Asset accounting-QUESTIONS

Question

Hi Gurus,
I got some questions for asset accounting request all of you to kindly extend your help
my questions are
    What is Asset History? ( OAOA)
2)     How the data flows from Asset Accounting to Controlling?
3)     When the asset value is zero and the Company is still using the asset then, how the Company generally proceed to calculate depreciation further? (Curb) (SPRO>Financial Accounting>Asset Accounting>Depreciation>Valuation Methods> Depreciation Key>Calculation Methods> Define Base Methods)
4)     In asset accounting, why 0% Tax code is created for not taxable transaction and why it is compulsory to do it before assigning the chart of depreciation to company code?
5)     What configuration is required to bring all the “Fields” in depreciation area tap of Asset master creation?(AO21) and (AS01)
[If we make any changes in Tcode AO21 and they are not getting reflected in depreciation area (Last Tab) in creation of asset master (AS01). So how to make the configuration to get those changes reflected in dep. area (last tab) in creation of asset]
6)     What are difference between Germany Chart of Dep. and Great Britain Chart of Dep. (UK)?
Be assured about the points
Thx
Vinod R Khelani

Answer 1

Hello
Charts of depreciation are used in order to manage various legal requirements for the depreciation and valuation of assets. These charts of depreciation are usually country-specific and are defined independently of the other organizational units. A chart of depreciation, for example, can be used for all the company codes in a given country
In the simplest scenario, all of your company codes are in the same country and are subject to the same legal requirements for asset valuation, meaning that you only need one chart of depreciation.
The chart of depreciation consists of the following parts:
In general, you are required to calculate values for assets for different needs, both internal and external (such as book depreciation and cost depreciation). Therefore, the Asset Accounting component enables you to manage values for assets in parallel in up to 99 depreciation areas. The chart of depreciation, therefore, is a directory of depreciation areas organized according to business management requirements. You define the characteristics, and thereby the significance, of the individual depreciation areas in each chart of depreciation. A depreciation area is always assigned to only one chart of depreciation.
You flexibly define the keys for the automatic depreciation of assets in each chart of depreciation. They are based on elements for calculation (calculation methods, period controls, and so on) that are available client-wide.
Use
SAP supplies typical reference charts of depreciation for each country. They have different depreciation areas and depreciation keys depending on that country’s specific requirements. You cannot use these charts of depreciation directly. You must create your own chart of depreciation by copying the reference chart of depreciation. Delete any depreciation areas that are not needed.
You can document the meaning of any chart of depreciation you set up in the system by writing a description for it.
Reg
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