What is special depreciation in SAP (SBO - SAP Business One)?

SAP Term: special depreciation

• Component: SBO

• Component Name: SAP Business One

• Description: The depreciation of an asset that is allowed in addition to ordinary depreciation. Special depreciation typically allows depreciation by a certain percentage or amount within a tax concession period, without taking into account the actual asset wear and tear.

Smart SAP Assistant

• Key Concepts: 
  Special depreciation is a type of accelerated depreciation that allows businesses to write off the cost of certain assets more quickly than under normal depreciation rules. This type of depreciation is used to reduce taxable income and can be used for both tangible and intangible assets. In SAP Business One, special depreciation is used to calculate the depreciation of an asset over its useful life. 
  
  How to use it: 
  In SAP Business One, special depreciation can be used to calculate the depreciation of an asset over its useful life. To do this, you must first enter the asset's purchase price, estimated useful life, and estimated salvage value into the system. Once these values are entered, the system will calculate the amount of special depreciation that can be claimed for each year of the asset's useful life. 
  
  Tips & Tricks: 
  When calculating special depreciation in SAP Business One, it is important to remember that the estimated useful life and salvage value must be entered accurately in order for the system to calculate the correct amount of special depreciation. Additionally, it is important to note that special depreciation can only be claimed on assets that are used for business purposes. 
  
  Related Information: 
  For more information on special depreciation in SAP Business One, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_BUSINESS_ONE/9.3/en-US/f8d7f2b6a7c14e8a9f3d2b5f1e4d7c2a.html