Depreciation Keys?
Answer Posted / geevidhyadhar
Depreciation is the process of expensing out your asset
(owing to various reasons such as wear and tear, change in
fashion/technology, unforeseen calamities etc.).
Depreciation normally occuring uses some standard and
acceptable methodologies. SAP defines such methodologies
such as depreciation methods ( Base method, declining
balance method, max.value method, period control method and
multilevel method which is a mixed bag of the other methods
described above). A Depreciation key can be considered as a
box which houses all the depreciation methods described
above. A suitable depreciation key and the estimated useful
life of the asset usually work together in finding out how
to expense out the value of asset ( viz. depreciate the
asset). When applied , the asset value keeps decreasing over
its estimated useful life in accordance with the norms
specified in the depreciation key whereby the asset value is
usually reduced to NIL when the useful life of the asset ends.
Is This Answer Correct ? | 8 Yes | 4 No |
Post New Answer View All Answers
What is the new fi-gl in fi in ecc? : fi- general ledger
What is the purpose of "document type" in sap?
What is the relevance of defining chart of account?
what are prerequiations when asset master data uploaded in legacy system?
Explain the various reference methods? : fi- general ledger
What is depreciation simulation? : fi- asset accounting
What is a (tax) jurisdiction code?
What are posting keys? State the purpose of defining posting keys?
What is application packaging in SAP FICO
Explain the organizational assignment in the pa module? : co-pa
What is High value sale?
I'm facing a problem while posting a transaction, the errors showing "withholding tax amount exceed the total line item." I know the anmount calculated is more than the Base amount itself. But as i'm not a FI candidate, I want to know from where I have to change so that I can do the transaction, condition is that I cannot change any rate and code of ewt tax. Pls. help me out, it's urgent.
when transport save objects, where do they get transported?
Is it possible to maintain plant wise different gl codes?
What is collective processing of gl accounts? : fi- general ledger accounting