Fixed Assets Question:

Explain about customization of Depreciation areas?

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Answer:

Following are the steps:

1.First activate the Dep areas(book & tax) in asset class.
2.Assigng Dep key to Dep Areas either at Asset class level or Asset master data level.
3.Assign Screen layout to dep areas.
4.Determine how Dep Areas post to general ledger.
5.Assign G/L accounts.
6.Define posting rules and document type for Depriciation

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