By Andrew Okungbowa
In this e-book, famous professional Andrew Okungbowa explains SAP Asset Accounting (FI-AA) in SAP-ERP, together with its linked company merits, and publications you thru the huge complexities of SAP-ERP configuration. utilizing FI-AA for mounted asset administration allows you to regulate resources in multinational businesses throughout a huge diversity of industries and convey experiences to satisfy a variety of wishes based on felony requisites. Configuring SAP-ERP could be a daunting workout, despite the fact that, and there are few assets that handle those matters.
Asset Accounting Configuration in SAP ERP fills that source hole by means of protecting the key elements of SAP FI-AA for someone with SAP adventure and the elemental accounting wisdom and bookkeeping talents essential to practice configuration. It presents configuration factors within the easiest varieties attainable and offers step by step assistance with illustrations and useful examples.
What you will Learn
The key audience for this booklet contains SAP specialists, builders, accountants, aid companies and novices. it's also a imaginative studying handbook for universities and associations whose curricula covers SAP-ERP Asset Accounting.
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Extra info for Asset Accounting Configuration in SAP ERP: A Step-by-Step Guide
Finally, select Investment Measure from the options represented by SAP if you want to plan and monitor investments that are not directly capitalized due their scope or size of in-house production. • Real Estate Indicator for Asset Class: You have two options to choose from in this section. For assets that are not real estate, specify “Other Asset Without Real Estate Management” and for assets that are real estate, specify “Real Estate Property or Building”. Click the Enter 4. class. button at the top-left side of the screen and save your asset 5.
When defining account determination for your asset classes, you should take the number of G/L accounts on your asset balance sheet into consideration. In other words, you should make sure that the account determination you are creating in this activity is the same number of G/L accounts defined for your assets. Interestingly, you may not need to create account determinations in practice, because the standard account determinations supplied by SAP will be sufficient. However, we have decided to define our own account determination in this activity in order to take you through the steps involved just in case you need to create an account determination.
It is possible to use the predefined screen layout instead of creating your own screen layout rules. 1. You can create screen layout rules using the menu path: IMG: Financial Accounting (New) ➤ Asset Accounting ➤ Organizational Structures ➤ Asset Classes ➤ Create Screen Layout Rules. The Change View “Asset Accounting: Screen Layout for Master Record”: Overview screen is displayed, as shown in Figure 1-10. Although you will be creating your own screen layout rules for asset accounting in this activity, we recommend that you stick to the standard screen layout rules supplied by SAP.