Charts of Depreciation are used to manage various legal requirements and valuation of assets. Charts of Accounting are country specific.

It been assigned to company code.
Charts of depreciation contains maximum amount of depreciation areas for the company code.

Depreciation areas such as:
01 Book depreciation
10 Federal tax
11 Alternative minimum tax
12 Adjusted current earnings
13 Corporate earning
20 Cost depreciation

Organizational structure of Asset Accounting: