A financial asset or the value of a financial asset, such as cash or goods. Working capital is calculated by taking your current assets subtracted from current liabilities - basically the money or assets an organization can put to work. |
Money spent by a business or organization on acquiring or maintaining fixed assets、 such as land、 buildings、 and equipment. |
Techniques, which can help improve the flow of cash, reduce excess balances, and increase interest earned. Cash concentration collects all available funds into a single account, while disbursement is controlled so that cash can be fully invested during the day. |
The revenue or expense expected to be generated through business activities (sales, manufacturing, etc.) over a period of time. |
Chained document is only generated if the vendor company has signed a receivable assignment agreement and the customer company has signed a power to pay agreement with CICC. It's a transaction by which CICC automatically releases a power to effect payment on behalf of the customer during an intercompany transaction. In this case、 the payment is settled via IA and never via bank accounts. |
An organization's list of accounts used to record financial transactions |
A cost object is something to which costs are assigned. Common examples of cost objects are: product lines, geographic territories, customers, departments or anything else for which management would like to quantify cost. In SAP cost objects are expressed as cost centers, orders or WBS elements. |
An accounting entry that may either decrease assets or increase liabilities and equity on the company's balance sheet、 depending on the transaction. When using the double-entry accounting method there will be two recorded entries for every transaction: A credit and a debit. |
Current assets are those that will be converted to cash within one year. Typically、 this could be cash、 inventory or accounts receivable. |
|