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Former Member
Mar 29, 2014 at 08:37 AM

Posting depreciati​on for partnershi​p firm as per IT Act


Dear Experts,

Our client is a partnership firm & their requirement is to calculate & post depreciation in SAP as per IT Act. We are going live in ECC 6.00 EHP 7.

So we need to calculate depreciation for 12 months if the asset is acquired between April to Sept & 50% depreciation if it is acquired between October to March. So the depreciation posted in SAP should match with the depreciation calculated as per Block Assets concept.

Would appreciate if you could help with the detailed steps of configuration to be done in SAP & the details of how depreciation keys, period control, multilevel methods, etc. to be done to achieve this in SAP