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Updated in [July 25th, 2023]
Uplatz welcomes you to its Asset Accounting in SAP course. Asset Accounting in SAP system (FI-AA) is a subset of Financial Accounting and serves as a subsidiary ledger to the general ledger, providing detailed information on transactions involving fixed assets. It is used for managing, supervising and monitoring fixed assets, and its main purpose is to determine the exact value of the fixed assets owned by the company as on a particular date.
The course is designed to help participants prepare for the SAP Finance and Controlling Certification exam and become successful SAP FI Consultants with mastery over configuration and management of SAP Asset Accounting sub-module within Finance and Controlling.
The course covers topics such as copy reference chart of depreciation, assignment of chart of depreciation to company code, creation of 0% tax codes for sales and purchases, definition of account determination, definition of screen lay out rules, definition of number ranges for asset master, creation of asset classes, integration with General Ledger & Posting rules, defining Depreciation key, definition of multilevel methods, definition of period control methods, creation of main asset master records, creation of sub asset master records, posting the transactions for Acquisition of fixed assets, depreciation run and Asset explorer, sale of fixed assets, transfer of assets, impairment of assets, scrapping of assets, line item Settlement of assets under construction of capital work in progress, and more.
The important components of SAP Asset Accounting are basic functions, special valuations, processing leased assets, preparations for consolidation for group financial statements, and information system. The important configurations in SAP Asset Accounting are how to define charts of depreciation, define tax code on sales and purchases, assign chart of depreciation to company code, specify account determination, create screen layout rules, maintain asset number range intervals, define asset classes, and determine.
Course Syllabus
Introduction to Asset Accounting
Creating and Assigning GL Accounts
Depreciation in Asset Accounting
Asset Sale with and without Customer
Asset Impairment