Asset Accounting FI-AA (RE)

Master data

The link between Real Estate objects and an asset is controlled by means of the master data in Asset Accounting. You have to enter the number of the business entity as an asset group number to set up a link.

Editing Master Data: Asset Data

You categorize and structure the objects in to different asset types such as buildings, properties or assets under construction by using asset classes.

Using the asset classes, you control the calculation type for the automatic determination and posting of depreciations, interest and evaluations.

The calculation type for these values is in addition to the legally defined guidelines; it is a customer-specific value range for determining depreciations, calculating interest, insurance values or investment grants. This allows you to define the tax or balance sheet, depreciation and valuation method for internal cost accounting.

Input tax treatment

The entire input tax treatment (German law) of the costs for an asset to be capitalized is settled in Asset Accounting. Special Real Estate correction items are used, necessitating the need for FI-AA.

Document Entry

Special documents with input tax treatment postings specific to Real estate are created.