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What is the difference between periodic asset postings and depreciation pos

Former Member
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805

Hi,

What is the difference between periodic asset postings and depreciation postings in asset accounting.

Regards, Naresh Yadav

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Answers (2)

Answers (2)

srinivasa_maruvada
Active Contributor
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ASKBN or ASKB : Periodic asset posting will update acquisition and depreciation in depreciation area other than area 01 which are maintained as post "APC and depreciation on periodic basis" by using ASKB or ASKBN

Separate set of GL accounts will be used for ASKBN. You can run ASKBN or ASKB as and when you need it and not necessarily nonth end

AFAB : To post a book depreciation at every period and this activity usually every month end which posts depreciation 01 Book Depreciation and other areas maintained as realtime at OADB

Srinivas

former_member309133
Active Contributor
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Periodic asset posting is done to update the acquisition and depreciation in depreciation area other than area 01 which are maintained as post "APC and depreciation on periodic basis".

However depreciation posting is a periodic activity which posts depreciation to area 01 and other areas maintained as realtime update. The FI entry is generated in this activity.

Sangram