1. This document provides configuration steps for SAP Asset Accounting Capital Lease functionality including enabling interest calculation, assigning accounts, setting post interest flags, and activating the LEAS depreciation key.
2. It describes setting up asset classes including copying an existing class to a lease class, updating screen layouts and depreciation areas, and assigning the LEAS depreciation key.
3. However, the conclusion notes that the functionality is limited, allowing only one fixed payment amount across the lease life and fixed principal vs interest components, but it does automate payments to the vendor and record depreciation/amortization and interest within the ERP system.
1. This document provides configuration steps for SAP Asset Accounting Capital Lease functionality including enabling interest calculation, assigning accounts, setting post interest flags, and activating the LEAS depreciation key.
2. It describes setting up asset classes including copying an existing class to a lease class, updating screen layouts and depreciation areas, and assigning the LEAS depreciation key.
3. However, the conclusion notes that the functionality is limited, allowing only one fixed payment amount across the lease life and fixed principal vs interest components, but it does automate payments to the vendor and record depreciation/amortization and interest within the ERP system.
1. This document provides configuration steps for SAP Asset Accounting Capital Lease functionality including enabling interest calculation, assigning accounts, setting post interest flags, and activating the LEAS depreciation key.
2. It describes setting up asset classes including copying an existing class to a lease class, updating screen layouts and depreciation areas, and assigning the LEAS depreciation key.
3. However, the conclusion notes that the functionality is limited, allowing only one fixed payment amount across the lease life and fixed principal vs interest components, but it does automate payments to the vendor and record depreciation/amortization and interest within the ERP system.
Configuration of SAP Asset Accounting Capital Lease
This is configuration for 4.6c functionality.
Steps General 1. Enable Interest Calculation in depreciation area (Transaction code OABZ) 2. Assign accounts for Interest calculation (Transaction code AO98) 3. Set Post Interest Flag (Transaction code OAYR) 4. Activate LEAS depreciation key (Transaction code AFAMA) Asset Class 1. Set Up Screen Layouts 2. SPRO - FI - Asset Accounting - Master Data - Screen Layout - Define Screen Layout for Master Data 3. This step enables the use of field selection other than your existing asset classes optional 4. Copy Existing Asset Class to Lease Class 5. SPRO - FI - Asset Accounting - Organizational Structures - Asset Classes - Define Asset Classes 6. Copy and update Screen Layout 7. Update Depreciation Areas transaction code OAYZ 8. Drill down into new asset class, then change default depreciation key to LEAS 9. If default depreciation key is not available, go to depreciation screen layout transaction code AO21 10. Drill down into screen layout seen in previous step 11. On FG 01 line, check 'Class'. Return to OAYZ to assign key. Examples asset transfer abumn Conclusion The functionality in 4.6c is quite good, but limited. You can only enter one payment amount, which is fixed across the life of the lease. Also, the calculation (based on the current book value) of the principal vs. interest components of the monthly payment is fixed, and the reporting is limited. However, it does set up the payments in AP automatically for the vendor. This enables payments to go out as part of the monthly check run without manual intervention each month, so can be a big time-saver. It also gets the depreciation/amortization and interest on the books within the ERP system, which was a big plus for my company.