Additional Process Information 
Further closing activities in asset accounting:
This becomes necessary in case of several financial statement versions, when you have to post more than one depreciation area simultaneously to the general ledger, or in case of posting a group depreciation area in a foreign currency to the corresponding group ledger.
The system supports the physical inventory of the assets with a special inventory list. You can find the list in asset accounting in the standard information system (under asset lists). You can adjust structure and sorting of the list to your individual requirements with ABAP/4 standard query.
Primary cost planning in cost accounting requires that you forecast future depreciations. In asset accounting you can therefore determine planned depreciations and interest of any depreciation area periodically and transfer them to cost accounting with a report.
Generally assets that are under construction and assets in in-service phase are reported in different balance sheet items. At the end of the fiscal year such assets are mostly transfered from the under construction to the in-service phase, if possible.
It is possible that the following procedures cannot be repeated completely, because another user might have worked on them before: