Which of the following statements are true regarding depreciation in - ProProfs Discuss
Topics
Products
Follow Us:

Which of the following statements are true regarding depreciation in SAP ERP's Assets Accounting? Depreciation is used to calculate the offset of asset value loss against tax and to determine the "real" current value of the assets your company possesses.



A. Depreciation areas enable calculating different depreciation values in parallel for a fixed asset according to the requirements of a specific country or economic area.
B. Depreciation areas are grouped into a chart of depreciation.
C. The depreciation terms can only be in the asset class the asset belongs to.
D. Every asset transaction in the Asset Accounting component immediately causes a change of the forecasted depreciation and, thus, immediately updates depreciation and value adjustment accounts of the asset for the financial statements.
E. In the periodic depreciation run the planned depreciations are posted to the asset account and must then be transferred to the general ledger.
F. Only after the completion of the depreciation run, depreciations are posted in asset accounting and in the general ledger.

This question is part of 09 Financial Accounting
Asked by Dbv_rulez, Last updated: Feb 10, 2020

+ Answer
Request

1 Answer

dbv_rulez

Dbv_rulez

Answered Mar 26, 2018

Depreciation areas enable calculating different depreciation values in parallel for a fixed asset according to the requirements of a specific country or economic area.
Depreciation areas are grouped into a chart of depreciation.
Only after the completion of the depreciation run, depreciations are posted in asset accounting and in the general ledger.
 

Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer

Email Sent
We have sent an email to your address "" with instructions to reset your password.