Interested to Buy Any Domain ? << Click Here >> for more details...
What concept of group asset while we having asset class
- 2 Answers
- 10404 Views
- I also Faced
- E-Mail Answers
Answer Posted / 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.
| Is This Answer Correct ? | 7 Yes | 1 No |
Post New Answer View All Answers
What are the ‘submodules’ within fi?
What is the trading partner concept? : fi- accounts receivable
What is the Pre-mapping and Matching?
Differentiate between the parking and the holding of documents : fi- general ledger accounting
How does sap go about costing a product having multiple bill of materials within it?
How is it possible to apply 2 different overhead rates for 2 different finished goods?
What is the difference between asset accounting and asset class?
there is a inst named technopad which is giving sap fico training,can anyone tell me that is that a good option for sap training
WHAT IS THE DIFFERENCE BETWEEN HOLD, PARKED, SAMPLE, RECURRING AND ACCRUAL/DEFFERAL? WHAT IS THE MEANING OF RECONCILIATION? WHAT PURPOSE WE DO THE RECONCILE? WHAT IS THE MEANING OF SPL GL? WHAT ARE THE CUT OVER ACTIVITIES? WHAT IS THE MEANING OF GAP ANALYSIS? PLZ EXPLAN?
How is tax calculated in sap?
what is global company currency and in which case we have to create global company currency 60 as additional currency in OB22?
Hi all see the problem is, suppose i sold goods to customer 10 units @ 120 & my COGS (cost of goods sold) is 100 per unit . After that he told me your quality is not good ok & u r charging high 4 that i will pay you only 110 rs for that otherwise i will return ur goods. After that i made 1 credit memo 4 that of rs 10 ok. now the issue is it is also affecting the COGS but it has to remain same And will effect at profit & my profit must be reduced from 20 rs per unit to 10rs per unit & COGS must remain constant i.e is 100 rs
What happens when the revaluation is done in actual costing run for the previous period?
I'm facing a problem while posting a transaction, the errors showing "withholding tax amount exceed the total line item." I know the anmount calculated is more than the Base amount itself. But as i'm not a FI candidate, I want to know from where I have to change so that I can do the transaction, condition is that I cannot change any rate and code of ewt tax. Pls. help me out, it's urgent.
What are the important organizational units in fi?
