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ENTERPRISE_EXTENSIONS – EA-FIN
ENTERPRISE_BUSINESS_FUNCTIONS – FIN_AA_PARALLEL_VAL
There is no separate balance carry forward needed in asset accounting, the general balance carry forward transaction of FI (FAGLGVTR)
transfers asset accounting balances by default.
The program Fixed Assets-Fiscal Year Change (RAJAWE00) transaction AJRW is no longer has to be performed at fiscal year change
Planned values are available in real time. Changes to master data and transaction data are constantly included
The most current planned depreciation values will be calculated automatically for the new year after performing the balance carry
forward. The depreciation run posts the pre-calculated planned values.
The Selection screen is simplified as the “reasons for posting run” (planned depreciation run, repeat, restart, unplanned posting run) are
no longer relevant.
Errors with individual assets do not necessarily need to be corrected before period-end closing; period-end closing can still be performed.
You have to make sure that all assets are corrected by the end of the year only so that depreciation can be posted completely.
All APC changes in Asset Accounting are posted to the general ledger in real time. Periodical APC postings are therefore no longer
supported.
Transaction types with restriction to depreciation areas are removed in new Asset Accounting and you can set the obsolete indicator in the
definition of the transaction that were restricted to depreciation areas in the classic asset accounting.
4. Asset Accounting Parallel Valuation
Very Important part of new Asset accounting is parallel valuation in multicurrency environment.
The leading valuation can be recorded in any depreciation area. It is no longer necessary to use depreciation area 01 for this. The system
now posts both the actual values of the leading valuation and the values of parallel valuation in real time. This means the posting of delta
values has been replaced; as a result, the delta depreciation areas are no longer required.
New Asset Accounting makes it possible to post in real time in all valuations (that is, for all accounting principles). You can track the
postings of all valuations, without having to take into account the postings of the leading valuation, as was partly the case in classic Asset
Accounting.
5. Key Configuration Consideration in Ledger Approach
We need to answer some basic question before configuring new asset accounting in S4 Hana environment as this would determine the required minimum
depreciation areas to align the FI with Asset Accounting. i.e.
Ledger & currency setting has to be done in New GL in the following SPRO node.
Financial Accounting (New)–> Financial Accounting Global Settings (New)–> Ledgers–> Ledger –> Define Settings for Ledgers and Currency Types
As explained in previous step here we need to define the currency for each dep area so for example if a company code has 2 ledgers i.e 0L and N1 with 3
currencies then at least 6 depreciation areas should be setup & currencies should be assigned for each depreciation area ( Here leading valuation
depreciation area will derive currency from com code currency)
For the operational part (vendor invoice/GRIR), the system posts a document valid for all accounting principles against the technical clearing
account for integrated asset acquisitions. From a technical perspective, the system generates a ledger-group-independent document.
For each valuating part (asset posting with capitalization of the asset), the system generates a separate document that is valid only for the given
accounting principle. This document is also posted against the technical clearing account for integrated asset acquisitions. From a technical
perspective, the system generates ledger-group-specific documents.
In this case, you do not need to include any posted depreciation or transactions in the transfer of legacy data. You only need to transfer master data and the
cumulative values as of the end of the last closed fiscal year.
Scenario 2: Transfer During the Fiscal Year
Along with the general master data, and the cumulative values from the start of the fiscal year (time period A), you must also transfer the following values.
Depreciation during the transfer year and Transactions during the transfer year
Include the depreciation posted in the legacy system since the end of the last closed fiscal year up to the date of transfer (time period B).
Any asset transactions in your legacy system that have a value date after the transfer date, but before the date of the physical transfer of
data (time period C), need to be posted separately in the Asset Accounting component in any case.
Example of scenario 2 Legacy Data Transfer During the Fiscal year:-
Case: Legacy asset is acquired in previous year 01.01.2015 and taken over into simple finance system in mid-year of current year (30.04.2017)
Specify Transfer Date/Last Closed Fiscal Year (V_T093C_08)
Specify Last Period Posted in Prv. System (Transf. During FY) (OAYC)