What is depreciation bonus in SAP FI-AA - Asset Accounting?

SAP Term: depreciation bonus

• Component: FI-AA

• Component Name: Asset Accounting

• Description: In Russia, a special depreciation that you can apply in addition to the ordinary depreciation to reduce the asset net book value in the tax depreciation area. In case of investments and improvements, the law allows you to include a maximum of 10% of the acquisition cost in the amount of expenses. You can write off the depreciation bonus amount once: In the month following the month of acquisition for investments In the month of acquisition for improvements The ordinary depreciation can be posted only after posting the depreciation bonus.

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• Key Concepts: 
  Depreciation bonus is a feature in SAP FI-AA Asset Accounting that allows companies to reduce the amount of depreciation they must pay on an asset. This is done by increasing the asset's useful life, which reduces the amount of depreciation that must be paid over the life of the asset. 
  
  How to use it: 
  To use the depreciation bonus feature, a company must first set up an asset in SAP FI-AA Asset Accounting. Once the asset is set up, the company can then enter the depreciation bonus percentage in the asset master data. This percentage will be used to calculate the new useful life of the asset, which will then be used to calculate the amount of depreciation that must be paid over the life of the asset. 
  
  Tips & Tricks: 
  When setting up an asset in SAP FI-AA Asset Accounting, it is important to enter accurate information about the asset's useful life and depreciation bonus percentage. This will ensure that the correct amount of depreciation is calculated for the asset. 
  
  Related Information: 
  For more information about SAP FI-AA Asset Accounting and how to use it, please refer to SAP's official documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use SAP FI-AA Asset Accounting.