assest accounting

[Former Member]

hi this is chandra

i have got doubt why we are assinging non-taxable transcations while assest configuation

[Former Member · Accepted solution]

Hi,

This is required when you develop or construct assets 'In-House', thru AUC and capitalize those assets.

Regards

[Former Member · Accepted solution]

it little bit helpful

with regards/chandra babu

[Former Member]

The system uses this indicator when you post acquisitions that are not subject to tax, but which are posted to accounts that are tax-relevant.

When you purchase materials for assets produced in-house......which expenses are posted through MM automatically to gl account.......and that GL account is tax relevant account...... system input the tax indicator maintained for not taxable transactions against the company code.

[Former Member]

HI,

its helpful answer

with regards/G Chandrababu