How to use RFKRASL - Straight Line Depreciation Korea

SAP Transaction Code - Details

• Transaction Code: RFKRASL

  Description: Straight Line Depreciation Korea

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Financial Accounting > Fixed Assets > Information System > Reports on Asset Accounting > Preparations for closing > Country/Region Specifics > Korea > Straight Line Legal Reports (SIBUIN)
  • Accounting > Investment Management > Assets > Information System > Reports on Asset Accounting > Preparations for closing > Country/Region Specifics > Korea > Straight Line Legal Reports (SIBUIN)
  • Information Systems > Accounting > Financial Accounting > Fixed Assets > Asset Accounting Information System > Preparations for closing > Country/Region Specifics > Korea > Straight Line Legal Reports (SIBUIN)
  • Information Systems > General Report Selection > Financial Accounting > Asset Accounting Reports > Preparations for closing > Country/Region Specifics > Korea > Straight Line Legal Reports (SIBUIN)

• • Program: RAIDKRA07

    Screen: 1000

    Authorization Object:

  • Development Package: ID-FIAA-KR

    Package Description: FI-AA Localization (South Korea)

    Parent Package: APPL

  • Module/Component: FI-LOC-AA-KR

    Description: Asset Accounting South Korea

Smart SAP Assistant

• SAP Tcode: RFKRASL - Straight Line Depreciation Korea

  
  Overview:
  The SAP transaction code RFKRASL is used to calculate straight line depreciation in Korea. This code is used to calculate the depreciation of an asset over its useful life, based on the straight line method. This method is used to spread the cost of an asset evenly over its useful life. 
  
  Functionality: 
  The RFKRASL transaction code is used to calculate the depreciation of an asset in Korea using the straight line method. This method is based on the assumption that the asset will be used for its entire useful life and that the cost of the asset will be spread evenly over that period. The depreciation amount is calculated by dividing the cost of the asset by its useful life. 
  
  Step-by-step How to Use: 
  1. Enter transaction code RFKRASL in the command field. 
  2. Enter the asset number and select “Calculate”. 
  3. Enter the useful life of the asset and select “Calculate”. 
  4. The system will calculate and display the depreciation amount for each period of time. 
  5. Select “Save” to save the calculation results. 
  
  Other Recommendations: 
  It is important to note that this transaction code only applies to assets located in Korea and does not apply to assets located in other countries or regions. Additionally, it is important to ensure that all relevant information regarding an asset’s useful life is entered accurately in order to ensure accurate calculations.