chart of depreciation is assigned to company code and necessary data for asset accounting is added to company code. Hence company code is available for use in asset accounting
AUC have depreciation key, which denotes that depreciation will not be calculated
An asset under construction requires a separate asset class with their own account determination since depreciation has to be shown separately on the balances sheet.
The standard delivery clients in a R/3 system are
A. client 000 and 001
B. client 001, 000 , training client 999
C. client 000, 001 and 002
D. client 001, 000,002 and training client 999
Answer : A
We can still post credit memos for AUC after it has been fully capitalized if we allow negative APC.
Fast entry screens in FI are used to enter
A. G/L, customer and vendor line items
B. G/L line items
C. customer and vendor line items
D. Invoice receipt against GR
Answer : B
User can define and use their own transaction types for Assets accounting in a SAP R/3 system
We can use schedule manager in FI-AA to define, schedule,process and control periodically recurring processes.
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