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Asset Accounting Configuration in SAP ERP: A Step-by-Step Guide by Andrew Okungbowa

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Introduction

This introduction explains what asset accounting is, discusses the integration of asset accounting into other SAP modules, explains who should use this book, and includes a quick overview of the book’s content.

Asset Accounting (FI-AA)

Asset accounting is a subsidiary ledger to the general ledger in SAP R/3 and it provides an enterprise-detailed way to relate to all the transactions that took place in the system related to fixed assets. Asset accounting serves as a component in SAP R/3 for managing and monitoring fixed assets. The SAP system comes with various fixed asset country-specific standard settings, which cut across industries. The country-specific features make the asset accounting component adaptable and easy to customize. ...

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