Asset Accounting in SAP FICO Interview Questions - Frequently Asked | Concept & Use (Video-2)

Frequently Asked SAP FICO Interview Questions based on key segments under Asset Accounting. Explained their concept & Use. Topics include Depreciation Area, Account Determination, Asset Class & more.
Following are the Questions majorly covered:-
What is Chart of Depreciation?
What do you understand by Depreciation Area?
What is Account Determination
What do you understand by Asset Class
What is a Depreciation Key & its use?
How many depreciation area can be defined for the company code?
What is the Difference between Chart Of Account (COA) & Chart of Depreciation (COD)?
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[@TheVivekgdesai]

Thanks for this video.

[@AshokChintha-zm3jb]

No 1 Sir You are explaining....

[@PradeepHota]

thanks

[@venkisachin464]

Thank you sir such a clear explanation.

[@PradeepHota]

You are welcome

[@chandubhusarapu7954]

Elaboration & explain awesome pradeep, no logs pin to pin to only useful info', Thos who are going to appear for an interview, Keep doing many more videos, pradeep,,

[@PradeepHota]

thanks for feedback

[@sovanbaraj989]

Sir . Your way of explaining is very good..

[@PradeepHota]

Thanks and welcome

[@accountantrajatsharma2992]

Sir please make reels on shortcut keys.

[@chennakesavulu9273]

Hi Sir Thanks for sharing - please prepare Asset accounting cycle with Journal entries Many interviews i got this questions no proper videos with SAP journal accounting entries Thanks in Advance

[@rameshbabu532]

Nice explanation . Keep doing

[@PradeepHota]

Thank you 🙂

[@raviteja9860]

Plz make a detailed video on that

[@iamshoaibsrk4999]

Hello sir Please make a detailed video about transport requests

[@Sudhansujena93]

make a video on cut-over activities

[@PradeepHota]

sure, very soon

[@rittik5258]

Hi sir, Please make a video on wbs elements 🙏😊

[@gitishkumarrout3821]

Hi pradeep could you please prepare on cutover activities and issues in cutover activities as i interview they are asking this question

[@user-sx3co5ji5c]

Hello SirJi, Can you Please ellobratively explain AUC through Internal Control senario and Significance of Investment Measure.

[@raviteja9860]

Sir i got a scenario question on asset accounting like previous year client calculated depreciation at 8% and books of accounts were closed now client wants to calculate depreciation at 10% for previous year is it possible and how we can do it ?

[@mamathadevi302]

Thank you sir. Please provide information regarding valuated asset acquisition and non-valuated asset acquisition and if wants to acquisition fixed assets which one preferable.

[@PradeepHota]

Will upload soon

[@mamathadevi302]

Thank you sir

[@rajeshsarangula8352]

Hi sir , I got a question like when we transfer assets from one legal entity to another legal entity what would be the impact on the group reporting side... please advice

[@suresht6560]

What is depreciation smoothing? Recent intervier asked me

[@Esw66]

Hi sir

[@nageshcv474]

What is technical clearing account

[@PradeepHota]

Technical clearing account used for Asset & GL Reconciliation. Its replacement of ABST2 which was there in ECC

[@avr5302]

Hello Sir, 1 question I faced in interview, if we have only 1 expense is there how to split( profit center)? as per my knowledge if 1 expense is there that won't be split. Is it possible to split

[@PradeepHota]

One exp can be split as per required characteristics like Business Area, Profit Center or Segment . so one exp splitting possible