IT Depreciation Prerequisites and Configuration

Prerequisites Activate Country-Specific Data

Activate Business Function -FIN_LOC_CI_8 SFW5
Specify Tab Layout for Asset Master Record

Note :

1. For individual assets, the system will not show any depreciation in the income tax
depreciation area.

2. For the group assets, the system will not display the book depreciation area.

3. At the time of takeover of old asset data, create the group assets first and specify the
opening gross value and accumulated depreciation for the income tax depreciation
area. Then while creating the individual assets, you have to specify the opening gross
value and accumulated depreciation for the book depreciation area only.