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    New Asset Accounting Introduction

    Uploaded by

    Casimiro Hernandez
    asset sap

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    New Asset Accounting Introduction

    Uploaded by

    Casimiro Hernandez
    163 views7 pages
    asset sap

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

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    asset sap

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    163 views7 pages

    New Asset Accounting Introduction

    Uploaded by

    Casimiro Hernandez
    asset sap

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 7

    New Asset Accounting

    [email protected]

    New Asset Accounting at a glance

    Only one depreciation area per accounting principle; no more use


    of delta depreciation area

    Real time postings per accounting principle

    New transactions for accounting-principle specific documents

    Post values correct from the beginning, using multiple parallel


    documents no corrections at period end closing necessary
    anymore. Period end closing transaction ASKB becomes obsolete!

    As well available without HANA or Simple Finance in on premise


    installations as per ERP 6.0 enhancement pack 7

    Obligatory in Simple Finance

    EA-FIN obligatory as well

    2014 SAP AG or an SAP affiliate company. All rights reserved.

    Public

    Overview of the new architecture

    2014 SAP AG or an SAP affiliate company. All rights reserved.

    Public

    Example: Integrated with different amounts per


    Accounting Principle
    AP Reconcilation

    Tech.Clear.Acc.Acqu.

    1) 10.200

    1) 10.200 2a) 10.200

    Asset Reconcilation.

    Freight expenses

    2a) 10.200

    LGAAP

    Asset Reconcilation
    1) 10.200

    1) 10.200 2b) 10.200

    IFRS

    2b) 10.200 3)

    200

    3) 200

    Transaction vendor invoice


    1) Technical Clearing Account Acquisition to Vendor ledger group and accounting principles Blank
    2a) Asset to Technical Clearing Account Acquisition ledger group and accounting principle IFRS
    2b) Asset to Technical Clearing Account Acquisition ledger group and accounting principles LGAAP

    Transaction correction freight cost


    3) Freight expenses to Asset ledger group LGAAP

    2014 SAP AG or an SAP affiliate company. All rights reserved.

    Public

    Example: integrated acquisition where different amounts


    have to be capitalized per accounting principle

    2014 SAP AG or an SAP affiliate company. All rights reserved.

    Public

    Example: assets not activated for all accounting


    principles
    Due to the necessity to balance the technical clearing account, for each
    accounting principle a separate document has to be posted
    If an accounting principle is not represented on the asset by an area which
    posts APC online to GL, the posting will be re-directed to Account for nonoperating expenses

    2014 SAP AG or an SAP affiliate company. All rights reserved.

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    Additional Information on Posting

    The technical account always balances to zero.

    The operational entry document will be posted by the entered document type,
    the rest can be posted under a different document type (for example AA)

    Accounting Principle specific documents will always be created

    Using different reconciliation account per accounting principle is possible

    Technical clearing account will be always posted, even if a certain accounting


    principle is not represented on the asset*.

    *There is a small difference between ledger and account solution. The account Contra account:
    Acquisition value posting assigned in the account determination will be posted to instead of the Technical
    Clearing Account for secondary depreciation areas in the accounts approach.

    2014 SAP AG or an SAP affiliate company. All rights reserved.

    Public

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