Asset Accounting, EAM and Financial Assets Management.

Hi Friends,
Can any one please brief about these different terms used in SAP with respect to assets
Asset Accounting
EAM and
Financial Assets Management.
Are these all different components having different functionality.
thanks in advance.

Hi
Asset Accounting
EAM - Enterprise Asset Management (Accounting +Maintenance)
Financial Assets Management = Asset Accounting.
narendra.

Similar Messages

What is the difference between /assets/account/import and /data/account ?

Does anybody knows what is the use of /assets/account/import and /data/account.
What is the difference between these two and their functional use.
thanks

/assets/account/import is used in the context of performing account file uploads through the E10 UI. If you navigate to Contacts > Accounts > and click Upload in the top right corner (above search), you'll get the upload wizard:
The moment you click the cloud icon and select a file, two actions take place:
1) POST to /assets/account/import is made, where you are passing the name, import source and purpose of the import. The response includes the id of the new import object you created
2) Another POST to /assets/account/import/{id}/csv is made, which includes the data in your chosen file
Afterwards, you perform the mappings and go to step 4 of the wizard. When you click Finish, another two actions take place:
1) PUT /assets/account/import/{id} to update the import definition with your mappings from Step 3
2) POST to /assets/account/import/{id}/queue to send this import into the import/upload queue. At this point it becomes visible from Setup > Integration > Inbound > Reporting > Upload History
Note that this workflow is not meant for client use, but rather helps facilitate UI functionality for marketing users. You should be using Bulk API to add or update records, which also confers other advantages such as the ability to use syncActions. The only functionality not available in Bulk API which is available through this workflow is the ability to delete Accounts. For obvious reasons, its recommend that you do NOT automate the deletion of any records. Accounts especially are not subject to any band limits or rates, so its best to have Marketers remove them as needed.
Regarding the second part of your question, the /data/accounts endpoint will provide you with up to 1000 account records when using GET. A POST can also be made to create a new account record (company) within Eloqua. Otherwise, GET /data/account/{id} will retrieve the details of a particular record and PUT /data/account{id} will update a particular.
Best regards,
Bojan

Asset accounting Tables and Fields.

Hi Experts,
I need some table and field in asset accounting, my requirement is below.
1) 2009 depreciation expense for all assets still in service (not written off during 2009) (by class, by asset); and
2) 2009 depreciation expense on all assets written off during the year (by class, by asset)
Thanks in advance.
REgards,
Sam.

Hi Sam,
I think in ANLC you find what you need.
If not, give me feedback
regards Bernhard

Update the Asset accounting not the financial accounting

Hi all,
I have the client scenario that, he is maintaining two depreciation areas. IT depreciation and book depreciation area. He is running AFAB as usually for all the assets. But for asset, he want to enter the unplanned depreciation in IT depreciation area not the financial accounting. (It should not effect the GL account, only for the reporting perspective).
Your suggestions are highly appreciable.
Thanks & Regards,
Skalva

When you have multiple depreciation areas, use the "Reporting Depreciation area" where the Depreciation is not posted to G/L (OADB --- 0 Do not post to G/L) for posting the unplanned depreciation

Asset accounting revaluation and period control

Hi, does somebody know how is the period control determined for Revaluation? For example, I make manual revaluation in ABAW with asset value date 01.01.2007 and I want the effect on the depreciation to begin from the same month. Now it begins from next month and I suppose the period control is linked to the period control for 'acquisitions' (set up as from next month).
To say it directly, how can I customize the period control for Revaluation?
Thanks in advance,
Lyubomir

Hi Andreas,
I have tried this too, but when I create it I cannot navigate to this view. Obviously this can only be acheived through direct maintenatce in the table. However one upgrade will overwrite your changes and this is not a good solution.
Thanks for your help. I understood that the period control can be viewed in table TABWG as well - there I understood saw that the period control of my transactio types have period control as for acquisitions.
Best regards,
Lyubomir

I set up a sync account yesterday and can't manage it, no manage tab

I set up the sync account and failed to write down the Key. I read that I should go to tools and options with the selection of manage account. There is no tab to "manage account" if I try and set up a new account it tells me that the email address is being used, obviously.

Glad you found the actual solution!
I point out typos, because it's not always obvious to someone who may not be familiar with the jargon, and the error messages seldom suggest that a simple typo could be responsible for the problem.
I check www.downrightnow.com before giving up when I have a problem with an online service. There are quite often momentary service disruptions that may affect only a few users.

Ballance sheet and Asset accounting in IFRS

hello every one ,
Currently we are thinking to implement IFRS with New G/L But i wantted to know is there any changes in IFRS Ballance Sheet than GAPP Ballance sheet ?
Similarlly want to know is there any changes need to do in Asset account ? like Derpeciation, Asset cost etc.
Additionay what kind of changes would you suggest in G/L Configuration ?
Thank you in Advance
Deepak Pawar.

Hi,
About your query on Asset accounting Asset Accounting is based on different Depreciation Areas (eg. 01, 40) which are
assigned to different ledger groups (eg. 0L, N1 etc.) reflecting accounting principles (eg. IFRS, Local GAAP). The Book Depreciation Area 01 is linked and posting to the Leading Ledger 0L (and will therefore update all ledgers). Consequently the system needs a Delta Depreciation Area (41) to track the difference between IFRS (01) and Local GAAP (40) and then only to post this differences into the ledger group N1.
Regards,
Krishna Kishore

Asset accounting-QUESTIONS

Hi Gurus,
I got some questions for asset accounting request all of you to kindly extend your help
my questions are
    What is Asset History? ( OAOA)
2)     How the data flows from Asset Accounting to Controlling?
3)     When the asset value is zero and the Company is still using the asset then, how the Company generally proceed to calculate depreciation further? (Curb) (SPRO>Financial Accounting>Asset Accounting>Depreciation>Valuation Methods> Depreciation Key>Calculation Methods> Define Base Methods)
4)     In asset accounting, why 0% Tax code is created for not taxable transaction and why it is compulsory to do it before assigning the chart of depreciation to company code?
5)     What configuration is required to bring all the Fields in depreciation area tap of Asset master creation?(AO21) and (AS01)
[If we make any changes in Tcode AO21 and they are not getting reflected in depreciation area (Last Tab) in creation of asset master (AS01). So how to make the configuration to get those changes reflected in dep. area (last tab) in creation of asset]
6)     What are difference between Germany Chart of Dep. and Great Britain Chart of Dep. (UK)?
Be assured about the points
Thx
Vinod R Khelani

Hello
Charts of depreciation are used in order to manage various legal requirements for the depreciation and valuation of assets. These charts of depreciation are usually country-specific and are defined independently of the other organizational units. A chart of depreciation, for example, can be used for all the company codes in a given country
In the simplest scenario, all of your company codes are in the same country and are subject to the same legal requirements for asset valuation, meaning that you only need one chart of depreciation.
The chart of depreciation consists of the following parts:
In general, you are required to calculate values for assets for different needs, both internal and external (such as book depreciation and cost depreciation). Therefore, the Asset Accounting component enables you to manage values for assets in parallel in up to 99 depreciation areas. The chart of depreciation, therefore, is a directory of depreciation areas organized according to business management requirements. You define the characteristics, and thereby the significance, of the individual depreciation areas in each chart of depreciation. A depreciation area is always assigned to only one chart of depreciation.
You flexibly define the keys for the automatic depreciation of assets in each chart of depreciation. They are based on elements for calculation (calculation methods, period controls, and so on) that are available client-wide.
Use
SAP supplies typical reference charts of depreciation for each country. They have different depreciation areas and depreciation keys depending on that countrys specific requirements. You cannot use these charts of depreciation directly. You must create your own chart of depreciation by copying the reference chart of depreciation. Delete any depreciation areas that are not needed.
You can document the meaning of any chart of depreciation you set up in the system by writing a description for it.
Reg
*assign points if useful

Question on SAP Asset Accounting

Dear Friends,
We are working on a new enhancement for our project. In this development we have to implement parallel ledger with Asset Accounting. We have already Asset Accounting implemented, and two months of depreciation already posted. The current COD is now used by 4 company codes across 4 countries.
Our Requirement.
1. We have 4 ledgers. with OL, we have US for US GAAP, and two Nonleading ledger LS, LT for Australia, Local reporting. The requirement is the Asset posting happening in Asset environment should hit all the ledgers( OL, US, LS, LT)
Solution planned - We thought to create a new COD and assign the depreciation areas with the ledger groups . BUT WE ARE NOT SURE HOW CHANGING THE COD IN THE SYSTEM IN THE SYSTEM WILL IMPACT.
2. We have another requirement. for any acquisition of Low Value Asset, we have to
For Australian reporting the entry should be
Asset A/C ....... DR
to Vendor A/C
For US reporting the same transaction entry should be
Asset Expenses A/C ........... DR
To Vendor.
Solution Planned - We planned to create two different Depreciation Area for LVA transaction and for one LVA depreciation area we will maintain Asset Account in APC account and in another LVA depreciation Area we will maintain Asset Expenses GL as APC account. BUT not sure how the system will react.
Please reply the above doubt. We are in a very critical position in our project.
Regards
Ranjan82

HI ,
For point 1
You can define depreciation area and in Integration wth GL you can define the Traget ledger group of posting for each depreciation as below screen shot
For Point 2 you can create a depreciation key with 100 % which will depreciate asset fully in same here and will book as expese . I have done this for many conutries and it works without effecting any other thing in system .
Please test these in you test system and let me know if you need more help .
many Thanks

Asset Accounting-Equipment

Dear All,
How can we Track assets in PM and how asset account will work and how i configured.
Please suggest.
Thanks
Sushant

It will be appropriate to refer a technical object as an Asset, when Asset Synchronization is done, which is an integration feature with SAP ERP Financials - Asset Accounting.
As far as Tracking of an asset (Equipment) is concerned, this can be done through Equipment Usgae Period. IE02 --> Extras --> Usage list gives you total movement report of that particular Equipment. The rest of you queries the above referred space, might be able to answer indetail.
KJogeswaraRao

Material with asset account

Hi,
Where is the link between Asset accont and material also PO.
For 1 material sas differnt 3 asset account, how and where i can link in customizing.
regards
satish

Hi
While Doing any procurement U will mention A in the account assignement category.
System will not pick up automatically. U need to enter manually.
I saw somewhere in sdn, this could be linked thro OMS2, I am not sure.
Try it out.
Regards,
Raman

FICO: Asset Accounting : Retirement

Dear Friends,
Can someone share the asset disposal posting for the below scenarios.
1 . Asset disposal end of its life with customer with gain or loss
2 . Asset disposal mid of its life with customer with gain or loss
3 . Asset disposal end of its life without customer with gain or loss
4 . Asset disposal mid of its life without customer with gain or loss
Thanks,
Regards,
Perumal
help.sap.com

Hi,
Welcome you post on the forum.
However this forum is not a proper one for you. You need to post on the [ERP Financials - Asset Accounting|SAP ERP Financials - Asset Accounting; forum.
Please close this one.
Thanks,
Gordon

Account group and Account Type.

Hi all,
Could you please tell me the diferences between GL Account group (by example cash, expense, revenue ....) which we define in IMG - Financial Accounting - General Ledger Accounting - G/L Accounts - Master Records - Preparations - Define Account Group and Account Type (by example: Vendor, Customer, Material, GL Account) which is in the screen "create account type" IMG - Financial Accounting - Financial Accounting Global Settings - Document - Document Header - Define Document Types ?
Thank you very much.
Sylvecast

Hi
Account Group Controls the Master records. It controls the number range of Master record and Field status group (Supress, Required, Optional and Display) also. SAP follows a Grouping principle all throughout SAP to handle the Master Records that may be in GL, AR AP any thing. See to create a GL Account group you define at OBD4 there itself you assign the Number Range or those groups which also controls Field Staus of GL Master Records. And for Creating AR and AP Master Records you create at OBD2 and Vendor at OBD3 which will also controls Field Status Group of And Number range of Master record. The only difference between GL and AR/AP is assigning of number range. For GL will specify at OBD4 itself but for AR/AP we need to create a number range at FBN1 then assign to AR And AP at OBD2 and OBD3 respectively.
One more thing. Remember only Field Status group of Master recard (OBD2, OBD3, OBD4) only contain Display option but not to Posting Key or Field Satus Group (OB41 or OBC4). I am so specifing becoz I commited this mistake in one interview.
In summary, the account group controls:
i) The number ranges of the accounts,
ii) The status of the fields in the company code segment of the master record. Since a chart of accounts contains many different types of accounts, they can be bundled into different "account groups ". Usually one account group bundles
accounts with the same tasks within the general ledger, e. g. cash accounts, material accounts, asset accounts, profit and loss
accounts,...
Surendra

Where we have to open and close posting periods in asset accounting

hi sap gurus
can anybody give where we have to open and close posting periods in asset accounting
thank you
venkatareddy

Hi Venkatareddy,
You make specifications for fiscal years and posting periods in the SAP R/3 System in Customizing for Financial Accounting. This is done in the fiscal year variant in the global parameters of the company code. These settings are, in general, also binding for Asset Accounting. The depreciation periods in Asset Accounting then correspond to the posting periods in Financial Accounting. It is usually not necessary to create a separate fiscal year variant for Asset Accounting.
The period control in the depreciation key determines the start and end of depreciation when asset transactions are posted . The period control determines the relationship between the calendar period in which the asset transaction is posted and the depreciation period.
These calendar periods are independent of the posting periods in Financial Accounting. The only restriction is that the beginning of the first calendar period and the end of the last calendar period defined in a period control have to match the start date and final date of the fiscal year in Financial Accounting.
Kindly let me know if this useful for you

Important global parameters from Financial Accounting are missing for Asset

Hi friends,
When I'm trying to assign CHN Chart of Depreciation to c.Code 0319 the below error message is giving by SAP Sytem. This Chart of Depreciation is already 4 C.codes are using.
Could you pleasea provide the detailed procedure...
Error Message is:
The result of the check of company code 0319 shows that important global parameters from Financial Accounting are missing for Asset Accounting.
One or more of the following fields are affected:
Currency
Chart of accounts
Fiscal year version
Input tax indicator for non-taxable transactions
Thanks,
shafi

Hi Shaik,
The solution is in the error message itself i.e
Input tax indicator for non-taxable transactions
Firstly you have to create tax codes for non taxable transaction in TR Code FTXP for the respective company code.
Secondly you have to assign these tax codes to your company code in TR code OBCL and save
Then You can proceed and do the assignment of Chart of Depreciation to the Company code.
I think this will solve the problem.
Regards
Pratiksha
*Please assign points if helpful

Asset Accounting, EAM and Financial Assets Management.

Similar Messages

Maybe you are looking for