Advance Payment Categories
In some countries, businesses are legally required to make a
distinction between advance payments made for these categories.
LN posts
the transactions to the ledger accounts that you linked to the selected
category in the corresponding Ledger Accounts by Business Partner Group (tfacp0111m000) session.
Tangible Fixed Assets
For example, supplies and stocks of:
- Land
- Properties
- Machines
- Equipment
- Advance payments and buildings under construction
Intangible Assets
For example:
- Concessions
- Licences
- Goodwill
- Advanced payments
Inventories
For example:
- Raw materials
- Unfinished products
- Finished products
- Advance payments
Other Assets
For example:
- Shares in associated companies
- Claims and other properties
- Claims on deliveries
- Claims against associated companies