Questions:
1) Are some services (or internal activities) capitalized (such as legal costs or consultancy charges)?
A: [ ]Yes
[ ]No
2) Do you activate costs for internal activity using: - Production order - Investment measure - Asset under construction - Direct capitalization - Other?
A: [ ]Yes
[ ]No
3) For reporting, would you like separate capitalized internal activities using different transaction types?
A: [ ]Yes
[ ]No
Processing of Asset Acquisition
Questions:
1) Describe the information flow for asset acquisitions in your enterprise.
A: e.g. PO then invoice
2) Describe your capital procurement requirements.
A: e.g. Budget proposed with commercial elevation - budget approval and PO
3) What types of acquisition occur in your enterprise?
Explanation: Acquisition integrated via invoice receipt/goods receipt (Logistics - Materials Management) Acquisition via goods receipt - accounts payable accounting Acquisition with automatic clearing account offsetting entry.
A: e.g. Net booking
4) Are asset acquisitions posted on a net basis (deducting any discounts) or as a gross amount (discounts are deducted only on payment)?
Explanation: Document type settings: Net document type indicator
A: e.g. Net basis
5) Do you want to show acquisitions to certain depreciation areas differently than you do in the book depreciation area (for example, to fulfill certain cost-accounting, tax or group requirements)?
6) Do you post goods receipt to assets valuated or non-valuated?
A: [ ]Yes
[ ]No
7) Do you want down payments for assets to be shown separately?
8) If using asset sub-numbering, do you want to permit asset acquisitions only to the main number in the year of capitalization, and post all later acquisitions to sub-numbers?
A: [ ]Yes
[ ]No
9) Do you keep a record of costs using acquisitions to the asset under construction?
A: [ ]Yes
[ ]No
10) Do you plan and budget for capital investments in your enterprise? Should assets that are capitalized directly also be included in the planning and budgeting processes?
A: [ ]Yes
[ ]No
11) Which is the procedure from invoice receipt to posting
of capitalization? Outline the different steps.
Subsequent Acquisition
Questions:
1) Under what circumstances do you intend to post subsequent acquisitions to previously capitalized fixed assets?
A: e.g. Major addition, replacement of major parts impairment etc.
