what is the difference between department functionality which is in fixed asset master and department in financial dimensions

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Posted on by subashini

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Hi experts,

Can any one please clarify me what is the difference between department functionality which is in fixed asset master and department in financial dimensions.

Thanks in advance

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Ludwig Reinhard Microsoft Employee on at

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RE: what is the difference between department functionality which is in fixed asset master and department in financial dimensions

Hi subashini,

Many thanks for your feedback and as usual ... if your question has been answered let's please verify and close this thread.

Thank you and best regards,

Ludwig
subashini 830 on at

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RE: what is the difference between department functionality which is in fixed asset master and department in financial dimensions

Thank you Ludwig.Now i got clarity.
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Ludwig Reinhard Microsoft Employee on at

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RE: what is the difference between department functionality which is in fixed asset master and department in financial dimensions

Hello subashini,

The department information that you can enter with your fixed asset is mainly used for information purposes.

It is shown in some of the reports but does not serve any other function.

The department financial dimension that you can enter is on the other hand side used in all transactions that you post for a fixed asset and that has the department findim assigned. You can create and run financial reports by this department fin dim.

Hope this answers your question.

Best regards,

Ludwig