Asset clearing account

hi,
when post to asset module from fi, must use asset clearing account right? not able to directly post to asset without clearing account. is that correct?
what tcode or in spro i can see the asset clearing account being defined.
thanks

Hi,
In SAP Asset Accounting is a Sub Ledger concept i.e we do not disclose each and every asset in the balance sheet.
Instead we create GL accounts for each particular asset like Building, Plant & Machinery,Furniture etc. and these are assigned to the Asset Class.
These Gl accounts are defined as Recon Accounts, so that the Total Balance in the Gl account reconciles with the Sum total of all the Individual Asset that fall under that particular asset class.
When an asset is acquired then we enter the value directly into the Asset Master data,but as the Asset is linked to a Asset Class, the data is also entered in the GL account that is being assigned to it.
Similarly we also assign the Accumulated Depreciaiton and the Depreciaiton Gl accounts to the asset class for the flow of depreciaiton vales.Depreciaiton Gl is defined *** a P & L account anad Accumulated Depreciaiton Acct is defined as balance sheet account. Data flows into these gl's when we calculate the depreciaiton.
Hope I have provide the information required by you.
Regards
Phani

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