what is depreciation? what are depreciation methods? please
explain those method? can any one reply urgently?

Answer Posted / rajesh

HI

WHEN AN FIXED ASSET IS PURCHASED IT HAVING SOME LIFE, WHEN
WE USE THE ASSET THE LIFE IS REDUCE THAT CALLED DEPRECIATION

REASONS ARE WEAR AND TEAR, ACCIDENT, OBSOLENCES ETC.

THERE ARE SO MANY METHODS TO CALCULATE DEPRECIATION


BUT IN SAP ALL METHODS ARE IN DEPPRECIATION AREAS

AS PER INCOME TAX RULES WE FOLLOW STRIGHT LINE METHOD

FOR MANAGEMENT PURPOSE WE FOLLOW WRITTEN DOWN VALUE METHOD

FORMULA FOR STRIGHT LINE DEPRECIATION IS

COST OF ASSET - SCRAP VALUE / LIFE OF ASSET

SO THIS WILL CLEAR TO UR DOUBT

IF NOT SEND THE RIGHT ONE IMMEDIATELY

Is This Answer Correct ?    101 Yes 28 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are user exits and name an example where one could be used in the fi/co modules?

576


Difference between depreciation ,accumulated depreciation and apc? What is apc?

658


What is product cost controlling (co-pc)? : co- general controlling

611


what are the functional specification in AP, APP ?

2050


What components of the r/e system begin the start of background jobs at the specified time?

598






Explain intercompany postings. : fi- general ledger accounting

605


Explain co automatic account assignment? : co- cost center accounting

567


Can one chart of accounts be assigned to several company codes?

614


What are “reason codes” used for in the accounts receivable module and what are the factors to be considered in their configuration?

780


We always copy company code or we can create manually also? If possible give reasons also.

616


when we are executing the Electronic Bank Statement at that time is it possible to some documents are auto clear and some documents are manual clear please suggest me thanks suresh

1732


Differentiate free offsetting entry from a statistical posting? : fi- accounts payable

658


What is open line item management? What is meant by clearing open line items?

622


Can you have multiple retained earnings a/c?

591


What is a characteristic in co-pa? : co-pa

619