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In SAP Accounting powered by SAP HANA only new Asset Accounting is available. There are several preparatory steps before you migrate from classic Asset Accounting to new Asset Accounting: the migration of charts of depreciation and also new Customizing settings. 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 S/4 HAHA 1809 versions. You have been using classic Asset Accounting up to now. You have been using new Asset Accounting up to now, that is you have activated the business function FI-AA, Parallel Valuation FIN_AA_PARALLEL_VAL in SAP enhancement package 7 for SAP ERP 6.0. Functional Overview of New Asset Accounting in S/4HANA. In the development of the new architecture for SAP Financials in S/4HANA, SAP has overhauled the Asset Accounting Solution. In earlier versions of SAP, Asset Accounting was built out as separate sub-modules and integrated with core SAP.

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. In the current set up for fixed assets, there are 2 ledger Ledaing and non ledaing ledger, according to SAP, this scenario can be handle in. new asset accounting by creating a new non leading ledger with the following charecteristics: The fiscal year variant should be the one that is set in the leading ledger and the accounting principle. Preparing for Migrating to New Asset Accounting. To use the new FI-AA module, you must have the SAP General Ledger activated and running in your SAP system. Other than the activation, no configuration is necessary because all the SAP General Ledger scenarios are active by default. The only exceptions are document splitting or adding a ledger. 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. What is ASSET ACCOUNTING? The Asset Accounting FI-AA component is used for managing and supervising fixed assets with the SAP System. In Financial Accounting it serves as a subsidiary ledger to the General Ledger, providing detailed information on transactions involving fixed assets.

Parallel Ledger configuration in classic Asset Accounting Vs New Asset Accounting. Skip to end of metadata. please can you review your current parallel ledger scenario carefully once again and if necessary contact your local SAP consultant for assistance to ensure your customizing is in place correctly. DIFFERENCE WITH NEW ASSET ACCOUNTING. Dear Experts I tried to enable new asset accounting. Initially I have activated prepare Asset Accounting new. Then I tried to check prerequisites for Activating Asset Accounting, then I am trying to Activate Asset Accounting new I am getting the.

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