How to Create Depreciation Key in SAP – AFAMA

How to Create Depreciation Key in SAP, using T code: AFAMA.

Meaning: In Asset Accounting, a Depreciation Key is a vital configuration that defines parameters for depreciation calculations, determining how assets are depreciated over their useful life.

Go to T code: AFAMA.

Popup will come, give chart of depreciation and click on continue button.

Click on New Entries.

Give Depreciation key name and description.

Double click on Assignment of calculation methods.

Click on new entries.

Give Base method, Declined balance method, Period control method, Multi level method.

Click back button.

Click on Activate button.

Now click on save button.

customizing request prompt will come, select your request and click on continue.

Data was saved.

Similar content you may like:

• How to Create Chart of Depreciation in SAP S4 HANA: Click here
• Input tax code for Non-taxable transactions for company code in SAP S4 HANA: Click here
• How to Assign Chart of Depreciation to Company code in SAP S4 HANA: Click here
• How to Create Technical Clearing Account in SAP S4 HANA: Click here
• Creation of Asset Class in SAP S4 HANA: Click here
• Assign GL Accounts for Account Determination (AO90) in SAP S4 HANA: Click here
• How to Define Depreciation Key (AFAMA) in SAP S4 HANA: Click here
• Maintenance of Fiscal year in Asset Accounting (OAAQ) in SAP S4 HANA: Click here
• How to Create Asset Master Record (AS01) in SAP S4 HANA: Click here

SAP FICO Configuration topics:

• SAP Finance Enterprise structure: Click here
• SAP Finance GL Accounting: Click here
• SAP Finance Accounts Payable: Click here
• SAP Finance Accounts Receivable: Click here
• SAP Finance Bank Accounting: Click here
• SAP Finance New Asset Accounting: Click here
• How to Create a Controlling area in SAP: Click here
• SAP Controlling – Cost Element Accounting: Click here
• SAP Controlling – Cost Center Accounting: Click here

Explained: How to Create Depreciation Key in SAP – AFAMA.