Fbcj Cash Paid for Asset Acquisition

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Cash journal process for asset acquisition

Transcript of Fbcj Cash Paid for Asset Acquisition

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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