Browsing articles tagged with "Asset Accounting Archives - SAP FICO Training Tutorial"
Aug
23
2012

Type of Assets : Asset Management in SAP

SAP Asset Management

Type of Assets : Asset Management in SAP Fixed asset in asset management comprise of various asset types. As per balance sheet there are three classes: Intangible assets Fixed assets Financial assets In general we need to be more specific about asset types. Here are some of the asset types. Assets under construction:  It is […]

Aug
9
2012

Depreciation methods

Here is a example of the depreciation methods and different methods: Suppose a piece have acquisition and production value of $1000, life value is 10 years and scrap value is $2000 Straight line method without basis reduction: Cost/life –> $10000/10–> $1000 Straight line method with basis reduction: (cost-scrap value)/life = $800 Diminishing balance method: %=1/life= 10% For 1st year […]