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Customer Ledger Z Report

This document discusses organizational structures in SAP asset accounting, including charts of depreciation, asset classes, and integrating asset accounting with the general ledger. It provides steps for copying reference charts of depreciation, specifying parallel currencies, assigning charts of depreciation to company codes, defining asset classes, and configuring how depreciation areas post to the general ledger. Key aspects covered include account determination, screen layout rules, number ranges for asset classes, and assigning general ledger accounts for integration.

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Hridya Prasad
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© © All Rights Reserved
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Download as DOCX, PDF, TXT or read online on Scribd
50 views

Customer Ledger Z Report

This document discusses organizational structures in SAP asset accounting, including charts of depreciation, asset classes, and integrating asset accounting with the general ledger. It provides steps for copying reference charts of depreciation, specifying parallel currencies, assigning charts of depreciation to company codes, defining asset classes, and configuring how depreciation areas post to the general ledger. Key aspects covered include account determination, screen layout rules, number ranges for asset classes, and assigning general ledger accounts for integration.

Uploaded by

Hridya Prasad
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Organizational Structures

IMG ➤ Financial Accounting (New) ➤ Asset Accounting ➤ Organizational Structures ➤ Check Country-Specific
Settings.

Copying Reference Chart of Depreciation/Depreciation Areas


IMG: Financial Accounting (New) ➤ Asset Accounting ➤ Organizational Structures ➤ Copy Reference Chart of
Depreciation/Deprecation Areas.
Specifying the Use of Parallel Currencies
IMG: Financial Accounting (New) ➤ Asset Accounting ➤ Valuation ➤ Currencies ➤ Specify
the Use of Parallel Currencies.

Assigning the Chart of Depreciation to a Company Code


IMG: Financial Accounting (New) ➤ Asset Accounting ➤ Organizational Structures ➤ Assign Chart of Depreciation to
Company Code.

Asset Classes
Assets are structured systematically into groups often referred to as asset classes. For example, assets
with similar characteristics are classified in the same asset class such as machinery, furniture and fittings,
motor vehicles, land and buildings, etc. You can define several asset classes in the system. Like charts of
depreciation, asset classes are created at the client level. This makes asset classes available to all company
codes. Each asset class usually has master data and depreciation area sections. Master data is data about the
asset class held in the system database that remains relatively unchanged over a period of time. It contains
information that needs to be used over and over, over a period of time, the same way.
In asset class customizing, we will be looking at the following control parameters:
Account determination
Screen layout rules
Number ranges

IMG: Financial Accounting (New) ➤ Asset Accounting ➤Organizational Structures ➤ Asset Classes ➤ Specify
Account Determination

Creating Screen Layout Rules


IMG: Financial
Accounting (New) ➤ Asset Accounting ➤ Organizational Structures ➤ Asset Classes ➤ Create Screen Layout
Rules.
Defining the Number Range Interval
To define number range intervals for your company code, use the menu path:
IMG: Financial Accounting (New) ➤ Asset Accounting ➤ Organizational Structures ➤ Asset Classes ➤ Define
Number Range Interval.
Defining the Asset Classes
Assets are structured into classes in Asset Accounting (FI-AA) for efficient asset portfolio management and for asset
reporting purposes. You assign assets to the appropriate asset class. Therefore, asset classes are avital aspect of asset
accounting.
Asset classes are an important aspect of Asset Accounting in FI-AA. It allows assets to be structured in a systematic manner
by assigning assets to the appropriate asset classes. The benefit of asset classes is that they allow efficient management of
your asset portfolio and asset reporting purposes. You can assign multiple assets to an asset class, as depicted in Figure 1-14.
On the other hand, it is not possible to assign an asset to more than one asset class.

The importance of asset classes:


Correct assignment of assets and related business transactions to appropriate GL
accounts.
Clearer asset distinctions are made at the asset class levels rather than in GL
accounts.
It allows default values to be assigned when creating assets.
It allows adequate asset grouping for reporting purposes.
In this activity, you will define the following asset classes:
Land—Freehold
Building—Factory
Plant & Machinery
Office Equipment
Fixtures & Fittings
Vehicle—Carriage
Low Value Assets
Assets under Construction
To define the asset classes for your asset accounting, use the menu path: IMG:
Financial Accounting (New) ➤ Asset Accounting ➤ Organizational Structures ➤Asset Classes ➤ Define Asset
classes.
Clicking on new entry we can define the assets class

Integrating Asset Accounting with the General Ledger (FI-GL)


This chapter looks at the steps involved in the integration of asset accounting with the general ledger and
also explains the various steps involved in the integration of asset accounting with the general ledger. You
will learn how to:
Define how depreciation areas post to the general ledger
Assign G/L accounts
Specify posting key for asset posting
Change the field status variant of the asset G/L accounts
Assign the input tax indicator for non-taxable acquisitions
Specify financial statement versions for asset reports
Post depreciations to the general ledger
Specify document type for periodic posting of asset balance sheet values

Defining How Depreciation Areas Post to the


General Ledger in FI
Technically, the setting you carry out in this step will allow you to determine how depreciation areas are posted in the
general ledger. A list of standard options regarding depreciation areas are posted in general ledger are supplied by SAP in
Post to G/L accounts. For example:
0- Area does not post
1- Area posts in real time
2- Area posts APC and depreciation on specific basis
3- Area posts depreciation only
4- Area posts APC directly and depreciation
5- Area posts APC only
6- Area posts only APC directly
To get to the screen where you perform these specifications, use this menu path:
IMG: Financial Accounting (New) ➤ Asset Accounting ➤ Integration with the General Ledger ➤ Define How
Depreciation Areas Post to General Ledger.
Assigning G/L Accounts
path: IMG: Financial Accounting (New) ➤ Asset Accounting ➤ Integration with the General Ledger ➤ Assign G/L
Accounts
First select chart of depreciation and double click on account determination

Below screen will display


Now select any account determination account and click on balance sheet

Now double click on balance sheet and assign the g/l as given below
Similarly we can assign the G/L

Specifying the Posting Key for Asset Posting


Posting key is defined using two characters. In order for the system to be able to carry out automatic posting when posting
fixed asset accounts, the specification of posting key for asset posting must be in place. SAP comes with standard posting
keys in the system. For example:
G/L account posting from asset posting: Debit 40 and Credit 50
Asset posting: Debit 70 and Credit 75
To check the standard posting keys for asset posting, use this menu path: IMG:
Financial Accounting (New) ➤ Asset Accounting ➤ Integration with the General Ledger ➤ Specify Posting Key for
Asset Posting.
Double click on

Asset Posting ANL

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