What is 'initial capitalization date' in SAP SRD-FIN-FA - FIN-Fixed Assets?

initial capitalization date - Overview

• Component: SRD-FIN-FA

• Component Name: FIN-Fixed Assets

• Description: The date on which the initial valuation of the fixed asset was performed.

initial capitalization date - Details

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  Key Concepts: 
  Initial capitalization date is a term used in SAP Fixed Assets (SRD-FIN-FA) to refer to the date when an asset is first recorded in the company’s books. This date is used to determine the depreciation of the asset over its useful life. 
  
  How to use it: 
  The initial capitalization date is entered into the system when an asset is first created. This date will be used to calculate the depreciation of the asset over its useful life. The depreciation will be calculated from the initial capitalization date until the asset is disposed of or sold. 
  
  Tips & Tricks: 
  It is important to ensure that the initial capitalization date is accurate, as this will affect the depreciation calculations for the asset. It is also important to keep track of any changes made to the initial capitalization date, as this could affect future depreciation calculations. 
  
  Related Information: 
  For more information on SAP Fixed Assets and initial capitalization dates, please refer to SAP’s documentation on Fixed Assets (SRD-FIN-FA). Additionally, you can find more information on depreciation calculations and how they are affected by initial capitalization dates in SAP’s documentation on Depreciation (SRD-FIN-DEP).