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Fixed Assets Training Manual in SAP

The Asset Accounting (FI-AA) component is used for managing and supervising fixed assets with the SAP R/3 System. In SAP Financial Accounting, it serves as a subsidiary ledger to the FI General Ledger, providing detailed information on transactions involving fixed assets.

In this manual you will find descriptions, procedural steps and tips&tricks for commonly used processes in SAP Asset Accounting..

  • Create Asset Master Record [tc]tc]AS01[tc]/tc]
  • Acquisition from Purchase with Vendor [tc]F-90[/tc]
  • Asset Under Construction (AuC) Distribute [tc]AIAB[/tc]
  • Asset Under Construction (AuC) Settle [tc]AIBU[/tc]
  • Depreciation Calculation [tc]AFAB[/tc]
  • Asset Retirement with Customer [tc]F-92[/tc]

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SAP Asset Accounting Configuration Document [Realtime Project]

This material, from a realtime project, provides step by step customization/configuration instructions related to Asset Accounting submodule in SAP FI. Following are headlines from the document;

  1. Organizational Structures Configuration
  2. In this section features of the Asset Accounting organizational objects (chart of depreciation, FI company code, asset class) are defined. All assets in the system are assigned to these organizational objects that you defined.

  3. Integration with General Ledger [tc]Ao90[/tc]
  4. The system settings and entries you make in this section are required for the integration of Asset Accounting with the General Ledger

  5. Valuation Configuration
  6. In this section,all configurations that have to do with the valuation of fixed assets are made. We define and manage all valuation and depreciation parameters in the chart of depreciation

  7. Depreciation Configuration
  8. The settings for fixed assets depreciation are defined in this section.

  9. Special Valuation Configuration
  10. Master Data Configuration
  11. Transaction Types Configuration

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What is Depreciation in SAP?

Depreciation’ is the reduction in the book value of an asset due to its use over time (‘decline in economic usefulness’) or due to legal framework for taxation reporting. The depreciation is usually calculated taking into account the economic life of the asset, expected value of the asset at the end of its economic life (junk/ scrap value), method of depreciation calculation (straight line method, declining balance, sum of year digits, double declining, etc.), and the defined percentage decline in the value of the asset every year (20%, or 15%, and so on).

The depreciation can either be planned or unplanned. Read more