AC305 Asset Accounting

Course announcements
This course gives you a thorough overview of the SAP ERP asset accounting offering. You will learn how to configure asset accounting, manage asset master data, and perform day to day and periodic asset transactions. The course focuses on the accounts solution for parallel accounting.

Goals
This course focuses on managing FI-AA master data and on the handling of the various business processes in FI-AA. It also covers, e.g., the topics periodic processing, evaluation and depreciation and standard reporting.
Participants will learn something about organizational structures in Asset Accounting and FI, as FI-AA is a sub-ledger of FI. They will also configure FI-AA in Customizing, to find out how configuration possibilities can affect the application and the business processes.

Audience
Application Consultants
Project Manager
IT Support
Power Users

Prerequisites
Essential:
AC010
Basic knowledge in book-keeping

Content
Chart of Depreciation/Depreciation Areas
Asset Classes
Asset Master Data
Reproduction of divers FI-AA Business Processes in the SAP System
Valuation and Depreciation
Periodic and Year-End-Closing Processes
Parallel Valuation in FI-AA (using the so called Account Solution)
Information System
Overview of the Legacy Data Transfer in FI-AA (from a third-party system to the SAP system)

Notes
The course works with a SAP ERP 6.0 system on Enhancement Package 7 and active new General Ledger Accounting.
Please note that the course also takes functions into consideration on earlier SAP releases, like R/3 4.6 or R/3 Enterprise and also functions on classic G/L.