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asset accounting

Hi

What is the meaning of

Main asset

sub asset

group asset

chart of depreciation

posting rules

Thanks

Former Member
replied

Hi,

Main ASset -An asset that is made up of several component assets. A complex asset is represented in the system by the main asset number.

Sub asset - Its component assets are represented by asset sub-numbers. This is done for e.g. Show separate value development for subsequent acquisitions

Group asset - A combination of a number of assets for the purposes of a common, summarized calculation of depreciation

Chart of depn - The chart of depreciation contains the defined depreciation areas. It also contains the rules for the evaluation of assets that are valid in a given country or economic area

Posting Rules - Determines when the depreciation is to be posted/

Regards,

Sridevi

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