Answer / reshma

To meet certain tax requirements of the country (in our
case Income Tax Act of India) which require depreciation
calculation at a higher level than the individual asset
level the concept of group assets in SAP is utilized. The
group asset in SAP makes it possible to group together a
number of assets for the calculation of depreciation as per
the Income Tax Act.

Answer / dolly

group of asset means asset assets within same class with
same percentage of depreciation eg.plant and machinery with
same percentage.

what are the gl account that should be selected as 'post automatically only'

2 Answers  

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How does group chart of accounts differ from operating chart of accounts?

0 Answers  

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The Vendor have two different bank accounts in sap one in citi bank and another is hdfc bank but now the vendor demands that the company should pay him in two different bank accounts that is from ICICI Bank and Axis Bank but this banks are not configured in the system so how we should pay the required amount to vendor through APP. Please give me the required Suggestions.

1 Answers   KPMG,

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cogs as a cost element and cogs is a not a cost element how the system behaviar

1 Answers  

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Interested in offering your software to sap customers so they can enhance functionality of their sap servers running linux?

0 Answers  

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Chart of Accounts are created at client level or company level or company code level ? How many chart of accounts can we assign one company code(not operative,country and group)?

12 Answers   Cambridge, TCS,

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How do I see the elements of WIP in any production order? Please provide T-code for the transaction.

1 Answers   IBM,

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How many normal and special periods will be there in fiscal year, why do you use special periods?

0 Answers  

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WHAT IS SCREEN LAYOUT AND WHY WE NEED SCREEN LAYOUT IN ASSETS CONFIGURATION ?

2 Answers   IBM,

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How does the system calculate the activity price? : co- cost center accounting

0 Answers  

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Please explain 5 general gaps in sap fico?

0 Answers   IBM, NG,

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Hi all.... Please explain to me... what G/L account should I maintain / create If I want to do the intercompany transfer asset - no revenue. and if I want to do the intercompany transfer asset - Net Book Value. What is the different between this 2 method. My company's requirement is ... 1. Transfering the asset on company A to company B, example Asset 1 - acquisition date : 01.06.2007 , acquisition amount : 1000, accumulated depreciation till 31.12.2007 : 10 so the net book value is 90, useful life 4 years the company wants to transfer this asset in company B. is it possible to transfer all the data just like I explain above : acquisition date : 01.06.2007 , acquisition amount : 1000, accumulated dep = 10

0 Answers   ACC,

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