Assets Accounting with Consolidation (EC-CS) in a multi-currency environmen

Hi,

I need to configure the system where Asset Accounting needs to be consolidated to the consolidation module (EC-CS) in a multi-currency environment.

Question:

1) Asset Accounting has many Chart of Depreciation for different countries in their local currencies. Do I need to configure Depreciation Areas to handle the consolidation (at Group Currency in EC-CS) of assets acquisition and their depreciation in these company codes (with local currencies)?

2) If yes, would you let me know the key steps involved?

Thanks.

Regards,

Bernard