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Asset Class

German Translation



Accounting with SAP R/3

Short Description

The main criterion for classifying fixed assets according to legal and management requirements.
For each asset class, control parameters and default values can be defined for depreciation calculation and other master data.
Each asset master record must be assigned to one asset class.
Special asset classes are, for example:
Assets under construction
Low-value assets
Leased assets
Financial assets
Technical assets
[vgl. (4.1.2002), URL]