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  • Accounting of Sale of Decom Asset ABAON

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    Ranjit Singh
    13 views3 pages
    The document provides instructions for accounting for the sale of a decommissioned asset according to Circular CA-390. It outlines filling in company code and relevant fields in the asset scrapping process screen. It notes that the "Revenue from NBV" radio button should be selected when posting the entry to comply with Circular CA-390 dated April 19, 2018 regarding accounting for sale proceeds from scrapped assets.

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    Accounting of Sale of decommissioned asset in accordance with Circular CA-390

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    The document provides instructions for accounting for the sale of a decommissioned asset according to Circular CA-390. It outlines filling in company code and relevant fields in the asset scrapping process screen. It notes that the "Revenue from NBV" radio button should be selected when posting the entry to comply with Circular CA-390 dated April 19, 2018 regarding accounting for sale proceeds from scrapped assets.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    13 views3 pages

    Accounting of Sale of Decom Asset ABAON

    Uploaded by

    Ranjit Singh
    The document provides instructions for accounting for the sale of a decommissioned asset according to Circular CA-390. It outlines filling in company code and relevant fields in the asset scrapping process screen. It notes that the "Revenue from NBV" radio button should be selected when posting the entry to comply with Circular CA-390 dated April 19, 2018 regarding accounting for sale proceeds from scrapped assets.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    Page 1 of 3

    04.09.2018

    Accounting of Sale of decommissioned asset in accordance with Circular CA-390

    Tcode: ABAON

    Fill Company Code

    -------------------------------------------------------------------------------------------------------------------------------------------------------------------
    BSNL ERP Asset Scrapping Process ABAON
    Page 2 of 3

    Fill all the relevant fields as detailed in the screen shot:

    -------------------------------------------------------------------------------------------------------------------------------------------------------------------
    BSNL ERP Asset Scrapping Process ABAON
    Page 3 of 3

    Check the entry and then post

    Document 0100000034 is posted

    View of the posted document

    Note:
    It must be noted that the radio button of ‘Revenue from NBV’ should be selected for posting the entry as per CA
    Section Circular CA-390 dated 19.04.2018.

    -------------------------------------------------------------------------------------------------------------------------------------------------------------------
    BSNL ERP Asset Scrapping Process ABAON

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