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What is asset class? What are depreciation areas?
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Answer Posted / sandhya
Every Asset in sap is known as an Asset Class.eg) Land is
known as an Asset class.Each Asset Class is identified using
an Asset Determination Number. These asset determination
numbers are system defined.Except for 1100 and 3100
(Buildings and vehicles) which are user defined.
Depreciation Area = Depreciation method + depreciation key
| Is This Answer Correct ? | 7 Yes | 30 No |
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HELLO, I have a doubt in FI Asset Accounting. On 01.04.2010 I capitalized the asset (Furniture & Fixture) and purchase on 01.04.2010 (Document date & Posting Date) worth Rs.10000/- (ASSET Acquisition Value) , I charged depreciation 10% up to 6 months with WDV method. After 6 month the value of asset is Rs.9500/-. Now I want to sell the asset of Rs.9000. When I done the same instead of showing the loss on sale of asset of Rs.500/-, its showing Rs. 1000/- on loss on sell of asset. WHY SO…… PLEASE SUGGEST I AM CONFUSED, IS THERE SOMETHING MISSING IN CLIEN 800? OR IT MY MISTAKE IN G/L ASSIGNING IN T.CODE: AO90
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