What is asset class?
Answers were Sorted based on User's Feedback
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.
Is This Answer Correct ? | 5 Yes | 0 No |
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 |
Answer / kishore
Asset Class classifies the assets like plant and
machinery,computers,vechicles etc and it controls the screen
layout and number ranges.
Is This Answer Correct ? | 1 Yes | 0 No |
Use of Leading and Non-Leading ledgers in Asset Accounting
What are tickets in sap? Which type of tickets we have to face in sap fi? Please give me some example of sap fi -->GL, -->AR, -->AP. I will very glad full. Thanks.
what is customizing request?
Is there a SAP Standard Workflow Task that can be assigned to Master Data creation in SAP like GL Master (FS00), Vendor / Customer Master
What is periodic processing in fi-aa? : fi- asset accounting
Hi i am preparing for sap fi certification how is the oppurtunities as per the current position.if i may do that certification either i could get the job or not.kindly give your advice thanks in advace regards jos
What do you mean by chart of accounts? What is it used for?
Hi What is Maintain Versions? T.Code: OKEQ
Hi Can any one explain me as to what all are Defined at Client Level and What are defined at Company Code Level.It is a bit urgent plz help me
What is the basic difference in customizing in profitability analysis as compared to other modules?
Hi friends, As we all know (Net Present Value)The Currency value decrease every year.How to assign the net present value in asset accounting. If we use that concept say for ex. the asset value is for 10 years.if we use NPV method the asset the asset life willbe less than that na.How to use that? Ram.
What is the defference between issues and Ticket?