New Asset Accounting replaces classic Asset Accounting in SAP Accounting

powered by SAP HANA. This applies across

the entire system. New Depreciation program FAA_Depreciation_Post to post depreciation in

S/4 HANA Finance

however, there is no change in the depreciation calculation process. Significant speed-up of asset
depreciation run due

to the introduction of new program, which posts the pre-calculated planned values. In ECC 6.0,
depreciation is calculated run time and posted through program RAPOST2000/RAPOST2010.

Changes in Depreciation in New Asset Accounting in S/4 HANA

Depreciation Run

 Depreciation program RAPOST2000/RAPOST2010 is replaced by the new

program FAA_Depreciation_Post.
 Planned depreciation is determined and updated in the FAAT_Plan_Values
with each master record change and each posting to the asset.
 The depreciation run posts the pre-calculated planned values.
 The journal entry is updated in financial accounting at asset level.
 Period end closing can be performed even if there are errors on individual
assets. A test run can be performed but still with restriction for 1000 assets.
 Following are the changes on the screen of depreciation run (transaction
code AFAB):

--> New option to run depreciation for one company code or several company codes at once.

---> New field ' Accounting Principle on the Screen of Dep to restrict Dep run to one or more
accounting principles.This is necessary in case the accounting principles have a different
periodicity 

----> Reason for Posting run option: Selection Screen is simplified as " planned posting
run/repeat restart /Unplanned posting run " options are no longer available .Dep can be
run multiple times for period
-----> New Tab 'Info for Postings Parameters' to display details the last Depreciation.

Depreciation Posting rules: Smoothing

Depreciation is posted by the system at the end of each posting period. In the customizing step
for depreciation posting rules, there is an option called Smoothing in Classic Asset Accounting.
This option determines how the system behaves if settings like the depreciation key or useful life
have changed in the asset during the fiscal year,resulting in changes in the value of depreciation (
either high or low). If this option is activated, the difference is distributed equally among the
remaining posting periods of the current fiscal year.This option is not necessary and not available
anymore in New Asset Accounting in S/4 HANA Finance.
New configurations in New Asset Accounting in S/4 HANA Finance for Integrated Asset
Acquisition

Technical Clearing Account

With an integrated asset acquisition posted, both the operational part (debit technical clearing
account for

integrated asset acquisition, credit vendor (ledger group "INITIAL") and also the valuating part
(debit asset,

credit technical clearing account for integrated asset acquisitions) (accounting principle XY) are
displayed

together in the New Asset Accounting document display

 Posting logic is changed for integrated asset acquisition. System generates
several real time operational and accounting principle specific documents for
both leading and parallel ledgers.
 System divides the business transaction into an operational part and a
valuating part.
 For the operational part (vendor invoice), the system posts a document valid
for all accounting principles against the technical clearing account for
integrated asset acquisitions. Technical clearing account is debited and
Vendor account is credited.
 For each valuating part (asset posting with capitalization of the asset), the
system generates a separate document that is valid only for the given
accounting principle. Asset account is debited and Technical clearing
account is credited. From a technical perspective, the system generates
ledger-group-specific documents for each accounting principle.
 The Technical clearing account always balances to zero for every accounting
principle in the chart of depreciation in ledger approach in the financial
statement.
 Manual postings cannot be made to Technical clearing the account.
 The account is a balance sheet account that must be created as a
reconciliation account for fixed asset accounts.
  The account is not allowed to be defined in the account determination for
Asset Accounting.

Note :Depending on the business requirement, technical clearing account can either be
defined at the Chart of account level or can be defined based on the combination of
Chart of Account and Account Determination

Alternative Doc. Type for Acctg-Princpl-Spec. Docs

This is an optional configuration to segregate operational and accounting principle specific

posting on integrated asset acquisition. Alternative/separate document types can only be defined
for accounting principle specific documents.These alternative documents types are defined to
segregate valuating documents from the operational documents to help in identifying accounting
principle specific documents

Note: Depending on the business requirement, Alternative document types can be

defined either at a client level or at a company code level

Changes in configurations in New Asset Accounting in S/4 HANA Finance for

Integrated Asset Acquisition

1. The leading area of the leading valuation and the leading area of the parallel
valuation are required to be created with Area Posts in real time
2. It is mandatory to assign accounting principle to each depreciation area
including the non-posting depreciation areas.
3. For every additional currency defined on the company code, it is mandatory
to set up a corresponding depreciation area for both leading and non leading
ledger.
4. Derived depreciation areas (Delta depreciation areas) are no longer needed
due to the real time posting of both leading and parallel valuation. These
areas are optional and used for reporting purposes only.
5. Posting indicator for each depreciation area has been simplified and reduced
to four. The following four options are available :-

 Area Posts in Real time

 Area Does not Post
 Area Posts depreciation only
 Area Posts APC Immediately and Depreciation Periodically
Posting in New Asset Accounting in S/4 HANA Finance for Integrated Asset
Acquisition