Difference between Asset and Equipment

Hi All,
Can someone tell me the difference between Asset (Created using AS01) and Equipment (Created using IE01).
Thanks,
Rock

Dear Rock,
Asset is a financial entity managed by SAP-AA (Asset Accounting) component. Though, it has some logistic data to manage (and one can always add user-defined fields) its main purpose is to manage fixed assets as a part of the company's financial statement by applying different tools like depreciation, capitalization, retirement etc. Equipment, however, is a logistic entity which allows you to manage the logistic flow for your assets, by tracing the place of installation, managing repair/service orders, parts of equipment, etc. An equipment (or several equipments) could be linked to a financial asset. It's important to emphasize that not every equipment is a financial asset, and not every financial assets is an equipment even if you are about to implement both AA and PM in your SAP project.
Regards,
Eli

Similar Messages

ABST2 - Differences between Assets and G/L accts

Hi Experts
We are working on ECC 6.0 and INR is our local currency.
At the end of FY 2007 by mistake direct postings were made to Dep Fund Account which is a Recon a/c and FY 2007 was closed
And because of which FI-GL and FI-AA doesnt match by INR 37353.71 (amt posted in above doc) as shown in ABST2
I've referred SAP notes 104567 & 69225 and found the note 69225 relevant to follow as the difference has not resulted in the current or open years.
So we have passed direct entry which is exactly the reversal of entry posted above using ABF1 (INR -37353.71)
After posting the 2nd document, in ABST2 another line has appeared of INR -37353.71. Although the sum for my recon GL is now zero.
The output of ABST2 is as below now -
Sc Acct no.   BusA Year SG 1st local difference LCurr Doc.no.    Period
AS 31100                2009               37,353.71-        INR     W004
AS 31100                2009               37,353.71         INR     W004       999
When I come out of ABST2 , addition to 1st, error no 2 is also coming which I thought would disappear.
1.Differences between assets and G/L accts in the balance carried forward
     Message no. MQ555
2.Differences between assets and G/L accounts at the key date
     Message no. MQ557
Is still something else needs to be done?
Or can I move ahead as the summation of the difference is now zero?
Please suggest.
Kapil

We referred to SAP and they suggeted that the tagging of W004 in both the lines means that now there is no error even system prompts it as error.
So we continued with the transactions and after closing the FY 2009, today when we run ABST2, we dont get any error messages as there is no difference left between Assets & GL.

Differences between assets and G/L accts

Differences between assets and G/L accts in the balance carried forward
Message no. MQ 555
Diagnosis
Differences occurred in the balance carried forward when comparing asset summary records and G/L accounts.
Procedure
Using program RFEWSBAL, select the accounts for which differences occurred. To do this, proceed as follows:
1. Changeover package: Active package
Phase: ANALYZE
Origin of change: AS
Proceed
1. Analyze the accounts containing errors using note 104567.
If the document number field contains the entry "W004", this means that although a difference exists in the balance carried forward, this difference was charged off at the key date. Following local currency changeover, the system adjusts the currency differences at the key date only, but not in the balance carried forward.
If the entry "W004" exists for all affected accounts, the status is set to warning instead of error. If the correction at key date described above proves sufficient, you can continue changing over the local currency without additional adjustments in the previous year.
However, SAP does recommend that you make corrections in the previous year in line with note 104567 since this ensures that the balance carried forward is also reconciled.

Hello,
There 2 t codes ABST and ABST2.
You have issue if ABST does not match.
ABST2 is as of today t code. Ideally they will match.
To fix the issue
execute AFAR
then execute AFAB repeat run dep.
Normally your will asset balance will match with GL

Synchronisation between asset and equipment

Hi, team ,please guide me how can i genera te same no for equipment when asset is synchronised with equipment. Because asset class is linked with equipment category not with object type. Thanx in advance.

Hi,
According to the business prospective only few asset class's assets were treated as equipment assets.
In this scenario you must need to do the followign settings
spro->img->FA->aa->master data->automatic creation of master records->Specify conditions for syncronisation of master data---
here choose specific asset classes, those you are treating as equipment asset class, double click on it.
There choose Direct syncronisation of after saving from the drop down to all the 4, like AS01, AS02, IE01, and IE02.
SAVE
Now go to OIEN and create the number range seriesfor equipment, which is used for your asset class number series.
then every time if you create the asset in that asset class, same equipment number generated by the system automatically.
Note: please make sure that the number range object, whch you are using in your equipment asset classes, cannot be used for any other normal asset classses.
If you are maintaining for other normal asset classes also, then if you create an asset in that normal asset class, there will not be any equipment no generation , but number series is used in AA, but not in PM.
After that if you create an asset in quipment asset class, then the system gives the next number for asset and previous number for equipment.
Hope this might help you.
Thanks,
Srinu

Differences between assets and G/L accts in the balance carried forward

Hi Folks,
I am having problem with this:
Differences occurred in the balance carried forward when comparing asset summary records and G/L accounts.
Thanks,

Hello,
There 2 t codes ABST and ABST2.
You have issue if ABST does not match.
ABST2 is as of today t code. Ideally they will match.
To fix the issue
execute AFAR
then execute AFAB repeat run dep.
Normally your will asset balance will match with GL

Balance difference between GL and Asset

Hi Exps,
I found the balance differences between asset and gl throu transaction ABFST2.
how to know from where the differences will come in assets and GL? if found how to adjust the differences?
Soma

any suggetions please...
If i retire the asset in current period, what is the parameters to take to retire the asset? asset cap.date: 01.11.2004, life time: 5 Yrs. Dep.rate:20%.
system is not allowing to transfer with value date on 01.02.2004. for this case which value date i should take? if i transfer this to new asset with current date, what is the life time and depreciation. depreciation is taken as over rem.life pro rata to zero.
Soma

Difference between corrective and breakdown maintenace ?

Hi ,
I am having a bit of confussion between corrective and breakdown maintenance And i also dont know what is the difference between material and equipment . So i request you to help me in order to enhance my knowledge .
with regards,
M.Sreeram

Dear,
1.Corrective maintenace is carried out as a part to improve the working condition of the .
2.Breakdown maintenace is carried out when your equipments has a breakdown nd notworking and production is effected.
Corrective maintenance - you "CORRECT" a failure/damage/malfunction due to wear & tear, operating conditions, design, etc. In SAP PM, you raise a notification (work request) to record the problem, the notification is then assessed/reviewed/approved and a corrective work order is then created (linked to the notification) to repair the problem.
Please refer this for more details,
[LINK|http://lmgtfy.com/?q=%22correctivemaintenance%22%22preventive+maintenance%22]
Regards,
R.Brahmankar

Difference between Asset Intelligence 09A report and reports in the Software Metering folder

Dear all,
I can not seem to grasp the difference between Asset Intelligence 09x reports and reports in the Software Metering folder. Do they extract conclusions based on the same data and which data are those? I also have come to notice that there are occasional dicrepancies
between them. Why would this be?

Hi,
1. Software metering allows you to create a rule and meter application usage very granular, when it is started, how many times , how long it has been used e.t.c, Asset intellegence doesn't require you to create any rules it will only inventory start/stop
so you can get reports like "all computers that hasn't started a application in x days".
2.It depends on the license agreement for that application, but yes you can get how many has started a specific application within a timeframe.
3.No
Regards,
Jörgen
-- My System Center blog ccmexec.com -- Twitter
@ccmexec

PE2 - What's the difference between "cut" and "clear" in Project Assets?

When removing items from the Project Assets area, what's the difference between "cut" and "clear"?
Also I believe "delete" is an option at times, but I couldn't replicate it.

Cut should Delete, but transfer that Clip to the Clipboard, where Clear will just Delete it completely - no transfer to Clipboard.
That can be tested by doing a Cut, then move the CTI (Current Timeline Indicator) to the end of the Timeline, and hit Ctrl+V (Paste). That Deleted Clip should appear after the CTI.
Then, clear (or choose a different Clip) the Clipboard, and try Clear. It should not Paste the Clip into the Timeline.
Good luck,
Hunt

Core differences between Asset intelligence and Software Metering

Hello all,
A small doubt,
What all are the core differences between Asset intelligence and Software Metering.
I am asked to implement License management for certain software in my environment using SCCM 2012 R2, where I should get the report on number of licenses of one particular software used during particular timing. Will this be possible using Software metering
alone.
Is there any extra cost involved in for software metering or asset intelligence?
Regards,
Vishnu
V I S H N U

Hi,
1. Software metering allows you to create a rule and meter application usage very granular, when it is started, how many times , how long it has been used e.t.c, Asset intellegence doesn't require you to create any rules it will only inventory start/stop
so you can get reports like "all computers that hasn't started a application in x days".
2.It depends on the license agreement for that application, but yes you can get how many has started a specific application within a timeframe.
3.No
Regards,
Jörgen
-- My System Center blog ccmexec.com -- Twitter
@ccmexec

Exchange rate difference between MIRO and GR/IR

Hi,
Exchange rate difference between MIRO and GR/IR we need to written off as a expense for imported w/off expense and in case of assets we need to post exchange rate difference to exchange fluctuation account. Currently exchange rate difference is accounting under capital work in progress(Asset)instead of exchange fluctuation.
Thanks in Advance
Regards
Venkata Suresh

Hi,
At MIRO stage, after entering PO number system will automatically populate the GRN value for selection. Here if you found that invoice value, which you have received from the vendor, is more than the system proposed amount, then you can adjust that diff amount in the GL account tab, which is next to PO reference tab in MIRO.
There enter the exch loss GL account and enter the diff amount.
Thanks,
Srinu.

What is the difference between OTL and iTime?

Hi All
What are the major differences between OTL and iTime? Is OTL necessary to implement iTime? Any documents related to iTime?
Thanks in Advance.
Thanks and Regards
M.A.Rahman

Rahman,
iTime is also called OIT, Oracle Internet Time, which was used to capture time info in Projects. It has been desupported now. Now, OTL is the single source of Time entry and currently integates with Payroll, HR, Projects and Enterprise Asset Management.
--Shiv

Difference between Characterstics and Master Inspection Characterstics??

Could some please explain me the difference between characterstics and Master inspection Characterstics?
How do you create a new master inspection characterstics?

Classification and Characteristics are cross-application functions ( [SAP Help|http://help.sap.com/saphelp_erp60_sp/helpdata/en/dd/ae56614bb411d192f20000e829fbc6/frameset.htm] ) used in many areas of SAP such as:
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- Sales orders
- Etc
PeteA

What is the programming (ABAP) difference between Unicode and non Unicode?

What is the programming(ABAP) difference between Unicode and non Unicode?
Edited by: NIV on Apr 12, 2010 1:29 PM

Hi
The difference between programming in Unicode or not Unicode is that you should consider some adjustments to make on the Program "Z" to comply with the judgments Unicode Standard.
In the past, developments in SAP using multiple systems to encode the characters of different alphabets. For example: ASCII, EBCDI, or double-byte code pages.
These coding systems mostly use 1 byte per character, which can encode up to 256 characters. However, other alphabets such as Japanese or Chinese use a larger number of characters in their alphabets. That's why the system using double-byte code page, which uses 2 bytes per character.
In order to unify the different alphabets, it was decided to implement a single coding system that uses 2 bytes per character regardless of what language is concerned. That system is called Unicode.
Unicode is also the official way to implement ISO/IEC 10646 and is supported in many operating systems and all modern browsers.
The way of verifying whether a program was adjusted or not, is through the execution of the UCCHECK transaction. Additionally, you can check by controlling syntax (making sure that this asset verification check Unicode).
The main decisions to adjust / replace are (examples):
ASSIGN H-SY-INDEX TEXT TO ASSIGN <F1> by
H-SY-INDEX TEXT (*) TO <F1>.
DATA INIT (50) VALUE '/'. by
DATA INIT (1) VALUE '/'.
DESCRIBE FIELD text LENGTH lengh2 by
DESCRIBE FIELD text LENGTH lengh2 in character mode.
T_ZSMY_DEMREG_V1 = record_tab by
record_tab TO MOVE-Corresponding t_zsmy_demreg_v1.
escape_trick = hot3. by
escape_trick-x1 = hot3.
itab_txt TYPE wt by
ITAB_TXT TYPE TABLE OF TEXTPOOL
DATA: string3 (3) TYPE X VALUE B2023 '3 'by
DATA: string3 (6) B2023 TYPE c VALUE '3 '.
OPEN DATASET file_name IN TEXT MODE by
OPEN DATASET file_name FOR INPUT IN TEXT MODE ENCODING NON-UNICODE.
or
OPEN DATASET file_name FOR INPUT IN TEXT MODE ENCODING DEFAULT.
CODE FROM PAGE TRANSLATE a_codepage record by
record TRANSLATE USING a_codepage.
CALL FUNCTION 'DOWNLOAD' by
CALL METHOD cl_gui_frontend_services => gui_download
CALL FUNCTION 'WS_DOWNLOAD' by
CALL METHOD cl_gui_frontend_services => gui_download
CALL FUNCTION 'UPLOAD' by
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CALL FUNCTION 'WS_UPLOAD' by
CALL METHOD cl_gui_frontend_services => gui_upload
PERFORM USING HEAD APPEND_XFEBRE +2. by
PERFORM USING HEAD APPEND_XFEBRE +2 (98).
Best Regars
Fabio Rodriguez

Difference between Satellite and Satellite Pro L100

what is the difference between satellite and satellite pro? for example - satellite L100-175 and satellite pro L100-176?

Hi,
the difference between Satellite and Satellite Pro is the operating system:
Windows XP Home for Satellite
Windows XP Professional for Satellite Pro
The difference between the models L100-xxx is just the equipment.
For Example the CPU:
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Sat Pro L100-176: Core Duo T2400; 1.83 GHz
For further details look in the specs of the models.
Bye

Difference between Asset and Equipment

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