Additional Accounts in Asset Accounting 

Use

You can use additional accounts to handle parallel accounting.

Integration

In this scenario you post to the General Ledger Accounting (FI-GL) and Asset Accounting (FI-AA) components.

Features

For each depreciation area that posts values for a parallel accounting principle, you enter its own separate account set for APC and depreciation.

In certain instances you have to add new accounts to the chart of accounts. You have to create these additional accounts in the company code, so that the accounts can be assigned to the depreciation areas. It follows that each additional accounting principle, for which you want to post in General Ledger Accounting, increases the number of accounts needed in Asset Accounting.

Parallel Currencies

If you manage parallel currencies in the company code, you have the following options:

·        Historical management of values:

You set up an additional parallel currency depreciation area for the posting depreciation area. In Customizing for Financial Accounting (New), choose Asset Accounting →Valuation → Depreciation Areas → Define Depreciation Areas.

Valuation in the parallel currency is entered on the assigned G/L accounts and in Asset Accounting, using the historical currency exchange rates of the original posting (for example, the invoice receipt).

·        Management of values related to a key date:

The values of the posting depreciation area are translated into the parallel currency for this area on the key date of the direct or periodic document creation.

For more information, see Parallel Currencies in General Ledger Accounting.

Activities

·        You enter the necessary additional accounts in Customizing for Financial Accounting (New). Choose Asset Accounting → Integration with the General Ledger → Assign G/L Accounts.

·        For each accounting principle, you have to create a new financial statement version based on the additional accounts.