Company Code-Related Features 

Use

In addition to the features at the chart of depreciation level, there are also company-code-related features for each depreciation area (FI-AA Customizing: Valuation).

Features

Amount Specifications

You can make amount specifications for: memo value, the maximum amount for low value assets, the changeover value for declining balance depreciation, and rules for rounding off of APC and remaining book value (Valuation).

When you carry out a partial retirement, the system automatically triggers depreciation recalculation. This procedure ensures that the remaining net book value is always rounded correctly (even if the proportional value adjustments of the retired APC amount would lead to a book value that is not rounded).

Foreign Currencies

The currency in the master depreciation area has to be identical to the local currency in the company code. You can manage other depreciation areas in any currency you like (Customizing: Valuation ® Foreign Currencies). For more information, see Requirements for Consolidation

Fiscal Year Version

Asset Accounting uses the same fiscal year version as in the General Ledger. If there are special circumstances, however, you can use a different fiscal year version in each company code/depreciation area (Customizing: Valuation ® Fiscal Year). Also see Fiscal Years and Periods for Asset Accounting

Distribution of Depreciation over the Fiscal Year

In general, depreciation is distributed evenly over the individual periods in the fiscal year. That is, the depreciation amount is the same in every period. However, there is a special control in Customizing (Fiscal Year) that allows for different amounts to be distributed to the individual periods.

Specifications for Net Worth Tax

At the company code level, you determine whether a depreciation area should be included in net worth valuation (see Net Worth Tax).