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Object documentationAccount Determination - Setup Window Locate this document in the navigation structure

 

Use this window to define and view different sets of G/L accounts for your fixed assets.

To open this window, from the SAP Business One Main Menu, choose   Administration   Setup   Financials   Fixed Assets   Account Determination  .

Account Determination - Setup Window Fields
Code

Enter a unique code for the set of G/L accounts you are defining.
Description

Enter a description for the set of G/L accounts you are defining.
Asset Balance Sheet Account

Specify the account for the acquisition and production costs of fixed assets.
Acquisition Clearing Account

Specify the clearing account for the acquisition and production costs of the fixed assets.
Revaluation Reserve

Specify the account to which the increase in the asset's value, as a result of revaluation, is posted.
Revaluation Reserve Clearing

Specify the clearing account to which the increase in the asset's value as a result of revaluation is posted temporarily when an asset is sold.
Ordinary Depreciation

Specify the expense account for the ordinary, planned, annual depreciation of fixed assets.
Accumulated Ordinary Depr.

Specify the account on the liability side for the accumulated value of ordinary, planned depreciation. This account is the offsetting account for ordinary, planned depreciation.
Unplanned Depreciation

Specify the expense account for the unplanned annual depreciation of fixed assets.
Accumulated Unplanned Depr.

Specify the account for the accumulated unplanned depreciation of fixed assets.
Special Depreciation

Specify the expense account for the special depreciation of fixed assets.
Accumulated Special Depr.

Specify the account for the accumulated special depreciation of fixed assets.
Revenue from Asset Sales (Net)

Specify the account for the net revenues from asset sales before tax. This account is the offsetting account for the revenue account from asset sales that is specified for sales from the customer account. The net book value and the profits or losses are posted to this account when a sale is made.
Retirement with Expense (Net)

Specify the account to which the net losses resulting from asset sales are posted.
Retirement with Revenue (Net)

Specify the account to which the net profits gained from asset sales are posted.
NBV Retirement Expense Account (Gross)

Specify the expense account for recording the net book value of an asset during retirement.

When an asset with the gross posting method retires with losses, the account records the net book value of the asset during retirement.
NBV Retirement Revenue Account (Gross)

Specify the revenue account for recording the net book value of an asset during retirement.

When an asset with the gross posting method retires with profits, the account records the net book value of the asset during retirement.
Revenue Account for Retirement

Specify the account for the revenue resulting from asset retirement.
Revenue Clearing Account

Specify the clearing account for the revenue resulting from asset sales.

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Account Determination