AC305 - Asset Accounting

Unit 1: Organizational Structures

Assigning a Chart of Accounts and a Chart of Depreciation to a Company Code

• Name and differentiate important organizational units
• Assign a chart of depreciation to a company code

Assigning Management Accounting Objects to Fixed Assets

• Outline how FI-AA is integrated with Management Accounting

Defining How Depreciation Areas Post to the General Ledger (G/L)

• Define which depreciation areas post which values to
• Assign the financial statement version for asset reports

Understanding the Importance of Asset Classes in Fixed Assets

• Understand the importance of the asset classes in fixed assets

Unit 2: Master Data

Explaining the Components of an Asset Class

• Assign an account determination key to an asset class
• Assign number range intervals to an asset class
• Explain the screen layout of asset master data
• Explain the screen layout for asset depreciation areas
• Copy asset classes from reference
• Understand special asset classes like AuC and LVA

Creating and Changing Master Data in Asset Accounting

• Create master data in FI-AA
• Change master data in FI-AA
• Assign asset and equipment master records

Carrying Out Mass Changes to Asset Master Data Using a Worklist

• Carry out mass changes to asset master data using a worklist

Unit 3: Asset Transactions

Creating Acquisitions

• Enter transactions in the system and analyze them using the Asset Explorer

Posting Asset Acquisitions with the Profit Center and Segment Characteristics

• Identify the impact of activating segment reporting within Customizing for Asset Accounting
• Create assets and post asset acquisitions with the profit center and segment characteristics
• Derive the profit center and segment for fixed assets that are already activated

Posting Non-Integrated Asset Acquisitions and Understanding the Integration with Materials Management (MM)

• Post asset acquisitions with a clearing account and explain how asset acquisitions are integrated with
• Materials Management (MM)

Posting Integrated and Non-Integrated Asset Retirements

• Enter integrated and non-integrated asset retirements

Performing Transfers Within Company Code and Intercompany Asset Transfers

• Process intracompany and intercompany asset transfers

Representing, Distributing, and Settling Assets Under Construction

• Represent, distribute, and settle assets under construction

Entering and Analyzing Unplanned Depreciation

• Enter and analyze unplanned depreciation

Unit 4: Periodic Processing and Valuation

Defining Depreciation Areas, Keys, Calculation, and Posting

• Analyze and configure depreciation areas
• Describe and understand the structure of a depreciation key and how it works
• Understand the new calculation of depreciation amounts and describe the options for time dependent depreciation terms
• Define interest and use index series to index the acquisition value and calculate a replacement value
• Post depreciation and analyze depreciation values

Executing Programs for Fiscal Year Change and Year-End Closing in Asset Accounting

• Execute programs for fiscal year change and year-end closing in FI-AA

Using the Accounts Approach for Parallel Accounting in Asset Accounting (FI-AA)

• Name and explain the possibilities for mapping parallel accounting and create and control a new depreciation area in FI-AA.

Processing Impairment Postings in Subledger Assets

• Explain how impairment postings are processed in the subledger FI-AA

Unit 5: Information System

Executing Various Asset Accounting Reports Using SAP List Viewer and Sort Variants

Executing Depreciation and Transaction Simulation

• Generate a depreciation and transaction forecast for an asset from the Asset Explorer and generate a depreciation forecast for various assets using program RASIMU02

Understanding the Layout of an Asset History Sheet

• Execute the asset history sheet, analyze the layout of an asset history sheet, and configure your own asset history sheet, if necessary

Unit 6: Legacy Data Transfer

Entering Legacy Data Manually

Executing Subsequent Work After Legacy Data Transfer

• Understand when, how, and why reconciliation with Financial Accounting (FI) is required

Drafting an Automatic Legacy Data Transfer