Last Updated on August 5, 2022 by admin
SAP Asset Accounting Tutorials
Asset Accounting Overview:- Asset Accounting is an important module in SAP that manages the assets of an organization by master records. Asset accounting is a sub-ledger to the SAP FI module for managing the Asset records.
Refer below step by step procedure how to configure Asset Accounting in SAP
SAP Asset Accounting Configuration Steps:-
- Step 1:- Copy Reference Chart of Depreciation/ Depreciation Area
- Step 2:- Assign Chart of Depreciation to Company Code
- Step 3:- Specify Account Determination
- Step 4:- Create screen Layout Rule
- Step 5:- Define Number range Interval
- Step 6:- Define Asset Classes
- Step 7:- Determine Depreciation area in the Asset Class
- Step 8:- Assignment of General Ledger Accounts
- Step 9:- Specify Intervals and Posting Rules
- Step 10:- Define Screen Layout for Asset master data
- Step 11:- Define Screen Layout for Asset Depreciation Areas
- Step 12:- Define Depreciation Methods
- Step 13:- Maintain Depreciation keys
- Step 14:- Depreciation Run
- Step 15:- Create Asset Master
Step 1:- Copy Reference Chart of Depreciation/ Depreciation Area
- SAP Menu Path :- SPRO –> Financial Accounting –> Asset Accounting –> Organisational Structure –> Copy Reference Chart of Depreciation/ Depreciation Area
- T code:- EC08
Step 2:- Assign Chart of Depreciation to Company Code
- SAP Menu Path :– SPRO –> Financial Accounting –> Asset Accounting –> Organisational Structure –>Assign Chart of Depreciation to Company Code
- T Code:- OAOB
Step 3:- Specify Account Determination
- SAP Menu Path :- SPRO –> Financial Accounting –> Asset Accounting –> Organisational Structure –> Asset Classes –> Specify Account Determination
Step 4:- Create screen Layout Rule.
- SAP Menu Path :– SPRO –> Financial Accounting –> Asset Accounting –> Organisational Structure –> Asset Classes –> Create screen Layout Rule
Step 5:- Define Number range Interval.
- SAP Menu Path :– SPRO –> Financial Accounting –> Asset Accounting –> Organisational Structure –> Asset Classes –> Define Number range Interval
- T Code:- AS08
Step 6:- Define Asset Classes
- SAP Menu Path :– SPRO –> Financial Accounting –> Asset Accounting –> Organisational Structure –> Asset Classes –> Define Asset Classes
- T Code:- OAOA
Step 7:- Determine Depreciation area in the Asset Class
- SAP Menu Path :– SPRO –>IMG –> Financial Accounting –> Asset Accounting –> Valuation –> Determine Depreciation area in the Asset Class
- T Code:- OAYZ
Step 8:- Assignment of General Ledger Accounts
- SAP Menu Path :- SPRO –>IMG –> Financial Accounting –> Asset Accounting –> Integration with General Ledger –> Assign General Ledger Accounts
- T Code:- AO90
Step 9:- Specify Intervals and Posting Rules
- SAP Menu Path :- SPRO –>IMG –> Financial Accounting –> Asset Accounting –> Integration with General Ledger –> Post Depreciation to General Ledger –> Specify Intervals and Posting Rules
- T Code:- OAYR
Step 10:- Define Screen Layout for Asset Master data
- SAP Menu Path :- SPRO –>IMG –> Financial Accounting –> Asset Accounting –> Master Data –> Screen Layout –> Define Screen Layout for Asset Master data
Step 11:- Define Screen Layout for Asset Depreciation Areas
- SAP Menu Path :- SPRO –>IMG –> Financial Accounting –> Asset Accounting –> Master Data –> Screen Layout –> Define Screen Layout for Depreciation Areas
- T Code:- AO21
Step 12:- Define Depreciation Methods
- Define Base methods
- Define Decline Balance Methods
- Define Multi-Level methods
SAP Menu Path :– SPRO –>IMG –> Financial Accounting –> Asset Accounting –>Depreciation –> Valuation methods –>Depreciation Key –> Calculation methods –> Define Base methods
SAP Menu Path :- SPRO –>IMG –> Financial Accounting –> Asset Accounting –>Depreciation –> Valuation methods –>Depreciation Key –> Calculation methods –> Define Decline Balance Methods
SAP Menu Path :- SPRO –>IMG –> Financial Accounting –> Asset Accounting –>Depreciation –> Valuation methods –>Depreciation Key –> Calculation methods –> Define Multi Level methods
Step 13:- Maintain Depreciation keys.
- SAP Menu Path :- SPRO –>IMG –> Financial Accounting –> Asset Accounting –>Depreciation –> Valuation methods –>Depreciation Key –> Maintain Depreciation Key
- T Code:- AFAMA
Step 14:- Depreciation Run:-
- SAP Menu Path :- SPRO –>IMG –> Financial Accounting –> Fixed Assets –> Periodic Processing –> Depreciation Run –> Execute
- T Code:- AFAB
Step 15:- Create Asset Master
- SAP Menu Path :- SAP Menu –> Accounting –> Financial Accounting –> Fixed Assets –> Asset –> Create
- T Code:- AS01.