Fixed Assets Periodic Depreciation: Business Process and Important Terms

An overview of the fixed assets depreciation and the meaning of the below important terms:
Acquisition Production Cost (APC)
Residual Value
Depreciation Basis
Depreciation Expense
Accumulated Depreciation
Depreciation Methods / Keys
Depreciation Areas
Parallel Accounting
Parallel Currencies
Links:
IFRS 16 and 38 bit.ly/3wP3sDt
Depreciation Methods bit.ly/3XXm7J3
Support the channel and get access to Member exclusive content:
/ @abdullahgalal

Пікірлер: 18

  • @raybuttigieg1343
    @raybuttigieg1343 Жыл бұрын

    Abdullah, can you please confirm how you stored the depreciation basis of 4,800 differently from the acquisition value of 5,000. Is this by specifying a different base value method in the depreciation key? Is the planned future residual value stored on the asset master?

  • @AbdullahGalal

    @AbdullahGalal

    Жыл бұрын

    The residual value

  • @raybuttigieg1343

    @raybuttigieg1343

    Жыл бұрын

    @@AbdullahGalal Thanks. so I found the scrap value field ANLB-SCHRW in the depreciation area specific settings in the fixed asset. But then I notice that the planned depreciation is not reduced over the life of the asset. Only in the final year is planned depreciation adjusted to leave the scrap value remaining. so in your example, I assume you have used a specific base value rule in the Multi-Level method to reduce the planned depreciation across the entire useful life of the asset?

  • @raybuttigieg1343

    @raybuttigieg1343

    Жыл бұрын

    Figured it out. Had to define a cutoff value key and assign it to my depreciation key. In the cutoff value key, there is the indicator to reduce the base value by the scrap value. Thank you @AbdullahGalal for giving me the inspiration to figure this out, for despite working with SAP fixed assets for nearly 20 years, I never had the need to use this functionality before.

  • @AbdullahGalal

    @AbdullahGalal

    Жыл бұрын

    Thanks a lot @Ray for coming back with your findings, I'll pin your comment in case others face the same issue. Excuse me for the late reply, I always use a filter when checking comments to only show the ones I've not responded to but will no longer do this :)

  • @gouravbose8105

    @gouravbose8105

    Ай бұрын

    @@raybuttigieg1343 Hi Ray, have a quick question on depreciation computation logic by SAP. What is the Differences between base method 0007 V$ 0011 in which scenario we use one of the other? Secondly how these base methods are interlinked with Multi-level method base value?

  • @SP-vg8ih
    @SP-vg8ih5 ай бұрын

    Amazing trainer who explains complex functionalities in simpler form in order for us to understand it clearly. Many Thanks Sir!

  • @Hers245
    @Hers2459 ай бұрын

    Abdullah, thank you.🎉

  • @MeditationMusicMovies420
    @MeditationMusicMovies420 Жыл бұрын

    I subscribed because of worth full content

  • @AbdullahGalal

    @AbdullahGalal

    Жыл бұрын

    welcome on board

  • @gouravbose8105
    @gouravbose8105Ай бұрын

    Hi Abdullah, I have a quick question? Difference between base method 0007 V$ 0011 in which scenario we use one of the other? Secondly how these base methods are interlinked with Multi-level method base value?

  • @AbdullahGalal

    @AbdullahGalal

    Ай бұрын

    Always difficult questions Gourav 😀 I would check the configuration of both methods to understand the difference from the parameters

  • @slocktv27
    @slocktv274 ай бұрын

    what app for making the presentation sir?

  • @AbdullahGalal

    @AbdullahGalal

    3 ай бұрын

    I use Camtasia for recording the screen and Adobe Premier for editing