Specforge

Special functions · Asset Recap

The customs valuation ledger that ends the second set of books.

Intercompany shipments invoice at transfer price, but customs assesses its own value — and the gap lives in offline spreadsheets at most multinationals. Asset Recap makes that ledger first-class: assessments captured per shipment, duty variance computed, absorption decided at header or item level, books revalued to the declared value, and the transfer-price true-up fed straight to group eliminations.

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01 · The landscape

What the market has

SAP GTS
Customs declarations, duty calculation, compliance
The gap: Knows the assessed value but never drives the FI revaluation or the group elimination
MIC / AEB / ONESOURCE Global Trade
Trade-compliance suites with SAP connectors
The gap: Declaration-centric; the valuation-to-books loop stays manual
Operational transfer pricing tools (EXA, Longview)
Margin-driven intercompany true-ups
The gap: Don't listen to customs assessments
SAP ICMR / Group Reporting
Intercompany matching + eliminations
The gap: Reconciles what's already booked — somebody still has to book it

02 · Differentiators

Where we differ

  • Owns the seam the big products leave open: customs-assessed value → receiver revaluation → sender true-up → elimination feed, as one auditable flow
  • Item-level truth: deltas split by stock coverage — on-hand revalues, sold units true up COGS, units consumed into production pass the delta onto the capitalized asset
  • Standard-price and moving-average materials behave correctly (PRD vs stock; MR21-style reprice as a deliberate act)
  • Complements GTS: read its outcomes, stop re-keying them

03 · Functionality

What we built

  • Shipment ledger with frozen duty/excise rates at assessment time
  • Header revaluation document set: receiver RV + duty RC, sender true-up TU, reporting-only group elimination EL
  • PO/invoice line drill-down with pro-rata assessment apportionment (penny-exact)
  • MR21-style reprice with a price-change log per material; consumption trace from material to production order to asset
  • Group reporting card: every revalued shipment with the net intercompany true-up to eliminate

See it working — today

The demo runs the complete loop on live data: capture, decide, govern, post, audit. No process change required on day one.

Open the Asset Recap demo

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