Answer / veerabrahmam

Asset class main criterion classifying fixed assets
according to legal requiremnt and management requirement.

For each asset class, control parameters and default values
can be defined for depreciation calculation and other
master data.

Each asset master record must be assigned to one asset
class.

Answer / 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.

Answer / kishore

Asset Class classifies the assets like plant and
machinery,computers,vechicles etc and it controls the screen
layout and number ranges.

hi experts i have a questin please answer me :why we given x2 for sample document and also given x1 for recuring document,x for retained earnings please help me above faq

4 Answers   IBM,

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what is the difference between field status group and field status variant asked at tcs

4 Answers   TCS,

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I just created a company,completed all basic details i.e., creation of company, co.code, coa, stv, ppv, tol, a/c groups then opened F-02 to post one posting BUT it's showing an Error as Message No.: FF703 " Company code not assigned to country or country to calculation procedure" and unable to proceed further. The Msg: Company code not assigned to country or country to calculation procedure Message no. FF703 Diagnosis An error occurred when checking the tax code. Either the assignment of company code and country or of country and calculation procedure is not correct. Procedure Check the system settings. To do this, choose Maintain entries (F5). If the program error occurred In a standard SAP program, then create an OSS message In a program you wrote yourself, then correct the program. Please help me out.How to tackle this situation.Thanks

3 Answers  

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Unble to get the foreing exchange rate :- HI all, while im posting transaction in f-02 with foreign currency, how can i get the todays exchange rate into my document acutomatically, please help me in this issues. regards, srinivas

2 Answers  

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Outline credit management in sap? : fi- accounts receivable

0 Answers  

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what account group and what does it control.

3 Answers  

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How does partial payment differ from residual payment? : fi- accounts receivable

0 Answers  

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Hi Friends, I have configured the tax on sale and purchase, if I select “calculate taxes on net amount” in editing option then it calculate the tax correctly. But I want to calculate the tax out of gross amount of the invoice. For example I get a invoice for Rs. 20,000/- and now I want to calculate the tax out of Rs. 20,000/- (20000/1.04=19230 taxable amount and tax is 770/-). I would be appreciate if any body can help me in this regard and tell me the configuration of the same. Regards Anil Kumar

2 Answers  

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while running depreciation(TC:- AFAB) for first time (posting period 001) under test run system don't show any error and no document is pickup by the system. plz help me solve this problem

3 Answers   IBM,

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Outline vendor payments in the sap system? : fi- accounts payable

0 Answers  

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re: when i am posting insharecapitalpaid i received one message that is there is no item is assigned to this account (bankaccount)/company code

2 Answers   IBM,

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What is the banking statement tell the configuration process?

0 Answers   IBM, Satyam,

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