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 Note Type:
- Help classification of notes (project documentation) for differentiating between notes that have particular types of content. You can define any number of note types such as: Meeting minutes or decisions nonmonetary item definition.
- Manual No Match:
- Help An event that occurs when the system detects user input but the input can't be identified against the set of active grammars nonmonetary item explain.
- Manual Net Position:
- Help multiple positions. The net position is to be calculated for special and general market risks. For special market risk, the net position is calculated from the difference between the long position nonmonetary item what is.
- Manual Nominal Load:
- Help Average load for which a meter is designed under normal operating conditions nonmonetary item meaning.
- Manual Notice Lock Period:
- Help Period that can be contractually agreed in addition to the notice lock period and during which it is not permitted to give notice on amounts or accounts nonmonetary item abbreviation.
