Sap New Asset Accounting :: carterso.com

In SAP Accounting powered by SAP HANA only new Asset Accounting is available with new General Ledger Accounting. For you to be able to use new Asset Accounting, you need to have activated and set up the General Ledger Accounting FI-GL New application component. As of SAP Accounting powered by SAP HANA 1.0, you can use the new functions for postings both for the ledger approach and for the accounts approach. In a new Asset Accounting posting transaction, the system creates a document for each accounting principle in the general ledger.

New Asset Accounting powered by SAP S4 HANA. New Asset Accounting is SAP’s latest version of the Asset Accounting module and was introduced in SAP ERP 6.0 Enhancement Pack 7 EHP7. Since then, it has since been optimized for SAP S/4 HANA and S4 HANA Finance. Still, there are many new transactions in new Asset Accounting on SAP S/4 HANA that allow you to choose the accounting principle which you want to post. Ledger Approach. With the ledger approach, you need to have a depreciation area set up in New Asset Accounting for each additional ledger that you are posting to FI and for each currency. New Asset Accounting is part of SAP Accounting powered by SAP HANA. End of the note. Overview of Migration Process. SAP Simple Finance is based on new General Ledger Accounting FI-GL new. If you were using classic General Ledger Accounting until now, the application data for General Ledger Accounting are migrated with the migration. A: Assuming that you are on SAP, it depends whether you have the new GL or not as New GL is a pre-requisite for New Asset Accounting, whether you plan to have additional accounting principles, and whether you are converting to S/4 HANA on-premise or doing a Greenfield implementation, which version you are planning to move to and when.

23/09/2016 · Your system is being switched to SAP Accounting powered by SAP HANA. This the new Asset Accounting is available to you. You have to migrate from the classic Asset Accounting to the new Asset Accounting, or complete the migration of Asset Accounting. Only then is it possible for you to post in Asset Accounting again. 27/07/2015 · With SAP Enhancement Package 7, a new functionality is available in Asset Accounting to manage Parallel Valuations. The following document contains information about use of this functionality for a new implementation customer. In OSS Note 1776828 SAP recommends activation of New Asset. Dear Experts. This following statement is from Help.sap \"I n SAP Accounting powered by SAP HANA only new Asset Accounting is available with new General Ledger Accounting. For you to be able to use new Asset Accounting, you need to have activate. 19/08/2019 · Hi All, I am going to describe / explain about the New Assets Accounting features, along with almost all the configuration steps with screen shots & changes that has come into SAP.

05/02/2017 · S4HANA Finance: New Asset Accounting – Simplified. New Asset Accounting is not really new. It has been available since SAP ECC enhancement pack 6. However, lately it has gained attention because it is a mandatory step to activate New Asset Accounting in the S4HANA Finance or S4HANA migration. It is mandatory. 25/03/2017 · Classic Asset Accounting is mostly transformed automatically into the New Asset Accounting by executing mandatory migration steps related to Asset Accounting. As of release SAP S/4HANA 1809, the BSEG table will no longer be updated with the depreciation run transaction AFAB, AFABN- Refer SAP Note 2383115. 08/09/2017 · SAP New Asset Accounting - Configuration Session 1. 20/08/2016 · Hello Forum, This documnet will give you the detailed explanation of New asset accounting functionalities, configuration and end user screen details, I am hoping that this documnet will give some inputs about new asset accounting in simple finance.

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