BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

FINANCIAL ACCOUNTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Your customer wants the values for a special group of assets to be shown separately in the general ledger.Which objects do you create in Customizing for Asset Accounting? Note:There are 2 correct answers to this question.
A
Asset class
B
Financial statement version
C
Account determination key
D
Depreciation area
Explanation: 

Detailed explanation-1: -You need to add a new depreciation area. Which object within asset accounting do you need to update ? Transaction type Assets classes Depreciation keys Assets history sheets . The chief accounting officer wants the values for a special group of assets to be shown separately in the general ledger.

Detailed explanation-2: -In this FICO configuration activity we are able to assign gl accounts related to the asset transaction in SAP. When you start the transaction, initially you will have to choose chart of depreciation. After that choose an account determination and jump to different areas of G/L assignment.

Detailed explanation-3: -The update depends on the option you choose for how the depreciation area posts to the general ledger: You can post the depreciation areas in G/L accounting either in realtime (parallel depreciation in the ledger approach) or immediately (parallel depreciation in the account approach).

There is 1 question to complete.