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Former Member

Group Asset

Hi SAP Gurus,

Can any body help me out regarding Group asset? What is purpose of implementing group asset.

Can we create asset class wise group asset or not?

plz guide me on group asset scenario...

Thanks & regards

Amar

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  • Best Answer
    author's profile photo Former Member
    Former Member
    Posted on Nov 12, 2008 at 10:57 AM

    Group Asset is required for managing a particular category of assets as a group. Then depreciation and APC values will be calculated on a group-basis only. In India, Income Tax act stipulates depreciation on a group basis only.

    You can create different group assets for different class of assets using TCode AS21.

    Regards

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    • Former Member

      Sir,

      I have got your email id from SDN, with a hope if you could kindly ressolve one of my query

      While retirement of an asset , assigned with a group asset under deprn areas income tax act, the group asset used to get deactivated. For this reason I could not able post other asset, as the message is coming "group asset IT...... is deactivated. I can reverse the document but it might persist again while posting retirement of other asset also. How to rectify that, if you could suggest me I ll be very much kindful to you.

      Sorry for puting this question in this thread

      Abhisek

  • author's profile photo Former Member
    Former Member
    Posted on Nov 12, 2008 at 10:00 AM

    Hi Amar,

    Have a search to Group Asset on this form and you will found your answer and some examples

    You can have a look to on SAP help

    http://help.sap.com/saphelp_47x200/helpdata/en/4f/71fd71448011d189f00000e81ddfac/frameset.htm

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    • Former Member

      Sir,

      I have got your email id from SDN, with a hope if you could kindly ressolve one of my query

      While retirement of an asset , assigned with a group asset under deprn areas income tax act, the group asset used to get deactivated. For this reason I could not able post other asset, as the message is coming "group asset IT...... is deactivated. I can reverse the document but it might persist again while posting retirement of other asset also. How to rectify that, if you could suggest me I ll be very much kindful to you.

      Sorry for puting this question in this thread

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