Asset Master Data (SAP Library - Inflation Accounting)

Asset Master Data

Definition

Use

You can assign a revaluation key to all assets that are in a company code for which you have activated Inflation Accounting for Asset Accounting (FI-AA).

To access the revaluation data in the asset master, go to the detail screen of the depreciation area maintenance and choose Data for revaluation.

Master Data Maintenance

When you create a new asset master record, you assign a revaluation key to each real revaluation area.

To exclude an asset from revaluation, you can assign it a revaluation key whose inflation index contains only zero values.

Day-to-Day Activities

If you adjust an asset manually, the system:

Sets the last revaluation date to the last date in the interval in question

Deletes any entry from the Last inflation index field

If any asset has a last revaluation date but not an index, this information tells the Asset Revaluation (Inflation) program that it was last revaluated manually.

Closing

When you come to run the Asset Revaluation (Inflation) program, it revaluates every asset using the information from the revaluation key. Once the batch input session with the asset revaluation amounts has been processed, the system updates the asset's last revaluation date. It also records which inflation index it adjusted the asset with.