capacity is assigned to a resource, no other settings elimination of ic profit/loss in transferred assets (fi-lc) what is.
- Manual Eurozone:
- Help made up of the European countries that will switch completely from individual currencies to the single Euro currency starting 01 Jan 2002. The first twelve countries are Austria, Belgium, Finland elimination of ic profit/loss in transferred assets (fi-lc) meaning.
- Manual Exercisable Awards:
- Help Number of vested awards that are still available for exercising (vested awards minus exercised awards elimination of ic profit/loss in transferred assets (fi-lc) abbreviation.
