Review Quiz: Depreciation Areas in Asset Accounting with the Retrofit Process

  • by Hemachandra K. Srinivasa, Principal Consultant, Infosys Limited
  • December 31, 2013
Financials
Review 13 questions and answers on maintaining depreciation areas in asset accounting (FI-AA) with the retrofit process. This primer will help you review the key points related to this process.
Learning Objectives

After reviewing the questions and answers in this primer, you’ll know:

  • The correct methods to use to add or retrofit depreciation areas with a specific depreciation key
  • The correct sequence to use for a smooth transformation to add new depreciation areas
  • Two different ways to add new depreciation areas
  • What happens when a new depreciation area is added to a country already live in an SAP system
Key Concept

In SAP ERP Central Component (SAP ECC) 6.0 Asset Accounting (FI-AA) can be adopted by default with no restriction on the kind of industry. It has the flexibility to adopt country-specific legal valuation requirements via customizing.

This quiz focuses on the process to add and retrofit depreciation areas with a specific depreciation key. It also covers the use of a substitution rule and worklists when a new company code with a specific legal requirement on depreciation calculation and reporting is rolled out in the same country with an already existing company code.

You need to have SAP ERP Central Component (SAP ECC) with the SAP General Ledger and the Asset Accounting (FI-AA) module implemented to do this process.

1. Which method to add or retrofit depreciation areas with a specific depreciation key is correct?

A. Substitution rule only
B. Worklists only
C. Both substitution rule and worklists
D. Neither substitution rule nor worklists

 

Hemachandra K. Srinivasa

Hemachandra K. Srinivasa is a principal consultant at Infosys Limited with more than 12 years of SAP FI/CO experience. He has experience in manufacturing and process industry working along with worldwide implementation and rollouts. He holds a bachelor’s degree in industrial production engineering and a master’s in financial accounting.

 

See more by this author


Comments

No comments have been submitted on this article. 


Please log in to post a comment.

To learn more about subscription access to premium content, click here.