Waht is depreciation key, Deprecation area and assets class.
Answer Posted / biswajit
Depreciation Key: Depreciation is calculated using depreciation key. Depreciation key contain all the control information defined for the calculation of planned depreciation. Depreciation key are defined at chart of depreciation level.
Depreciation Area: The fixed assets are valued differently for different purpose. SAP manages these different valuation by means of depreciation area. it is a 2 digit code. the depreciation area contain the depreciation term which you have to assign into asset class or asset master data. Depreciation area decides hoe and for what purpose an asset will evaluated.
Asset Class: This define the types of assets(like Land, Machinery, building etc.). Asset class is linked between the asset master record and and relevant account in GL account.
The account determination in the gl account enable you to post transaction in relevant GL account.
| Is This Answer Correct ? | 8 Yes | 1 No |
Post New Answer View All Answers
please send to me product costing fags. my email id abburi.bhaskar@gmail.com
what is difference between primary distribution and secondry distribution of cost in a cost centre
What are the master data pre-requisites for document clearing?
How do you release blocked invoices for payments? : fi- accounts payable
What is a company code, and how is this different from a company?
Relation between a controlling area and a company code?
How we manage Cheque Management Systems in SAP?
How did you do Stranded Cost estimate?
How do you maintain the number range in production environment? Do you directly create it in the production box or do you do it by means of transport?
What are the objects can archive in the SAP system and how for Finance Module ?
What are the standard stages of the sap payment run?
What role does sap play in the open source scene?
Explain about fi organizational structure?
What are the benefits of a data quality solution?
What is a mixed cost? : co- cost center accounting