Answer Posted / rajendran
Asset classes are the most important criteria in structuring
the fixed assets, every asset in the company has to be
assigned to exactly one asset class which all should have
similar depreciation terms. many asset classes can be
assigned to one GL account. it controls the number range of
the asset account number, screen layout and account
determination. this asset classes are mainly for reporting
purposes.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
Why do we use sap fi?
What is cost center group? : cost center accounting
How do you perform period closing in sap? : fi- general ledger master data
What is cost center hierarchy? : cost center accounting
What is activity-based costing? : co- general controlling
error msg no-f.5071 in down payment. what would be the entry for clearing this open items..in f-44..?
Q.what type of issues you are getting and tell me some issues in asset acctng,fi-mm,co?
In period 1 there is a wip posted of 22000 usd in period 2 some further goods issue are done to the extent of 15000 usd. How will system calculate wip for period 2?
Explain asset class
What is the Pre-mapping and Matching?
How do you configure the gl account for the house bank? : fi- general ledger master data
What is a posting key? : fi- general ledger
What are the methods by which vendor invoice payments can be made?
What is payment advice? : fi- accounts receivable
What are the problems faced when a business area is configured?
