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Asset Accounting Configuration in SAP ERP: A Step-by-Step Guide by Andrew Okungbowa

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CHAPTER 3

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Valuation of Fixed Assets

This chapter looks at the steps involved in the configuration of the valuation of fixed assets in asset accounting and also explains the various steps involved in defining depreciation for foreign currencies in asset accounting. In this chapter, you will learn how to:

  • Define depreciation areas in asset accounting
  • Determine depreciation areas in the asset class
  • Set up areas for parallel valuation
  • Specify maximum amount for low-value asset
  • Specify rounding of net book value and/or depreciation
  • Specify other versions on company code level
  • Specify other versions on depreciation area level
  • Define depreciation areas ...

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