Finance & Controlling
What is Depreciation Key?
A key that defines the calculation method for depreciation, such as straight-line or declining balance.
Depreciation keys combine calculation methods for base, rate, and period control. They are assigned per asset and depreciation area. Wrong keys in migrated assets cause depreciation differences in the first run after go-live.
Related transaction codes
Related terms
Depreciation Area
A valuation of an asset for a specific purpose, such as book, tax, or group reporting, within a chart of depreciation.
Asset Class
A grouping of fixed assets that provides default account determination, depreciation terms, and screen layout.
Depreciation Run
The periodic program that posts planned depreciation from asset accounting to the general ledger.
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