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Asset Accounting (FI-AA) 
The Asset
Accounting (FI-AA) component covers the most important laws and business
practices specific to Brazil. The following
documentation describes these aspects of the component. For generic
information about FI-AA, see
Asset Accounting
(FI-AA).
Country Version Brazil enables you to meet reporting requirements relating to the law Controle de Crédito de ICMS do Ativo Permanente (CIAP). The CIAP functions cover the 48-month depreciation of ICMS tax in conjunction with fixed assets. Detailed information can be found about the CIAP solution in the SAP Service Marketplace, under the Quick Link globalization; choose Country Information ® Country-Specific Documentation.
Its country template includes a sample chart of depreciation, 1BR, and the system calculates and applies the PIS and COFINS social tax contributions.
