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.

What are the precautions to be taken while maintaining the 3keh table for profit center accounting?

0 Answers  

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what is alternative gl account and what is the use of this briefly explain? Hi sap gurus can anybody provide the answer to same

3 Answers   Wipro,

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How is component scrap maintained in sap?

0 Answers  

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what is account assignment in MM?

3 Answers  

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Please explain 5 general gaps in sap fico?

0 Answers   IBM, NG,

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Can you post an a/c document if the credit is not equal to the debit?

0 Answers  

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What is client level and company code level?.

2 Answers   TCS,

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What are the problems faced when a material ledger is activated?

0 Answers  

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Please explain SAP roadmap?

7 Answers   TCS,

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What do you mean by component scrap?

0 Answers  

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What is reconciliation account?

0 Answers  

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Which interface controls what is shown on the p.c.?

0 Answers  

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