1.1       Income Tax Depreciation for India

Use

The system settings and entries you make in this section are special required for the income tax depreciation for India.

1.1.1   Activate Country-Specific Data

Use

To use the income tax depreciation function you have to activate the related settings for India first.

Procedure

1.       Access the activity using one of the following navigation options:

Transaction code	SPRO
IMG menu	Financial Accounting (new) ® Asset Accounting ® Master Data ® Screen Layout ® Activate Country-Specific Data

2.       On the Determine Work Area: Entry  pop-up screen, enter IN for the Country Key and choose Continue.

3.       On the Change View “Activate Country –Specific Fields”: Overview screen, choose New Entries and make the following entries:

Field Name	Description	User Actions and Values	Note
Active		select
Table Name		GLO_S_IN_DEPCAL_TI

4.       Choose Enter and save your entries.

1.1.2   Maintain Tax Depreciation Area

Use

This activity is to define depreciation area to be used as Tax Depreciation Area for Code.

Procedure

1.       Access the activity using one of the following navigation options:

Transaction code	SPRO
IMG menu	Financial Accounting (new) ® Asset Accounting ® Information System ® Country-Specific Functions ® India ® Depreciation Calculation ® Maintain Tax Depreciation Area

2.       On the Change View “Maintain Depreciation Area”: Overview screen, choose New Entries and make the following entries:

Field Name	Description	User Actions and Values	Note
Chart of Dep.		1000
Dep. Area		15

3.       Save your entries.

1.1.3   Assign Transaction Types to Transaction Types Group

Use

This activity is to assign transaction types to transaction types.

Procedure

1.       Access the activity using one of the following navigation options:

Transaction code	SPRO
IMG menu	Financial Accounting (new) ® Asset Accounting ® Information System ® Country-Specific Functions ® India ® Depreciation Calculation ® Assign Transaction Types to Transaction Types Group

2.       On the Change View “Assign Trans. Types to Trans. Type Group”: Overview screen, choose New Entries and make the following entries:

Transact. Type	Transact. Type Group
100	Acquisition
105	Credit Memo
110	Acquisition
150	Acquisition
200	Retirement
250	Retirement
260	Retirement
320	Transfer Out
330	Transfer In
346	Investment Support
400	Acquisition
I01	Investment Support
I02	Investment Support

3.       Save your entries.

1.1.4   Maintain Asset Block Details

Use

This activity is to define Blocks (Additional depreciation Blocks).

Procedure

1.       Access the activity using one of the following navigation options:

Transaction code	SPRO
IMG menu	Financial Accounting (new) ® Asset Accounting ® Master Data ® Country-Specific Functions ® India ® Maintain Asset Block Details

2.       On the Change View “Maintain Asset Block details”: Overview screen, choose New Entries and make the following entries:

Company code	Block key	Start date	End date	Dep %	Additional dep.	Put to use
1000	1001	20090401	99990331	10		X
1000	1002	20090401	99990331	5	X	X
1000	1003	20090401	99990331	5		X
1000	1004	20090401	99990331	14
1000	11222	20090401	99990331	13.5
1000	11333	20090401	99990331	14
1000	50000	20090401	99990331	5		X
1000	51000	20090401	99990331	10		X
1000	51592	20090401	99990331	10
1000	61616	20090401	99990331	10

3.       Save your entries.

1.1.5   Assign block to asset master data

Use

This activity is to assign block number to existing asset master data.

Procedure

1.       Access the activity using one of the following navigation options:

Transaction code	AS02
SAP Easy Menu	Accounting ® Financial Accounting ® Fixed Assets ® Asset ® Change

2.       Assign the block number to asset master data referring the following details:

Asset	Block key
40000001	1001
40000002	61616
40000003	61616
42000002	51592
42000003	1001
42000004	1001
42000005	51592
42000006	51592
50000001	51592
50000001	51592

3.       Save your entries.

In above way SAP FI-AA Implementation of Asset depreciation for income tax purpose in India is done 

Thanks In Regards

N.Aravind

My Next Post will be on FS00 field descrtiption

SAP Financial Accounting (FI) delivers the standard Accounts Receivable (FIAR) module to track accounts receivable transactions. This module is tightly integrated with the Sales and Distribution (SD) module to enter and process customer master data, shipping, billing, and receivables.

As requirements became more complex and the data volume increased substantially over the last couple of years, SAP developed a module in FI for tracking A/R data. This application component is known as Contract Accounts Receivable and Payable (FI-CA). SAP promotes FICA as a subledger application alternative for the FI-AR module and Accounts Payables module (FI-AP).

FI-CA was developed to deal with a large number of different customers and different types of receivables. FI-CA is mainly used in industry-specific SAP components,

which by nature have many customers and many different receivable types. Examples industries are the public

sector, utilities, insurance, and telecommunications.

Even if you do not fall into one of these industry groups, you can still use contract accounting. The industry solutions for FI-CA have been available since 1999. An industry-neutral version was introduced in 2002.

FI-CA is not only tightly integrated with the core SAP components like FI,Controlling (CO), Customer Relationship Management (CRM), and SD, it also has the capability to deal with customers and payments over the Internet by using SAP Biller Direct, which allows your company to use electronic bill presentment and payment (EBPP).

One of the weak points of FI-CA is its limited reporting functionality. SAP expects that customers who use the FI-CA module also have Business Information Warehouse (BW) installed. The FIAR module has better and more standard reports available and it will take considerable time and effort to develop these reports in FI-CA without using BW. SAP has recognized these shortcomings and promised improved reporting capabilities in future releases.

FI-CA incorporates more A/R functions than just processing invoices and payments and maintaining master data. These functions are necessary if you deal with a large customer base and a high volume of invoices and payments. 

This is the case with a utility, insurance, or telecommunications company or in the public sector. My description of FI-CA functionality can be a starting point for your decision process. If you determine that the described functions are necessary for your business, than FI-CA could be a valuable alternative to the standard FI-AR component

So from above explanation it is clear that sap fi-ca will be useful for following aspects :

1. Optimization for storage space is more in sap fi-ca than sap fico due to a special document structure which is followed in sap fi-ca. 
2. Parallel mass runs.
3. SAP business partner concept.
4. Documents are assigned to business partners and contract accounts 
5. Integrated to other Sap applications also like (CRM, FSCM, BI .....)