Configuring Asset Accounting

The configuration steps for Asset Accounting in brief are as follows:

  1. Copy a reference chart of depreciation areas
  2. Assign Input Tax indicator for non taxable acquisitions
  3. Assign chart of depreciation area to company code
  4. Specify account determination
  5. Define number range interval
  6. Define asset classes
  7. Define depreciation areas posting to general ledger
  8. Define depreciation key