Answer / sudhakar

Chart of Depreciation: its a group of Depreciation Areas
like Book depreciation, Tax depreciation, consolidated depreciation, etc. Because we have to prepare our statements as per Indian Companies Act (Book depreciation), Income Tax Act (Tax depreciation)like that...Like in Chart of accounts

Depreciation Area :It defines how you going to valuate your company assets its based on the Company requirement like Book Depreciation..Tax Depreciation etc etc...

Answer / venu

chat of depreciation is base of asset configuration.without chat of depreciation we con't do anything in asset scenarios.it is like a chat of account of asset master data.

depreciation area is which level we have to calculate depreciation of particular asset.first we have to select which category's are using the depreciation calculation.while creating the chat of depreciation.

Answer / karthik

chart of depercitation means code of the company. and
deperction means scrapin of asset life span of the asset
will be decreased

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