Hi
To implement Asset Accounting some basic configuration needs are
1. Define chart of depreciation by copy other COD. (Asset Accounting >>>>> Organizational Structures >>> Copy Reference Chart of Depreciation/Depreciation Areas)
2. Assign COD to the company code. (Asset Accounting >> Organizational Structures >> Assign Chart of Depreciation to Company Code)
3. Assign input tax indicator for non-taxable acquisition. (Asset Accounting >> Integration with the General Ledger >> Assign Input Tax Indicator for Non-Taxable Acquisitions)
After these configuration your company code ready for asset accounting.
Now you have to configure
1. Account determination (Asset Accounting >>>>> Organizational Structures >>> Asset Classes >>> Specify Account Determination)
2. Define Screen layout (Asset Accounting >>>>> Organizational Structures >>> Asset Classes >>> Create Screen Layout Rules)
3. Define asset number range for the cocd (Asset Accounting >>>>> Organizational Structures >>> Asset Classes >> Define Number Range Interval)
4. Define asset class (important for Asset master ) (Asset Accounting >>>>> Organizational Structures >>> Asset Classes >> Define Asset Classes)
5. Define depreciation are (control various type of depreciation) (Asset Accounting >>> Valuation >>> Depreciation Areas >>> Define Depreciation Areas)
6. Define calculation method (Asset Accounting >> Depreciation >> Depreciation Key >>> Calculation Methods >>> )
7. Maintain depreciation key (control depreciation calculation) ((Asset Accounting >> Depreciation >> Depreciation Key >>> Calculation Methods >>> Maintain Depreciation Key)
8. Define depreciation area in the asset class. (Asset Accounting >>> Valuation >>> Depreciation Areas >>> Determine Depreciation Areas in the Asset Class)
9. Define asset GL accounts (FS00)
10. Assign GL accounts (Asset Accounting >>> Integration with the General Ledger >>> Assign G/L Accounts)
After this configuration company is ready for AA.
Regards
Nakula
