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I need to config as per IT Depreciation for asset

Feb 13, 2017 at 11:35 AM


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Former Member

Hi Team,

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

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



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1 Answer

Muralitharan Thyagarajan
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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