Answer Posted / venkat.sapfico
hi frds
The fixed assets are valued differently for different
purposes ( business , legal etc). SAP manages different
valuations by means of Depreciation Areas. There are
various depreciation areas like book depreciation , tax
depreciation, depreciation for cost accounting purposes etc.
A depreciation area decides how and for what purpose an
asset is evaluated. the depreciation area can be 'real' or a
'derived one' . You may need to use several depreciation
areas for a single asset depending upon the valuation and
reporting requirements.
thanking you
venkat
venkatanarayana.k@rediffmail.com
+91-9871905974
| Is This Answer Correct ? | 13 Yes | 0 No |
Post New Answer View All Answers
How do you go about configuring asset accounting?
Is there any additional configuration required for account-based profitability analysis as compared to costing based profitability analysis?
Where are payment terms for customer master maintained?
integration between FI-MM,FI-SD.FI-PP
What documents result from procurement processes? : fi- accounts payable
What is credit control area in sap?
what happens, in sap, when you post a goods receipt? : fi- accounts payable
Is it possible to print the financial statement version on a sapscript form?
What is an exchange rate?
What is a chart of accounts?
How do you create cost center in system? What are the requirements? : cost center accounting
What exactly do you know about the sap fico?
What are the important global settings for a company code in sap ?
Why we do manual clearing?
How does the dialog handle user requests?