This document provides an overview of the changes and enhancements in the New Asset Accounting module in SAP S/4 HANA Finance, specifically focusing on depreciation.
The New Asset Accounting module in SAP S/4 HANA Finance replaces the classic Asset Accounting found in ECC 6.0. One of the key changes in the New Asset Accounting module is the introduction of a new depreciation program, FAA_Depreciation_Post, which posts pre-calculated planned values. This is a shift from the ECC 6.0 approach where depreciation was calculated in real-time.
The new functionality is consistent across both S/4 HANA OP Edition 1709 and S/4 HANA Finance OP Edition 1503. Other changes in the New Asset Accounting module include:
- Planned depreciation is now updated with each master record change and every posting to the asset.
- The depreciation run now posts these pre-calculated values.
- Journal entries are updated at the asset level in financial accounting.
- Period-end closing can be executed even if there are errors on individual assets.
- The depreciation run screen (transaction code AFAB) has undergone changes, including options to run depreciation for multiple company codes and a new tab to display details of the last depreciation run.
- The document also discusses the depreciation posting rules in New Asset Accounting, including the removal of the “Smoothing” option.
The document provides a structured approach to understanding the enhancements in the New Asset Accounting module in SAP S/4 HANA Finance, with a focus on depreciation.