Assign Accounts for Reserves for Special Depreciation (SAP Library

Assign Accounts for Reserves for Special Depreciation

You carry out this activity to determine the general ledger accounts for writing off or setting reserves for special depreciation.

You specify the general ledger accounts to be posted to per

Account determination defined

Company code with assigned chart of accounts

Depreciation area (to be posted to automatically in Financial Accounting).

The system requests the entries required (for example, no entries for the depreciation area - these values are not posted automatically to the general ledger per valuation definition).

Note

The existence of the accounts is only checked for the chart of accounts, not for the company code.

Requirements

You must enter at least one

chart of depreciation.

You must also define

account determinations.

Standard Settings

SAP provides sample account determinations with the standard system. These account determinations refer to the standard charts of accounts for Financial Accounting.

Activities

1. Enter the relevant general ledger accounts. For more information about the meaning of the individual accounts, see the field help.

2. Check the master data of the respective general ledger accounts, to see if they have been defined appropriately for their function as reconciliation accounts for Asset Accounting.

Note

If you enter accounts for gains and losses for this depreciation area, the system does not post revenue from writing off reserves for special depreciation. Instead, the system includes the revenue from writing off reserves for special depreciation which arises on the sale of an asset in the calculation of the gain or loss. The system balances the commercial loss with an offsetting posting, and posts the total/ difference from the revenue from writing off reserves for special depreciation and from the commercial loss, to these accounts.