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I need to config as per IT Depreciation for asset

Hi Team,

I need to config Depreciation for asset as per Indian Company Act.

Could you please guide me, how to start with that.

Regards

Saurabh

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1 Answer

  • Mar 09, 2017 at 10:22 AM

    The SAP note 2052506 provides information on the India Companies Act Solution (effective from 1 April 2014).

    For information on customizing the depreciation keys, follow the steps explained in the attachment Final_Companies_Act_Solution_Proposal_v5.pdf provided with the note.

    For additional reference, refer to SAP Notes 2069378 and 2066260.

    Also, refer FAQ 2356469 - FAQs for India Assets: New Indian Companies Act Solution 2013 (Master Note: 2052506) if you face any issue during implementation of note or on any scenario.

    Hope this helps.

    Best Regards,
    Muralitharan Thyagarajan

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