A ‘Group Asset’ in SAP is almost like a normal asset except that it can have (any number of) sub-assets denoted by Asset Sub numbers. The CONCEPT of group asset becomes necessary when you need to carry out DEPRECIATION at a group level, for some special purposes such as tax reporting. Remember that SAP’s way of depreciation is always at the individual asset level. Hence, to manage at the group level, you need the group asset.

Once you decide to have group assets, you ALSO need to have ‘special depreciation areas’ meant for group assets; you will not be ABLE depreciate a group asset using a normal depreciation area. Unlike Complex Assets, you can delete a group asset only when all the associated sub numbers have been marked for deletion.

A ‘Group Asset’ in SAP is almost like a normal asset except that it can have (any number of) sub-assets denoted by Asset Sub numbers. The concept of group asset becomes necessary when you need to carry out depreciation at a group level, for some special purposes such as tax reporting. Remember that SAP’s way of depreciation is always at the individual asset level. Hence, to manage at the group level, you need the group asset.

Once you decide to have group assets, you also need to have ‘special depreciation areas’ meant for group assets; you will not be able depreciate a group asset using a normal depreciation area. Unlike Complex Assets, you can delete a group asset only when all the associated sub numbers have been marked for deletion.