Aseet Data maintenance with out G/L Accounts

Hi ,
One of our clients is moving out from SAP to Pepolesoft. But they still want to maintain all the Asset Data with values in SAP only. They also want to run depreciation in SAP, but nothing should get posted in SAP. After running AFAB, system should interface to PS.
Is it possible to maintain Master in SAP with out G/L Accounts( But values should be captured in SAP )  and  run AFAB with out G/L Account assignment in the Asset Masters ?
Thanks & Regards,
Sajan

Hi all,
Thanks for the valuable inputs. But there are few more clarifications in this regard.
a) Interface to peoplesoft is secondary thing. We will be interfacing all the data including G/L, AR, AP, Assets to PS at later point of time. Hence this is not to be a concern at this point of time.
b) Now that, we have already posted entries in Asset Accounting in 2008 & 2009, we need to continue Asset Accouting for year 2010. But unless we close 2008, we cant use 2010.
Hence my concern is how to open 2010, with out cloising 2008. or can we run dcepreciation for 2008, with out posting any entries in SAP, so that once we run depreciation for all the periods in 2008, we can close that and open 2010.
Thanks & Regards,
Sajan

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