RE:[sap-acct] Special GL Trxs - Down Pmnt on Fixed Asset
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 | Posted by Nikki Klein on May 14 at 6:13 PM |  Mark as helpful |
Hi Glyn
A down payment for Assets is made to a vendor and thus usually posts to the special GL recon account that falls somewhere into the Prepaid Fixed Assets / Vendor Down Payments area. At my current (US) client we have it in the 13xxxx range.
Nikki
---------------Original Message---------------
From: logisch
Sent: Tuesday, May 11, 2010 5:47 AM
Subject: Special GL Trxs - Down Pmnt on Fixed Asset
> Hi all.
>
> If I wanted to make a Down Payment on a Fixed Tangible Asset, would the Special GL account be set up in the Fixed Assets section of the Balance sheet or the Current Assets section of the balance sheet?
__.____._ A down payment for Assets is made to a vendor and thus usually posts to the special GL recon account that falls somewhere into the Prepaid Fixed Assets / Vendor Down Payments area. At my current (US) client we have it in the 13xxxx range.
Nikki
---------------Original Message---------------
From: logisch
Sent: Tuesday, May 11, 2010 5:47 AM
Subject: Special GL Trxs - Down Pmnt on Fixed Asset
> Hi all.
>
> If I wanted to make a Down Payment on a Fixed Tangible Asset, would the Special GL account be set up in the Fixed Assets section of the Balance sheet or the Current Assets section of the balance sheet?
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Nikki KleinSAP Accounting Helper
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