What is DGCI code in SAP FI-AA - Asset Accounting?

SAP Term: DGCI code

• Component: FI-AA

• Component Name: Asset Accounting

• Description: Direcção-Geral dos Impostos In Portugal, a code assigned by the Portuguese Directorate General for Taxation, which classifies assets into groups.

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  Key Concepts: 
  DGCI code stands for “Depreciation Group Chart of Accounts Indicator” and is used in SAP FI-AA Asset Accounting. It is a code that is used to identify the chart of accounts that will be used for depreciation postings. This code is assigned to each asset class and is used to determine which chart of accounts will be used when posting depreciation. 
  
  How to use it: 
  The DGCI code is assigned to each asset class in the asset master record. When an asset is created, the DGCI code from the asset class will be automatically assigned to the asset. This code will then be used to determine which chart of accounts will be used when posting depreciation for the asset. 
  
  Tips & Tricks: 
  When creating an asset, make sure that the correct DGCI code is assigned to the asset class. This will ensure that the correct chart of accounts is used when posting depreciation for the asset. 
  
  Related Information: 
  The DGCI code can also be used to determine which depreciation area will be used when posting depreciation for an asset. The DGCI code can also be used to determine which depreciation key will be used when posting depreciation for an asset.