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    Cash Paid For Asset Acquisition

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    paiashok
    This document provides instructions for recording a cash payment for an asset acquisition in the cash journal. It outlines using transaction codes FBCJ and F-02 to post the payment and capitalize the asset by crediting a clearing account. It notes this will create open items in the clearing account that must be cleared manually using transaction code F-03 or alternatively, transaction code F-04 can be used to directly clear the clearing account when posting the capitalization entry.

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    Cash Paid For Asset Acquisition

    Uploaded by

    paiashok
    20 views11 pages
    This document provides instructions for recording a cash payment for an asset acquisition in the cash journal. It outlines using transaction codes FBCJ and F-02 to post the payment and capitalize the asset by crediting a clearing account. It notes this will create open items in the clearing account that must be cleared manually using transaction code F-03 or alternatively, transaction code F-04 can be used to directly clear the clearing account when posting the capitalization entry.

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    CASH PAID FOR ASSET ACQUISITION.doc

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    This document provides instructions for recording a cash payment for an asset acquisition in the cash journal. It outlines using transaction codes FBCJ and F-02 to post the payment and capitalize the asset by crediting a clearing account. It notes this will create open items in the clearing account that must be cleared manually using transaction code F-03 or alternatively, transaction code F-04 can be used to directly clear the clearing account when posting the capitalization entry.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    20 views11 pages

    Cash Paid For Asset Acquisition

    Uploaded by

    paiashok
    This document provides instructions for recording a cash payment for an asset acquisition in the cash journal. It outlines using transaction codes FBCJ and F-02 to post the payment and capitalize the asset by crediting a clearing account. It notes this will create open items in the clearing account that must be cleared manually using transaction code F-03 or alternatively, transaction code F-04 can be used to directly clear the clearing account when posting the capitalization entry.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 11

    CASH JOURNAL

    NEW BUSINESS TRANSACTION: PAYMENT OF CASH FOR ASSET


    ACQUSITION
    Tr-code: FBCJ

    Post the transaction

    Check the accounting entry

    Now capitalise the asset by crediting Clearing account


    Tr-code: F-02

    THE ABOVE WILL CREATE OPEN ITEMS IN CLEARING ACCOUNT (2070051300)


    WHICH NEEDS TO BE CLEARED MANUALLY (BY USING TR-CODE F-03). REFER
    BELOW:

    OR
    POST THE CAPITALISATION ENTRY BY DIRECTLY CLEARING THIS ACCOUNT
    TR-CODE: F-04

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