What is difference in SAP FI-AA - Asset Accounting?

SAP Term: difference

• Component: FI-AA

• Component Name: Asset Accounting

• Description: The value difference between two amounts determined in different ways for example, between total tax depreciation and book depreciation. These differences can be managed in derived depreciation areas.

Smart SAP Assistant

• Key Concepts: 
  In SAP FI-AA Asset Accounting, the term “difference” refers to the difference between the book value of an asset and its market value. The book value is the original cost of the asset, while the market value is the current estimated worth of the asset. 
  
  How to use it: 
  The difference between book and market values can be used to determine whether an asset should be sold or kept. If the market value is higher than the book value, then it may be beneficial to sell the asset. On the other hand, if the book value is higher than the market value, then it may be better to keep the asset. 
  
  Tips & Tricks: 
  It is important to keep track of differences between book and market values in order to make informed decisions about assets. It is also important to remember that market values can change quickly, so it is important to stay up-to-date on changes in order to make accurate decisions. 
  
  Related Information: 
  For more information on SAP FI-AA Asset Accounting, please refer to SAP’s official documentation on Asset Accounting. Additionally, there are many online resources available that provide more detailed information about SAP FI-AA Asset Accounting and how to use it effectively.