SAP FI Asset Accounting for Beginners

Learn to create multiple assets at once in SAP FI asset accounting by using the create option and similar assets, setting master data consistently for 3 furniture assets.

Learn to create a purchase order for a fixed asset in SAP FI asset accounting, entering purchasing organization, plant, asset details, then saving and printing.

Post a goods receipt for a fixed asset by recording the receipt against a purchase order, posting to the asset and financial documents, and tracking depreciation.

Learn to post an invoice receipt for fixed assets in SAP FI Asset Accounting, including purchase order flow, invoice verification, simulate and post, and follow-on vendor and asset postings.

Learn how to create and post asset credit memos in SAP FI asset accounting, including adjusting acquisition costs, inventory impact, and depreciation recalculation.

Learn how to create an asset under construction in SAP FI asset accounting, select asset class 4000, and set depreciation areas and depreciation keys in SPRO.

Explore posting an incoming invoice for an asset under construction (AUC) in SAP FI asset accounting, including budget and purchase orders, asset updates, depreciation runs, and asset reports.

maintain distribution rules for an asset under construction, allocate costs to the asset under construction, and settle to a capitalized asset before depreciation.

Master the process to capitalize assets under construction and settle them to fixed assets in SAP FI, covering settlement and allocation profiles, test runs, and posting verification.

Master asset transfers in SAP FI Asset Accounting, choosing between new or existing assets, and align document, posting, and value dates to correctly reflect depreciation.

Learn to transfer assets to the right asset class in SAP FI asset accounting, moving items from furniture and fittings to buildings. Explore scenarios: new asset transfer, existing asset transfer.

Learn how to retire and sell assets in sap fi asset accounting with a customer, including posting retirement, account determination, and recognizing gain or loss based on net book value.

Learn how to record an asset sale without a customer in SAP FI asset accounting, including retirement, revenue, transaction types, and posting to fixed assets.

Learn how to retire an asset by scrapping in SAP FI Asset Accounting, post a loss based on net book value from cost minus accumulated depreciation, and review related documents.

Explore the straight line depreciation in SAP FI asset accounting, including depreciation areas, a five-year period, scrap value, and posting with a reference date.

Learn to configure diminishing balance depreciation in SAP FI asset accounting by creating depreciation rates and assigning them to a depreciation key, then observe how changes affect monthly depreciation calculations.

Learn to check incomplete assets in SAP FI asset accounting before depreciation, using problem analysis (transaction AUV) to filter by asset class or number and identify missing mandatory fields.

Learn how to rerun depreciation in SAP FI asset accounting using repeat run, catch up assets not posted in previous run, and verify depreciation across multiple depreciation areas.

Learn to access asset balances in SAP FI asset accounting using asset explorer and standard reports, and drill down by asset number, class, and business area with the decode feature.

Learn how to review posted depreciation in SAP FI Asset Accounting for fixed assets using the BORSTAR report, depreciation areas, and posting periods, including cost center analysis and layout customization.

Explore how to run and read the depreciation forecast report in SAP FI Asset Accounting, using simulations to project yearly depreciation, accumulated depreciation, and residual value through 2025.

Learn how to perform a fiscal year change in sap fi asset accounting, transfer assets to the new year, run the background job, and identify red flags before ledger closing.

Perform year-end asset closing in sap fi by running the liquid assets periodic processing, selecting the correct company code and fiscal year, and reviewing asset reports and sfp programs.