Course Content

• Outlining the Asset Accounting Structure and Master Data
  • Explain the functionalities of asset classes
  • Maintaining Asset Accounting Master data
  • Making changes to asset master data
• Posting the Asset Accounting Transactions
  • Posting acquisitions for fixed asset purchases
  • Posting retirements from fixed assets
  • Analyzing and correcting capitalized assets
• Utilizing Assets under Construction (AuC)
  • Understanding the process of assets under construction
  • Maintaining periodic settlement of investment WBS elements
  • Maintaining full settlement of investment WBS elements
• Managing Depreciation
  • Preparing depreciation run
  • Performing depreciation run

Goals

This course will prepare you to:

• Outline the Asset Accounting structure and master data
• Post asset accounting transactions
• Utilize assets under construction (AuC)
• Manage and execute depreciation processes

Target Audience

• Business User

Prerequisites

• Essential: Basic knowledge of financial accounting processes
• Recommended: Familiarity with SAP Financial Accounting