How to use RFKRADEC - Declining balance Depreciation (KR)

SAP Transaction Code - Details

• Transaction Code: RFKRADEC

  Description: Declining balance Depreciation (KR)

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

• • Program: RAIDKRA08

    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: RFKRADEC - Declining balance Depreciation (KR)

  
  Overview:
  The SAP transaction code RFKRADEC is used to calculate the declining balance depreciation (KR) for an asset. This code is used to calculate the depreciation of an asset over its useful life, taking into account the asset's residual value. 
  
  Functionality: 
  The RFKRADEC transaction code allows users to calculate the declining balance depreciation (KR) for an asset. This code takes into account the asset's useful life, residual value, and depreciation rate. The depreciation rate is calculated based on the asset's useful life and residual value. The depreciation rate is then applied to the asset's book value to calculate the amount of depreciation for each period. 
  
  Step-by-step How to Use: 
  1. Enter the RFKRADEC transaction code in the SAP system. 
  2. Enter the asset number and select “Execute”. 
  3. Enter the useful life and residual value of the asset. 
  4. Select “Calculate” to calculate the depreciation rate for the asset. 
  5. Enter the book value of the asset and select “Calculate” to calculate the amount of depreciation for each period. 
  6. Select “Save” to save your changes. 
  
  Other Recommendations: 
  It is important to note that this transaction code should only be used for assets that are depreciated using a declining balance method. Additionally, it is important to ensure that all relevant information about the asset is entered correctly in order to get accurate results from this transaction code.