BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Chart of depreciation
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Company code
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Depreciation area
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Client
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Detailed explanation-1: -It means all the company code in the client can use the same asset class.
Detailed explanation-2: -Step 1 − To create a new asset, navigate to Accounting → Financial Accounting → Fixed Assets → Asset → Create → Asset or use Transaction code AS01. Step 2 − In the next window, enter Asset class and Company Code. Press ENTER key to confirm the details.
Detailed explanation-3: -For a completely new asset, first determine the correct asset class. Enter the asset class and the company code on the initial screen of the master data transaction (choose Asset Create Asset). Another option is to use an existing asset as a reference when creating the new asset.
Detailed explanation-4: -Asset classes are the most important means of structuring fixed assets. You can define an unlimited number of asset classes in the system. You use the asset classes to structure your assets according to the requirements of your enterprise. Asset classes apply in all company codes.