What is work shift-dependent depreciation in SAP SRD-FIN-FA - FIN-Fixed Assets?

SAP Term: work shift-dependent depreciation

• Component: SRD-FIN-FA

• Component Name: FIN-Fixed Assets

• Description: A depreciation method used to calculate depreciation with the shifts worked per day. Fixed assets used in multiple-shift operation are usually depreciated at a higher rate to account for the greater decrease in value of the fixed asset in the depreciation calculation.

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• Key Concepts: 
  Work shift-dependent depreciation is a feature of SAP's Fixed Assets (SRD-FIN-FA) module that allows for the depreciation of assets to be calculated based on the number of shifts worked. This feature allows for more accurate depreciation calculations, as it takes into account the actual usage of the asset. 
  
  How to use it: 
  To use work shift-dependent depreciation, you must first set up a shift schedule in the Fixed Assets module. This schedule will define the number of shifts worked and the associated depreciation rate. Once this is done, you can assign assets to the shift schedule and the depreciation will be calculated accordingly. 
  
  Tips & Tricks: 
  When setting up a shift schedule, it is important to ensure that all relevant information is included. This includes the number of shifts worked, the associated depreciation rate, and any other relevant information such as holidays or overtime. 
  
  Related Information: 
  For more information on work shift-dependent depreciation, please refer to SAP's documentation on Fixed Assets (SRD-FIN-FA). Additionally, there are many online resources available that provide further information on this topic.