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While using SAP,the purchasing manager must notify the corresponding suppliers after each purchase order has been saved.
Fixed Asset
A long-term tangible piece of property that a firm owns and uses in its operations to generate income.
Book Value
The net value of a company's assets minus its liabilities and preferred stock, reflecting the amount that shareholders would theoretically receive if the company was liquidated.
Market Value
The up-to-date price at which transactions for assets or services are conducted in a marketplace.
Building Account
An account used in accounting to track the costs associated with the construction or purchase of a building.
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