This document outlines the Fixed Asset Retirement process in SAP FI-AA, focusing on scenarios such as asset sale with and without customer involvement, multiple asset sales, and asset scrapping. Fixed Asset Retirement involves removing fixed assets from a company’s Fixed Assets Register, impacting both the balance sheet and operational activities. The Financial Accounting (FI) module is heavily utilized throughout these transactions for accurate financial reporting and asset management.
Asset Accounting (FI-AA)
Asset Accounting Process in SAP S/4HANA: End Users Guide
Asset Accounting in SAP S4/HANA system (FI-AA) is used to manage and monitore fixed assets. The attached End-user guide provides Asset Accounting processes with a very clear definitions and screenshots from S/4HANA screens. Following list of topics are covered in this guide;
- How to Create/Change/Display Asset Master Data in SAP S/4HANA ?
- What are the Daily Asset Accounting Transaction Processes and How to Perform them ?
- Month-End and Year-End Activities in SAP S/4HANA New Asset Accounting