Post Depreciation Manually - Unplanned and Planned (ABAAL)

Asset Accounting in the SAP system is used for managing and monitoring fixed assets. In Financial Accounting, it serves as a subsidiary ledger to the general ledger, providing detailed information on transactions involving fixed assets.

The Asset Accounting component consists of the following parts:

• Basic functions:

  • Master data (asset maintenance)

  • Basic valuation functions

  • Depreciation

  • Transactions, such as asset acquisitions and retirements

  • Closing operations

  • And more

• Special valuations: for example, for investment support

• Preparations for consolidation for group financial statements

• Information system

The basic functions cover the entire life of the asset from the purchase order or initial acquisition (which can be managed as an asset under construction) all the way to the asset retirement. The system calculates, to a large extent automatically, the values for depreciation, interest and other purposes between these two points in time, and places this information at your disposal in varied form using the Information System. There is a report for depreciation forecasting and simulation of the development of asset values.

The system enables you to manage values in parallel currencies using different types of valuation. These features simplify the process of preparing for the consolidation of multi-national group concerns. For parallel valuation, you can flexibly assign the depreciation areas of Asset Accounting to the ledgers of the general ledger. The system posts parallel values with the actual values in real time; separate documents are posted for each valuation (that is, each accounting principle).