Functionality of TAX depriciation key
Hi Experts,
Any one can explain me functionality & configuration of TAX depreciation area in SAP.
Regards,
Nilesh Surve.
Hi
All the different types of asset are clubbed under one group asset and each group asset will have its own asset class and depreciation Key.
1.Financial Accounting >Asset Accounting > Valuation >Group Assets >Specify Dep Areas for Group Assets
Transaction Code - OAYM - Here we specify the Dep area relevant for Group Assets
Select each company code and mark depreciation area 15 as relevant for group assets
2.IMG Menu Financial Accounting Asset Accounting Valuation Group Assets Specify Asset classes for Group Assets
Transaction Code OAAX - Here we specify the asset classes relevant for Group Assets.
3.In AFAMS, define the Depreciation rates to be used in depreciation keys.
4. In AFAMA, define the depreciation keys to be used
5. IMG Menu Financial Accounting Asset Accounting Depreciation Valuation Methods Period Controls Define Calender Assignments
Transaction Code OAVH
Configuration Purpose Here we define the Period controls to be used for IT depreciation. As per Indian IT Act, if asset is purchased during Apr-Sep, full year depreciation must be provided. Else, half year depreciation must be provided. Following settings will ensure the same
You can create Group asset through t-Code AS21
and before creating a normal asset your Group asset should have been created as, each normal asset is to be clubbed to a group asset for Income Tax depreciation.
Also you can check the below mentioned link for more clarifications
Re: Group Asse Posting
Regards
Praveen P C
Similar Messages
-
Function of Tax code in tax determination
1.What is the function of Tax code in tax determination, and where it is assigned ?
2.What is the use of VAT registration number in Control Tab page in Cusomer master ? Does it effect the tax determination in a transaction ?Hi Sunil,
1. Tax code determines the percentage of tax on purchases
Steps for Tax determination:
Define Condition Types
Define Procedures --- You need to define the tax calculation procedure for your country
Select the calculation procedure / control data------- give the Procedure for tax determination
You create the tax code at Tcode-- FTXP
There you provide the tax percentages for the tax code
Define the tax account the Account key (OB40), which will be an account determination
2. VAT registration No in customer master will be used for any kind of tax exemptions if applicable
There can be impact inthe tax determination as the customer is entitled for the exemption.
Award points if useful,,
Thanks and regards,
Sri -
HOw many Depriciation Key we can have Maximum
HOw many Depriciation Key we can have Maximum
There is no hard and fast rule as to how many. Usually there are a number of keys that would post to FI/GL from depreciation area 01. Then there are other keys for tax/reporting purposes. Many are dependent on country specific requirements/laws.
The country specific charts of depreciation that are supplied by SAP contain the more common depreciation keys that are used. If you need to modify them, you should make a copy of the standard delivered key and then make your changes. -
Dear All,
Could any body explain me the logic why Depriciation Key S7DB is assigned in Tax depriciation Area ( Area 15) of Asset Under Construction. I have googled and searched on SDN as well as checked the SAP Help, but hadn't found any answere.
Please suggest.
Thanks & Regards
ChaitanyaHi
Ordinary depreciation is not allowed for assets under construction in most countries. You reflect this limitation by choosing a depreciation key that does not allow ordinary depreciation in the book depreciation area. To ensure that this depreciation key is protected during master data maintenance, select the asset class as the maintenance level for the book depreciation area
.For certain assets under construction, special tax depreciation is allowed. In this case you also enter corresponding keys in the asset class, to be used as mandatory default values.
However, copy a key / modify / assign as per your requirement
Reg
Suresh -
Hello Gurus,
I have received Asset Master list from Client, there is a Depriciation Key ZABC
While doing Asset upload at AS91 i found in Depri Area Tab, that there are many depriciation areas and many Depriciation keys assigned to it.
Aera # Dep Area Dep Key
01 Book Z270
10 Fed Tax Book ZMA1
11 ALT MIN ZDBA
12 ACE ZDBA
30 Con. Local Z270
31 Con. Group Z270 Grayed out
40 State SMACRS Z005
41 State ADR ZDD9
42 State Guide ZDD9
95 Insurance ZNON
99 Parallel Z270 Grayed out
Now can you please tell me where shall i put this ZABC. i mean against which Depriciation Area?Hi
It seems you have already assigned Dep Key @ Asset Class Level
you will have to ask the business where this Dep Key needs to be assigned
Br, Ajay M -
Can anybody pls forward me the steps for Defining Depriciation Key for SLM and WDV methods.
Regards
Kapex.Hi
steps of asset accounting
Copy Chart of Depreciation EC08
Copy/Delete depreciation areas OADB
Creation of 0% tax code for sales and purchases FTXP
Assign tax code for non - taxable transactions OBCL
Assign Chart of Depreciation to company code OAOB
Specify Account Determination
Create screen layout rules
Define number range intervals AS08
Creation of Asset Class OAOA
Creation of GL Accounts FS00
Assignment of Accounts for automatic postings AO90
Determine Depreciation areas in the asset class OAYZ
Specify document type for posting of Depreciation - AF-04 OBA7
Specify intervals and posting rules OBYR
Specify rounding off net book value and/or depreciation OAYO
Define screen layout for asset master data
Define screen layout for asset depreciation areas AO21
Define Base Method
Define Declining balancing methods AFAMD
Define Multi level methods AFAMS
Define Period control methods AFAMP
Maintain depreciation key AFAMA
Asset master creation AS01
Sub - Asset Master creation AS11
Posting of purchase of Main Asset F-90
Posting of purchase of sub Asset F-90
Asset Explorer AW01N
Depreciation Run AFAB
To see the depreciation document FB03
Sale of Asset F-92
Transfer Asset ABUMN
Asset Scrapping ABAVN
i hope this will help you.
if usefull assign the points -
Since installing LTR 5.4, which I've now upgraded to 5.6, I've encountered repeated slowness and malfunctions in operations, especially when using the Compare View function and the Tab key to open and close the right and left side panels. Such problems never arose during two years of using LTR-4 and nothing else has changed on my computer. I have a pretty simple system with only a few plug-ins, which are usually not in operation. I have 12GB of RAM in my Windows 7 PC. I could illustrate these problems with screen shots if you would tell me how to submit screen shots. Otherwise I will try to describe the problems in words.
The problem is clearly cumulative, growing worse as usage time passes. Compare View feature gradually slows down and eventually seems to choke as my work session proceeds. If I Exit LTR and re-enter and start all over, things will work normally for maybe 30 minutes, but then the Compare View feature begins to become very slow to respond. In a recent example with my screen full of thumbnails in Library mode I highlighted two images to compare. LTR started to open the Compare View screen by first having the top row of thumbnails disappear to be replaced by the "SELECT" and "CANDIDATE" words in their spaces (but no images), but Compare View never succeeded in gaining control of the screen. After some seconds the top row of thumbnails reasserted its position and the Compare View windows disappeared. But LTR kept trying to bring them back. Again the top row of thumbnails would go away, Select and candidate would reappear, try again, and give up. This went on for at least 2-3 minutes before I tried to choose File and Exit, but even that did not initially want to respond. It doesn't like to accept other commands when it's trying to open Compare View. Finally it allowed me to exit.
To experiment I created a new catalog of 1100 images. After 30-40 minutes, the Compare View function began to operate very slowly. With left and right side panels visible and two thumbnails highlighted, hitting Compare View can take half a minute before the two mid-size images open in their respective SELECT and CANDIDATE windows. When the side panels are open and two images are in the Select/Candidate spaces, hitting the Tab button to close the side panels produces a very delayed response--25-30 seconds to close them, a few more seconds to enlarge the two images to full size. To reverse the process (i.e., to recall the two side panels), hitting Tab would make the two sides of the screen go black for up to a minute, with no words visible. Eventually the info fields in the panels would open up.
I also created a new user account and imported a folder of 160 images. After half an hour Compare View began mis-placing data. (I have a screen shot to show this.) CANDIDATE appears on the left side of SELECT, whereas it should be on the right. The accompanying camera exposure data appears almost entirely to the left of the mid-screen dividing line. Although the Candidate and Select headings were transposed, the image exposure data was not, but the data for the image on the right was almost entirely to the left of the line dividing the screen in two.
Gurus in The Lightroom Forum have examined Task Manager data showing Processes running and Performance indicators and they see nothing wrong. I could also send screen shots of this data.
At this point, the only way I can process my images is to work 30-40 minutes and then shut down everything, exit, and re-start LTR. This is not normal. I hope you can find the cause, and then the solution. If you would like to see my screen shots, tell me how to submit them.
Ollie
[email protected]Since installing LTR 5.4, which I've now upgraded to 5.6, I've encountered repeated slowness and malfunctions in operations, especially when using the Compare View function and the Tab key to open and close the right and left side panels. Such problems never arose during two years of using LTR-4 and nothing else has changed on my computer. I have a pretty simple system with only a few plug-ins, which are usually not in operation. I have 12GB of RAM in my Windows 7 PC. I could illustrate these problems with screen shots if you would tell me how to submit screen shots. Otherwise I will try to describe the problems in words.
The problem is clearly cumulative, growing worse as usage time passes. Compare View feature gradually slows down and eventually seems to choke as my work session proceeds. If I Exit LTR and re-enter and start all over, things will work normally for maybe 30 minutes, but then the Compare View feature begins to become very slow to respond. In a recent example with my screen full of thumbnails in Library mode I highlighted two images to compare. LTR started to open the Compare View screen by first having the top row of thumbnails disappear to be replaced by the "SELECT" and "CANDIDATE" words in their spaces (but no images), but Compare View never succeeded in gaining control of the screen. After some seconds the top row of thumbnails reasserted its position and the Compare View windows disappeared. But LTR kept trying to bring them back. Again the top row of thumbnails would go away, Select and candidate would reappear, try again, and give up. This went on for at least 2-3 minutes before I tried to choose File and Exit, but even that did not initially want to respond. It doesn't like to accept other commands when it's trying to open Compare View. Finally it allowed me to exit.
To experiment I created a new catalog of 1100 images. After 30-40 minutes, the Compare View function began to operate very slowly. With left and right side panels visible and two thumbnails highlighted, hitting Compare View can take half a minute before the two mid-size images open in their respective SELECT and CANDIDATE windows. When the side panels are open and two images are in the Select/Candidate spaces, hitting the Tab button to close the side panels produces a very delayed response--25-30 seconds to close them, a few more seconds to enlarge the two images to full size. To reverse the process (i.e., to recall the two side panels), hitting Tab would make the two sides of the screen go black for up to a minute, with no words visible. Eventually the info fields in the panels would open up.
I also created a new user account and imported a folder of 160 images. After half an hour Compare View began mis-placing data. (I have a screen shot to show this.) CANDIDATE appears on the left side of SELECT, whereas it should be on the right. The accompanying camera exposure data appears almost entirely to the left of the mid-screen dividing line. Although the Candidate and Select headings were transposed, the image exposure data was not, but the data for the image on the right was almost entirely to the left of the line dividing the screen in two.
Gurus in The Lightroom Forum have examined Task Manager data showing Processes running and Performance indicators and they see nothing wrong. I could also send screen shots of this data.
At this point, the only way I can process my images is to work 30-40 minutes and then shut down everything, exit, and re-start LTR. This is not normal. I hope you can find the cause, and then the solution. If you would like to see my screen shots, tell me how to submit them.
Ollie
[email protected] -
What are the functions of all the keys on my (not wireless) keyboard?
what are the functions of all the keys on the (non wireless) keyboard?
System Preferences > Language and Text > Input Sources tab. Top of the left column, tick (check) "Keyboard and Character Viewer", Bottom of window next to search field, tick "Show input menu in menu bar"
System Preferences > Keyboard > Keyboard tab; tick "show keyboard and character viewers in menu bar"
If you open Keyboard Viewer and press the alt (option) key, the location of the diacritical marks and common symbols will be revealed. Note that five of them are highlighted in orange; these are the ones which can be used with multiple letters (acute, umlaut, gràve, circumflex and tilde)
Shift+Alt will show more. -
In the last few days, I've encountered a problem with scrolling with my up & down keys. The up & down keys seem to, now function as Home & End keys. MyPage Up & Page Down keys seem to do nothing. What is wrong?
Hit the '''F7''' key, you probably have Caret browsing turned on.
http://kb.mozillazine.org/Accessibility.browsewithcaret -
Can one call a function module in Calculated Key Figure?
Can one call a function module in Calculated Key Figure? If yes how, if not, what is the solution if formula does not suffice?
I want to convert duration which is in seconds to Duration in Hours and Minutes. There is a function module for doing it. Not sure how to do it in a formula.One option you have is a Virtual Key Figure and User Exit to use the Function Module to convert the time from seconds to HH:MM. Here are two documents on this subject to help you create them, based on the technology your comfortable with:
[Implementing Virtual Key Figure/ Characteristics Makes Query More Dynamic|https://www.sdn.sap.com/irj/scn/index?rid=/library/uuid/e051fda8-71a9-2a10-ac9e-8d17414a8c8c&overridelayout=true]
[Step By Step Process for Virtual Key Figures and Characteristics through BAdi|http://www.sdn.sap.com/irj/scn/index?rid=/library/uuid/60e34f63-f44c-2c10-488e-c89b04e0ca7c&overridelayout=true] -
The function of the F keys at the top of my keyboard no longer work as they used to. The actions they do no longer correspond to the symbols that are printed on them. For example, the volume buttons no longer control volume and now change the display to full-screen instead, and the brightness buttons don't do anything at all.
This started today and I'm finding it very irritating. I checked in System Preferences and didn't find any obvious way to turn most of them back to what they used to do.
Help?In System Preferences > Keyboard uncheck Use all F1, F2, etc. keys as standard function keys.
-
Dear Support,
Is there a possibility to switch off in Firefox the functionality of quick launch key (additional key in laptop) that cause to run the homepage. I would like to switch this functionality off, because the key is malfunctioned and always pressed. I was able to switch off the functionality of this key in Windows system by deleting entries in registry Computer\HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\Windows\CurrentVersion\Explorer\AppKey. After this change, when somebody works in system the Firefox is not running is not launching all the time. But when I open the Firefox the setting in system is overwritten and when I am using it Firefox returns to the homepage instantly. I think because of this quick launch button. I tried to change settings in about:config like browser.startup.homepage, browser.startup.homepage_override, startup.homepage_override_url,… this is for Firefox version is 10.0.2
Thank you
Best RegardsHi,
Thank you for your interesst.
This internet button key is one of buttons located above the keyboard near the power button. What I have achieved to this moment was to stop it functionality in the system by clearing the entries in the fields Computer\HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\Windows\CurrentVersion\Explorer\AppKey\17\ShellExecute and entry
Computer\HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\Windows\CurrentVersion\Explorer\AppKey\7\Association that was http
After these changes in registry the behavior of the button was suppressed, the Firefox stopped to start unexpectedly all the time – so in system it works. But the problem is still when I have opened Firefox. Every time when you want to surf in internet – the homepage is activated also unexpectedly. I wrote this post with intention to ask if there is a possibility to switch off the functionality of this quick launch button in Firefox. Because I assume Firefox overrides the system setup – this I have made in registry. I tried with some option changes in about:config but without success. And I know that for older versions of firefox was some option in about:config do disable_quick launch button. But in 10.0.2 I couldn't locate it.
Thank you
Regards
Lukasz -
US Tax Error - " specify Tax jurisdiction key"
Hi I have configured the input taxes properly. I have created a tax code for 0% tax and assigned it to a jurisdiction and specified. I have selected the procedure TAXUSJ. when I try to post an invoice the system is giving an error saying " specify a Tax jurisdiction Key".
Regards
MadhuHi madu,
i think in your invoice screen (f-43 or f-22) the Tax jurisdiction code is in suppressed mode.
so please Go to the TCODE:OBD2 for customers OBD3 for vendors and select your customer or vendor group then select display button.here select general data under field status then double click on control under select group. here you can make Tax jurisdiction code as a optional then save the changes.
definitely this will help you
Thanq,
Sandhya. -
MSI Wind U110 - Reverse/swap the keys functions of the "Fn" key with "Left Ctrl"
Hi guys,
is there a bios-fix to reverse/swap the keys functions of the "Fn" key with "Left Ctrl" for the MSI Wind U110. I don't know why this keyboard is still that disfunctional. I think this is a well known issue, people complaining about for a long time. I am really hoping that you can help me.
Thank you, CyberKlabauter.Quote from: Henry on 08-December-09, 10:47:03
Have you tried using the 'Search' function up there.
I did. But maybe I'm to stupid to do it right. I found this thread http://forum.msi.com.tw/index.php?topic=121066.0 but there is nothing about the U110. If I'm searching for U110 I get only three topics (one is this one). I guess I shouldn't use any bios hack from a other model.
May you're willing to help me a little bit more. Thank you. -
Error in external tax system: Specify a tax jurisdiction key
Hi Experts,
US Customer is not allowed to create Shopping Cart (SC) due to the below error
Error in external tax system:
Specify a tax jurisdiction key.
Kindly share your views about this error. Tax code displayed in the held SC of that user is AP .Hi Gomathi,
Please take a look at the notes below:
656474 IMG activity documentation for Taxes
633784 US taxes not calculated
436760 TAX. Specify a tax jurisdiction key
419026 TAX. TXJCD determination in backend system
392696 R/3 Tax Interface Configuration Guide
Best regards,
Christian Zeucbh
Maybe you are looking for
-
HT204053 Can I use my Apple ID that I have for my iPod, for my new iPad? And how?
HELP. Can I use my Apple ID that i have for my iPod, for my new iPad? If so, how?
-
I am testing a SSD (A-Data, SandForce Controller, > 260Mbytes/s read/write). I am using the e-sata connection with a dock. I am only getting 120Mbytes/s and wondering why. Any suggestions? Do I need to install the latest AMD drivers for the SB850
-
How to create profit center in SAP Retail-IS
How to create new profit center in SAP retial? please give me complete steps for create new profit center. thnax in advance
-
Attaching Script & Driver Program to Transaction QM03 (Quality Management)
Hi Experts, I have created a new script with a driver program. I need to attach it to tha transaction QM01, QM02, QM03. I have assingned it to the transaction & its working fine till the time of Print Privew. But When I give the Print command for tha
-
Mac - Outlook and Calendar issues
I have an Mac with two unique users, both with seperate iPhones. I am using Microsoft Outlook as I was comfrotable with that when I made my switch. My iPhone does not sync with the Outlook Calendar though, so I don't know my schedule when I am not in