Scribd
Upload
409 views11 pages

Create Asset Master - AS01

This Standard Operating Procedure describes how to create an asset master record in SAP. It provides the transaction code to use (AS01), screenshots of each step, and descriptions of the key fields to populate at each screen. The multi-step process involves selecting an asset class, entering master data like the asset number and description, and time/cost allocation details. It also covers populating origin details like vendor and manufacturer, depreciation areas, and saving the new asset master record.

Uploaded by

Gavin Monteiro
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Topics covered

  • Book Depreciation,
  • Plant Information,
  • Allocations Tab,
  • Asset Data Management,
  • Asset Control,
  • Data Entry,
  • Asset Valuation,
  • Financial Management,
  • Asset Management System,
  • Vendor Information
409 views11 pages

Create Asset Master - AS01

This Standard Operating Procedure describes how to create an asset master record in SAP. It provides the transaction code to use (AS01), screenshots of each step, and descriptions of the key fields to populate at each screen. The multi-step process involves selecting an asset class, entering master data like the asset number and description, and time/cost allocation details. It also covers populating origin details like vendor and manufacturer, depreciation areas, and saving the new asset master record.

Uploaded by

Gavin Monteiro
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Topics covered

  • Book Depreciation,
  • Plant Information,
  • Allocations Tab,
  • Asset Data Management,
  • Asset Control,
  • Data Entry,
  • Asset Valuation,
  • Financial Management,
  • Asset Management System,
  • Vendor Information
  • Introduction to Asset Master Creation: Introduces the purpose and scope of the Standard Operating Procedure (SoP) for creating an asset master in SAP.
  • Create Asset Master: Describes the initial steps and screen navigation for creating an asset master using T Code AS01 in SAP.
  • Asset Class Selection: Explains how to select an asset class and enter the necessary asset details.
  • Asset Master Data Entry: Details the process of entering master data and key details for asset registration in SAP.
  • General Data Input: Focuses on filling out general data fields including description and location for the asset.
  • Cost Center Allocation: Explains how to assign assets to cost centers and manage shifts for complex allocations.
  • Time-Dependent Data: Covers the entry of time-dependent data for asset management over its lifespan.
  • Allocation Details: Provides instructions for setting up allocation groups for tracking and reporting purposes.
  • Origin Tab Entries: Describes entering origin details, including vendor and country information, critical for inventory tracking.
  • Depreciation Specifications: Details advanced depreciation options and configurations for financial adjustments.
  • Depreciation Areas: Guides through setting up depreciation for assets over the specified useful life using key SAP settings.
  • Save and Finalize: Final steps to save the asset master record and completion of asset creation process.

SoP No.

SAP Description
Sop Scope
Date of Creation
SoP Author

Create Asset Master


25.11.2016
Gavin Monteiro

Introduction: This SoP is used to create an Asset Master


Transaction Code: AS01 Create
AS02 Change
AS03 - Display

Steps

Description/Test Data

Create Asset Master


T Code: AS01
1

Screen Shot

Select an Asset Class from


the list
1. Enter the Asset Class
2. Enter the Company Code
2

3. Number of similar assets:It enables you to create


multiple similar assets in one
master transaction

4. Reference is used to
create a new asset from an
already created asset.

For this Example, we use


Asset Class 6000

Press Enter to go to the


Master Data

4.

In the Asset Master Data:


1. The Asset number will be
internally determined by the
system
2. Enter the description of the
asset
3. Enter the capitalized date:For upload of Asset Master
Data in the system we need
it as 01.01.2017

Then go to Time Dependent

Tab:1. Enter the respective Cost


Centre
2. Enter the relevant Plant
3. If a machinery is used for
multiple shifts, enter this
field.

Then go to Allocations Tab

Evaluation groups serve to


classify fixed assets in any
way you need

Then go to the Origin Tab


1. Enter the Vendor number
2. Enter the name of the
Vendor
3. Enter the name of the
manufacturer of the product.
4. If the asset is purchased
new, tick the box.
5. If the asset was secondhand when it was acquired,
tick the box.

6. Enter the Country of Origin


for the Asset
7. Enter the Original date of
acquisition of the asset.
8. Enter the date of
capitalization of the asset.
9. Enter the original acquisition
Year
10. Enter the original value of
the asset.

Then go to Depreciation
Areas:
1. Book Depreciation
calculates & posts
depreciation as per the
Company Law, i.e, on the
basis of Useful life.
2. Tax Depreciation only
calculates & does not post
depreciation as per the
Income Tax Act.

8.

3. The Calculation of each


tax is done on the basis of
Depreciation Key.
For Book
Depreciation, the
depreciation keyZLCU.
For Tax
Depreciation, select
the respective code
between Z100 to
ZL60.
4. Enter the Useful Life in
Years.
5. Enter the Useful Life in
Months.

Double click on any


Depreciation Areas and this
screen opens:

9.

1. Enter the Ordinary


Depeciation Start Date:
For upload of Asset master
data the date is 01.01.2017.
2. If multiple shift factor is
used, the system multiplies
the variable depreciation
portion by the multiple shift
factor.
3. Enter the scrap value, if any.

10.

Once all the data is filled,


and the master is ready.
Click on SAVE.

11.

At the bottom of the screen,


the asset number is
displayed.

You might also like