What is asset class? What are depreciation areas?
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Answer Posted / sandhya
Every Asset in sap is known as an Asset Class.eg) Land is
known as an Asset class.Each Asset Class is identified using
an Asset Determination Number. These asset determination
numbers are system defined.Except for 1100 and 3100
(Buildings and vehicles) which are user defined.
Depreciation Area = Depreciation method + depreciation key
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