Definition

An object that contains the defined depreciation areas. It also contains the rules for the evaluation of assets that are valid in a specific country or economic area. Each company code is allocated to one chart of depreciation. Several company codes can work with the same chart of depreciation. The chart of depreciation and the chart of accounts are completely independent of one another.

For more information, see Chart of Depreciation .

Use

When you create a company code using the template for Turkey, the system assigns it chart of depreciation 1TR, which follows Turkish accounting requirements.

In Turkey, you post revaluation amounts to the book depreciation area. The revaluation amounts are said to constitute a revaluation fund . Companies can transfer part of this fund to their share capital (see Transferring Part of the Revaluation Fund to Share Capital ).

Structure

Chart of Depreciation 1TR