The following training tutorial guides you on creating new asset classes in SAP FI-AA step by step.

SAP Menu Path :- IMG >> Financial Accounting >> Asset Accounting >> Organisational Structure >> Asset Classes > Define Asset Classes

Transaction Code : – OAOA

Step 1: – Enter transaction code OAOA in the sap command field and press enter

Create New Asset Classes Tcode - OAOA

Select the “New Entries” button

asset classes new entries

Step 2: – Update the following information

1. Asset class : – Enter the Asset class 
2. Short text : – Enter description and short test

3. Asset type : – Enter Account determination, and screen layout rule.

4. Number assignment : -Enter the number range no for asset classes

5. Select include asset under inventory data.

6. Select No Auc (Asset under construction) or summary management of AUC

Create New Asset Classes

 Click on the save icon to save the configured data. You have successfully created asset classes.