After reading this step by step SAP FI-AA 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 areas post their values to the general ledger
- Master data
- Structure assets by creating asset classes
- Create and change master data in Asset Accounting
- Process mass changes using a work list
- Asset Transactions
- Post integrated and non-integrated asset acquisitions in the system
- Post integrated and non-integrated asset retirements in the system
- Represent intra company and intercompany asset transfers in the system
- Represent assets under construction in the system
- Represent unplanned depreciation in the system
- Periodic processing
- Define depreciation areas
- Describe how a depreciation term is used in different depreciation areas
- Control the calculation of depreciation
- Analyze depreciation values
- Initiate the depreciation posting run
- Explain the tasks of the fiscal year change and year end closing
- Information system /Reporting
- Choose and execute the various Asset accounting reports
- Set up variable sorting and totaling for Asset reporting
- Create the Asset history sheet and structure it to meet your needs
- Generate a depreciation forecast
- Simulate depreciation for Assets