BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Ensure depreciation areas always post to general ledger
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Assign depreciation area 01 to the leading ledger
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Ensure each accounting principle is assigned to a depreciation area
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Assign a ledger group to each depreciation area
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Detailed explanation-1: -In an SAP S/4HANA Finance system, you create a depreciation area for each additional currency type maintained on the ledger/company code level so that values are available in all relevant currencies. The depreciation areas are identified by two-digit numeric keys. You should assign a meaningful description to the area.
Detailed explanation-2: -Since the system allows you to define up to 99 depreciation areas, you can manage many different types of valuation (in Asset Accounting Customizing under Valuation). Depreciation areas are grouped together, according to the requirements of a specific country or economic area, into a chart of depreciation.
Detailed explanation-3: -To execute a depreciation run with SAP S/4HANA Finance, follow the application menu path Accounting > Financial Accounting > Fixed Assets > Periodic Processing > Depreciation Run > AFAB-Execute. Alternatively, you can enter Transaction AFAB directly.