Fixed Asset Depreciation Keys

[former_member612894]

For the standard S/4 delivered depreciation keys related to special depreciation, I am using the "Depreciation Key: Display Details" app to view the details of the depreciation keys. It appears that the keys are predefined with certain bonus depreciation percentages for certain years, and it appears this can't be changed in the system. What is driving the percentages that are chosen for the depreciation keys? We are unsure of which specific tax laws these bonus depreciation keys apply to and if we should be using them or not.

[Lucian · Accepted solution]

Hi Jacob,

this configuration is 100% country specific so you should raise an incident to the corresponding localization team for additional information regarding the legislation covered by each key .

Regards,

Lucian

[former_member612894 · Accepted solution]

Hi Lucian,

I did so, but SAP returned the following response:

SAP

Dear Customer,

During our analysis, we have found that the topic you have described falls into a consulting category rather than a possible error and/or defect with the standard delivered product or documentation.

We regret to inform you that this falls outside of the scope of SAP Product Support under the SAP maintenance agreement.

You can find further details in SAP Note ‎#2706322

SAP offers a wide range of free resources help you, like the SAP Help and Support Portals or the SAP Community forums which are gateways to thousands of knowledge base articles,

SAP software experts, including SAP engineers, consultants and experienced users from our vast Ecosystem. They are by far the fastest and easiest way to find solutions to most problems SAP users experience.

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SAP S/4HANA Community Network - https://s4hanacloud.community.sap (newly released specific to the public cloud)

For issues of this nature an incident is not the correct forum for assistance from SAP. You can discuss such issues with your onsite SAP representatives, product expert or use the community https://s4hanacloud.community.sap for assistance.

Best regards,

SAP Product Support

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[Lucian]

Well it depends I think on how the question was asked.

I would have provided you the following notes :

1148489 - Special depreciation USA: "Economic Stimulus Act of 2008"

505069 - Special tax depreciation USA

and check the following blog https://blogs.sap.com/2008/03/06/calculating-bonus-depreciation-for-2008-fixed-assets-part-1/

before going to the consultant.

Regards,

Lucian

[former_member132363]

Here are some SAP resources you may review based on your topic "asset depreciation | depreciation | tax | s/4 | system"

SAP ERP & S/4 HANA Finance

After implementing the BC set, companies can add and modify their tax .... For SAP ERP on-premise releases: Set up accounting systems to process transactions ... SAP S/4 HANA Cloud edition: Deliver to existing customers using hotfix procedure. .... Companies Act: New Depreciation Engine - As per the new guidelines of?...

https://support.sap.com/en/product/globalization/fi-erp.html