Question { HP, 63326 }

What is asset class? What are depreciation areas?

Answer

Asset classes are the most important means of structuring
fixed assets. You can define an unlimited number of asset
classes in the system. You use the asset classes to
structure your assets according to the requirements of your
enterprise. Asset classes apply in all company codes. The
asset class catalog, therefore, is relevant in all company
codes in a client. The preceding is also true when the
company codes have different charts of depreciation and
therefore different depreciation areas.

Question { 8538 }

How do you need to have integration with SD and MM modules?

Answer

integration with fi - mm

we are assigining transaction key to movement types, in
that transaction keys assign gl account to valuation classes
( that is tc : obyc)

and also u maintain valuation classes, material types,
account modifiers.