How to use OAK1 - C AM Consist. Chart of Depreciation

SAP Transaction Code - Details

• Transaction Code: OAK1

  Description: C AM Consist. Chart of Depreciation

  Release: S/4HANA and ECC 6

• • Program: RACAFAPL

    Screen: 0

    Authorization Object:

  • Development Package: AC

    Package Description: Asset Accounting: Customizing

    Parent Package: APPL

  • Module/Component: FI-AA-AA

    Description: Basic Functions

Smart SAP Assistant

• SAP Tcode: OAK1 - C AM Consist. Chart of Depreciation

  
  Overview:
  The SAP transaction code OAK1 is used to create and maintain a chart of depreciation. This chart of depreciation is used to calculate the depreciation of fixed assets over time. The chart of depreciation is also used to determine the tax liability associated with the asset. 
  
  Functionality: 
  The OAK1 transaction code allows users to create and maintain a chart of depreciation. This chart of depreciation is used to calculate the depreciation of fixed assets over time. The chart of depreciation also determines the tax liability associated with the asset. The chart of depreciation can be customized according to the user's needs and preferences. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code OAK1 in the command field. 
  2. Select “Create” from the menu bar. 
  3. Enter the name of the chart of depreciation in the “Chart Name” field. 
  4. Enter the start date for the chart in the “Start Date” field. 
  5. Enter the end date for the chart in the “End Date” field. 
  6. Select “Save” from the menu bar to save your changes. 
  7. Select “Activate” from the menu bar to activate your chart of depreciation. 
  8. Select “Display” from the menu bar to view your chart of depreciation. 
  
  Other Recommendations: 
  It is recommended that users regularly review and update their charts of depreciation as needed in order to ensure accuracy and compliance with tax regulations. Additionally, users should consult with their tax advisors or other experts when creating or updating their charts of depreciation in order to ensure accuracy and compliance with applicable laws and regulations.