In business administration and accounting, a fixed asset in SAP Business One (fixed assets) is a durable good that a company uses for its business activities over a longer period of time. Typical examples are machines, buildings, vehicles or patents. In the context of SAP Business One, an integrated business software for small and medium-sized companies, fixed assets play a central role in the Asset Accounting module.
Administration in SAP Business One:
In SAP Business One, each fixed asset is represented by a detailed asset master record. This contains important information such as the asset number, the description, the acquisition costs and the associated depreciation schedules. The asset accounting in SAP Business One enables companies to efficiently track and value their fixed assets and manage the associated costs. Depreciation to manage.
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