Introduction
The SAP New Asset Accounting(FI-AA) module is an example of a financial module that has been redesigned in the S/4 HANA suite to increase process efficiencies across the lifecycle of an asset. SAP New Asset Accounting offers immense benefit over traditional Asset Accounting. Our training program focuses on managing FI-AA master data and on the handling of the various business processes in FI-AA, it includes topics like periodic processing, evaluation and depreciation and standard reporting. As FI-AA is a sub-ledger of FI, trainees can learn about organizational structures in Asset Accounting and FI, methods to configure of FI-AA in SAP Customizing, to find out how configuration possibilities can affect the application and the business processes.

Course Objective

After the completion of this course, Trainee will:
1. Configure the Asset Accounting module
2. Create and change master data in Asset Accounting
3. Understand Asset Class, Number range interval, Depreciation keys, Screen Layouts
4. Attain knowledge of depreciation run and transactions
5. Identify which FI-AA reports you need to analyze asset values

Pre-requisites

1. AC010 Business Processes in Financial Accounting
   2. Basic knowledge in Bookkeeping

Course Curriculum
Unit 1 – Overview of New Asset Accounting

1. Overview of New Asset Accounting
2. Changes in Asset Accounting
3. Configuring Basic New Asset Accounting
4. Configuring Fixed Asset Accounting

Unit 2 – Chart of Depreciation/Depreciation Area/Assign COD to Company Code

1. Depreciation and Calculation Methods
2. Defining Depreciation Areas
3. Determining Depreciation Areas in Asset Class
4. Fiscal Year Specifications
5. Developing Enhancement for determining Company Code Relationship

Unit 3 – Define Asset Class/Number range interval/Creation of Asset G/L accounts

1. Asset Class and its Usage
2. Asset Class Creation
3. Changing the Field Status of the Asset G/L Account
4. Posting GL Account Document for Ledger Group
5. Set or Reset Reconciliation Accounts
6. Technical Clearing Account

Unit 4 – Screen Layout- Asset class
Screen Layout Rules

1. What are directives

Unit 5 – Depreciation Keys: Define Base Method/Define Multilevel method/Period control methods/Depreciation Groups

1. Depreciation Keys
2. Period Control Method
3. Maintaining Period Control Method
4. Straight Line Method
5. Changing Key Words in the Evaluation Group
6. Defining Validation and Substitution

Unit 6 – Creation of main Asset master and sub asset master data/Asset transactions

1. Master Data
2. Acquisitions – Defining Transactions types for Acquisition
3. Transaction Types for Transfer Posting
4. Transaction types for Retirement
5. Defining Transaction type for Post Capitalization
6. Defining SAP Queries
7. Defining Document type for Legacy Data Transfer
8. Changing Asset Settings – Master Data

Unit 7 – Depreciation run/display of balances/Master Data Creation