Implementation of Asset Management in Hotel industry

Hi,
We have a requirement that, we would like to implement Asset module to a Group of Hotel's located in overseas.
Till now, i am invovled in various implementations in various sectors like food industry,pharma industry.
This is the first time, we are implementing asset module in hotel industry.
Can somebody tell me, is there any special procedure designed for hotel industry ?
Looking for your favourable response ......
Thanks in advance.
Regards,
Prasad

Hi Prasad,
Pl note that Asset accounting will be same in Hotel industry as compared to other industries like food chain supply or retail industry etc. However, it would be better, if we consider following points:
1. Profit Center (PC) & Cost Center (CC) hierarchy definition and assigning correct CCs in the asset master data.
2. Different Depreciation & Taxation rules of various countries.
3. Legal requirements
Regards,
Amish.

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    Hi Prasad,
    Pl note that Asset accounting will be same in Hotel industry as compared to other industries like food chain supply or retail industry etc. However, it would be better, if we consider following points:
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  • New GL Environment - Asset Management - Depreciation Areas

    Hi Folks
    My client currently is on 4.6C R/3 platform. The asset management configuration for Depreciation Areas is such that the area 01 has been assigned to Local GAAP postings and has Real Time Posting flag set to yes. Area 20 has been assigned to IAS, but without Real Time Posting flag.
    Going for New GL, the question is does SAP allow Leading Ledger (0L) to have a depreciation area (20 in our case) which is not configured for real time postings while allowing Non Leading Ledger (say X1) to have a depreciation area (01 in our case) which is configured for real time postings.
    If SAP allows this, it is OK, we just migrate as it is.
    If not, we need to swap configurations between the two depreciation areas and do a de-facto re implementation of AA module as a precursor to New GL migration.
    Also, keeping this issue in mind, would it be better/ advisible to go in for New GL migration sometime middle of a year?
    Any thoughts/ experiences/ advice on this situation?
    Regards
    Mandar

    You can use derived depreciation area concept and can post to different ledgers.
    One limitation is that the formula which you give is always 60=01-20 and not 20-01. Here 01, 20, 60 are depreciation areas. 60 is the derived depreciation area which is a standrd delivery.
    You are not clear whether are you posting to 20 periodically or not? Or it is for only reporting?.
    Assuming you are posting in 4.6C and want to continue the same, you can do so by the derived depreciation area.
    You may be needing to configure your system for periodical posting (ASKBN) and you need to use FB50L for postings to specific Ledger or ledger groups. If you want to post all the ledgers same value but for the depreciation, you can use the old transactions.
    you run your scenario in sand box and test your self before come to a conclusion.
    The scenario what you are referring is a standard functionality.

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