SAP-based asset accounting

Requirements for asset accounting with SAP

• Structuring of fixed assets.
• Linking the basics of business administration with SAP.
• SAP Asset Accounting and the interface to Purchasing and Financial Accounting.
• Parallel valuations and posting technology in financial accounting.
• The different user interfaces of the SAP GUI and transactions in R/3 and ERP, as well as Launchpad and apps in S/4HANA.

Organizational structure in asset accounting

• The valuation plan, use of different valuations from HGB to parallel accounting to indexed replacement values of controlling.
• Importance of asset classes for screen layout up to posting.
• The Concept of “New” Asset Accounting and Key Innovations in S/4HANA.

Master data

• Asset number, main and sub-numbering system.
• Easy opening of several systems in one step.
• Master record fields for targeted selection and a wide range of evaluations.

Processes

• Additions from financial and asset accounting.
• Integrated accesses from the order.
• Impairment and different types of disposals.
• Asset retirement via financial accounting with immediate posting of receivables and creation of correspondence.
• Rebooking and complex asset transfers.
• Investment Incentives and Their Reflection in the Valuation Plan.
• Subsequent capitalization and the distinction from subsequent acquisition accounting.
• down payment on assets and down payment on credit.
• Assets under construction, ranging from simple structures to the use of orders and projects with planned and budgeted values, through to the capitalization of the investment.
• Low-value assets, the collective tax item or the traditional method?
• Mass transactions using the example of outgoing goods and changes.

Closing activities and reporting

• Period and year-end closing processes in asset accounting.
• System inventory, system grid and other standard reports through to simulation.
• Individual list design, easy access to tables and databases, free design of the output format through to Excel integration.
• New reporting functionalities in S/4HANA, from the standard to the query designer.

IMPORTANT NOTE: This training NOT suitable for SAP Business One users!