What is asset class? What are depreciation areas?
- 12 Answers
- 63354 Views
- HP, I also Faced
- E-Mail Answers
Answer Posted / venkat
Asset classes are the most important means of structuring
fixed assets. You can define an unlimited number of asset
classes in the system. You use the asset classes to
structure your assets according to the requirements of your
enterprise. Asset classes apply in all company codes. The
asset class catalog, therefore, is relevant in all company
codes in a client. The preceding is also true when the
company codes have different charts of depreciation and
therefore different depreciation areas.
| Is This Answer Correct ? | 38 Yes | 12 No |
Post New Answer View All Answers
What are the 3 gaps that you must have faced during implementation?
Why financial statements are important for any business?
Explain the use of direct or indirect quotations?
What is operating concern in co-pa? : co-pa
In Validation ob28 i cant assign more than one validation the error is already existing the same company code?
If there are two company codes with different chart of accounts how can you consolidate their activities?
What is a line item? : fi- general ledger
What are the steps to be taken before you execute an actual costing run?
How do you calculate the due date of a document?
Explain ‘financial accounting (fi)’ in sap.
What is the main control parameter for settlement?
What is the difference between "costing based" (cb) and "account based" (ab) co-pa ?
How do perform variance calculation in period end closing? : cost center accounting
While we are doing data migration, how you upload partially closed invoices.
What is the difference between the chart of account view and company code view when maintaining a gl account?
