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J_1UFTASSGROUP - Define Tax Groups for Assets

J_1UFTASSGROUP - Define Tax Groups for Assets

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In this Customizing activity, you define tax groups for assets and you assign the required depreciation keys to each tax group.

When you run the Fixed Asset Repairs Processing (transaction J1UFFAR) report, the system groups fixed assets for which repairs have been carried out according to the tax group. The total repair cost for the tax group, for example, forms the basis of the proportional distribution of the book value increase to individual assets in the tax group (that is, the value of each asset in the tax group is increased proportionally according to the ratio of actual repair costs of an asset to the total repair costs of all assets in the tax group).

Recommendation

To fulfill the legal requirements for asset accounting in Ukraine, we recommend that you assign all assets (that is, all relevant tax depreciation keys) to tax group 99 and that you do not enter any assets in the Asset field. This ensures that the system increases the value of the individual assets in the tax group proportionally according to the ratio of actual repair costs of an asset to the total repair costs of all assets. If you enter asset numbers, the report will increase the book value of the whole group rather than the book value of individual assets in the group.

For more information about processing fixed asset repairs, see the documentation of the Fixed Asset Repairs Processing report. To access the report on the SAP Easy Access screen, choose Financial Accounting -> Fixed Assets -> Periodic Processing -> Country Specifics -> Ukraine -> Fixed Asset Repairs Processing (transaction J1UFFAR).






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