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How to Configure Asset Blocks and Calculation of Tax Depreciation?

Updated May 18, 2018

Hello Experts,

How to create Asset blocks in asset accounting? And please explain that what is the complete depreciation calculation process. It is for Indian Tax reporting purpose.

Thanks in advance.


Comments

  • 28 Dec 2015 10:59 am Chandan Singh Parihar Helpful Answer

    You can set the blocking indicator in the asset master record. Once the blocking indicator is set, you can no longer post acquisitions to this asset.

    Use transaction code AS05.


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