what z Deprecation area?
Answers were Sorted based on User's Feedback
Answer / venkat.sapfico
hi frds
The fixed assets are valued differently for different
purposes ( business , legal etc). SAP manages different
valuations by means of Depreciation Areas. There are
various depreciation areas like book depreciation , tax
depreciation, depreciation for cost accounting purposes etc.
A depreciation area decides how and for what purpose an
asset is evaluated. the depreciation area can be 'real' or a
'derived one' . You may need to use several depreciation
areas for a single asset depending upon the valuation and
reporting requirements.
thanking you
venkat
venkatanarayana.k@rediffmail.com
+91-9871905974
Is This Answer Correct ? | 13 Yes | 0 No |
Answer / hannah
Hi,
Creating a new depreciation area after the production start
can really only represent a compromise.
Define a new depreciation area in Customizing for Asset
Accounting. The new depreciation area cannot be solely for
handling investment support. Define the new depreciation
area so that it adopts its depreciation terms and posting
values from other depreciation areas.
Check the depreciation terms in the asset class for the new
depreciation area, and change them if necessary. If you do
not want to manage the new depreciation area in all asset
classes, set it to inactive in the asset classes in which it
is not needed.
Specify in FI-AA Customizing for the individual transaction
types, whether posting should always take place in the new
deprecation area, or whether posting is optional. Modify
especially the definitions for transaction types that only
post to certain depreciation areas (such as the
cost-accounting area), in case these transaction types
should also take the new area into account.
If you also want to manage investment support measures in
the new depreciation area.
the Asset Accounting component enables you to manage values
for assets in parallel in up to 99 depreciation areas.
A depreciation area is always assigned to only one chart of
depreciation.
the keys for the automatic depreciation of assets in each
chart of depreciation. They are based on elements for
calculation (calculation methods, period controls, and so
on) that are available client-wide.
SAP supplies typical reference charts of depreciation for
each country. They have different depreciation areas and
depreciation keys depending on that country’s specific
requirements. You cannot use these charts of depreciation
directly. You must create your own chart of depreciation by
copying the reference chart of depreciation. Delete any
depreciation areas that are not needed.
The Depreciation component makes it possible to manage the
following types of depreciation in the system:
Automatically calculated depreciation types (can also be
planned manually):
Ordinary depreciation
Special depreciation
Depreciation types that are normally planned manually:
Unplanned depreciation
Transfer of reserves/reduction of APC
Depreciation keys control the automatic calculation of
depreciation in the system. These depreciation keys can be
modified. In this way, you can define your own methods for
calculating asset values.
Thank You.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / pp
Depreciation area are used to calculate the different values
in parallel for each fixed asset for different purposes.For
example Tax depreciation,Group currency depreciation,Local
currency.Basically for different reports purposes.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sa
In simple terms, Dep Area can be defined as the following.
Dep area = Dep method + Dep rate
Dep method is nothing but the method of depreciation like
the SLM (straight line method)or WDV (writtend down value
method)
Dep rate is nothing but the percentage of depreciation
applied like 6% or 8%
so dep area is a combination of both
Is This Answer Correct ? | 0 Yes | 2 No |
Explain in simple terms what is field status and what does it control?
What are the noted items..How can we create? what are the advantages of Noted Items?
What are the important organizational elements of co? : co- general controlling
Hi viewers, My questions is, how can we make cleared item as open item in the Accounts Receivable. & How the checks are useful in the accounts receivable.
how to manage TDS if it is deducted both time at the time of payment and at the time of invoice by mistake ?
When we configure Electronic bank statement first time. Do we need help of ABAP team at the time of configuring the same?
What is Lock box in sap fico?
If a vendor raised about 10 invoices on a same day. Invoice numbers start with 111 to 120 and asked to pay for Invoice no 115 through APP. How to configure it.
Hi, If we have 10 company cocodes, in which we created 9 operative chart of accounts for 9 company codes and for last company code we created contry chart of accounts and we assign all company codes to one group company... can we get the reports for 10 company codes ?
WHAT IS SCREEN LAYOUT AND WHY WE NEED SCREEN LAYOUT IN ASSETS CONFIGURATION ?
There are result analysis categories in wip (work in process). What do you mean by the result analysis category reserves for unrealized costs?
If there are two company codes with different chart of accounts how can you consolidate their activities?