Knowledge Management

Question:
All,
Have a simple question concerning Asset and GR. Why is it that the standard configuration has Asset treated as non-valuated GRs. What are the advantages and disadvantages of having it valuted and non-valuated?
Thanks.
Siao Eung
Answer:
Hi,
I think, the depreciation calculation on assets starts from the time they are settled. Asset are not to be taken in you Inventory and therefore they are taken as non-valuated and at the time of settlement there cost settled onto the asset.
But still for more clarity it would be better if you talk to your FI guy.
Thanks.