Asset Accounting

Consultant
1. Copy Reference Chart of Depreciation/ Depreciation Arrears
2. Assign Chart of Depreciation to Company Code
3. Specify Account Determination
4. Create Screen Layout Rules
5. Define Number Range Interval
6. Define Asset Class
7. FS00- Centrally (G/L A/c Creation)
i. Building A/c {Fixed Assets, Reconciliation A/c (Assets), G007}
ii. Accumulated Depreciation A/c {Reserve & Surplus, Reconciliation A/c (Assets),
G007}
iii. Depreciation A/c {Indirect Expenses, G001}
iv. Sale of Assets {Indirect Incomes, G001}
v. Profit on Sale of Asset {Indirect Incomes, G001}
vi. Loss on Sale of Asset {Indirect Expenses, G001}

8. Assign G/L Account

9. Define Multi Level Method
10. Maintain Depreciation Key
11. Determine Depreciation Arrears in Asset Class
12. Deactivate Asset Class for Chart of Depreciation
13. Define Screen Layout for Asset Master Data
14. Define Screen Layout Rule for Asset Depreciation Arrears
15. Define or Assign Forms

End Users Screen

AS01- Asset Creation
F-90- Asset Purchase with Vendor
AW01N- Asset Explorer
ABA0N- Asset Sale to Customer
Asset Sale without Customer
ABAVN- Asset Retirement by Scrapping

1. Copy Reference Chart of Depreciation/ Depreciation Arrears

Path : IMGFinancial AccountingAsset AccountingAsset Account (Lean
Implementation)Organizational StructureCopy Reference Chart of Depreciation/
Depreciation Arrears

T.Code :EC08
Note:- In order to customize Chart of Depreciation, One needs to customize the Chart of Depreciation
0DE or 1DE

Double Click on Copy Reference Chart of Depreciation and Click on Copy Button
Press Enter Key
Next Screen will get displayed
Press Enter Key
Than press enter key again
Now go Back &

Double Click on Specify Description of Chart of Depreication

Click on Position
& make Changes in Description as below
Save

Now Double Click on Copy/Delete Depreciation Areas

Next Screen will ask to Choose a Chart of Depreciation and Select your Chart of
Depreciation
Next Screen will be displayed as
Now Select & Delete all the entries except 1,2,30.
Save

Next Click on YES all time and Message will get displayed

Data was saved

2. Assign Chart of Depreciation to Company Code
Path : IMGFinancial AccountingAsset AccountingAsset Account (Lean
Implementation)Organizational StructureAssign Chat of Depreciation to Company Code

Click on Position
 Save

3. Specify Account Determination

Path : IMGFinancial AccountingAsset AccountingOrganizational Structure Asset Class
Specify Account Determination
Click on New Entries and define the Account Determination
 Save

4. Create Screen Layout Rules

Path : IMGFinancial AccountingAsset AccountingOrganizational Structure Asset Class
Create Screen Layout Rules
Select the row of 1100 Building and Click on Copy Button and make the change
Save
5. Define Number Range Interval
Path : IMGFinancial AccountingAsset AccountingOrganizational Structure Asset Class
Define Number Range Interval
 Save

6. Define Asset Classes

Path : IMGFinancial AccountingAsset AccountingOrganizational Structure Asset Class
Define Asset Classes
 Save

7. FS00- Centrally (G/L A/c Creation)

i. Building A/c {Fixed Assets, Reconciliation A/c (Assets), G007}
ii. Accumulated Depreciation A/c {Reserve & Surplus, Reconciliation A/c (Assets),
G007}
iii. Depreciation A/c {Indirect Expenses, G001}
iv. Sale of Assets {Indirect Incomes, G001}
v. Profit on Sale of Asset {Indirect Incomes, G001}
vi. Loss on Sale of Asset {Indirect Expenses, G001}
 8. Assign G/L Account
Path : IMGFinancial AccountingAsset AccountingIntegration with General Ledger Assign
GL Account

Select the Chart of Depreciation & Double Click on Account Determination

Then
Select the Account Determination & Double Click on Balance Sheet Account

Double Click on Depreciation

Save

9. Define Multi Level Method

Path : IMGFinancial AccountingAsset AccountingDepreciation Valuation Method
Depreciation Key Calculation Methods Define Multi Levels Methods
Click on New Entries
Double Click on Levels
Save

10. Maintain Depreciation Key

Path : IMGFinancial AccountingAsset AccountingDepreciation Valuation Method
Depreciation Key Calculation Methods Define Multi Levels Methods
Click on New Entries
Double Click on Assignment of Calculation Method &
Click on New Entries
Save &
go back & again go back
Click on Activate Depreciation Button
Save

11. Determine Depreciation Arrears in Asset Class

Path : IMGFinancial AccountingAsset AccountingValuation Determine Depreciation
Arrears in Asset Class
Select the Asset Class row & Double Click on Depreciation Arrears
Next for Layout , Select the 1000

Uncheck all the option of Deactivate and fill the following option Dep. Key (BL02) & Use (15 %)

Now, Deactivate the option 02, 30 and Press Enter Key

 Save

12. Deactivate Asset Class for Chart of Depreciation

Path : IMGFinancial AccountingAsset AccountingValuation Deactivate Asset Class for Chart
of Depreciation
Note :- Lock all the Asset Class except BLDG0002 (our Asset Class)
Save

13. Define Screen Layout for Asset Master Data

Path : IMGFinancial AccountingAsset AccountingMaster Data Screen Layout Define
Screen Layout for Asset Master Data

Double Click on Define Screen Layout for Asset Master Data

Select the Layout BD04 & Double Click on Logical Field Group
Select the 1st option (General Data) & Double Click on Field Group Rules
 Select the 1 Layout Field Group row and Double Click on Field Group Rule

Save

14. Define Screen Layout Rule for Asset Depreciation Arrears

Path : IMGFinancial AccountingAsset AccountingMaster Data Screen Layout Define
Screen Layout Rule for Asset Depreciation Areas
Select the 1000 and Double Click on Field Group Rules
 Save

15. Define or Assign Forms

Path : IMGFinancial AccountingAsset AccountingInformation System Define or Assign
Form
 Double Click on Assign Asset Class/History Sheet

Click on Position

Save
End Users Screen
A) AS01- Create
Path :- SAP Menu Accounting Financial Accounting Fixed Asset Asset AS01-Create

Asset Class = BLDG0002

Company Code = 0002

Press Enter Key

Description = Building Azadpur

Save

B) F-90 Asset Purchase (with Vendor)

Path :- SAP Menu Accounting Financial Accounting Fixed Asset Asset Posting Acquisition
External Acquisition F-90 Asset Purchase (With Vendor)

Posting Key = 31 (Vendor A/c Credit)

Account = Vendor Account
Trans. Key = 100 (External Asset Acquisition)

&
Posting Key = 70 (Asset A/c Debit)
Account = Building Account
Trans. Key = 100 (External Asset Acquisition)

Press Enter Key

Click on Document (Menu Bar) Simulate

And Post

C) AW01N- Asset Explorer

Path :- SAP Menu Accounting Financial Accounting Fixed Asset Asset AW01N Asset
Explorer

D) ABA0N- Asset Sale without Customer

Path :- SAP Menu Accounting Financial Accounting Fixed Asset Retirement Retirement
with Revenue ABA0W-Asset Sale without Customer
E) ABAVN- Asset Retirement by Scrapping
Path :- SAP Menu Accounting Financial Accounting Fixed Asset Retirement Retirement
with Revenue ABA0W-Asset Sale without Customer