For an entirely new asset that was omitted to be booked in earlier fiscal years a new asset master data has to be created with the “Post Capitalization” checkbox enabled and the capitalization date maintained. With the acquisition of CallidusCloud, SAP is well positioned to continue meeting the needs of modern sales teams as they evolve – well beyond core sales force automation. The offsetting entry is posted automatically. Put the transaction type as Z81, press Enter. Display Asset Master Record (old) AT11 . In this way the Fixed Asset Register is updated with the correct present net book value of the Fixed Asset i.e. Open the relevant Source Document hyperlink. What you can do with Asset Accounting in SAP FICO. b) The Accumulated Depreciation GL Account with the accumulated depreciation amount for 2016 and 2017 i.e. 1. Create a new asset master record (see Create Asset) and/or a new vendor master record, if needed. Go to the Fixed Assets subview. Correction Asset Acquisition value in specific GAAP. The screenshot for the same is below. For an entirely new asset that was omitted to be booked in earlier fiscal years a new asset master data has to be created with the “Post Capitalization” checkbox enabled and the capitalization date maintained. The following perquisites need to be met before we can book the post capitalization amount: Now the capitalization amount can be posted onto this newly created asset master through the Fiori app “Post Post-capitalization”. Asset accounting is a separate sub module in sap which comes under main module SAP FI. The depreciation start date of each depreciation area will also be determined and updated in the depreciation area data tab page. Simulation of asset posting . Create Asset Master Record (old) AT02 . 95000*2 = 190000 USD. The same way, when I posted amount using ABZON the 1L ledger received amount on the account set up on AO90 . (760000-190000) = 570000 USD. Periodic Asset Postings . There may be a variety of business reasons for this like asset valuation not finalized etc. For each & every asset, asset master is created in sub module which captures information related to the asset. The reversal Journal Entry Voucher is posted. Posting for new Asset Accounting is only possible again after you have completed the migration fully and successfully. There are some scenarios where it is necessary to allow the system to post negative acquisition in the asset. The challenge now is to incorporate the APC value that was missed into the current fiscal period along with the accumulated depreciation component for that asset so that the Net Book value is correctly reflected in the Fixed Asset register. ... that you make sure that the prerequisites are met and a complete period-end closing was performed before you install SAP Simple Finance. "SAVE" transaction ABZON to post the value to the asset. If you select the variant and click on Business transaction. I ran into this issue and had not known about post post capitalization. Here you have a standard variant for determining default asset value date. you might have entered the wrong amount or used an incorrect asset etc. Purpose. The document type determines how the acquisition is posted. Create Group Asset (old) AT22 . Now, click Save. Select the respective Fixed Asset. This E-Bite was originally published as Chapters 12, 13, and 14 in the previous edition of Financial Accounting in SAP: Business User Guide. To post an integrated asset acquisition, proceed as follows: Determine the asset and the vendor account. Choose Posting → Acquisition → External Acquisition → With Vendor. Periodic APC Posting Run . SAP Asset Accounting is also called as sub ledger accounting, it is one of the important sub-module of SAP Financial Accounting (SAP FICO) module. Go to the Fixed Assets work center. The Post post-capitalization functionality is a very useful application that enables fixed asset accountants to update correct net book value of fixed assets and account for costs relating to earlier years which have been missed out due to some business reason. Share a link to this. Click on the Reverse button. Is there a configuration that I should take in account that I need to validate? Hi All, as you know that the last post was my first tutorial on asset accounting. It is set as posts Real time. Depreciation Area 2 posts on Non-Leading Ledger (1L). It often happens that business has omitted to book APC values of Fixed Assets in past fiscal years. Click Edit. Find the Acquisition posting you want to reverse. By design the accounting generated from ABZON for 0L will have postings to both the ledgers. SAP Asset Transaction Codes: AS91 — Create Old Asset, AS01 — Create Asset Master Record, AW01N — Asset Explorer, AS02 — Change Asset Master Record, ABT1N — Intercompany Asset Transfer, AS03 — Display Asset Master Record, and more. There is no amount posting in Depreciation Area 1. To post an integrated asset acquisition, proceed as follows: Determine the asset and the vendor account. As a result of the integration in the R/3 System, Asset Accounting (FI-AA) transfers data directly to and from other R/3 components. Here you have to chose the ledger which you want to post and use the custom transaction type which you have created for specific dep.area. Details of this functionality can be found in the Scope Item J62 – Asset Accounting. The asset acquisition is posted after the receipt of the invoice. Some of these scenarios are described in the SAP notes 459688, 19048, 141656 and 1521151.. Overview As05- Block an asset– This tcode is used to block an asset to prevent further acquisitions to this asset. Go to the Fixed Assets view. View the full list of TCodes for Asset. I have one need requested by user that I would like to request your help. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. An asset accounting document will be generated. For cost additions required to be made to existing asset from an earlier fiscal year a sub asset master with identical parameters mentioned above may be created under the main asset master. If the Fixed asset has already been capitalized then the supplier invoice/ GSR can only be posted on or after the latest acquisition posting date of the fixed asset: 1. When an asset is purchased or produced in-house, you can directly post the invoice receipt or goods receipt, or the withdrawal from the warehouse, to assets … I'm finalizing the tests but now I believe that it has been caused by New GL features. Vendor (Accounts payable) Posting date of the document will be copied into the asset master as the capitalization date. To acquire an asset go to navigation: SAP Easy Access -> SAP Menu -> Accounting -> Financial accounting -> Fixed Asset -> Posting -> Acquisition -> External Acquisition -> Acquis. For example, do not enter any ledger group for postings occurring as part of the online integration with CO. In the Values tab of the fixed asset go to the Journal sub-tab. Besides this, you can also do some other actions. The below Accounting document gets posted: a) The APC Fixed Asset GL Account with the full APC cost of 760000 USD. 95000*2 = 190000 USD. For example, it is possible to post from the Materials Management (MM) component directly to FI-AA. Learn to create an asset, and master value adjustments, depreciation, and the validation of asset posting logic. However, in December 2018, it realizes that it omitted to enter one of their Assets having APC Value of 760000 USD as a legacy asset. Know someone who can answer? w/Autom. On the asset module side it works. Depreciation Area 1 posts on Leading Ledger (0L). Enter the quantity and the unit of measure for the asset. In S4 HANA cloud the Fiori App “Post Post-capitalization” enables subsequent additions/corrections to Acquisition and Production Cost (APC) of fixed assets. I showed you how you can create a new fixed asset in SAP using AS01. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. To create a manual Acquisition via Journal Entry Voucher. Change Group Asset (old) AT23 . Directly post the goods or invoice receipt from MM or PP to FI-AA; Post asset sales from FI-AA to a customer account using FI-1R; It has a depreciation key without any depreciation set up. Press Simulate/Post. Thank you for documenting this - very helpful! Asset is tracked in asset sub module and corresponding financial impact is recorded in finance module. For this example, the following parameters should be entered: Posting date should be in the current month/period as we cannot post to previous months which are now closed due to financial statements having been finalized. Asset Acquisition: F-90 - With Vendor Dr. I have created an asset using this class and before save I deactivated the Depreciation Area 2. 1) I've created a custom Transaction Type (TTY) 'Z15' by copying standard TTY '150' but marked as 'credit' posting so that it knocks off the acquisition posting happened in … 3. The user wants to create an asset in such way that when she post amount on this asset (ABZON) only the 0L ledger be posted. The asset acquisition comes before the receipt of the invoice. Simulate and post . Open the Journal tab. This ensures accurate and up-to-date maintenance of the Fixed Asset register. 2. Accounting→Financial Accounting→Fixed assets→Posting→Acquisition→External Acquisition→Without Vendor. 2. Great!! Define the Document Date and the Posting Date; In the Relating To field select 1 - Current Year. Choose Posting → Acquisition → External Acquisition → With Vendor . This includes initial and subsequent acquisition, retirement, transfer and scrapping. If you are acquiring an asset from a vendor then use transaction code F-90 or following path; Sap Menu > Accounting > Financial Accounting > Fixed Assets > Posting > Acquisition > External Acquisition > F-90 - With Vendor Select Values. Understand the fixed asset lifecycle and asset acquisition. 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