ASSET ACCOUNTING

Chart of depreciation:
It is the highest level of the organization which is responsible
for all depreciation calculations.
The SAP predefined chart of depreciation is 0DE.

SPR—IMG—financial accounting—Asset accounting—organization structure—

Copy reference chart of depreciation.
EC08

Double click on copy reference chart of depreciation

Select copy as button-F6
From chart of dep: 0DE
To chart of dep: 6655
Press enter
Save

Come back one step-F3 OADB

Double click on copy delete depreciation areas
Block all the depreciation areas except of 01—Book dep
Click on delete
Press enter
Save

Assign company code to chart of depreciation:

Same menu path OAOB

Select position button

Company code: 6655
Press enter
Company code Chart of depreciation
6655 6655
Save

Define account determination

SPR—IMG—financial accounting—Asset accounting—organization structure—asset

classes—specify account determination
Select new entries-F5
Account determination Name
6655veh Vehicles

Save

Create screen lay out rules:

Same menu path
Block the predefined screen layout select copy as
Change the predefined to our desired
Press enter
Save
Define number range interval:
Same menu path
Transaction code: AS08
Company code: 6655
Click on 3rd interval
Select insert interval (shift+F1)

No From.No To.No
01 1 100
Press enter
Save
Define asset classes
Same menu path
Transaction code: OAOA
Select new entries
Asset class: 6655veh Vehicles for 6655
Account determination: 6655veh
Screen lay out: 65VE
Number range: 01
Include asset: Activate
Save
Create a general ledger accounts for Asset accounts
Transaction code: FS00
1. Vehicles Reconciliation
2. Sale of asset profit and loss
3. Profit on asset sale
4. Loss on asset sale
5. Scrap on asset sale
6. Depreciation
7. Accumulated depreciation Reconciliation
Integration with the General ledger
SPro—IMG—financial accounting—asset accounting—Integration with the general
ledger—assign GL accounts
Transaction code: AO90

Block the chart of depreciation

Double click on account determination under dialog structure
Block our account determination
Double click on balance sheet account
Acquisition and production cost: 203—Vehicles
Loss made on asset retirement with out revenue: 61—Scrap on asset sale
Clearing account revenue from asset: 58—Sale of asset
Gain from asset: 59—profit on asset sale
Loss From asset: 60—Loss on asset sale

Double click on depreciation

Acc dep for ordinary depreciation: 204—Accumilated depreciation
Expense acc for ordinary depreciation: 62—Depreciation
Save
 Depreciation
Define base method:
Spro—img—financial accounting—asset accounting—depreciation—
valuation methods—depreciation key—calculation methods—Define base method

Select new entries

Base method: 6655 Base method for 6655
Type of depreciation: Ordinary depreciation
Depreciation method: Stated percentage
Save

Declaiming balance method

Same menu path

Select new entries

Declaining balance method: 665
Save

Define multi level method:

Same menu path
T.code: AFAMS
Select new entries
Multi level method: 6A Straight line level
Validity starts: From ordinary depreciation start date
Save

Double click on levels under dialog structure

Select new entries
Acquisition Year base value Percentage
2011 10 01—Acq value 10
Save
Note: The same procedure for an other also but the base value is 24—Net book value

Maintain period control method:

Same menu path
Select new entries
Period control method: 6655
Save
Maintain depreciation key:
Spro—img—financial accounting—asset accounting—depreciation—
valuation methods—depreciation key—maintain depreciation key
Transaction code: AFAMA
Select new entries
Dep key: 65A Straight line method
Save
Double click on assignment of calculation methods under dialog structure
Select new entries
Dep type: ordinary depreciation
Phase: From start of the depreciation
Enter all the depreciation methods
Save
Note: The same procedure for another key also
Block the depreciation keys
Select activate button—CTRL+F3

Creation of a asset master

From easy access screen—accounting—financial accounting—fixed asset—create—
asset
Transaction code: AS01
Asset class: 6655veh
Company code: 6655
Press enter
Enter the asset details
Save
Asset purchase
From easy access screen—accounting—financial accounting—fixed
asset—posting—external acquisition—with vendor
Transaction cod: F-90

31—Vendor Credit 100000

70—Asset debit 100000
Transaction type: 100—External asset acquisition

Asset explorer

From easy access screen—accounting—financial accounting—fixed asset—Asset

explorer
Transaction code: AW01N