on 06-10-2008 12:53 PM
Hi Experts
Any body guide me about group assets we have Building, Plant and machinery,vehicles,computer,furniture&fittings
I need to configure seperate asset class for each asset or I can maintain same asset class for all assets
please guide me,
Regards,
Vani
Hello,
As a general rule, the system calculates depreciation at the level of individual assets. Certain types of calculation needs or tax requirements (such as in the U.S.A.) make it necessary, however, to calculate depreciation at a higher level. For this purpose, you can group assets in the FI-AA system together into so-called group assets. You can group assets together per depreciation area to form group assets.
Definition: group asset
Asset Accounting (FI-AA)
A combination of a number of assets for the purposes of a common, summarized calculation of depreciation.
A group asset is represented in the SAP System by a separate master
record.
So it is up to your requirement weather you want to go with Group Asset or not.
But the rate of Depreciation is different for asset classes so it is better not to go with Group Asset.
Regards
Ravi
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Hi VAni,
U need to create separate Asset Classes for Buildings, MAchinery , Vehicles etcs.
In each asset class u can create assets of similar nature.
regards
jaya
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