What is subasset account in SAP SRD-FIN-FA - FIN-Fixed Assets?

SAP Term: subasset account

• Component: SRD-FIN-FA

• Component Name: FIN-Fixed Assets

• Description: Component of an asset that is depreciated with different terms. A distinction between assets and subasset accounts is required by law in some countries.

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• Key Concepts: 
  A subasset account is a type of asset account in SAP's Financial Accounting (FI) module. It is used to track the value of an asset over its lifetime, and can be used to track depreciation, amortization, and other changes in value. The subasset account is linked to the main asset account, and all changes in value are reflected in both accounts. 
  
  How to use it: 
  In SAP, a subasset account is created when an asset is acquired. The subasset account is linked to the main asset account, and all changes in value are reflected in both accounts. The subasset account can be used to track depreciation, amortization, and other changes in value over the life of the asset. 
  
  Tips & Tricks: 
  When creating a subasset account, it is important to ensure that the correct asset class is selected. This will ensure that the correct depreciation and amortization rules are applied to the asset. Additionally, it is important to ensure that all changes in value are accurately reflected in both the main asset account and the subasset account. 
  
  Related Information: 
  For more information on SAP's Financial Accounting (FI) module and how to use it, please refer to SAP's official documentation. Additionally, there are many online resources available that provide detailed tutorials on how to use SAP's FI module.