This book expertly guides readers through implementing Asset Accounting in SAP S/4HANA and helps them gain a deeper understanding of how to configure asset accounting in SAP S/4HANA. Learn more about the organizational structure, asset classes, and country-specific functions needed to configure SAP Asset Accounting. Walk through the charts of depreciation, company codes, number ranges, account determination, screen layouts and rules, and chart-of-depreciation dependent configurations. Explore integration with the General Ledger. Review the valuation and depreciation areas that make up the chart of depreciation and ensure that it is correctly configured. Look at the different depreciation areas and dive into the different depreciation types and how they are calculated. See how to set up configuration for special valuations on assets, special depreciation reserves, and special value adjustments. Explore integration with other SAP modules. Learn about the different transaction types, how they are grouped, and a rule of thumb on how to identify them by numerical value. Obtain best practices for reporting in asset accounting and get strategies for how to transfer legacy assets into SAP. Learn everything you need to know for the initial go-live. By using practical examples, tips, and screenshots, this book: - Dives into how to configure Asset Accounting in SAP S/4HANA- Explains the new ACDOCA table- Explores depreciation, including chart of depreciation, depreciation keys, and period control- Walks through periodic processing, including year-end clos

Asset accounting setup is mandatory in SAP S/4HANA--so get the details you need to get it up and running! Walk through the configuration that underpins all of asset accounting, starting with organizational structures and master data. From there, master key tasks for asset acquisition and retirement, depreciation, year-end close, reporting, and more. Finally, see how to migrate your legacy asset data from SAP ERP to SAP S/4HANA. Covering both SAP GUI and SAP Fiori, this guide has it all!

"Get your SAP S/4HANA Finance configuration right the first time! Whether you're running a new implementation or transitioning from SAP ERP, this comprehensive guide walks you through each project task. Start by setting up an organizational structure and defining global master data. Next, follow step-by-step instructions organized by functional area: general ledger, AP, AR, controlling, margin analysis, predictive accounting, and more. Your new system awaits!"--

In this book, noted expert Andrew Okungbowa explains SAP Asset Accounting (FI-AA) in SAP-ERP, including its associated business benefits, and guides you through the considerable complexities of SAP-ERP configuration. Using FI-AA for fixed asset management enables you to manage assets in multinational companies across a broad range of industries and produce reports to meet various needs in line with legal requirements. Configuring SAP-ERP can be a daunting exercise, however, and there are few resources that address these issues. Asset Accounting Configuration in SAP ERP fills that resource gap by covering the major aspects of SAP FI-AA for anyone with SAP experience and the basic accounting knowledge and bookkeeping skills necessary to apply configuration. It provides configuration explanations in the simplest forms possible and provides step-by-step guidance with illustrations and practical examples. What You'll Learn “li>In-depth coverage of FI-AA syllabus How to configure FI-AA accounting in SAP How to integrate FI-AA accounting with other SAP modules How to explain the functionalities of SAP FI-AA Knowledge gained from real-world practical examples and case studies Who This Book Is For The key target audience for this book includes SAP consultants, developers, accountants, support organizations and beginners. It is also a resourceful learning manual for universities and institutions whose curricula covers SAP-ERP Asset Accounting.

Universal Parallel Accounting (UPA) is perhaps the most significant innovation since the introduction of the universal journal in SAP S/4HANA. The business requirements behind UPA will be familiar to anyone who has worked in a mul- tinational organization. What is new is the architecture—ledger and currency settings are used consistently, across all financial applications within the organization. If the universal journal was the single document that combined information from the general ledger, asset accounting, controlling, material ledger, and margin analysis, then Universal Parallel Accounting takes the idea a step further by providing consistent ledger and currency settings across all finance applications. This book provides a comprehensive introduction to Universal Parallel Accounting and explains how it is different from previous approaches. Troubleshoot the challenges of working with multiple accoun- ting principles, fiscal year calendars, and currencies in subsidiaries, alongside the common accounting principle, fiscal year calendar, and group currency. Take a closer look at ledgers, accounting principles, and fiscal year variants. Explore key changes to asset accounting, overhead accounting, and inventory accounting. Compare and contrast the approach to calculating WIP and vari- ances—instead of calculating at period-end closing, they are calculated with each goods movement and confirmation. Learn more about the new way to recognize revenue. This book expertly guides readers through key updates to parallel accounting in SAP. - Introduction Parallel Accounting in SAP S/4HANA - Use Cases for Universal Parallel Accounting - How Universal Parallel Accounting differs from Previous Approaches - Explore key changes to asset accounting, overhead accounting, and inventory accounting

"Finance professionals, it's time to simplify your day-to-day. This book walks through your financial accounting tasks, whether you're using SAP GUI transactions or SAP Fiori apps in your SAP S/4HANA system. For each of your core FI business processes-general ledger accounting, accounts payable, accounts receivable, and fixed asset accounting-learn how to complete key tasks, click by click. Complete your FI operations smoothly and efficiently!"--

Explore SAP Fixed Asset Accounting module functionality in SAP S/4HANA. Review the complete lifecycle of an asset — from acquisition and construction to retirement. Identify the differences between “classic” Asset Accounting and the new SAP S/4HANA Asset Accounting. Review organizational setup requirements and learn how to classify assets according to fiscal and company requirements. Clarify how asset-related transactions are posted in the general ledger. Delve into asset master data, including the organizational structure, integration with the general ledger, and the creation and maintenance of asset master data. Identify how to disinvest assets and adjust their values. Find out what options are available for asset depreciation. Learn how to calculate depreciation, how to post in the ledgers according to accounting principles, and how G/L accounts are determined for the postings. Dive into asset reporting functionality, including key tools, as well as depreciation simulation to predict future depreciation costs. Look at migration requirements and considerations. By using practical examples, tips, and SAP Fiori screenshots, this book: - Describes SAP Fixed Asset Accounting functionality in SAP S/4HANA with SAP Fiori examples - Explores the complete lifecycle of an asset in SAP - Identifies differences between classic Fixed Asset Accounting and the new SAP S/4HANA Fixed Asset Accounting - Examines how Fixed Asset Accounting is integrated with other SAP modules

Preparing consolidated financial statements for an enterprise with a parent and one or more subsidiaries requires a detailed review of underlying transactions in order to properly reflect results and financial position. For large, integrated, and multinational organizations, likely with millions of transactions, it is imperative that the financial accounting software facilitate this process. This expertly written guide focuses on leveraging SAP S/4HANA Finance for group reporting. Explore key functionality and how the universal journal has led to the evolution of the group reporting solution. Using a detailed case study, the author discusses configuration and master data and walks the reader through the period-end process for consolidation and explores reports using financial transactions that have already been entered into SAP S/4HANA Finance for group reporting. Explore reports delivered with SAP S/4HANA Finance for group reporting. This book is targeted at both finance professionals and the functional consultants who perform the configuration and execution of processes for preparing consolidated financial statements. By using practical examples, tips, and screenshots, this book covers:

- SAP S/4HANA Finance for group reporting and the universal journal
- Configuration and master data
- Period-end process for consolidation
- Reporting and analysis

SAP S/4HANA brings change to your routine controlling activities. Perform your key tasks in the new environment with this user guide! Get click-by-click instructions for your daily and monthly overhead controlling tasks, and then dive deeper into processes such as make-to-stock/make-to-order scenarios, margin analysis, and investment management. Finally, instructions for intercompany transactions and reporting make this your all-in-one resource! In this book, you'll learn about: a. Master Data See how your financials data is organized in SAP S/4HANA for management accounting. Understand the key reporting entities, from general ledger accounts and cost centers to specific master data for margin analysis. b. Functional Tasks Walk through your core controlling activities for overhead costs, manufacturing costs, sales costs, investments, and intercompany transactions. Learn how to assess each data type with step-by-step guidance and tips from the experts. c. Reporting Discover the reports that gather your cost data for assessment. Get insight into SAP S/4HANA innovations that impact reporting, including the SAP Fiori interface, the virtual data model, global accounting hierarchies, and more. Highlights include: 1) Organizational structures 2) Master data 3) Overhead controlling 4) Production controlling 5) Service controlling 6) Margin analysis 7) Event-based revenue recognition 8) Investment controlling 9) Intercompany scenarios 10) Reporting 11) Universal Journal 12) User interfaces (UI)