IMPACT OF SAP S/4 HANA FINANCE ON ASSET ACCOUNTING

The below are brief points about the impact of SAP S/4 HANA on traditional asset accounting..

Impacts:

1)    SAP S/4 HANA Finance Asset Accounting will be active by activating business function EA-FIN

2)    In SAP S/4 HANA Finance, we can use both the ledger approach and accounts approach.

3)    With the introduction of S/4 HANA Finance, the actual values of AA will be posted to the table ACDOCA and header details will be posted in BKPF as earlier.

4)    Planned depreciation values will get saved in the table “FAAT_PLAN_VALUES”.

5)    All statistical items will be posted in the table “FAAT_DOC_IT”.

6)    Since the universal table ACDOCA was introduced,

a.     The traditional tables such as ANEK, ANEP and ANEA etc tables are now obsolete.

b.     Reconciliation is not required since the postings directly happen in FI.

c.      Periodic postings are no longer valid.

7)    Depreciation Run:

a.     Significant reduction in time that takes to run the depreciation every month.

b.     The selection screen for the depreciation run has been simplified.

c.      Accounting principle specific posting is possible using new depreciation run.

d.     Elimination of Radio Buttons such as “Planned Run, Repeat, Restart and Unplanned Depreciation”

8)    Change in APC Posting Logic:

a.     Earlier there was one step to post an acquisition to the asset. Now, it is a 2 step process with the introduction of technical clearing account.

                                                              i.      Operational entry: Technical Clearing A/C --- Dr to Vendor A/C

                                                            ii.      Value Entry: Asset A/C ---- Dr to Technical Clearing A/C

9)    Asset Upload during Migration or Cut Over: In traditional finance, there used be only one step to upload the master data and transactional data of asset masters. Now we have 3 steps process for the same

a.     Step 1: Upload only Master Data using the transaction code AS91.

b.     Step 2: Upload Asset Historical Values, Accumulated Depreciation and Depreciation for the year using the transaction code ABLDT.

c.      Step 3: Upload current year acquisitions using the transaction code AB01.

10)    Closing Process:

a.     Elimination of reconciliation steps with the introduction of real time integration with FI.

b.     Planned depreciation values will get updated in real time as on when there is a change in the asset master data.

c.      There will not be any separate carry forward program for the asset accounting since the postings directly happens in ACDOCA. It can be achieved by GL Balance Carry Forward Program.