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What is the use of Time-dependent-Data in Asset Accounting?

Answers were Sorted based on User's Feedback



What is the use of Time-dependent-Data in Asset Accounting?..

Answer / prasad

All the cost accounting assignment-related data such as cost
center, internal orders or investment projects, etc., need
to be maintained as ‘Time-dependent Data’ in asset masters.
Additionally, the information related to asset shut-down and
shift operation also needs to be maintained as time
dependent. SAP maintains all the time-dependent data for the
entire life span of the assets

Is This Answer Correct ?    4 Yes 0 No

What is the use of Time-dependent-Data in Asset Accounting?..

Answer / jayaprakash n

The validity date ( from) is given in the asset master data
for the cost objects like, business area, cost center,
internal order and for plant, location etc. The validity
date of these will be changed when the asset is transferred
from one cost center to another, location, company code
etc. This will help to capture the depreciation, profit
and loss on sale, damage etc. to the correct cost object

Is This Answer Correct ?    3 Yes 1 No

What is the use of Time-dependent-Data in Asset Accounting?..

Answer / biju

This is basically for book the cost in appropriate cost
center (or Cost object)

Is This Answer Correct ?    0 Yes 0 No

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