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What concept of group asset while we having asset class
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Answer Posted / reshma
To meet certain tax requirements of the country (in our
case Income Tax Act of India) which require depreciation
calculation at a higher level than the individual asset
level the concept of group assets in SAP is utilized. The
group asset in SAP makes it possible to group together a
number of assets for the calculation of depreciation as per
the Income Tax Act.
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