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Detailing Settings for Asset Accounting
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Configuring Fixed Asset Class
Configuring Fixed Asset Class
Managing Asset Classes
18 min
Defining Account Determination
15 min
Creating new Asset Classes
27 min
Activating Maximum Amount Check for Low-Value Assets
15 min
Quiz
Validating and Substituting Asset Master Data
Validating Asset Master Record Fields
32 min
Substituting Asset Master Record Fields
40 min
Quiz
Configuring Fixed Asset Class
Managing Asset Classes
18 min
Defining Account Determination
15 min
Creating new Asset Classes
27 min
Activating Maximum Amount Check for Low-Value Assets
15 min
Quiz
Validating and Substituting Asset Master Data
Validating Asset Master Record Fields
32 min
Substituting Asset Master Record Fields
40 min
Quiz
Knowledge quiz
It's time to put what you've learned to the test, get 4 right to pass this unit.
1.
In which configuration step can you define that a maximum amount check is to be made for an asset class?
Choose the correct answer.
Define asset class.
Make Valuation View-Dependent Settings for Asset Class.
Specify Amounts.
2.
Identify the data you can store in the definition of the asset class configuration step.
There are two correct answers.
Unit of measure of the asset
Master data layout
Account determination
Number range of FI-document number of the posting document
3.
Which elements are connected by the validation view?
Choose the correct answer.
The ledger with the accounting principle
The accounting principle with depreciation area
Ledger with depreciation area
4.
Which statements regarding the asset class are correct?
There are three correct answers.
New Asset Classes can create and assign a new account determination.
New account determinations can be assigned to the asset classes are possible, even if postings exist.
Changes to the accounts are possible, even if postings exist.
The default values for useful lives and depreciation keys can be adjusted.
The same account determinations can be assigned to different asset classes.
5.
Which accounts are reconciliation accounts of Asset Accounting?
There are two correct answers.
Offsetting account for revaluation
Balance Sheet Account: Acquisition and Product Costs
G/L account for asset retirement gain
Accumulated Depreciation Account for Ordinary Depreciation