ASSET ACCOUNTING

S4 HANA Configuration

1) Copy Chart of Depreciation EC08

Please note that below steps to be performed on accounting principles settings (for 60
accounting principle as per depreciation area assignment and this should be assigned to co.
code as well)

Define Accounting Principles

Assign Accounting Principle to Ledger Groups

Define Settings for Ledgers and company code

2) Assign 0% Tax to Non Taxable Accounts OBCL

3) Assign Chart of Depreciation to Comp. Codes OAOB
4) Specify the Account Determination
5) Screen Layout Rules
6) Define Number Range Intervals AS08
7) Define Asset Classes OAOA
8) Create G/L Accounts for Asset Accounting FS00

a) Vehicles [Assets]
b) Accumulation dep for Vehicles [Liabilities]
c) Technical clearing account [Liabilities] with recon. Assets
d) Asset Sales Account [Income]
e) Profit Sale of Assets [Income]
f) Loss Sale of Assets [Expenses]
g) Loss due to scrap [Expenses]
h) Depreciation Account [Expenses]
10. Assignment of G/L Accounts for account determination AO90
11. Define Technical Clearing Account for Integrated Asset Acquisition

12. Determine Depreciation to Asset Classes OAYZ

13. Define multi-level methods AFAMS

a) WDV
b) STE

14. Maintain Period Control Method AFAMP

15. Define Depreciation Key AFAMA
16. Generate period control rules for Fiscal year OA84

Generate for our own fiscal year which is assigned for Company Code(OBY6)

17. Define Screen Layout for Asset Master Data

18. Define Screen Layout for Asset Depreciation Area AO21
19. Define Settings for Company Code FAA_CMP
20. Activate New Asset Accounting (New Customers)
21. Define number Ranges for Depreciation (AF doc type) OBA7
22. Create Asset Master Data AS01
23. Asset Purchases F-90
24. Asset Explore AW01N
25. Depreciation Run AFAB
26. Sale of fixed Asset F-92
27. Transfer of Asset ABUMN
28. Asset Scrapping ABAVN

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