Basic Functions of Transactions 

Purpose

The "transactions" component enables you to carry out all accounting transactions that occur during the life of a fixed asset in your organization.

Integration

Asset Accounting is a subsidiary ledger of Financial Accounting, along with Accounts Receivable and Accounts Payable. The Asset Accounting component makes it possible to perform all business transactions that affect fixed assets, in integration with Financial Accounting and other R/3 SAP System components, while at the same time guaranteeing parallel updating to the general ledger and the subsidiary ledger.