ASSETS ACCOUNTING

>>> AN IMPORTANT SUB MODULE OF SAP FI

>>> MANAGE AND MONITOR TANGIBLE FIXED ASSETS
>>> REAL TIME INTEGRATION WITH MULTIPLE MODULES
>>> FULFILS EVERY COUNTIRES LEGAL REQUIREMENTS WHICH VARIES FROM COUNTRY TO COUN
>>> MINIMIZES TIME, ENERGY AND COST FOR ANY COMPANY

TYPES OF ASSETS

TANGIBLE ASSET: ASSETS HAVING A PHYSICAL EXISTENCE. SUCH AS CASH, EQUIPMENT,AN

ACCOUNTS RECEIVABLE ARE ALSO USUALLY CONSIDERED TANGIBLE ASSETS FOR ACCOUNTI

INTANGIBLE ASSET: YOU CAN MANAGE INTANGIBLE ASSETS, SUCH AS PATENETS, THE SAME
ASSETS IN THE SYSTEM. THERE ARE NO SPECIAL SYSTEM FUNCTIONS FOR HANDLING THE NE

ASSET UNDER CONSTRUCTION: THEY ARE USUALLY DISPLAYED AS A SEPARATE BALANCE SH

ACCOUNT DETERMINATION IN THEIR ASSET CLASSES.

LOW VALUE ASSETS ; LVAs ARE FULLY DEPRECIATED IN THE YEAR OF PURCHASE OR IN THE

LEASED ASSET: LEASED ASSETS CREATE SPECIAL ACCOUNTING REQUIREMENTS FOR THE LE
LEASED ASSETS REMAIN THE PROPERTY OF THE LESSER OR MANUFACTURER.

REAL TIME INTEGRATION WITH GENERAL LEDGER

INTEGRATION WITH:
MATERIAL MANAGEMENT (MM)
PRODUCTION PLANNING (PP)
ACCOUNTS PAYABLE (FI-AP)
ACCOUNTS RECEIVABLE (FI-AR)
COST ACCOUNTING (CO)
PLANT MAINTENANCE (PM)
NTING

IES FROM COUNTRY TO COUNTRY

CH AS CASH, EQUIPMENT,AND REAL ESTATE;

GIBLE ASSETS FOR ACCOUNTING PURPOSES.

UCH AS PATENETS, THE SAME AS TANGIBLE

TIONS FOR HANDLING THE NEEDS OF INTANGIBLE ASSETS.

D AS A SEPARATE BALANCE SHEET ITEM AND THEREFORE NEED A SEPARATE

EAR OF PURCHASE OR IN THE PERIOD OF ACQUISITION.

G REQUIREMENTS FOR THE LESSEE. DURING THE TERM OF THE LEASE,

NUFACTURER.