Configuring SAP Asset Accounting

Configuring SAP Asset Accounting (SAP S/4HANA Finance), based on the latest version of SAP S/4HANA Finance, is a complete guide to comprehend and configure SAP Asset Accounting (FI-AA). The book comes from the author who has written several books on SAP, including 'Configuring Financial Accounting in SAP ERP' (3rd Edition), by SAP Press (2018). ISBN 9781493217236.His other books include: 'SAP ERP: Quick Reference Guide' (2nd Edition)By Mercury Learning & Information, 2020ISBN: 9781683920960'SAP FI: Financial Accounting ERP' (2nd Edition)By Mercury Learning & Information, 2017ISBN: 9781683921004'Configuring Financial Accounting in SAP' (2nd Edition)By Galileo Press, 2014 (SAP Press)ISBN: 9781493210428'Implementing SAP ERP Financials: A Configuration Guide' (2nd Edition)By Tata McGraw Hill Publishing, 2013ISBN: 9780070142978This book follows a case-study approach to make your learning easy. Efforts have been taken, throughout the book, to guide you step-by-step in understanding how to configure your SAP system, to meet your exact business needs. Each configuration activity has been discussed with appropriate screen shots and illustrations to help you 'see' what is being discussed in that activity / step. You will see a lot of context-based additional information across Chapters, for better assimilation of concepts / settings. The entire content of the book has been presented as in SAP IMG (Implementation Guide) with appropriate menu paths and Transactions, to help you to navigate effectively.Coverage: SAP HANASAP S/4HANASAP S/4HANA FinanceCase StudyAsset Accounting: OverviewOrganizational StructuresStructuring Fixed Assets in FI-AAIntegrationGeneral ValuationDepreciationSpecial ValuationsMaster DataTransactionsInformation SystemAsset Data TransferPreparations for Going LiveOverview for ExpertsIn this book: You will learn about SAP HANA, SAP S/4HANA and SAP S/4HANA Finance. Towards configuring SAP FI-AA, you will first learn how to use SAP Asset Accounting (FI-AA) to manage your business entity's fixed assets in any country / industry. You will learn how to portray your organizational structure in FI-AA. You will understand what a 'chart of depreciation' is and how the 'depreciation areas' enable managing the rules for depreciation / valuation of assets. You will learn how to structure assets at three different levels, including balance sheet structure level. You will learn 'asset class' and how it links asset master with G/L accounts. You will learn FI-AA's integration with SAP's other application components including G/L Accounting. You will learn how to manage general / special valuation, to meet differing business needs like valuation as per local laws, tax depreciation, cost-accounting depreciation, special reserves etc. You will learn how SAP supports both automatic (ordinary & special depreciation) and manual depreciation (unplanned depreciation & transfer of reserves). You will understand how SAP carries out depreciation calculation using 'Depreciation Calculation Program'.You will learn how information is arranged in an asset master record, in general master data area and in the data area for calculating asset values. You will learn about various 'transaction types', for carrying out asset transactions including acquisitions, retirements, transfers etc. You will learn about SAP Queries, asset history sheet etc., as a part of FI-AA Information System. You will learn how to undertake legacy asset data transfer into SAP FI-AA. As a part of going live, you will learn about production startup activities. You will learn how to use the 'overview for experts' functionality to check / verify configuration settings at a glance.In all, you can use this book as a desktop-reference for configuring SAP FI-AA. As the Chapters have been progressively elaborated, you will find this easy to learn.