Asset Accounting in Joint Venture

[Former Member]

Dear Experts,

I works for a Joint Venture that follow two different accounting standard in Asset management. The first rule requires lower asset value for fixed asset, whereas the second one requires much higher value. Moreover depreciation rate of an asset is also different between these two rules. Can you tell me how does SAP standard fix the kind of issue.

Thanks

[Former Member]

Hi,

You can have different depreciation areas. By asset class you assign the depreciation area. You can use a different set of depreciation rules in the different depreciation area's. It is possible to have an dep area with A - B.

By depreciation area/asset class you can use a different set off G/L accounts or keep the values only statistical in the system.

It is possible to to have different aquasition values in a depreciation area.

Have a look in the SAP help for more information. In your system you can found default templates for some countries.