What is asset class? What are depreciation areas?

Answer Posted / seetaram

Asset class:

Asset class:classfying fixed assets in arganisation as per
particular country legal requirements,depending on nature of asset

Depreciation Area:
dep area which shows the valuation of fixed asset for particular purpose.

Is This Answer Correct ?    4 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How to make control on vendor master data (bank account ) . We can validate the changes with transactions FK08 & FK09 in functional menu , but I need the path on Spro guide to customize the changes (bank accounts )

2066


What is "dunning" in sap?

628


How do you configure electronic bank statement?

611


What is a special period?

609


Explain the configurations required for taxes in sap?

616






What are the master data pre-requisites for document clearing?

690


Will the fi document be created with the purchase order (po)? : fi- accounts payable

633


In Validation ob28 i cant assign more than one validation the error is already existing the same company code?

2595


What are special gl transactions? : fi- accounts payable

817


Why it is necessary to block an asset master record? : fi- asset accounting

676


Automatic clearing Ib OB74 based on criteria I have defined document type and account no. and whether it cleared automatically or we have to go to F.13 do test run after that we will clear the document

7250


HI guys i am reently learning sap fico how is the course and i want to know how the sap fico in real time implementation guidelines can any send me how

1577


What are the organizational assignments in asset accounting?

579


Hi Could you please share the process of migration of Classical GL Balances to New GL Balances. What are the actions / precautions we need to take at the time of New GL Migration time.

1650


What is an operating chart of accounts?

666