on 08-24-2009 6:43 AM
Hi Experts,
Please explain the process of Asset Billing?
Regards,
Ashutosh
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Hi,
As for as sale of fixed assets are concerned which happens very rare, these can be classified as
Retirement of Assets may be be with some profit or loss or Sale of Scrap Assets. The sale of
assets are done through asset management area as during these transaction, the depreciation,
accumulated depreciation, loss or profit on sale of assets are simultaneously calculated and posted
by the system. As these are managed seperately outside MM area (not as an Inventory), they
are normally not covered through SD billing procedure. I hope I am right what you have asked.
Regards,
Sadashivan
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