Sap Asset Accounting

chart of accounts can be modified to fit your requirements, but chart of depreciation is always country specific. true. false.

what represents a specific type of depreciation valuation. depreciation area. chart of depreciation. chart of accounts.

mySAP ERP delivers standard depreciation areas and additional areas cannot be defined. true. false.

one or more is correct. each company code uses one chart of accounts. each company code uses one chart of depreciation. all or several company codes can work with the same chart of accounts and the same chart of depreciation.

depreciation areas. are defined with a two-digit alphanumeric key. key represents depreciation terms that you can enter in asset master record or in the asset classes. area 01 is leading depreciation area. values and depreciation are posted to G/L. can have same values and terms but can be displayed in different currencies. allowed depreciation types and special valuations have to be specified in depreciation areas.

there are seperate transaction figures for. each asset. each depreciation area. asset values. NBV.

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. true. false.

in master record you can assign (original) cost accounting objects to an asset. cost center. (Internal) order (real or statistical). activity type. objects from other applications.

controlling area can include one or more company codes. true. false.

select correct statement. it is impossible to assign an asset to two cost centers. you can assign the asset to a real order. an asset can be assigned to as many cost centers as possible.

asset classes. consist of a master data section and a depreciation area section. consist of a master data section only. asset classes are created at company code level. asset classes are created at client level. are assigned to at least one chart of depreciation. you can suppress individual depreciation areas in each asset class. for each depreciation area you can propose depreciation attributes for assets. for each depreciation area you can propose depreciation attributes for assets, you can choose that they be specified by the system.

several charts of depreciation can also be assigned to an asset class. true. false.

chart of depreciation is a catalog of country specific depreciation areas structured according to various business aspects. true. false.

you cannot specify attributes of each individual depreciation area. true. false.

chart of depreciation. you can delete areas you do not need. you cannot add/delete additional areas. is assigned to company code. it is also possible to open depreciation areas after the production start of the system.

posting to G/L. dep area 01 posts APC values to G/L online in real time. dep is always posted on periodic basis. other dep areas can recieve their values from dep area 01 but calculate and post different dep values to G/L. defining dep areas for reporting purposes only do not post any values to G/L.

you can define any number of financial statement versions per chart of accounts. true. false.

if you use different financial statement versions you have to post more than one dep area to G/L. true. false.

match two main sections of the asset class with their functions. master data. dep area.

when you create asset master records this data is automatically adopted from the asset class you specify. true. false.

asset class is a selection criterion in all standard reports in FI-AA. true. false.

asset class. before creating asset classes you should design your asset class catalog and ensure that relevant G/L accounts exist in FI. link between asset master records and accounts to which related values and dep are posted in G/L, is controlled by account determination. account determination key is always identical to account number of the asset balance sheet account in G/L. if you have similar asset classes you can use different account determination keys. several asset classes can use same account determination key if they use same chart of accounts and post to same G/L accounts. if you use different chart of accounts you need only one account determination key to post values of all asset classes to different accounts in different chart of accounts.

you define number assignment as either internal or external. true. false.

each company code has its own number range and company codes cannot share number ranges. true. false.

screen layout of asset master data. specifies which input field are displayed in asset master record. specifies maintenance level of master data fields. determines whether master record can be used as reference. reference field indicator controls which field contents of an asset area can be copied.

each master data field can be maintained at. asset class level. main asset number level. subnumber level.

you can use account assignments objects for APC postings or budget monitoring. true. false.

layout for the master data of each asset class defines. number of tab pages. names of tab pages. field groups that appear on tab pages. all are correct.

choose dep key 0000 to ensure dep is not calculated for AUC. true. false.

screen layout rules control. field selection. maintenance level. references/copies. all are correct.

special asset class: LVA. can be managed using individual management or collective management. for each type of management you have to set up seperate aseet class. for collective management you have to enter a base unit of quantity in asset class. set up max amount check in dep areas.