What is base value in SAP FI-AA - Asset Accounting?

SAP Term: base value

• Component: FI-AA

• Component Name: Asset Accounting

• Description: The value used as the basis for the calculation of depreciation, as specified by a given calculation method.

Smart SAP Assistant

• Key Concepts: 
  Base value is a term used in SAP Asset Accounting (FI-AA) to refer to the original value of an asset. This value is used to calculate the depreciation of the asset over time. It is also known as the acquisition value or book value. 
  
  How to use it: 
  The base value of an asset is entered when the asset is initially created in SAP. This value is then used to calculate the depreciation of the asset over time. The base value can be changed at any time, but this will affect the depreciation calculations. 
  
  Tips & Tricks: 
  When entering a base value for an asset, it is important to ensure that it is accurate and up-to-date. This will ensure that the depreciation calculations are accurate and that the asset's book value remains accurate over time. 
  
  Related Information: 
  For more information on base values and how they are used in SAP Asset Accounting, please refer to the SAP Help documentation.