AC305 – Asset Accounting

AC305 Asset Accounting

Contents

Course Overview

Unit 1: Organizational Structures

  • Lesson: Assigning a Chart of Accounts and a Chart of Depreciation to a Company Code
  • Lesson: Assigning Management Accounting Objects to Fixed Assets
  • Lesson: Defining How Depreciation Areas Post to the General Ledger (G/L)
  • Lesson: Understanding the Importance of Asset Classes in Fixed Assets

Unit 2: Master Data

  • Lesson: Explaining the Components of an Asset Class
  • Lesson: Creating and Changing Master Data in Asset Accounting
  • Lesson: Carrying Out Mass Changes to Asset Master Data Using a Worklist

Unit 3: Asset Transactions

  • Lesson: Creating Acquisitions
  • Lesson: Posting Asset Acquisitions with the Profit Center and Segment Characteristics
  • Lesson: Posting Non-Integrated Asset Acquisitions and Understanding the Integration with Materials Management (MM)
  • Lesson: Posting Integrated and Non-Integrated Asset Retirements
  • Lesson: Performing Transfers Within Company Code and Intercompany Asset Transfers
  • Lesson: Representing, Distributing, and Settling Assets Under Construction
  • Lesson: Entering and Analyzing Unplanned Depreciation

Unit 4: Periodic Processing and Valuation

  • Lesson: Defining Depreciation Areas, Keys, Calculation, and Posting
  • Lesson: Executing Programs for Fiscal Year Change and Year-End Closing in Asset Accounting
  • Lesson: Using the Accounts Approach for Parallel Accounting in Asset Accounting (FI-AA)
  • Lesson: Processing Impairment Postings in Subledger Assets

Unit 5: Information System

  • Lesson: Executing Various Asset Accounting Reports Using SAP List Viewer and Sort Variants
  • Lesson: Executing Depreciation and Transaction Simulation
  • Lesson: Understanding the Layout of an Asset History Sheet

Unit 6: Legacy Data Transfer

  • Lesson: Entering Legacy Data Manually
  • Lesson: Executing Subsequent Work After Legacy Data Transfer
  • Lesson: Drafting an Automatic Legacy Data Transfer

Course Overview

TARGET AUDIENCE

This course is intended for the following audiences:

  • Application Consultant
  • Project Manager
  • IT Support
  • Super / Key / Power User

 

Unit 1 Organizational Structures

Lesson 1: Assigning a Chart of Accounts and a Chart of Depreciation to a Company Code

Lesson Objectives

After completing this lesson, you will be able to:

  • Name and differentiate important organizational units
  • Assign a chart of depreciation to a company code

Lesson 2: Assigning Management Accounting Objects to Fixed Assets

Lesson Objectives

After completing this lesson, you will be able to:

  • Outline how FI-AA is integrated with Management Accounting

Lesson 3: Defining How Depreciation Areas Post to the General Ledger (G/L)

Lesson Objectives

After completing this lesson, you will be able to:

  • Define which depreciation areas post which values to the G/L
  • Assign the financial statement version for asset reports

Lesson 4: Understanding the Importance of Asset Classes in Fixed Assets

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand the importance of the asset classes in fixed assets

 

Unit 2 Master Data

Lesson 1: Explaining the Components of an Asset Class

Lesson Objectives

After completing this lesson, you will be able to:

  • Assign an account determination key to an asset class
  • Assign number range intervals to an asset class
  • Explain the screen layout of asset master data
  • Explain the screen layout for asset depreciation areas
  • Copy asset classes from reference
  • Understand special asset classes like AuC and LVA

Lesson 2: Creating and Changing Master Data in Asset Accounting

Lesson Objectives

After completing this lesson, you will be able to:

  • Create master data in FI-AA
  • Change master data in FI-AA
  • Assign asset and equipment master records

Lesson 3: Carrying Out Mass Changes to Asset Master Data Using a Worklist

Lesson Objectives

After completing this lesson, you will be able to:

  • Carry out mass changes to asset master data using a worklist

 

Unit 3 Asset Transactions

Lesson 1: Creating Acquisitions

Lesson Objectives

After completing this lesson, you will be able to:

  • Enter transactions in the system and analyze them using the Asset Explorer

Lesson 2: Posting Asset Acquisitions with the Profit Center and Segment Characteristics

Lesson Objectives

After completing this lesson, you will be able to:

  • Identify the impact of activating segment reporting within Customizing for Asset Accounting
  • Create assets and post asset acquisitions with the profit center and segment characteristics
  • Derive the profit center and segment for fixed assets that are already activated

Lesson 3: Posting Non-Integrated Asset Acquisitions and Understanding the Integration with Materials Management (MM)

Lesson Objectives

After completing this lesson, you will be able to:

  • Post asset acquisitions with a clearing account and explain how asset acquisitions are integrated with Materials Management (MM)

Lesson 4: Posting Integrated and Non-Integrated Asset Retirements

Lesson Objectives

After completing this lesson, you will be able to:

  • Enter integrated and non-integrated asset retirements

Lesson 5: Performing Transfers Within Company Code and Intercompany Asset Transfers

Lesson Objectives

After completing this lesson, you will be able to:

  • Process intracompany and intercompany asset transfers

Lesson 6: Representing, Distributing, and Settling Assets Under Construction

Lesson Objectives

After completing this lesson, you will be able to:

  • Represent, distribute, and settle assets under construction

Lesson 7: Entering and Analyzing Unplanned Depreciation

Lesson Objectives

After completing this lesson, you will be able to:

  • Enter and analyze unplanned depreciation

 

Unit 4 Periodic Processing and Valuation

Lesson 1: Defining Depreciation Areas, Keys, Calculation, and Posting

Lesson Objectives

After completing this lesson, you will be able to:

  • Analyze and configure depreciation areas
  • Describe and understand the structure of a depreciation key and how it works
  • Understand the new calculation of depreciation amounts and describe the options for time- dependent depreciation terms
  • Define interest and use index series to index the acquisition value and calculate a replacement value
  • Post depreciation and analyze depreciation values

Lesson 2: Executing Programs for Fiscal Year Change and Year-End Closing in Asset Accounting

Lesson Objectives

After completing this lesson, you will be able to:

  • Execute programs for fiscal year change and year-end closing in FI-AA

Lesson 3: Using the Accounts Approach for Parallel Accounting in Asset Accounting (FI-AA)

Lesson Objectives

After completing this lesson, you will be able to:

  • Name and explain the possibilities for mapping parallel accounting and create and control a new depreciation area in FI-AA.

Lesson 4: Processing Impairment Postings in Subledger Assets

Lesson Objectives

After completing this lesson, you will be able to:

  • Explain how impairment postings are processed in the subledger FI-AA

 

Unit 5 Information System

Lesson 1: Executing Various Asset Accounting Reports Using SAP List Viewer and Sort Variants

Lesson Objectives

After completing this lesson, you will be able to:

  • Execute various FI-AA reports and set up variable sorting and totaling for asset reporting

Lesson 2: Executing Depreciation and Transaction Simulation

Lesson Objectives

After completing this lesson, you will be able to:

  • Generate a depreciation and transaction forecast for an asset from the Asset Explorer and generate a depreciation forecast for various assets using program RASIMU02

Lesson 3: Understanding the Layout of an Asset History Sheet

Lesson Objectives

After completing this lesson, you will be able to:

  • Execute the asset history sheet, analyze the layout of an asset history sheet, and configure your own asset history sheet, if necessary

 

Unit 6 Legacy Data Transfer

Lesson 1: Entering Legacy Data Manually

Lesson Objectives

After completing this lesson, you will be able to:

  • Enter legacy data manually

Lesson 2: Executing Subsequent Work After Legacy Data Transfer

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand when, how, and why reconciliation with Financial Accounting (FI) is required

Lesson 3: Drafting an Automatic Legacy Data Transfer

Lesson Objectives

After completing this lesson, you will be able to:

  • Draft an automatic legacy data transfer

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