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EHP4 for SAP ERP 6.0 June 2009 Englishnesses Acquisition for Constructed Assets (164) Business Process Documentation SAP AG DietmarHoppAllee 16 69190 Walldorf Germany SAP Best PracticesAsset Acquisition
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01
To fill out constructed assets 164, follow these steps:
02
Start by listing all the constructed assets that need to be accounted for.
03
Provide a detailed description of each constructed asset, including its purpose, location, and any other relevant information.
04
Specify the date when each constructed asset was completed.
05
Determine the cost of each constructed asset, including any materials, labor, or other expenses incurred during construction.
06
Calculate the depreciation or amortization of each constructed asset based on its estimated useful life.
07
Include any additional documentation or supporting evidence related to the construction process or costs.
08
Double-check all the information provided to ensure accuracy and completeness.
09
Submit the filled-out constructed assets 164 form to the appropriate authority or department for review and approval.

Who needs constructed assets 164?

01
Constructed assets 164 may be needed by:
02
- Construction companies or contractors who need to document their constructed assets for accounting and reporting purposes.
03
- Government agencies or regulatory bodies that require construction companies to provide detailed information about their assets.
04
- Financial institutions or lenders who need to assess the value of a construction project or collateral.
05
- Insurance companies that need to determine the insurable value of a construction project or assets.
06
- Auditors or financial analysts who analyze construction companies' financial statements and need information about their constructed assets.
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Constructed assets 164 refer to any fixed assets that have been built or assembled by an entity for its own use.
Entities that have constructed assets 164 are required to file the necessary paperwork with the appropriate authorities.
To fill out constructed assets 164, entities need to provide detailed information about the construction process, costs incurred, and the final value of the assets.
The purpose of constructed assets 164 is to accurately reflect the value of fixed assets that were built or assembled by an entity.
Information such as the construction costs, date of completion, useful life, and depreciation method must be reported on constructed assets 164.
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