Final answer:
Transferring assets between company codes with different charts of depreciation involves configuring cross-company depreciation areas, entering depreciation area mapping during transfer, and correcting depreciation assignments in the asset master record if needed.
Step-by-step explanation:
Transferring assets between company codes with different charts of depreciation in a system such as SAP requires a thorough understanding of the configuration and mapping of depreciation areas. Firstly, it is essential to configure the cross-company depreciation areas in customizing to ensure that the correct depreciation rules are applied after the transfer. This involves setting up the system to recognize each company codes' chart of depreciation and the corresponding areas.
Furthermore, during the inter-company asset transfer posting, you would need to enter depreciation area mapping. This means specifying how depreciation areas from the sending company code correspond to those in the receiving company code. The correct mapping ensures that asset values and depreciation are correctly accounted for in both company codes' financial statements.
After the asset transfer, it may be necessary to correct depreciation area assignment in the asset master record if any discrepancies arise to maintain accurate financial records. Lastly, assigning a group chart of depreciation to relevant fixed assets can be an approach used when multiple company codes follow a standardized depreciation practice.