Asset accounting is a sub ledger to the sap fi module for managing the asset records. Learn about the new data structure that enables you to manage and monitor your fixed assets. 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. Asset accounting configuration steps in sap fico asset accounting. Walk through the configuration that underpins all of asset accounting, starting with organizational structures and master data. Moreover it is a resourceful learning information for universities and institutions whose curricula covers saperp asset accounting. Asset accounting configuration in sap erp fills that resource gap by covering the major aspects of sap fiaa for anyone with sap experience and the basic accounting knowledge and bookkeeping skills necessary to apply configuration.
It requires knowledge of internal business processes, relevant sap transactions, and financial reporting. You must assign a chart of depreciation to each company code that is defined. Basic configuration settings for implementing asset. Consultancy for customization and configuration of sap fi and mm at fbr user manual asset accounting prepared by. This page will be used to document the asset accounting fiaa submodule within erp financials. Sap gives us the functionality in asset module of managing depreciation and.
This course gives you a thorough overview of the sap erp asset accounting offering. Asset accounting configuration in sap erp bookshare. Sap cca i about the tutorial sap cost center accounting cca is used to perform controlling activities in an organization. Configuration and design bonn boston 393 db 3 6611 4.
Consultancy for customization and configuration of sap fi. You can track the postings of all valuations, without having to take into account the postings of the leading valuation, as was partly the case in classic asset accounting. Sap library asset accounting fiaa new sap help portal. Asset accounting module thus acts as a sub ledger to the fi module for managing asset records. Asset accounting module in sap is a important module which manages the fixed assets data of an organization by the asset master records and asset. Would you like to participate in a short survey about the sap help portal.
If youre an fico consultant or business analyst this course is a basic requirement for understanding calculation methods and transaction types. The course focuses on the accounts solution for parallel accounting. Sap asset accounting complete configuration live demo. Replicated fi documents which originate from asset postings in the source system are not posted to fixed asset accounting fiaa in the central finance system. Asset accounting in sap simple finance new asset accounting configuration in sap duration.
Pdf customizing organizational structures in sap asset accounting fiaa. Accounting tab is set by default to be the same as the ap invoice posting. Asset accounting module in sap is a very important module. Transfer after sap r3 asset accounting is already productive 309. Pdf asset accounting conn guration in sap erp a stepby. In sap r3 financial accounting, it serves as a subsidiary ledger to the fi.
Asset accounting module in sap manages fixed assets data of an. Nov 07, 20 asset accounting module in sap manages fixed assets data of an. Other than the activation, no configuration is necessary because all the sap general ledger scenarios are active by default. This second course on fiaa configuration expands on the basics you have already learned. For details on integrated financial close processes, see chapter 17. The only exceptions are document splitting or adding a ledger. Sep 12, 2017 the first version of new asset accounting was actually introduced in 20 on sap ecc6 enhancement pack 7. For adjustments utilize additional fixed assets documents.
Sap refxla lease accounting sap has developed an integrated solution refxla that simplifies compliance with us gaap asc842 and ifrs 16 lease accounting standards leasing property nonmovables other than property equipment, movables lessor sap real estate management enhanced for ifrs 16 and us gaap asc 842 sap leasing lessee. Sap financial accounting configuration steps sap training tutorials. The asset accounting fiaa component is used for managing and supervising fixed assets with. Sap asset accounting complete configuration live demo youtube.
To use the new fiaa module, you must have the sap general ledger activated and running in your sap system. Asset accounting configuration in sap erp fills that helpful useful resource gap by overlaying the important thing options of sap fiaa for anyone with sap experience and the important accounting info and bookkeeping experience wanted to make use of configuration. All rights are reserved by the publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations. Hi expert, please can you provide me configuration of revalu ation of assets and how accounting entries will works in this scenario. Apr 20, 2017 sap asset accounting complete configuration live demo. May 17, 2017 preparing for migrating to new asset accounting. Asset accounting with sap s4hana book and ebook by sap. Sap fi asset configuration it training and application. Asset accounting setup is mandatory in sap s4hana so get the details you need to get it up and running. Asset accounting in the sap system is used for managing and monitoring fixed assets. The necessary factor viewers for this book consists of sap consultants, builders, accountants, assist organizations and rookies. Asset accounting user manual consultancy for customization andconfiguration of sap fi and mm at fbr user manual asset accounting prepared by. General ledger, providing detailed information on transactions involving fixed assets. Sap asset accounting book sample pdf by learnsap slideshare.
See what sap s4hana can do for your asset accounting fiaa processes. Manual posting of intercompany asset transferacquisition. Learn how to configure asset accounting in sap fico and. Asset accounting in sap fico asset accounting part 1. It manages fixed assets data of an organization by way of asset master records. Jan 02, 2011 this document provides step by step guides for commonly used business processes by endusers related to asset accounting submodule in sap. Mar 25, 2017 new asset accounting makes it possible to post in real time in all valuations that is, for all accounting principles. Sap ag asset accounting fi aa icons icon meaning caution example note recommendation syntax april 2001 3. Pdf, epub, and mobi file for download, drmfree with personalized digital watermark. This video explains the concept of asset accounting in sap fico. Asset accounting configuration steps in sap fico asset.
Finance accounting asset accounting asset accounting deals with all the fixed asset of the company and provides all the transaction details about fixed assets. Financial close is one of the most import ant business functions in fi. Asset accounting module in sap manages fixed assets data of an organization by way of asset master records. Asset accounting is an important module in sap and manages assets of an organisation by master records. S4 hana new asset accounting considering key aspects sap. Hi experts i am working on configuring depreciation key for the first time and need your guidance. The replication of asset documents requires specific configuration in the central finance system. Key configuration consideration in ledger approach. In any organization, cost incurred to perform certain activities should be transparent. Asset accounting configuration steps in sap asset accounting fico.
Lfa1 lfm2 lfbk finance accounting asset accounting asset accounting deals with all the fixed asset of the company and provides all the transaction details about fixed assets. Asset accounting conn guration in sap erp a stepbystep guide andrew okungbowa. Create asset master as01, change asset master as02, display asset master as03 asset acquisition. Configuring sap erp can be a daunting exercise, however, and there are few resources that address these issues. Your sap training partner sap fico asset accounting configuration call toll free 866. Sap sap has standard configuration to support lockbox file. New asset accounting overview of sap s4hana finance. Introducing new asset accounting in s4 hana sap experts. Configuration on asset management part 1 sap blogs. Download asset accounting configuration in sap erp.
Oct 02, 2010 consultancy for customization and configuration of sap fi and mm at fbr user manual asset accounting prepared by. Sap asset accounting is also called as sub ledger accounting, it is one of the important submodule of sap financial accounting module asset accounting in sap fiaa is used for managing and supervising the fixed assets of an organizat. Consultancy for customization and configuration of sap fi and. Continue your learning path for sap asset accounting configuration. The asset accounting module of finance accounting works closely with other modules like sap mm, sap plant management, ewm, etc. So, if youre not on s4hana but youve already implemented the new general ledger, you can still get new asset accounting, although you need to activate some business functions first and you wont have the full functionality until. You will find explanations of the key and mandatory fields on each transaction screen. Asset reporting this page will be used to provide information on the reporting capabilities within asset accounting. In financial accounting, it serves as a subsidiary ledger to the general. Sap investment management with sap erp ebook by sap press. Beginners manual to asset accounting in sap fi erp documents.
229 68 1563 1045 480 524 952 208 1436 1383 274 390 55 40 1110 853 467 38 1193 930 664 714 97 1004 654 914 18 788 842 869 352 1212