The form for today is Capitalization. The details regarding this form is as follows: -
Form Name & Number: - Capitalization & 163
Form Overview: - When you acquire an asset for the first time, using a capitalization document, you must create the document for all depreciation areas. For subsequent acquisitions, you can create the document for a specific depreciation area. SAP Business One lets you create a capitalization document for multiple assets. Once you add the document, the system creates a journal entry for each Posting to G/L depreciation area associated with the assets. In the journal entry, the asset balance sheet accounts are debited and the acquisition clearing accounts are credited.
Transactions & Activities: -This form is used to do the following activity: -
Capitalization of an Asset. (Creates a journal entry debiting the asset balance sheet accounts.)
