Answer / pankaj

No any accounting principle supports this kind of
scenarion.. Let us say about India. In India companies act
1956 and income tax rules advices that an asset should be
depreciated with either or one method up to its usefull
life. Either straight line method or declining balance
method. So no question arise of customization.

Guys can clear this superior to their CA or CWA people.

Think for moment that scenario is been configured now how
books will be managed and what financial statements will
see at the time of submitting to goverment ? how will you
segregate those all amounts which belongs to which methods ?

In short @ end it is not possible.

Answer / dhanalakshmi

It is possible with New Ledger Concepts. Most of the
companies are MNC, so there is difference between the Low
Value asset and depreciation option. For Eg, in India it is
5000 as LVA. but in USA it is $1000 (eq.50000). Two options
possible, you can post at GL lable wise manual entry for
India books. Or else, you need to create two GL Accounts
for the depreciation posting and need to map with X & Y
concepts in Retained Earnings accounts. So that for group
level accounting and another for company code (local gapp.

While creating depreciation GL two accounts so that it will
implicate in AM Books and also in GL Books.

Answer / ram mohan

There is no customization required, u have to create one more
asset master record in fa and apply the required dep key, and then do the partial transfer within the company code (tcode-ABUMN.

Reconciliation Ledger?

11 Answers  

---

What are the major components of the chart of accounts?

0 Answers  

---

Hi Is it that Dunning is Created at COA level or Company code Level.

5 Answers  

---

can any one explain about Report Painter?

2 Answers   IBM,

---

"Special GL indicator F is not defined here" 

2 Answers   NTT Data,

---

---

while doing sap implementaion what is the role of a SAP FI consultant and how to make sure that the configuration is going well...?

2 Answers   Infosys,

---

While we are doing data migration, how you upload partially closed invoices.

0 Answers   IBM, Infinite Computer Solutions,

---

What is a mixed cost? : co- cost center accounting

0 Answers  

---

Kindly give me suggestion about Dunning for Vendors how can do the Vendor dunning, kindly provide the one by one required steps…

3 Answers  

---

Explain dummy cost center

0 Answers  

---

How are tolerance group for employees used?

0 Answers  

---

What are the kinds of assets in sap? : fi- asset accounting

0 Answers  

---