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New Fixed Assets Accounting in SAP S/4HANA

Name: New Fixed Assets Accounting in SAP S/4HANA
Rating: 5.00 (8 reviews)
ISBN: 9783960127772

Im Digital-Abo enthalten.

Bewertet mit 5.00 von 5

Von
Kees van Westerop

217 Seiten, 1. Auflage , ISBN: 9783960127772 , ISBN: 9783960122463

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Sprache

Englisch

Seiten

217

Auflage

Schwierigkeit

Experte

Veröffentlichung

2020

ISBN

9783960122463

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

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Rezensionen

Bewertet mit 5 von 5

Tamas S.

Bewertet mit 5 von 5

Jörg S.

Bewertet mit 5 von 5

The primary purpose of this book is to describe and explain the functionality of new Asset Accounting and the adaptations made due to the introduction of SAP S/4HANA." To start with, after reading this book I do confirm that this objective has been fully achieved. I know SAP Asset Accounting from version 3.5 then 4.2 and then ECC and I must say that all relevant subjects are covered in the same, "logical way" one is used to; starting from -not too deep diving- customisation, then primarily focussing on the mandatory organisational data, creating master data, in parallel exploring the settings and tables used then acquisition of the asset, Assets under Construction, Depreciation, Write offs, Impairments etc... I should say: just see the contents overview). And due to the integrational aspects of the system also adjacent subjects are covered, just enough to understand the implications for asset accounting (I.e., New General Ledger, Controlling, Material Management etc. and even different migration scenario's are covered). The extra plus here is that all subjects are covered in an excellent and definitely educational approach (starting from business theory, to functional approach, followed by the day to day execution of business case examples, accompanied by the author's tips, tricks and suggestions, vivid visual system documention like extensive GL-journal entries, extensive reporting overview etc.). So, having this book is providing you with a comprehensive overview of all the things you must know and I expect you will use this book also later on when you need to page back on "how exactly was it done again?". Because of the fact that the subjects are S/4Hana related, the new system we will all be working with, makes it all very interesting and I was not disappointed on this because, although also the differences with the old ECC system are revealed, primarily the functionality in the new system is dealt with extensively. As being a certified SAP Fi-and Co consultant I red much SAP documentation and training material and during the reading of this book I was impressed by the clear writing skills of the author, the approach and the total overview it brings of all the underlying topics that a user is confronted with when working with this system. (One minor point here: it struck me that the screens that are subject to explaination are taken into the text at the end of the paragraph in stead of starting with it.) As a result of this, for understanding the content, it is unnessesary to execute the business scenario yourself. Unnecessary, although you probably will be enthusiastic enough to do it yourself once you have a test-system at your convenience. (At least, that's how it works for me!) You keep reading because of all the interesting subjects that follow one after another, accompanied by the author's vast business experience. Of course one cannot describe every detail, that is why SAP basic knowledge should already be there but I admit that for some questions I had for long I do now have an answer or at least a direction where to find it myself. I am working as a SAP lecturer on a Business School -University of applied sciences- and I am contemplating to advice this book to my financial students as an introduction to asset management or -even better- as a study to the impact on external reporting because of different accounting rules (IFRS and GAAP) and as a study of the way an integrated business system is dealing with financial operations on the one hand and management reporting on the other. I say, a must-read for everybody that is working with SAP Asset management.

Bert D.

Bewertet mit 5 von 5

This books provides practical tools to understand, customize, implement fixed assets in the very detail in SAP S/4 Hana. Many thanks to the author.

Harold H.

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