Anybody please define Asset Accounting? significance and
procedures.
Answer Posted / sujji
Asset Accounting is different Methods
1)baseline
2)decline
3)Multi-level
a)Straight line method b)written down method
4)period controlling
creating chart of dep (EC08)
assign chart of dep to co code (OAOB)
specify a/c determination
create screen layout rule
define no. range intervals (AS08)
define asset classes (OAOA)
determined dep areas in asset class (OAYZ)
create GL a/cs
assign GL a/c (AO90)
specify doc type for posting of dep (OAB3)
Specify intervals and Posting rules (OAEA)
specify rounding of net book value and dep (OAYO)
screen layout for asset master data (OA77)
screen layout for asset dep area (AO21)
Baseline and Decline methods are default
define multilevel method (AFAMS)
define period control method (AFAMP)
maintain depreciation key (AFAMA)
create main asset (AS01)
create sub assets (AS11)
Run depreciation (AFAB)
posting of main assets purchase (F-90)
Posting of main assets sale (F-92)
re-calculation dep (AFAR)
Scraping of asset (ABAV1N)
see sub assets (AW01N)
an above any mistake please send correct information.
| Is This Answer Correct ? | 15 Yes | 0 No |
Post New Answer View All Answers
How to map Idocs in app
Pls help me in Auditing (SAP). I found a big amount in Exchange rate diference a/c, How I can Audit Exchange rate Difference,,, Which area I have care to find the fault?
What is depreciation? Explain the various types? : fi- asset accounting
In Third Party sale process, I am getting an error- in MIRO(Error No. M8889-A/c 893010 has been set as not relevant for Tax, but when I want to change the Account Assignment in ME21 it is taking only G/L A/C 893010 and refusing all other G/L A/C's by giving 2 errors. They are ME045-G/L A/c 39010 cannot be used(please correct)and ME038-No direct posting can be made to G/L A/C 34000. Experts please share your knowledge to solve this problem. Warm Regards.
What is individual processing of gl accounts? : fi- general ledger accounting
What do you mean by period based accounting (gl based) and cost of sales accounting (copa based)? Period based accounting? : co-pa
What is Trading partner? why we use this, usually which will come whenever we configure vendor/customer/posting of any invoice etc.
How do you create gl account master data? : fi- general ledger
What is the difference between distribution and assessment?
What is application packaging in SAP FICO
How do you execute an automatic payment program? : fi- accounts payable
Please provide me with configuration documents of USER EXIT' Thanks Naresh
what is payment medium program ? how to config advance payment in app ? payment suplymentary in app?
Which of the fields you can display and log changes in fi?
Why financial statements are important for any business?