Introduction
The Chart of Depreciation is a fundamental concept in SAP Asset Accounting (FI-AA). It defines various depreciation areas and valuation methods for assets within a company. Each country has a predefined Chart of Depreciation in SAP, which can be modified according to business needs. In this article, we will explore:- What a Chart of Depreciation is
- Its key features
- Steps to configure it in SAP
- How to assign it to a company code
What Is Chart of Depreciation?
A Chart of Depreciation is a structured directory of depreciation areas that businesses use to manage asset depreciation based on accounting requirements.Key Features of the Chart of Depreciation
- Organized Structure: The Chart of Depreciation contains various depreciation areas, allowing businesses to comply with both legal and internal financial requirements.
- Depreciation Areas: Each depreciation area has specific characteristics and rules for asset valuation. A depreciation area is assigned to only one Chart of Depreciation.
- Automatic Calculation: Depreciation keys help in the automatic calculation of asset depreciation. These keys rely on predefined calculation methods and period controls available at the client level.
- Special Asset Calculations: The Chart of Depreciation includes specific calculation objects for handling special asset values.
- Company Code Assignment: Each company code must be linked to one Chart of Depreciation.
Configuring the Chart of Depreciation in SAP
SAP provides country-specific Charts of Depreciation with predefined depreciation areas. However, businesses must create their own version by copying a reference Chart of Depreciation and modifying it as needed.Step 1: Copy Reference Chart of Depreciation/Depreciation Areas
SAP provides standard Charts of Depreciation, but they cannot be used directly. Instead, users must copy a reference Chart of Depreciation and customize it.Steps to Copy a Reference Chart of Depreciation:
- Navigate to Configuration Menu:
- Select Copy Reference Chart of Depreciation.
- Choose the Organizational Object -> Copy Org. Object.
- Enter the following details in the Copy Dialog Box:
- Click "Continue" and then "Back."
- Specify the Description of the Chart of Depreciation:
- Save the settings.
- Delete or modify depreciation areas as required.
- Finalize and save the Chart of Depreciation.
Go to SAP IMG Menu Path:
Financial Accounting -> Asset Accounting -> Organizational Structures -> Copy Reference Chart of Depreciation/Depreciation Areas
- From Chart of Depreciation: 0US
To Chart of Depreciation: BP01
- Select the line where ChDep value is BP01 and enter a
description:
BP01 - Base Line Chart of Depreciation
Step 2: Assign Chart of Depreciation to Company Code
Once a Chart of Depreciation is created, it must be assigned to a company code to enable Asset Accounting in SAP.Steps to Assign Chart of Depreciation to a Company Code:
- Navigate to Configuration Menu:
- Open the "Maintain Company Code in Asset Accounting" screen.
- Enter the following details:
- Click Save.
Financial Accounting -> Asset Accounting -> Organizational Structures -> Assign Chart of Depreciation to Company Code (Transaction OAOB)
| CoCd | Company Name | Chart Depreciation | Description |
| BP01 | SAP Best Practices | BP01 | Baseline Chart of Depreciation |
Frequently Asked Questions (FAQs)
1. What is the purpose of a Chart of Depreciation in SAP?
A Chart of Depreciation defines depreciation areas and valuation methods for assets in a company. It ensures compliance with accounting regulations and helps in asset valuation.2. Can a company have multiple Charts of Depreciation?
No, each company code in SAP is assigned to only one Chart of Depreciation. However, a Chart of Depreciation can have multiple depreciation areas to meet different accounting standards.3. What is the difference between a Chart of Depreciation and a Depreciation Area?
- Chart of Depreciation: A directory that organizes depreciation areas based on business needs.
- Depreciation Area: A specific section within the Chart of Depreciation that determines how depreciation is calculated for assets.
4. How do I modify a Chart of Depreciation in SAP?
You can modify a Chart of Depreciation by:- Deleting unnecessary depreciation areas
- Adding new depreciation areas
- Updating depreciation methods
5. What is the standard SAP transaction for assigning a Chart of Depreciation to a company code?
The standard SAP transaction code is OAOB.6. What happens if a Chart of Depreciation is not assigned to a company code?
Without a Chart of Depreciation, Asset Accounting (FI-AA) cannot function, and assets cannot be depreciated in SAP.Conclusion
The Chart of Depreciation is a crucial part of SAP Asset Accounting, ensuring accurate asset valuation and compliance with accounting regulations. By following the steps outlined above, businesses can configure a Chart of Depreciation and assign it to their company code with ease.