An essential function of account determination in the asset class is to establish a link between the asset master records, their values, and the G/L accounts to which the related asset values and depreciation are posted.
Determine whether this statement is true or false. True False. The number range controls the assignment of the asset master record number.
Determine whether this statement is true or false True False. Which of the following parameters are controlled by the screen layout?
Choose the correct answers Field selection Maintenance level Reference Number range. The maintenance level of the depreciation screen layout rules guarantees that
depreciation is controlled uniformly.
Determine whether this statement is true or false. True False. You can also enter down payments on an asset under construction (AuC) in accounts
payable accounting processes.
Determine whether this statement is true or false. True False. Low value assets cannot be managed collectively, regardless of the number of assets per
master record.
Determine whether this statement is true or false. False True. You can create an asset master record using an asset class or using any other asset as a
reference. True False. When you create multiple similar asset master records, which of the following fields allow
you to make separate entries for each individual asset?
Choose the correct answers. Description of the asset License plate number Inventory number Cost center. The system does not create a change document every time you change an asset master
record.
Determine whether this statement is true or false False True. Identify some of the fields related to the depreciation area in the asset master record.
Choose the correct answers. Depreciation start Asset description Useful life Scrap value. To carry out mass changes, you can edit a worklist from the FI-AA application menu.
Determine whether this statement is true or false. True False. If you use company codes with different operational charts of accounts, you only need one
account determination key to post asset values for one class to accounts in different
charts of accounts True False. The available maintenance levels for Asset class are- Asset class Main asset number Subnumber Chart of Account . Even after an AuC has been fully capitalized, it is still possible to post credit memos. For
this, negative APC values must be permitted in the detail screen of the depreciation data
section. True False. During mass creation, you can maintain separate values for each asset in the following fields Description of the asset Inventory number Business area Cost center Evaluation groups (1 to 5). in F4 serch self up to how many of master data records you most recently processed can be listed- 99 500 999 ALL. If you change master data in the asset later, the system automatically updates the fields in the equipment master record.
Similarly, if you make changes in the fields of the equipment master record, the system
automatically updates the master data in the asset True False.
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