Answer Posted / manovijay

Asset class is group of slimier kind of group of assets
the asset class is control asset screen layout rule
it is used to account determination.

Depreciation Areas:s

Depreciation areas are used to calculate depreciation for
different reporting purposes.
ex:
Book depreciation(as per company Act 1956)
special Tax depreciation(as per income tax act 1961)
group depreciation
cost depreciation
management depreciaion
etc.,

DIfference between F-43

1527

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What are the other modules to which 'financial accounting' is integrated?

1301

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Where can I get linux for my sap business suite?

1056

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How do you keep the fi posting period open only for certain gl codes?

1085

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When do you use special period?

987

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When defining a new ledger in the special purpose ledger, how can you retrospectively populate fi data for a previous fiscal year?

1040

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Why is it not possible to post to a customer accont in a previously closed period?

1092

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What are the components in financial statement version? : cost center accounting

1089

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Explain the process of calculating the planned activity output through long term planning?

1158

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In sap how input and output taxes are taken care?

1346

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Explain in simple terms what is field status and what does it control?

1092

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What are the benefits of using business areas in a company?

1082

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What is fast entry? : fi- general ledger

1193

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What do you mean by balances in local currency only? : fi- general ledger master data

1047

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What do you mean by net postings? : fi- general ledger accounting

1127

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