What is asset master?

Answer Posted / sujatha

the asset master gives every details of the asset such as;

1.0% input/output tax on asset
2.assigning 0% input/output tax to co.code
3.creation of asset classes
4.screen layout rules
5.number range interval
6.define asset class
7.creation of depreciation key
8.maintain period control method
9.maintain depreciation key
10.assign depreciation key to asset class
11.creation of asset master data
12.define screen layout for asset master data
13.creation of sub asset
14.purchase of asset
15.define screen layout for asset depreciation areas
16.creation of vendor account

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