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Customizing for Asset Accounting.

Choose Transactions Intercompany Asset Transfe rs Automatic Intercompany Asset Transfers Define Transfer Variants. Difference between Clear and Payments Apart from processing open items, what is the difference between: 1. Accounting-->FA-->AR-->Document entry-->Incoming payment > F-28 and 2. Accounting-->FA-->AR-->Account-->Clear F-32 and the difference between F-53 a nd F-44 in AP. When you post a transaction, you will get a Accounting document. If you are crea ting a payment document through F-53 or F-58 without linking the Accounting docu ment, than we have to create a link between the accounting document and payment document and that can be done through F-32 (for GL) and F-44 (for AP). An good e xample is when we make down payment, a payment document is created. If we post t he invoice, an accounting document is created. To clear this payment document an d accounting document, F-44 is used. - F-28 will be used to make trasactions for income payments. Eg: If you receive from a customer by using above T code will be passed necess ary entries. - F-32 will used used for clear the Customer line items. - F-53 will be used for making payments to vendors. - F-44 will be used for clearing the Vendor Line items. Tips by : Suresh, Ramesh An asset class is the main criterion for classifying fi xed assets according to legal and management requirements. The asset class controls parameters and default values for asset masters. Each asset master record must be assigned to one asset class. May be you are going in the wrong way. e.g. Asset purchased on 01.01.2011 for INR 10000 The same has been sold on 31.01.2011 for INR 8000 Here the accounting entry is Dr Customer 8000 Cr. Sales interim account 8000 Dr Acc.depreciation 500(assumption) Cr Asset 10000 Dr Sales interim account 8000 Dr Loss on asset sale 1500 here accumulated depreciation account will show 500 Dr until you execute depreci ation for the sold asset After depreciation execution Dr Depreciation account 500 Cr Acc. dep 500 Now the balance of acc.dep account is nil. http://accountingexplained.com/financial/non-current-assets/revaluation-of-fixed -assets http://moneyterms.co.uk/revaluation-reserve/ http://www.caclubindia.com/articles/revaluation-of-assets-73.asp http://forums.sdn.sap.com/thread.jspa?threadID=1945410 http://forums.sdn.sap.com/thread.jspa?threadID=1945410

http://forums.sdn.sap.com/thread.jspa?threadID=1791556 http://forums.sdn.sap.com/thread.jspa?threadID=2088545 http://forums.sdn.sap.com/thread.jspa?threadID=2080693 http://forums.sdn.sap.com/thread.jspa?threadID=2080693 http://forums.sdn.sap.com/thread.jspa?threadID=1014806 http://forums.sdn.sap.com/thread.jspa?threadID=2116908 http://sapdocs.info/sap/fico/asset-under-construction-auc-in-sap/ http://forums.sdn.sap.com/thread.jspa?threadID=2109835&tstart=120 http://forums.sdn.sap.com/thread.jspa?threadID=2109119&tstart=120 http://forums.sdn.sap.com/thread.jspa?threadID=1848448 http://www.sapfans.com/forums/viewtopic.php?f=10&t=322215 Log InRegisterAbout UsHow to ContributeStore..Welcome Guest .SDN CommunityBPX CommunityBusiness AnalyticsUniversity AlliancesSAP EcoHub .HomeForumsWikiBlogsArticleseLearningDownloadsCode ExchangeCareer CenterEventsIn noCentiveIdea PlaceSAP Help Portal.. Quick Search Browse Pages News Labels Attachments Advanced My Home > ERP Financials > ERP Financials > Financial Accounting > Asset Accounting > All Other Information > Asset Accounting Transaction Codes Tools Attachments (0) Page History Restrictions Info Link to this Page Asset Accounting Transaction Codes Depreciation Depreciation is the reduction in the book value of an asset due to its use over ti me ( decline in economic usefulness ) or due to legal framework for taxation reporti ng. The depreciation is usually calculated taking into account the economic life of the asset, expected value of the asset at the end of its economic life (junk / scrap value), method of depreciation calculation (straight line method, declin ing balance, sum of year digits, double declining, etc.), and the defined percen tage decline in the value of the asset every year (20%, or 15%, and so on). The depreciation can either be planned or unplanned. Planned depreciation is one which brings down the value of the asset after every planned period; say every month, until the asset value is fully depreciated ove r its life period. With this method, you will know what the value of the asset a t any point of time in its active life. On the contrary, unplanned depreciation is a sudden happening of an event or occ urrence not foreseen (there could be a sudden break out of a fire damaging an as set, which forces you to depreciate fully as it is no longer useful economically ) resulting in a permanent reduction of the value of the asset. In SAP, you will come across three types of depreciation: 1.Ordinary depreciation, which is nothing but planned depreciation. View Wiki Markup

2.Special depreciation, which is over and above ordinary depreciation, used normal ly for taxation purposes. 3.Unplanned depreciation, which is the result of reducing the asset value due to the sudden occurrence of certain events.

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AACCOBJ Display Active Acct Assgnmt Elements AARC Archiving Asset Accounting AART Reading of Archive Data AATENV1 Create Data Collection AATENV2 Create Test Cases AATENV3 Execute Test Cases AAVN Recalculate base insurable value AB01 Create asset transactions AB02 Change asset document AB03 Display Asset Document AB08 Reverse Line Items ABAA Unplanned depreciation ABAD Asset Retire. frm Sale w/ Customer ABAD_OLD Asset Retire. frm Sale w/ Customer ABAKN Last Retirement on Group Asset ABAO Asset Sale Without Customer ABAON Asset Sale Without Customer ABAV Asset Retirement by Scrapping ABAVN Asset Retirement by Scrapping ABAW Balance sheet revaluation ABAWN New value method ABB1 Correction of Asset Accounts ABCO Adjustment Posting to Areas ABF1 Post Document ABF1L Post Document in Ledger Group ABGF Credit Memo in Year after Invoice ABGL Enter Credit Memo in Year of Invoice ABIF Investment support ABMA Manual depreciation ABMR Manual transfer of reserves ABMW Reverse asset trans. using doc. no. ABNA Post-capitalization ABNAN Post-Capitalization ABNC Enter post-capitalization ABNE Subsequent Revenue ABNK Subsequent Costs ABSO Miscellaneous Transactions ABSO_OLD Miscellaneous Transactions ABST Reconciliation Analysis FI-AA ABST2 Reconciliation Analysis FI-AA ABT1 Intercompany Asset Transfer ABT1N Intercompany Asset Transfer ABUB Transfer between areas ABUM Transfer From ABUMN Transfer within Company Code

ABUZSM Maintain Line Item Schema ABZE Acquisition from in-house production ABZK Acquisition from purchase w. vendor ABZO Asset acquis. autom. offset. posting ABZON Acquis. w/Autom. Offsetting Entry ABZP Acquistion from affiliated company ABZS Enter write-up ABZU Write-up ABZV Asset Acquis. Posted w/Clearing Acct ACC01 Account Maintenance FI-AA ACCMAP Convert Depreciation Areas ACSET Maint.Acct Types for Acct Asgmt Obj. AFAB Post depreciation AFABN Post Depreciation AFAF Assets with errors AFAM_093B View Default Values for Valuation AFAM_093C Company Code Default Values AFAMA View Maint. for Deprec. Key Method AFAMD View Maint. Declining-Bal. Method AFAMH Maintain Maximum Amount Method AFAMP View Maint. Period Control Method AFAMR View Maintenance Base Method AFAMS View Maint. Multi-Level Method AFAMSK Method: Levels in Calendar Years AFAR Recalculate Depreciation AFBN Include New Depreciation Area AFBP Create depreciation posting log AIAB AuC Assignment of Dist. Rule AIAO C AM Maint. list vers. gen. line itm AIAZ Display Dist. Rule Allocation AIBU Transfer Asset under Const. AIIO C AM Maintain List Version AuC AIST Reverse Settlement of AuC AJAB Year-End Closing AJRW Fiscal Year Change AM04 Changes to Asset Classes AM05 Lock Asset Class ANHAL Maintain Cutoff Value Key ANK0 Ch.-of-Depr.-Dep. Asset Class Data ANK1 Ch.-of-Depr.-Dep. Control Specif. ANK2 Ch.-of-Depr.-Dep. Allocations ANK3 Ch.-of-Depr.-Dep. Net Worth Valuat. ANK4 Ch.-of-Depr.-Dep. Insurance Data ANKA Directory of asset classes Asset class and company code are available in ANLA ANKL Generate Asset Classes ANKL_OLD Create Asset Classes from Accounts ANSICHT Maintain Asset Views ANSICHT00 Assignment Trans.Group - Asset View ANVEST Maintain Investment Support Measures AO11 Assign number range AO21 Screen layout for deprec. areas AO25 Unit-of-prod. depreciation AO31 Specify Depreciation Area AO32 Assign net worth tax area AO33 Net worth tax field selection AO41 Add to insurance specifications AO42 Insurance field selection AO51 Leasing field selection AO52 Add to leasing entries

AO61 Assign user fields AO67 Define Transaction Type AO68 Define Transaction Type AO69 Account assignmt. KTNAIB AO71 Document type for posting deprec. AO72 Specify posting procedure AO73 Define Transaction Type AO73_INV Define Transaction Type AO74 Define Transaction Type AO75 Define Transaction Type AO76 Define Transaction Type AO77 Define Transaction Type AO78 Define Transaction Type AO79 Define Transaction Type AO80 Define Transaction Type AO81 Define Transaction Type AO82 Define Transaction Type AO83 Define Transaction Type AO84 Define Transaction Type AO85 Account assignmt Acquisitions AO86 Account assingmt. Retirements AO87 Acct. Assignmt Revaluation on APC AO88 Acct.Assignmt for Investment Support AO89 Acct.assmt. not to curr ac.as.share AO90 Account assignmt Acquisitions AO90_OLD Account assignmt Acquisitions AO91 Specify field group authorization AO92 Logical field groups AO93 Ord. Depreciation Acct Assignment AO94 Special Depreciation Acct Assignment AO95 Acct. assgnmt. Unplanned deprec. AO96 Acct. assgnmt. Transfer of reserves AO97 Acct. assgnmt. Reval. of deprec. AO98 Acct. assignment Interest AO99 Acct. assgnmt. Derived dep. areas AO99_OLD Acct. assgnmt. Derived dep. areas AOBK Depreciation areas/Reduction rules AOBV Maint. of rules for delivery costs AOCO Cost center check (across co.codes) AOLA Master Data Tab AOLAPOST Tabstrip Posting Transactions AOLK Tab Layout for Asset Master Data APER_RESET Reset Periodic Posting Run AR01 Call Asset List AR02 Call Up Asset History Sheet AR03 Call Up Depreciation List AR04 Call Up Depreciation + Interest List AR05 Call Up Asset Acquisition List AR06 Call Up Asset Retirement List AR07 Call Up Asset Transfer List AR08 Call Up Depreciation Compare List AR09 Call Up Property List AR10 Call Up Insurance List AR11 Investment Grants AR11N Investment Grants AR12 Call Up Asset Directory AR13 Call Up Prim. Cost Plan. Dep./Int. AR14 Call Up Manual Depreciation List AR15 Changes to Master Record AR16 Changes to Asset Classes

AR17 Call Up Leasing Liability List AR18 Call Up Depr.Simulation AR19 Call Up List of Origins AR20 Retirement comparison AR21 Mid-quarter Alert Report AR22 Analysis of retirment revenue AR23 Italy: Asset register AR24 Italy: Assets at 3rd party AR25 Depreciation posted AR26 Call up special reserve list AR27 Call up: Group asset list AR28 Call up asset history AR29 Re- and New Valuation of Assets AR29N Re- and New Valuation of Assets AR30 Display Worklist AR31 Edit Worklist AR32 Call Create Worklist AR32N Call Create Worklist ARAL Display Application Log ARMO Schedule Monitor: Asset Accounting ARQ0 FIAA - Ad hoc reports ART0 FIAA - Information System AS01 Create Asset Master Record AS02 Change Asset Master Record AS03 Display Asset Master Record AS04 Asset Changes AS05 Block Asset Master Record AS06 Delete Asset Record/Mark for Delet. AS08 Number Ranges:Asset Number AS100 Legacy Data Transfer using Excel AS11 Create Asset Subnumber AS11_FMIM Create AuC Subnumber AS21 Create Group Asset AS22 Change Group Asset AS23 Display Group Asset AS24 Create Group Asset Subnumber AS25 Block group asset AS26 Mark group asset for deletion AS81 Create Old Group Assets Data AS82 Change old group asset AS83 Display old group asset AS84 Create legacy group asset subnumber AS91 Create Old Asset AS92 Change Old Asset AS93 Display Old Asset AS94 Create Legacy Asset Subnumber ASCC Assets on My Cost Center - GUI Vers. ASCC_GUI Assets on My Cost Center ASEM My assets ASEM_GUI My Assets - GUI Version ASIM Simulation of asset posting ASKB Periodic Asset Postings ASKBN Periodic APC Posting Run AT01 Create Asset Master Record (old) AT02 Change Asset Master Record (old) AT03 Display Asset Master Record (old) AT11 Create Asset Subnumber (Old) AT21 Create Group Asset (old) AT22 Change Group Asset (old) AT23 Display Group Asset (old)

AT24 Create Group Asset Sub-Number (old) AT81 Create Old Group Asset (old) AT82 Change Old Group Asset (old) AT83 Display Old Group Asset (old) AT84 Display Old Group Asset Sub-No.(old) AT91 Create Old Asset (old) AT92 Change Old Asset (old) AT93 Display Old Asset (old) AT94 Create Old Asset Sub-Number (old) AUFW Maintain Revaluation Measures AUN0 FI-AA Asset Summary - Analysis of an asset and its environment AUN1 FI-AA Asset Summary - Analysis of an asset and its environment: Postings AUN10 FI-AA Asset Summary - Analysis of an asset and its environment: Fiscal Ye ar Variant AUN11 FI-AA Asset Summary - Analysis of an asset and its environment: Transfer/ Line Item Schema AUN2 FI-AA Asset Summary - Analysis of an asset and its environment: Value Dete rmination AUN3 FI-AA Asset Summary - Analysis of an asset and its environment: Posted Val ues AUN4 FI-AA Asset Summary - Analysis of an asset and its environment: Legacy Dat a AUN5 FI-AA Asset Summary - Analysis of an asset and its environment: Account As signment AUN6 FI-AA Asset Summary - Analysis of an asset and its environment: Insurance AUN7 FI-AA Asset Summary - Analysis of an asset and its environment: Leasing AUN8 FI-AA Asset Summary - Analysis of an asset and its environment: Investment Support AUN9 FI-AA Asset Summary - Analysis of an asset and its environment: Screen Lay out AUVA FI-AA Incomplete Assets AW01 Asset Explorer AW01_AFAR Asset Explorer (old engine) AW01_OLD Asset Master Rec: Display Val.Fields AW01N Asset Explorer F-90 Acquisition from purchase w. vendor F-91 Asset Acquis. Posted w/Clearing Acct F-92 Asset Retire. frm Sale w/ Customer FAA_GENMAP Generate Mapping Methods FB05_OLD Post with clearing FBA7_OLD Post Vendor Down Payment FBA8_OLD Clear Vendor Down Payment FIAAHELP FI-AA Utility Programs FIAAHELP_DARK FI-AA Utility Programs Dispatcher J1AH Creating Way Bills J1AI Asset Revaluation (Inflation) J1AJ Print Way Bill Document OA01 Gain/loss substitution -Fixed assets OA02 Substitution: Mass Changes to Assets OA03 C AM Asset Class Index OA05 C AM Maintain Table T499S OA07 Generate C AM BALTD Record Layout OA08 FI-AA: Maintain Country Table OA11 C AM Asset Master Matchcode OA13 FI-AA Legacy Data Transfer OA14 Direct import of data OA15 C AM Maintenance Table T094P OA1X Asset Data Transfer OA50 Maint. of rules for delivery costs

OA79 C AM Maintain Ast.Hist.Sheet Defin. OA80 C AM Maint. Asset.Hist.Sheet Defin. OA81 Maintain Transaction Types - Expert OA84 Generate Period Control OA85 C FI-AA: Weighting periods OA90 AM: Asset Register OAAQ Take back FI-AA year-end closing OAAR C AM Year-end closing by area OAAW FI-AA: Memo value for asset class OAAX FI-AA: Asst class for grp asset only OAAY FI-AA: Hist. layout set-asset class OAAZ FI-AA: Settlement profile OABC Depreciation areas/value transfer OABD Depreciation areas/param. transfer OABE Deprec. areas/gross transfer OABK Delete asset class OABL C AM Reset Company Code OABM Depreciation areas/Transfer of resvs OABN Depreciation areas/ordinary deprec. select ordinary depreciation area chec k box and radio button of negative values and zero allowed. OABR Maint. of rules for delivery costs OABS Depreciation areas/Special deprec. OABT Set Up Parallel Currencies OABT_OLD Deprec. areas/parallel currencies OABU Depreciation areas/Unplanned deprec. OABW Depreciation areas/Replacement vals OABX Deppreciation areas/Investmt support OABY C AM Maintain Table T093Y OABZ Depreciation areas / Interest OAC1 C AM Leasing Types OACB Customer name for evaluation group 1 OACC Customer name for evaluation group 1 OACD Customer name for evaluation group 1 OACE Customer name for evaluation group 1 OACF Customer name for evaluation group 1 OACS C FI-AA View maint. substitutions OACV C FI-AA View maint. validations OADB Define Depreciation Area select Real depreciaiton area and select does no t post OADB_WZ Set Up Parallel Valuation OADC Depreciation Areas: Area type OAGL Reset posted depreciation OAI5 C FIAA Time-dependent inv. support OAK1 C AM Consist. Chart of Depreciation OAK2 C AM Consist. Company Code OAK3 C AM Consist. Depreciation Area OAK4 C AM Consist. G/L Accounts OAK5 C AM Customizng reconc. acct. contrl OAK6 C AM Consist. G/L accounts OAK7 Reconc. acct. as stat. cost element OAKA Standart texts in asset class OAKB Define asset for gain/loss OALX Define Long Text Templates OAMK Change Reconciliation Accounts OAOA FI-AA: Define asset classes OAOB FI-AA: Assign company codes OAP4 FI-AA: Description of chart of dep. OAPL C FI-AA: Set Chart of Depreciation OARC Maint. of retention periods FI-AA OARK Archive Settings

OARP OASI OASV OATB OATR OAV5 OAV7 OAV8 OAV9 OAVA OAVB OAVC OAVD OAVE OAVF OAVG OAVH OAVI OAVJ OAVL OAVM OAVN OAVO OAVP OAVR OAVS OAVT OAVX OAVZ OAW1 OAW2 OAW3 OAWF OAWT OAXB OAXC OAXD OAXE OAXF OAXG OAXH OAXI OAXJ OAY1 OAY2 OAYA OAYB OAYC OAYD OAYE OAYF OAYG OAYH OAYI OAYJ OAYK OAYL OAYM OAYN OAYO

Call up of AM report overview FI-AA Implementation Guide (smart) Enter G/L Account Postings Asgmt of dep.area to cross-sys.area Define Report Selection Index figures C AM Change Simulation Versions FI-AA C Def. Eval. Group, 8 places C AM Asset hist. group view maint. C AM Eval. Group View Maintenance C AM View Maintenance Prop.Indicator C AM Manual Valuat. View Maintenance C AM Insurance Data View Maintenance C AM View Maintenance Classif.NWTax C AM View Maint. Insurance Companies C AM View Maint. Report Simul.(Dep) C AM View Maint. Period Control C AM View Maint. Sort Versions C AM View Maint. Trans.Type Group C AM View Maint. Locations C AM View Maint. Field Groups C AM View Maint. Fld.Grp. Asset Data C AM View Maint. Screen Control C AM View Maint. Deprec.Trace Texts C AM View Maint. Dep.Check Rules C AM View Maint. Period Rule C AM View Maint. Insurance Premium C AM view maint no.periods shtd f.yr C AM Call up report Reason for investment Maximum base value Translation method Assign Workflow Tasks AW01- define value field texts Deprec. areas for transaction types Deprec. areas for transaction types Deprec. areas for transaction types Deprec. areas for transaction types Define Transaction Type Define Transaction Type Deprec. areas for transaction types Deprec. areas for transaction types Deprec. areas for transaction types Special handling of transfer posting Asset class: Low value asset check Deprec. areas for transaction types Limiting transaction type groups Legacy data transfer: Depr. terms Legacy data transfer: Man. entry FC Legacy data transfer: Sequence Legacy Data Transfer: Accumul. Depr. Legacy data transfer: Calc.repl.val. Depreciation area currency Memo value of area Net book value is changeover amount Low-value assets Individual period weighting Permit group asset for area Assign bal.sheet/inc.stmt to area Rounding specific. for deprec. area

OAYP OAYQ OAYR OAYS OAYT OAYU OAYZ OAZ1 OAZ2 OB03 OKGL ORFA SPRO

Shortening rules for shortened FY Gross/net resrvs.for special deprec. Posting rules for depreciation Special treatment of retirement Transact.type for proportional vals Capitaliztn of dwn-paymnts (transfr) Asset class: Depreciation areas Validation Rules for Trans.Typ.Grp. Substitution for trans.type group C FI Maintain Table T003 (Change View "Document Types") Versions for capitalization val.calc Asset Accounting Customizing: Display IMG Customizing: Execute Project - SAP Reference IMG

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internal Order as Investment Measure: 1. 2. 3. a. 4. 5. Define the AuC Asset Class (with investment measure) - OAOA Define the Asset Class for Main Asset - OAOA Define Investment Profile - OITA Assign the AuC Asset Class (Step-1) in the investment profile Assign Investment Profile to Model Order - OITA Define Order Type (Investment) - KOT2 a. Settlement Profile - OKO7 b. Maintain Allocation Structures - OKO6 c. Planning Profile - OKOS d. Budget Profile - OKOB 6. Create an Internal Order - KO01 a. With the Investment Profile (Step-2) b. AuC automatically created by the system using Asset Class given in the Invest ment Profile 7. Post the amounts to IO - FB01 8. Settle the amounts to AuC from IO (Prcg type: Automatic) - KO88 9. Create the Main Asset - AS01 10. Settle the amounts to Main Asset from AuC(Prcg type: Full) - KO88 AuC using Line Item Settlement: 1. Define the AuC Asset Class (with Line Item Settlement) - OAOA 2. Define the Asset Class for Main Asset - OAOA 3. Define Order Type (Overhead) - KOT2 4. Create an AuC-Asset (using Step-1 Asset Class) - AS01 5. Create an Internal Order - KO01 a. Assign the AuC Asset in Settlement Rule in IO 6. Post the amounts to IO - FB01 7. Settle the amounts to AuC from IO - KO88 8. Create Main Asset (using Step-2 Asset Class) - AS01 9. Assign the Main Asset in IO (Step-5) - KO02 10. Settlement AuC Line Item List - AIAB 11. Settlement AuC - Receiver - AIBU SPRO OAYE SPRO OAYC OAYD OAYF Set Company Code Status Specify Sequence of depreciation areas Specify Transfer Date / Last Closed Fiscal Year Specify Last Period Posted in Prv. System (Transf. During FY) Transfer Foreign Currency Values Recalculate Depreciation for Previous Years

OAMK Set Reconciliation Accounts (Manually) Set Company Code Status: SAP Reference IMG > Financial Accounting > Asset Accounting > Asset Data Transfe r > Set Company Code Status You use this indicator to specify the status of the company code from the point of view of Asset Accounting: Test status - You can change values by transferring asset data from a previous system, or by posting. Transfer status - You can enter and change values by transferring asset data f rom a previous system, but posting is not possible. Production status - The asset data transfer is complete. You can only change v alues by posting. Before the system goes live, it is essential that you set the system status to "production" (not test). This rule applies even if you transfer asset data from your previous system i n several phases over the course of time. If you do transfer data in this way, y ou have to temporarily remove the "production" setting of the the company code s tatus. Company code status is generally set to '2' for conversion purposes. This identi fies the company code as being in test with data transfer always allowed. This s hould be the start-up position for the asset company codes. In the Production system, this setting should be changed to "0 Asset data transf er completed" once all data takeover activities are completed for each company c ode. Once the SAP company code has had at least one Quarter end reported and verified after go-live, and the assets data is deemed stable, the company code status wi ll be set to '0'. 0 Asset data transfer completed 1 Asset data transfer not yet completed 2 Test company code with data transfer always allowed 3 Company code deactivated - reporting allowed Specify Sequence of Depreciation Areas: SAP Reference IMG > Financial Accounting > Asset Accounting > Asset Data Transfe r > Specify Sequence of Depreciation Areas In this field you define the order in which you want to update depreciation area s with values during legacy data transfer. You determine this sequence by enteri ng a relative number in this field. During the transfer of legacy data, the first depreciation area to be transferre d is generally the book depreciation area. In this step, the sequence of the depreciation areas for the data takeover trans action is specified. If there are additional depreciation areas for local / fisc al purposes, the sequence for the depreciation areas may be impacted. Specify Transfer Date/Last Closed Fiscal Year: SAP Reference IMG > Financial Accounting > Asset Accounting > Asset Data Transfe r > Parameters for Data Transfer > Date Specifications > Specify Transfer Date/L ast Closed Fiscal Year Status In this step, the asset transfer date for conversions is specified. This setting is maintained in each client to facilitate test conversion activities. This configuration is mostly maintained directly in each client. You have to ent er this date before starting the asset data transfer. In most cases, the transfe

r date will be the last day of a fiscal year. All transactions starting in the n ew fiscal year are then carried out only in SAP Asset Accounting. The values tra nsferred are the cumulative values at the end of the fiscal year. The transfer date can also be during the fiscal year. When the transfer date is within the fiscal year, the values transferred are the values as they stand at t he end of the last closed fiscal year before the transfer date. The transactions since the start of the current fiscal year, however, also have to be transferre d. This is necessary in order to create the asset history sheet. This field is only ready for input if the company code is not yet live. The syst em uses this date to determine the last closed fiscal year. Specify Last Period Posted in Prv. System (Transf. During FY): SAP Reference IMG > Financial Accounting > Asset Accounting > Asset Data Transfe r > Parameters for Data Transfer > Date Specifications > Specify Last Period Pos ted in Prv. System (Transf. During FY) The following step is only necessary if you want to perform an old assets data t akeover during the fiscal year. In this case, you must specify the period up to which depreciation was posted in the previous system. This period refers to the posted depreciation that is to be transferred during old assets data takeover. In this field, the system enters the period, for which depreciation was last pos ted. If the legacy data transfer is carried out during the fiscal year, you must update this field manually. This field is not available for input if there is no legacy data transfer during the fiscal year, or if depreciation is not posted in this depreciation area. If the asset takeover date is during a fiscal year, e.g. 31.03.2006, then the la st period in which depreciation postings were made in the legacy system must be specified. This setting is maintained in each client. This configuration is maintained directly in each client. Transfer Foreign Currency Areas: SAP Reference IMG > Financial Accounting > Asset Accounting > Asset Data Transfe r > Options > Transfer Foreign Currency Areas. You only need to carry out this step if you manage depreciation areas in foreign currencies. In this step, you determine that foreign currency areas can receive values durin g old assets data takeover. Then the depreciation areas are not supplied with va lues from another area by the system, although they are defined as dependent are as by the Customizing settings. This specification can only be made for areas th at are managed in foreign currency. Using this indicator, you specify that you will provide values for the foreign c urrency area during the legacy data transfer. The system then does not provide v alues itself for the area (by taking over values from another area, with no chan ges allowed) as it normally would. You can only make an entry in this field for an area which is managed in foreign currency. For any Depreciation area with foregin currency values fixed at the Group Rate a s at the takeover date, the takeover values for this depreciation area is calcul ated manually/automation tool. Please note that if any change to depreciation area sequence is undertaken, that the manually input flag will change position and will require updating. Recalculate Deprecation for Previous Years:

SAP Reference IMG > Financial Accounting > Asset Accounting > Asset Data Transfe r > Parameters for Data Transfer > Options > Recalculate Depreciation for Previo us Years Set this indicator if you want the system to newly calculate accumulated depreci ation from past years during the legacy asset data transfer. You can recalculate the accumulated depreciation from the past, based on SAP dep reciation rules, when a depreciation area is newly entered the values from a dep reciation area should be recalculated in the R/3 system.for example, conversion data is not available for this depreciation area for these assets This recalculation is based on the condition that the acquisition value was acqu ired completely at the time of capitalization. However, for the book depreciatio n area, this is only possible in company codes that are still in test mode. You can also recalculate accumulated past depreciation for individual assets usi ng the transaction "change old assets" (Function: recalculate values) after the takeover of data from your previous system. Set Reconciliation Accounts (Manually) : SAP Reference IMG > Financial Accounting > Asset Accounting > Preparing for Prod uction Startup > Set Reconciliation Accounts - TCODE: OAMK (OAK5 - for automatic ally set) This step is required for conversion purposes. Carried out directly in client du ring cutover. By default the relevant GL accounts will have been created as reco nciliation accounts. As part of the conversion, the flag is removed from the GL accounts per asset class per company code. After the balances have been loaded, the reconciliation flag is reset. OAMK allows this to be carried out manually. O nce they are set as reconciliation accounts, the system will only post to them v ia Asset Accounting from this point onwards. This is maintainable in each clien t except production where this step is managed by the cutover strategy.