Depreciation Keys?

Answer Posted / geevidhyadhar

Depreciation is the process of expensing out your asset
(owing to various reasons such as wear and tear, change in
fashion/technology, unforeseen calamities etc.).
Depreciation normally occuring uses some standard and
acceptable methodologies. SAP defines such methodologies
such as depreciation methods ( Base method, declining
balance method, max.value method, period control method and
multilevel method which is a mixed bag of the other methods
described above). A Depreciation key can be considered as a
box which houses all the depreciation methods described
above. A suitable depreciation key and the estimated useful
life of the asset usually work together in finding out how
to expense out the value of asset ( viz. depreciate the
asset). When applied , the asset value keeps decreasing over
its estimated useful life in accordance with the norms
specified in the depreciation key whereby the asset value is
usually reduced to NIL when the useful life of the asset ends.

Is This Answer Correct ?    8 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Could any one explain Process Flow and Integration of HR with FI.

1916


how is company code different from a company?

585


What is credit control area in sap?

616


What is the difference between coa and cod? : fi- asset accounting

1461


What is a document in sap? : fi- general ledger accounting

620






How do you post cross-company code business area postings?

602


What is the land scape in sap?

637


What is required to be done if activity price is to be shown both fixed and variable?

580


how do you capitalize auc in sap? : fi- asset accounting

660


Where to assign activity type in cost centers? Or how to link cost centers & activity types?

602


What is a special gl transaction? : fi- general ledger

588


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?

3419


Can you dun customers across clients in a single dunning run? : fi- accounts receivable

739


What are the common document types in fi?

627


What are the procedure for implementing FI Sub Module, like AR, AP, AA etc

1643