book

Asset Accounting Configuration in SAP ERP: A Step-by-Step Guide

by Andrew Okungbowa

January 2016

Intermediate to advanced

348 pages

7h 52m

English

Apress

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Organizational StructuresSpecifying the Setting for Country-Specific Disclosure RequirementsDefining Chart of Depreciation and Depreciation AreasCopying Reference Chart of Depreciation/Depreciation AreasSpecifying the Use of Parallel CurrenciesAssigning the Chart of Depreciation to a Company CodeAsset ClassesSpecifying Account DeterminationCreating Screen Layout RulesDefining the Number Range IntervalDefining the Asset ClassesSummary
Defining How Depreciation Areas Post to the General Ledger in FIAssigning G/L AccountsBalance Sheet AccountsDepreciationSpecifying the Posting Key for Asset PostingChanging the Field Status Variant of the Asset G/L AccountsDefining Field Status VariantsAssigning Company Codes to Field Status VariantsAssigning Input Tax Indicator for Non-Taxable AcquisitionsSpecifying Financial Statement Version for Asset ReportsSpecifying the Document Type for Periodic Posting of Asset ValuesSummary
Setting the Chart of DepreciationDepreciation AreasDefining Depreciation AreasSpecify Area TypeSpecify Transfer of APC ValuesSpecify Transfer of Depreciation TermsSetting Up Areas for Parallel ValuationDetermining Depreciation Areas in the Asset ClassDeactivating the Asset Class for the Chart of DepreciationAmount Specifications (Company Code/Depreciation Area)Specify the Maximum Amount for Low-Value Assets and Asset ClassesSpecify Rounding of Net Book Value and/or DepreciationSpecify Memo ValueDefining the Fiscal YearSpecify Other Versions on Company Code LevelsSpecify Other Versions on Depreciation Area LevelsSpecifying Currencies in Asset AccountingDefine Depreciation Areas for Foreign CurrenciesSpecify the Use of Parallel CurrenciesDefining Group AssetsSpecify Depreciation Areas for Group AssetsSummary
Defining DepreciationPlanned DepreciationUnplanned DepreciationValuation MethodsCalculation MethodsMaintaining Depreciation KeysAssigning Calculation MethodsCustomizing Period ControlFurther SettingsSummary
Reserves for Special DepreciationSpecifying Gross or Net Procedure for ReservesAssigning AccountsDetermining Depreciation Areas for Transferred Reserves (Deferred Gain)Investment SupportDetermining Depreciation AreasDefining Investment Support MeasuresAssigning AccountsRevaluation of Fixed AssetsIndex Replacement ValuesRevaluation for the Balance SheetSummary
What Is Master Data?Screen LayoutDefining the Screen Layout for Asset Master DataDefining the Screen Layout for Asset Depreciation AreasSpecifying the Tab Layout for Asset Master RecordsCreating a Master RecordCreating AssetsSpecifying Depreciation Areas for Group AssetsCreating Group Asset in Asset Master DataCreating SubnumbersChanging Asset Master and Group Asset Master RecordsChanging an Asset Master RecordChanging a Group Asset Master DataDisplaying an Asset Master RecordSummary
TransactionsAsset AcquisitionsAsset RetirementsAsset TransfersIntercompany Asset TransfersCapitalization of Assets under Construction (AuC)Fixed Asset PostingAsset AcquisitionCapitalizing Assets under Construction (AuC)TransfersAsset RetirementSummary
Validation in SAPWhat Is Validation?Defining Validations for the Asset Master Data in the Application AreaSubstitution in SAPWhat Is Substitution?The Substitution ProcedureSummary
Information Systems in Asset AccountingSort Versions for Asset ReportsThe Asset History SheetCreating Reports in Asset AccountingUsing Asset ExplorerDisplaying Asset Balance ReportsCreating an Asset History ReportCreating Depreciation Reports in Explanations for Profit and Loss StatementCreating Day-to-Day Activities ReportsSummary
Customizing Legacy Data TransferSet Company Code StatusSpecifying the Sequence of Depreciation AreasSetting the Parameters for Data TransferManual Legacy Asset Data TransferCreate/Change/Display Legacy AssetCreate/Change/Display Legacy Group AssetSummary
Checking ConsistencyOverview Report: Asset ClassesOverview Report: Charts of DepreciationOverview Report: Company CodesOverview Report: Depreciation AreaConsistency Report: Asset G/L AccountsConsistency Report: FI-AA CustomizingProduction StartupTransferring BalancesActivating Company CodeOverview for ExpertsChecking Depreciation Areas SettingsChecking Company Code SettingsSummary
Depreciation RunPosting External Asset AcquisitionsDepreciation Posting RunJob OverviewLog for Posting RunAPC Values PostingAsset Fiscal Year ChangeTest RunProductive RunYear-End ClosingPerforming Account ReconciliationExecuting a Year-End ClosingSummary

Overview

In this book, noted expert Andrew Okungbowa explains SAP Asset Accounting (FI-AA) in SAP-ERP, including its associated business benefits, and guides you through the considerable complexities of SAP-ERP configuration. Using FI-AA for fixed asset management enables you to manage assets in multinational companies across a broad range of industries and produce reports to meet various needs in line with legal requirements. Configuring SAP-ERP can be a daunting exercise, however, and there are few resources that address these issues.

Asset Accounting Configuration in SAP ERP fills that resource gap by covering the major aspects of SAP FI-AA for anyone with SAP experience and the basic accounting knowledge and bookkeeping skills necessary to apply configuration. It provides configuration explanations in the simplest forms possible and provides step-by-step guidance with illustrations and practical examples.

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Publisher Resources

ISBN: 9781484213650Purchase book