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:-

 

SAP Tutorials

SAP Asset Accounting

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.