Parallel Valuation in Realtime

For each asset-related transaction (acquisition, capitalization of assets under construction (AUC), retirement, post-capitalization and so on), the asset values for all posting depreciation areas are updated in realtime. Periodic APC values postings are consequently now only required for special depreciation areas.

Separate Document for each Valuation

Different accounting principles or valuations are represented - as in new General Ledger Accounting – in separate ledgers (for the ledger approach) or in a separate set of accounts (for the accounts approach).

The depreciation areas have equal status. Separate accounting-principle-specific documents are posted for each accounting principle or valuation.

A business transaction created using integration is split by the system into the operational part and the valuating part. A posting is made in each case against a technical clearing account. For the asset acquisition using integration you require a new technical clearing account for integrated asset acquisition; however, for the asset retirement using integration the existing clearing accounts asset retirement with revenue and asset retirement clearing are used. The operational part is posted across accounting principles, the valuating part is posted accounting-principle-specifically.

For more information, see the release note New Asset Accounting: Transactions with Integrated Postings.

Entry of Value Differences for Each Depreciation Area or Accounting Principle (Ledger Group).

Value differences for each accounting principle or depreciation area can be entered in a separate transaction (AB01L) for an asset acquisition, a post-capitalization, and a manual depreciation or write up. This has the following consequences:

Entry of a Business Transaction

Using the appropriate fields, you can restrict the posting to an accounting principle and depreciation areas, or limit it to certain areas using the selection of a depreciation area. The following applies when making entries: The last confirmed entry (restriction) applies for the posting.

In addition, you can adjust the line items of particular depreciation areas for certain transactions using the Change Line Items function. If you have changed basic values (such as for the accounting principle, depreciation areas or the posting amount), the line items are generated again.

A business transaction is always entered in local currency. If you limit the posting to one or more depreciation areas in the same foreign currency, then the entry (and posting) is made in this foreign currency. If you select depreciation areas to which differing foreign currencies are assigned and no depreciation area was selected in local currency, the system issues an error message; you have to enter several postings for a business transaction like this.

Unilateral Assets

Depending on the legal requirements, it may be necessary to manage a fixed asset in one accounting principle (such as local valuation) as an asset, but in a different accounting principle (for example, IFRS) not to manage it as an asset, but post the costs directly to profit and loss instead. You can map these differing capitalization rules in new Asset Accounting using 'unilateral' assets.

Transaction Types

In new Asset Accounting, it is not possible and also not necessary to restrict transaction types to depreciation areas. This is not necessary since, when you enter a transaction, you can restrict it to a depreciation area or accounting principle. In addition, in a posting transaction, you can select the depreciation areas to be posted. This can significantly reduce the number of transaction types that need to be defined in the system.

If you nonetheless have migrated transaction types that are restricted to depreciation areas (table TABWA or view cluster V_TABWA), this is rejected by the system.

Investment support and also revaluation and new valution are an exception:

Post-Capitalization

You enter post-capitalization both gross and net in the same transaction (transaction ABNAL). The system always calculates the depreciation values, meaning in the standard system it assumes that you are entering gross values. If you want to enter the post-capitalization net, you have to specify the net amount in the transaction, and reset the depreciation values in the line items.

Revaluation

A revaluation is always posted accounting principle-specific. The Accounting Principle field in transaction ABAWL is therefore a required entry field.

Partial retirement

With a partial retirement it is no longer possible to adjust the retirement amount manually, for example for cost-accounting areas. Instead you must perform an adjustment posting in an extra step for the cost-accounting area.

Document Display

A business transaction is split (1) into an operational part that creates an accounting-principle-independent or ledger-group-independent document and (2) into a valuating part that creates an accounting-principle-specific/ledger-group-specific document for each valuation. Several documents are posted, therefore. These documents are displayed together in the document display. The system displays the complete business transaction in accordance with a valuation that you have selected.

If a business transaction is not entered in Asset Accounting using integration, then only the valuating documents are posted by the entry. For each valuation that an asset manages, a valuation-specific document is created.

For each valuation, an accounting-principle-specific document is displayed in the document display. The operational document is not linked with the valuating document, and therefore cannot also be displayed.

This document display in Asset Accounting is available in both document simulation and in the document display. You can switch the view between the individual valuations (choose the Change Accounting Principle pushbutton) and between the currency types (choose the Change Display Currency pushbutton).

Asset Explorer

In the navigation area, the depreciation areas of the relevant assignment are displayed grouped according to accounting principles. The accounting principle with the leading ledger ("group view") appears uppermost.

Reconciliation with the General Ledger

For the reconciliation of Asset Accounting with General Ledger Accounting, program Consistency Check of General Ledger and Asset Accounting (RAFABST01) is available in classic Asset Accounting. In new Asset Accounting, this has been replaced by program Consistency Check for FI-AA (New) and FI-GL (New) (FAA_GL_RECON). From transaction ABST (program RFABST01, the system branches to transaction ABSTL (program FAA_GL_RECON); the same applies for the menu option in the SAP Easy Access menu.

BAPIs