This asset will be excluded from the automatic monthly depreciation run or in reports on planned depreciation etci. Jan 02, 2011 sap fi asset accounting user manual this document provides step by step guides for commonly used business processes by endusers related to asset accounting submodule in sap. Sap asset accounting complete configuration live demo youtube. Asset accounting configuration steps in sap fico asset. Any depreciation posted under manual would be reflected under ordinary dep. Asset accounting is classified as a subset of financial accounting and serves as a subsidiary ledger to the general ledger providing detailed information on transactions involving fixed assets. The asset accounting module of finance accounting works closely with other modules like sap mm, sap plant management, ewm, etc. How i can post manual depreciation in assets accounting. Sap fi module mainly deals with fixed asset, accrual, bank, cash journal, inventory, and tax accounting, general ledger,accounts receivableaccounts payable arap, fast close functions,financial statements,parallel valuations,master data governance. Oct 02, 2010 asset accounting user manual page 1 of 30. Sap finance user manual new material for fi end users. An intercompany asset transfer within a corporate group may be necessary for one of the following reasons. Training video explaining the concepts of sap new asset accounting. Walk through the configuration that underpins all of asset accounting, starting with.
Asset accounting configuration in saperp is a timely, practical, and stepbystep illustrative guide to demystifying the complexities involved in sap asset configuration. Configure asset accounting in sap s4hana with stepbystep instructions. Mar 29, 2014 opening a new fiscal year in asset accounting. Sap new asset accounting training in simple finance includes the following. Sap fixed assets user guide manual depreciation book value. Step by step instructions to end user processes with screenshots for sap finance asset accounting module. Yearendclosing in asset accounting best practices sap blogs. Uploading asset gl opening balances using oasv f02. Mar 26, 2015 back to my article, there are many sources from where you can read about manual updation of the asset gls, but the following link helped me out the most in understanding the entire process of legacy data transfer manual legacy data transfer asset accounting fiaa sap library. This page will be used to document the asset accounting fiaa submodule within erp financials. This is a must for any sap fixed asset user whether they are just starting out or have been working with it for years.
Sap asset accounting sap fiaa and fixed assets ho by sap. It is activated at the client level and therefore, applies to all company codes. Sap new asset accounting interview questions zarantech. Sap 4 allowance for doubtful accounts revised 0711 7. Asset acquisition capitalization of asset abzon reverse asset document aistab08 depreciation run afab download sap fiaa user guide. Beginners manual to asset accounting in sap fi erp documents. You will learn how to configure asset accounting, manage asset master data, and perform day to day and periodic asset transactions. Consultancy for customization and configuration of sap fi and. In sap new asset accounting there is no need of doing reconciliation with new gl.
Asset accounting in sap system fiaa is primarily used for managing, supervising and monitoring fixed assets. Asset accounting with sap s4hana book and ebook by sap. Asset accounting module in sap is a very important module. Step by step end user guide to asset accounting in sap fi. Sap6 deleted 602 accounting for multi year operating leases with. Sap asset accounting enduser training manual pdf free.
Postings as of sap accounting powered by sap hana 1. In this book, noted expert andrew okungbowa explains sap asset accounting fiaa in saperp, including its associated business. Financial close is one of the most import ant business functions in fi. Sap4 allowance for doubtful accounts revised 0711 7. This fi end user training guide on asset accounting consists of following sequence of subprocesses with screenshots and definitions. Due to the temporary closure of training centers current status here, all planned classroom training courses in the affected countries have been converted to our virtual learning method sap live class until further notice thus the original offer is still fully available in these countries. Asset accounting user manual consultancy for customization andconfiguration of sap fi and mm at fbr user manual asset accounting prepared by. Asset accounting fiaa transfers data directly to and from other sap. Asset accounting configuration in sap erp a stepbystep. Dec 15, 2014 this document covers the basic procedures of asset accounting and the sap subledger fiaa from the endusers perspective. Rev from nbvselect this radio button if you want the entire nbv to be the revenue.
When a company purchases an item that can be considered as an asset, the details will be passed to asset accounting module from the sap mm module. Sap simple finance training for new asset accounting. After carry forward of your closing balances its time to post some transaction to sap asset accounting. Asset reporting this page will be used to provide information on the reporting capabilities within asset accounting. You can also make various account assignments to cost accounting for these transaction types.
Sap simple finance 3 with sap s4 hana, sap is providing a new product and a next generation of business applications simple enterprise software for big data and is designed to help you run. Transfer after sap r3 asset accounting is already productive. Abt1n intercompany asset transfer use this tcode to carry out intercompany asset transfers between company codes. You can open a new fiscal year in asset accounting for a company code. This document covers the basic procedures of asset accounting and the sap subledger fiaa from the endusers perspective. For adjustments utilize additional fixed assets documents. Asset accounting configuration in sap erp is a timely, practical, and stepbystep illustrative guide to demystifying the complexities involved in sap asset configuration. I needed an overview of sap as i have no idea what it is, and this book provided precisely that. In sap accounting powered by sap hana only new asset accounting is available with new general ledger accounting. Asset accounting is permanently reconciled with new gl. Sap ag asset accounting fi aa icons icon meaning caution example note recommendation syntax april 2001 3. It doesnt just explain how to run the reports, but how they work. Sap fico complete end user training real time project. It manages fixed assets data of an organization by way of asset master records.
Sap library asset accounting fiaa new sap help portal. When the user executes a depreciation run, the system carries out all depreciations. For details on integrated financial close processes, see chapter 17. New asset accounting is available even if you are not on sap s4 hana as long as you are on sap ecc 6. In fixed asset accounting, you can update depreciation and make changes to asset balance sheet values in asset accounting. Step by step instructions to end user processes with screenshots for sap finance asset accounting module slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Learn to create an asset, and master value adjustments, depreciation, and the validation of asset posting logic. Normally, you will not have to use the manual process as it is time. Sap5 accounts receivable writeoff policy revised 502 10. This book is small, written in simple language devoid of any jargon touches broad contours of sap as much as possible considering the small size.
New asset accounting sap s4 hana core features skillstek. It requires knowledge of internal business processes, relevant sap transactions, and financial reporting. For the individual companies, an intercompany transfer represents a retirement for the one company and an acquisition for the other. Accounting tab is set by default to be the same as the ap invoice posting. Hi expert, sap s4 hana finance sap simple finance 2. All the sub modules are interlinked and integrate in real time. After reading this step by step sap fiaa document, you will be able to organization structure define a chart of depreciation assign a chart of accounts and a chart of depreciation to a company code describe how asset accounting is integrated with cost accounting name asset classes assign asset classes to assets define which depreciation. Sap fi asset accounting tutorial linkedin slideshare. Sap 5 accounts receivable writeoff policy revised 502 10.
Asset accounting module thus acts as a sub ledger to the fi module for managing asset records. For you to be able to use new asset accounting, you need to have activated and set up the general ledger accounting figl new application component. Sharing a common platform eliminates operational silos between these critical. Reporting for sap asset accounting is an excellent resource for both fixed asset users or consultants. Enter the posting date, document date, asset date and any text. The course focuses on the accounts solution for parallel accounting. Financial close processes contents index the authors.
The implementation guide img for asset accounting new provides the necessary functions for this customizing. Sap fi asset accounting user manual this document provides step by step guides for commonly used business processes by endusers related to asset accounting submodule in sap. In this book, noted expert andrew okungbowa explains sap asset accounting fiaa in sap erp, including its associated business. This book walks through your financial accounting tasks, whether youre using sap gui transactions or sap fiori apps in your sap s4hana system. Sap asset accounting sap fiaa and fixed assets ho by. Sap asset accounting is also called as sub ledger accounting, it is one of the important submodule of sap financial accounting sap fico module. Consultancy for customization and configuration of sap fi. A trial balance can be extracted at an time and it will always balance because all the sub modules are.
Sap mentions that in s4 hana finance,planned depreciation is determined and updated with each asset master record change and each posting to the asset and depreciation run posts the precalculated planned values. You will find explanations of the key and mandatory fields on each transaction screen. The submodules that are often used are accounts receivables, accounts payables, asset accounting, general ledger accounting and bank accounting. Apr 20, 2017 sap asset accounting complete configuration live demo. The asset accounting fiaa sub module in sap manages a companys fixed.
Note the accounts that sap uses for revenue and retirement are picked up from the a090 configuration. Manual revenueenter the revenue generated from this retirement. There is no longer a need to have a derived depreciation area. Sap fi asset configuration leading it services and. This ebite was originally published as chapters 12, and 14 in the previous edition of financial accounting in sap. You cannot post transactions to sap asset accounting unless the new fiscal year is opened. Understand the fixed asset lifecycle and asset acquisition. Asset acquisition capitalization of asset abzon reverse asset document aistab08. Back to my article, there are many sources from where you can read about manual updation of the asset gls, but the following link helped me out the most in understanding the entire process of legacy data transfer manual legacy data transfer asset accounting fiaa sap library. The information is presented concisely and is easy to follow. All other information this section covers all other topics within asset accounting. Jun 05, 20 this fi end user training guide on asset accounting consists of following sequence of subprocesses with screenshots and definitions.
1130 889 732 484 69 59 98 51 754 854 690 1180 766 421 853 545 1075 1412 1051 900 838 476 374 1334 1200 261 1385 206 1018 791 1263 1151 740 1086 71 616 466