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Low-value Assets

German Translation

geringfügige Wirtschaftsgüter

Category

Integration Management with SAP R/3

Short Description

An asset for which the acquisition and production costs, less any included sales tax, does not exceed a legally pre-defined amount.
Low-value assets can usually be completely written off within the period in which they are acquired.
[vgl. www.sapinfo.net/glossary (7.02.2002), URL]