CONFIGURATION STEPS IN ASSET ACCOUNTING

Step 1 – COPY CHART OF DEPECIATION

EC08 – IMG>Financial Accounting > Asset Accounting > FI-AA Implementation Guide (Simplified Version) > Organizational Structures and Master Data > Copy reference chart of depreciation/depreciation area

*Step 2 – ASSIGN COMPANY CODE TO CHART OF DEPRECIATION*

OAOB – IMG > Financial Accounting > Asset Accounting > FI-AA Implementation Guide (Simplified Version) > Organizational Structures and Master Data > Assign chart of depreciation to company code

*Step 3 – ASSIGN FINANCIAL STATEMENT VERSION TO EVERY DEPRECIATION AREA*

OAYN – IMG >Financial Accounting > Asset Accounting > FI-AA Implementation Guide (Simplified Version) > Organizational Structures and Master Data > Specify statemement version for asset reports

*Step 4 – IDENTIFY YOUR ASSET CLASSES*

*Step 5 – IDENTIFY YOUR ACCOUNT DETERMINATION & SCREEN LAYOUT FOR YOUR ASSET CLASSES*

SPRO – IMG > Financial Accounting > Asset Accounting > FI-AA Implementation Guide (Simplified Version) > Organizational Structures and Master Data > Asset Classes > Specify required entries for asset master data

*Step 6 – IDENTIFY YOUR GL ACCOUNTS FOR YOUR ASSET CLASSES*

*Step 7 -  DEFINE YOUR NUMBER RANGE*

AS08 – IMG > Financial Accounting > Asset Accounting > Organizational Structures > Asset Classes > Define number range interval

*Step 8 -  DETERMINE DEPRECIATION AREAS IN ASSET CLASSES AND SCREEN LAYOUT*

A021 – IMG > Financial Accounting > Asset Accounting > Master Data > Screen Layout > Define screen layout for asset depreciation areas

OAYZ – IMG > Financial Accounting > Asset Accounting > Valuation > Determine depreciation areas in the asset class

*Step 9 – GENERATE ASSET CLASSES FROM GL ACCOUNTS*

ANKL – IMG – Financial Accounting > Asset Accounting > FI-AA Implementation Guide (Simplified Version) > Organizational Structures and Master Data > Asset Classes > Generate Asset Classes from G/L Accounts

*Step 10 – COMPLETE DATA FOR ASSET CLASSES SETTING REQUIRED ENTRY FIELDS*

SPRO – IMG > Financial Accounting > Asset Accounting > FI-AA Implementation Guide (Simplified Version) > Organization Structures and Master Data > Asset Classes > Specify requires entries for asset master data

OAYZ – IMG > Financial Accounting > asset Accounting > FI-AA Implementation Guide (Simplified Version) Organizational Structures and Master Data > Asset Classes > Enter default values in asset classes

AO90 – IMG > Financial Accounting > Asset Accounting > FI-AA Implementation Guide (Simplified Version) > Organizational Structures and Master Data > Assign additional G/L accounts for transactions/depreciation

*Step 11 – SETTING UP SPECIAL ASSET CLASSES*

OAYK – IMG > Financial Accounting > Asset Accounting > Valuation > Specify max amount for LVA + asset classes > Specify amount for low value assets

OAY2 – IMG > Financial Accounting > Asset Accounting > Valuation > Specify max amount for LVA + asset classes > Specify LVA asset classes

*Step 12 – SPECIFY INTERVALS AND POSTING RULE*

OAYR – IMG > Financial Accounting > Asset Accounting > FI-AA Implementation Guide (Simplified Version) > Organizational Structures and Master Data > Specify intervals and posting rules