The goods and/or services produced, in-house, can be capitalized into asset(s). But, there are two distinct phases during this process:
Construction phase (AuC)
Utilization phase (useful or economic life phase)
It then becomes necessary to show the assets under these two phases in two different balance sheet items:
The ‘construction phase’ is one in which you start producing or assembling the asset but it is not yet ready for economic utilization. SAP categorizes these kinds of assets into a special asset class called ‘Assets under Construction’ (AuC). Read more →
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Screen Painter is SAP’s standard tool for development within all ABAP based-SAP systems. It allows developers to utilize Drag and Drop technology to design and implement custom screens inside of SAP systems. It is a standard piece of the ABAP development workbench and can be accessed from any ABAP based SAP system via transaction code SE80.
Just like Visual Basic and similar development tools, Screen Painter allows you to lay out the screen visually, and then simply write the code behind it to perform any necessary functions. The code that executes required functionality behind any Screen Painter screen is SAP’s proprietary ABAP. This allows company’s to utilize existing ABAP resources to develop Screen Painter based programs with a minimum of additional training. Read more →
Visual Composer has been a packaged component of SAP NetWeaver 2004 since its release in 2005. SAP has hailed Visual composer as the tool set that “lets IT Specialists and Business Analysts create model-based, flexible applications – quickly, without writing a single line of code. The result is streamlined business processes, lower IT development costs, and satisfied employees and customers.” This is a quite appealing statement as lifting the reliance on programmers and having satisfied employees and customers must be every manager’s dream. However, many questions remain.
What exactly is Visual Composer?
Is it really possible to get away with “no coding” – i.e. should you sack all your ABAP and web programmers?
How does it work?
What are its limitations?
And most importantly what are some of the potential opportunities Visual Composer opens up in your organisation?
This document aims to help you to answer these questions. Read more →