Which setup step allows you to see asset-related expenses like depreciation in Financials?

The selection of the first setup step as the correct answer is based on its direct relationship to the reporting of asset-related expenses, such as depreciation, within the Financials module. Setting up the Equipment Expense Reporting Capex data map facilitates the process of linking capital expenditures, including machinery or equipment purchases, to their corresponding financial entries. This mapping ensures that the expenses associated with these assets, such as depreciation, are accurately tracked and reflected in the financial reports.

This process is crucial for providing clarity on how capital assets are impacting overall financial performance. By creating this direct link, users can monitor and analyze the financial implications of asset-related activities with precision.

The other choices either address unrelated aspects of financial configuration or focus on components that do not explicitly manage the visibility of asset-related expenses in financial statements. For instance, mapping capital accounts to financial accounts or enabling custom dimensions does not guarantee that depreciation will be reflected as needed. Additionally, simply selecting asset accounts on the Configure page does not inherently create the necessary links for the comprehensive reporting of asset-related expenses as effectively as setting up the specific data map does. Thus, the first option stands out for its targeted approach to managing asset-related financial information.