What are Group Assets
The tax requirements in some countries require calculation of depreciation at a higher group or level of assets. For this purpose you can group assets together into so-called group assets.
If you like this post, you may as well like these too:
- Account Group and Field Status Group An Account group controls the data that needs to be entered at the time of creation of a master record. Account groups exist for the definition of a GL account,...
- Fixed Assets Asset Accounting is a subsidiary ledger of Financial Accounting. The appropriate General Ledger accounts are updated each time you post. Understand about: Asset Accounting as a Sub-ledger Asset Class Chart...
- What is a Function Group A Function Group is an ABAP program that contains function modules. Function modules that work with the same data objects can be combined to form the function group. Each function...
- Creating Fixed Assets If you are required to set up a new fixed asset for the business unit which has no master data existing in the system, you need to create the master...
- Cost Center Group Cost center group can be created using KSH1, changed with KSH2 and displayed with KSH3. We can collect cost centres according to various criteria into groups. This enables we to...
















Leave a Reply