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What is the use of Time-dependent-Data in Asset Accounting?

Answer Posted / jayaprakash n

The validity date ( from) is given in the asset master data
for the cost objects like, business area, cost center,
internal order and for plant, location etc. The validity
date of these will be changed when the asset is transferred
from one cost center to another, location, company code
etc. This will help to capture the depreciation, profit
and loss on sale, damage etc. to the correct cost object

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