This document provides steps for configuring and using asset accounting in SAP ECC6. It includes instructions for setting up asset classes, charts of depreciation, screen layouts, account determinations, purchasing and selling assets, running depreciation, transferring assets, scrapping assets, and generating asset balance reports. The document is a guide for customizing and using the key features of SAP's fixed asset management module.
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AUC is Asset under construction where some assets are in construction phase and cost needs to
capture through internal order for the time being. Once asset is fully completed then cost would
be transferred to another cost object (E.g. Cost center, Order etc...) and settle with final asset.
E.g. XYZ Company constructing building for their office. While construction many expenses are
attached to it. Till the time it is created we cannot charge it in building account hence we need to
create AUC account where cost will be stored.
Assets under construction (AUC) are a special form of tangible assets. They are usually displayed
as a separate balance sheet item and therefore require a separate account determination and their
own asset classes. During the construction phase of an asset, all actual postings are assigned to the
AUC. Once the asset is completed, a transfer is made to the final fixed asset
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This document consists step by step procedure for configuring enterprise structure for SAP FICO modules.Menu path with transaction code is given with definitions so that independently you can configure
A business requirement may arise making it necessary for you to move Fixed assets from one
company code to another (intercompany assets transfer for Eg: From company code XXX to YYY)
or from one organization unit to another, within the same company code (intracompany transfer).
The end to end process of fixed asset transfers involves configuration settings as well as user
frontend activities.
This posts will discuss the process of intercompany asset transfer end to end. It is assumed that the
reader has, at the very least, a basic knowledge of Asset Accounting. The complete cycle of
intercompany fixed asset transfer will include the below steps:
I. Prerequisites/ Configuration steps: (Asset accounting configuration should be
available in the system, apart from below configurations are required)
1. Creation of GL Accounts
2. Define Transfer Variants
3. Assign G/L Accounts Determination
4. Activate Inter-company postings for Asset document type (AA)
II. Intercompany Asset Transfer Steps (End User):
1. Executing an intercompany asset transfer transaction
2. Display document
3. Cross company code document display
4. Asset explorer
AUC is Asset under construction where some assets are in construction phase and cost needs to
capture through internal order for the time being. Once asset is fully completed then cost would
be transferred to another cost object (E.g. Cost center, Order etc...) and settle with final asset.
E.g. XYZ Company constructing building for their office. While construction many expenses are
attached to it. Till the time it is created we cannot charge it in building account hence we need to
create AUC account where cost will be stored.
Assets under construction (AUC) are a special form of tangible assets. They are usually displayed
as a separate balance sheet item and therefore require a separate account determination and their
own asset classes. During the construction phase of an asset, all actual postings are assigned to the
AUC. Once the asset is completed, a transfer is made to the final fixed asset
SAP FICO Consultant is one of the SAP modules which is in-demand and recognized internationally. SAPALLOnlineTraining offers online SAP FICO Consultant training
This document consists step by step procedure for configuring enterprise structure for SAP FICO modules.Menu path with transaction code is given with definitions so that independently you can configure
A business requirement may arise making it necessary for you to move Fixed assets from one
company code to another (intercompany assets transfer for Eg: From company code XXX to YYY)
or from one organization unit to another, within the same company code (intracompany transfer).
The end to end process of fixed asset transfers involves configuration settings as well as user
frontend activities.
This posts will discuss the process of intercompany asset transfer end to end. It is assumed that the
reader has, at the very least, a basic knowledge of Asset Accounting. The complete cycle of
intercompany fixed asset transfer will include the below steps:
I. Prerequisites/ Configuration steps: (Asset accounting configuration should be
available in the system, apart from below configurations are required)
1. Creation of GL Accounts
2. Define Transfer Variants
3. Assign G/L Accounts Determination
4. Activate Inter-company postings for Asset document type (AA)
II. Intercompany Asset Transfer Steps (End User):
1. Executing an intercompany asset transfer transaction
2. Display document
3. Cross company code document display
4. Asset explorer
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Quarkus Hidden and Forbidden ExtensionsMax Andersen
Quarkus has a vast extension ecosystem and is known for its subsonic and subatomic feature set. Some of these features are not as well known, and some extensions are less talked about, but that does not make them less interesting - quite the opposite.
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In software engineering, the right architecture is essential for robust, scalable platforms. Wix has undergone a pivotal shift from event sourcing to a CRUD-based model for its microservices. This talk will chart the course of this pivotal journey.
Event sourcing, which records state changes as immutable events, provided robust auditing and "time travel" debugging for Wix Stores' microservices. Despite its benefits, the complexity it introduced in state management slowed development. Wix responded by adopting a simpler, unified CRUD model. This talk will explore the challenges of event sourcing and the advantages of Wix's new "CRUD on steroids" approach, which streamlines API integration and domain event management while preserving data integrity and system resilience.
Participants will gain valuable insights into Wix's strategies for ensuring atomicity in database updates and event production, as well as caching, materialization, and performance optimization techniques within a distributed system.
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How to Position Your Globus Data Portal for Success Ten Good PracticesGlobus
Science gateways allow science and engineering communities to access shared data, software, computing services, and instruments. Science gateways have gained a lot of traction in the last twenty years, as evidenced by projects such as the Science Gateways Community Institute (SGCI) and the Center of Excellence on Science Gateways (SGX3) in the US, The Australian Research Data Commons (ARDC) and its platforms in Australia, and the projects around Virtual Research Environments in Europe. A few mature frameworks have evolved with their different strengths and foci and have been taken up by a larger community such as the Globus Data Portal, Hubzero, Tapis, and Galaxy. However, even when gateways are built on successful frameworks, they continue to face the challenges of ongoing maintenance costs and how to meet the ever-expanding needs of the community they serve with enhanced features. It is not uncommon that gateways with compelling use cases are nonetheless unable to get past the prototype phase and become a full production service, or if they do, they don't survive more than a couple of years. While there is no guaranteed pathway to success, it seems likely that for any gateway there is a need for a strong community and/or solid funding streams to create and sustain its success. With over twenty years of examples to draw from, this presentation goes into detail for ten factors common to successful and enduring gateways that effectively serve as best practices for any new or developing gateway.
A Comprehensive Look at Generative AI in Retail App Testing.pdfkalichargn70th171
Traditional software testing methods are being challenged in retail, where customer expectations and technological advancements continually shape the landscape. Enter generative AI—a transformative subset of artificial intelligence technologies poised to revolutionize software testing.
Gamify Your Mind; The Secret Sauce to Delivering Success, Continuously Improv...Shahin Sheidaei
Games are powerful teaching tools, fostering hands-on engagement and fun. But they require careful consideration to succeed. Join me to explore factors in running and selecting games, ensuring they serve as effective teaching tools. Learn to maintain focus on learning objectives while playing, and how to measure the ROI of gaming in education. Discover strategies for pitching gaming to leadership. This session offers insights, tips, and examples for coaches, team leads, and enterprise leaders seeking to teach from simple to complex concepts.
Innovating Inference - Remote Triggering of Large Language Models on HPC Clus...Globus
Large Language Models (LLMs) are currently the center of attention in the tech world, particularly for their potential to advance research. In this presentation, we'll explore a straightforward and effective method for quickly initiating inference runs on supercomputers using the vLLM tool with Globus Compute, specifically on the Polaris system at ALCF. We'll begin by briefly discussing the popularity and applications of LLMs in various fields. Following this, we will introduce the vLLM tool, and explain how it integrates with Globus Compute to efficiently manage LLM operations on Polaris. Attendees will learn the practical aspects of setting up and remotely triggering LLMs from local machines, focusing on ease of use and efficiency. This talk is ideal for researchers and practitioners looking to leverage the power of LLMs in their work, offering a clear guide to harnessing supercomputing resources for quick and effective LLM inference.
We describe the deployment and use of Globus Compute for remote computation. This content is aimed at researchers who wish to compute on remote resources using a unified programming interface, as well as system administrators who will deploy and operate Globus Compute services on their research computing infrastructure.
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Enterprise Resource Planning System includes various modules that reduce any business's workload. Additionally, it organizes the workflows, which drives towards enhancing productivity. Here are a detailed explanation of the ERP modules. Going through the points will help you understand how the software is changing the work dynamics.
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Enhancing Research Orchestration Capabilities at ORNL.pdfGlobus
Cross-facility research orchestration comes with ever-changing constraints regarding the availability and suitability of various compute and data resources. In short, a flexible data and processing fabric is needed to enable the dynamic redirection of data and compute tasks throughout the lifecycle of an experiment. In this talk, we illustrate how we easily leveraged Globus services to instrument the ACE research testbed at the Oak Ridge Leadership Computing Facility with flexible data and task orchestration capabilities.
Top Features to Include in Your Winzo Clone App for Business Growth (4).pptxrickgrimesss22
Discover the essential features to incorporate in your Winzo clone app to boost business growth, enhance user engagement, and drive revenue. Learn how to create a compelling gaming experience that stands out in the competitive market.
Providing Globus Services to Users of JASMIN for Environmental Data AnalysisGlobus
JASMIN is the UK’s high-performance data analysis platform for environmental science, operated by STFC on behalf of the UK Natural Environment Research Council (NERC). In addition to its role in hosting the CEDA Archive (NERC’s long-term repository for climate, atmospheric science & Earth observation data in the UK), JASMIN provides a collaborative platform to a community of around 2,000 scientists in the UK and beyond, providing nearly 400 environmental science projects with working space, compute resources and tools to facilitate their work. High-performance data transfer into and out of JASMIN has always been a key feature, with many scientists bringing model outputs from supercomputers elsewhere in the UK, to analyse against observational or other model data in the CEDA Archive. A growing number of JASMIN users are now realising the benefits of using the Globus service to provide reliable and efficient data movement and other tasks in this and other contexts. Further use cases involve long-distance (intercontinental) transfers to and from JASMIN, and collecting results from a mobile atmospheric radar system, pushing data to JASMIN via a lightweight Globus deployment. We provide details of how Globus fits into our current infrastructure, our experience of the recent migration to GCSv5.4, and of our interest in developing use of the wider ecosystem of Globus services for the benefit of our user community.
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Experience our free, in-depth three-part Tendenci Platform Corporate Membership Management workshop series! In Session 1 on May 14th, 2024, we began with an Introduction and Setup, mastering the configuration of your Corporate Membership Module settings to establish membership types, applications, and more. Then, on May 16th, 2024, in Session 2, we focused on binding individual members to a Corporate Membership and Corporate Reps, teaching you how to add individual members and assign Corporate Representatives to manage dues, renewals, and associated members. Finally, on May 28th, 2024, in Session 3, we covered questions and concerns, addressing any queries or issues you may have.
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2. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
ASSET ACCOUNING
Asset Accounting
The account maintained on fixed assets are called asset accounting
Eg: Depreciation, Appreciation etc...
Here we will maintain accounts related Assets Purchasing, Asset Selling,
Scrapping and Transfer of Assets etc...
Asset Class
It classified the fixed assets according to legal & management
requirements. For each asset class control parameters and default values
can be defined.
Account Determination
It determines the adjust accounts for reconciliation posting between
controlling & finance.
Screen layout
It specify the fields in the master records which is mandatory,
suppress & optional.
Chart of Depreciation
A group of depreciation areas are called chart of depreciation
Depreciation key
It explains in which method depreciation will be calculated
available calculation methods are base method, declaring balance method,
multi-level method, period control method etc...
Depreciation
Calculation of wear & tare of an asset is called depreciation.
3. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Copy Reference Chart of Depreciation/Depreciation Areas EC08
UP to SPRO
Financial Accounting (New)Asset AccountingAsset Accounting (Lean
Implementation) Organizational StructuresCopy Reference Chart of
Depreciation/Depreciation Areas
Select Execute button
Double click on Copy Reference Chart of Depreciation
Select Copy as Button
From chart of dep. 0DE
To chart of dep MSMS
Click enter Again Click enter
Select back arrow one time
Double click on Specify Description of Chart of Depreciation
Select position button
Click Save
Select back arrow one time
Double click on Copy/Delete Depreciation Areas
Click enter
4. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Select (2, 3, 10, 15, 20, 30, 31, 32, 41, 51)
Click on delete
Click save
Assign Chart of Depreciation to Company Code OAOB
UP to SPRO
Financial Accounting (New)Asset AccountingAsset Accounting (Lean
Implementation) Organizational Structures Assign Chart of Depreciation to
Company Code
Select Execute button
Select Position button
Click save
Create Screen Layout Rules
UP to SPRO
Financial Accounting (New) Asset Accounting Organizational Structures
Asset Classes Create Screen Layout Rules
Select Execute button
Select 2000 (General Machinery)
Select Copy as button
Click enter
Click save
Specify Account Determination
UP to SPRO
Financial Accounting (New)Asset Accounting Organizational Structures Asset
Classes Specify Account Determination
Select Execute button
Select New entries button
5. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Click save
Define Number Range Interval AS08
UP to SPRO
Financial Accounting(New)Asset Accounting Organizational Structures Asset
Classes Define Number Range Interval
Select Execute button
Select Change interval button
Select insert interval button
Click save
Define Asset Classes
UP to SPRO
Financial Accounting(New)Asset Accounting Organizational Structures Asset
Classes Define Asset Classes
Select Execute button
Select New Entries button
16. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Assign G/L Accounts AO90
UP to SPRO
Financial Accounting (New) Asset Accounting Integration with the General
Ledger Assign G/L Accounts
Select Execute button
Select Chart of Accounts
Double Click on account determination
Double click on balance sheet accounts
Double click on depreciation
17. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Click save
Set Chart of Depreciation OAPL
UP to SPRO
Financial Accounting (New)Asset Accounting Valuation Set Chart of
Depreciation
Select Execute button
Enter
Determine Depreciation Areas in the Asset Class OAYZ
UP to SPRO
Financial Accounting (New)Asset Accounting Valuation Determine
Depreciation Areas in the Asset Class
Select Execute button
Select Position button
Click enter
Double click on depreciation areas
18. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Click save
Specify Rounding of Net Book Value and/or Depreciation OAYO
Upto SPRO Same path
Financial Accounting (New) Asset AccountingValuationAmount
Specifications (Company Code/Depreciation Area) Specify Rounding of Net Book
Value and/or Depreciation
Select Execute button
Double Click on Rounding specifications
Click save
Define Base Methods
Up to SPRO Same path
19. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Financial Accounting (New) Asset AccountingDepreciationValuation
MethodsDepreciation KeyCalculation MethodsDefine Base Methods
Select Execute button
See that base method 0014
Click save
Define Declining-Balance Methods AFAMD
Up to SPRO Same path
Financial Accounting (New) Asset AccountingDepreciationValuation
MethodsDepreciation KeyCalculation Methods Define Declining-Balance
Methods
Select Execute button
See that 001
Click save
Define Multi-Level Methods AFAMS
Up to SPRO Same path
Financial Accounting (New)Asset AccountingDepreciationValuation
MethodsDepreciation KeyCalculation Methods Define Multi-Level Methods
Select Execute button
Select New Entries button
20. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Double Click on Levels
Select New Entries
Click save
Select Back arrow 2 times
Select Next Entry button
Double Click on Levels
Select New Entries button
Click save
Maintain Period Control Methods AFAMP
21. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Up to SPRO Same path
Financial Accounting (New)Asset AccountingDepreciationValuation
MethodsDepreciation KeyCalculation Methods Maintain Period Control
Methods
Select Execute button
Select New Entries button
Click save
Maintain Depreciation Key AFAMA
Up to SPRO Same path
Financial Accounting (New) Asset AccountingDepreciationValuation
MethodsDepreciation Key Maintain Depreciation Key
Select Execute button
Select New Entries button
Double click on Assignment of Calculation Methods
Select New Entries button
22. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Click save
Select Back arrow 3 times
Select Next Entry button
Double click on Assignment of Calculation Methods
Select New Entries button
Click save
Select Back arrow 5 times
Select 0000, RDM, RSD
23. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Click on Activate button
Click save
Define Screen Layout for Asset Master Data
Up to SPRO Same path
Financial Accounting (New) Asset Accounting Master Data Screen Layout
Define Screen Layout for Asset Master Data
Select Execute button
Double Click on Define Screen Layout for Asset Master Data
Double Click on Logical field groups
Select 2
25. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Click save
Specify Intervals and Posting Rules OAYR
Up to SPRO Same path
Financial Accounting (New) Asset Accounting Integration with the General
Ledger Post Depreciation to General Ledger Accounting Specify Intervals and
Posting Rules
Select Execute button
Double Click on Posting Rules
Click save
26. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Define document type for Asset Posting OBA7
Click on details button
Select Number Range information button
Select Change Interval button
Select Insert interval button
Click enter Click save
Creation of Asset Master data AS01
Accounting Financial Accounting Fixed Assets Asset CreateAsset
Click on Master data button
27. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Select Time Dependent tab
Select depreciation area tab
Click save
Creation of one more Asset (Machinery 2) AS01
Depreciation Key RDM
Creation of Sub Asset AS11
Accounting Financial Accounting Fixed Assets Asset CreateAsset Sub-
NumberAsset
28. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Click on Master data
Click save
Purchase of Asset F-90 (Machinery 1)
Accounting Financial Accounting Fixed Assets Posting Acquisition
External AcquisitionWith Vendor
29. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Click enter
Click enter
Select Document over view button
Click save
Purchase of Asset F-90 (Machinery 2)
Purchase of Asset F-90 (Motor 1)
Asset Explorer AW01N
Accounting Financial Accounting Fixed Assets AssetAsset Explorer
30. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Display of Asset Balance by Business area S_ALR_87011965
Accounting Financial Accounting Fixed Assets Information System Reports
on Asset Accounting Asset Balances Balance Lists Asset Balances by
Business Area
Execute button
Execution of Depreciation Run AFAB
Accounting Financial Accounting Fixed Assets Periodic Processing
Depreciation Run Execute
Goto Program MenuExecute in Background
32. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
It gives the message Background job was schedule for Program RAPOST2000
Goto System ServicesJobsJob Overview
Click on Execute button
It gives the status of Finished.
Sale of Asset F-92
AccountingFinancial AccountingFixed Assets Posting Retirement
Retirement w/RevenueWith Customer
34. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Transfer of Asset ABUMN
AccountingFinancial AccountingFixed Assets Posting Transfer Transfer
within Company Code
Select New Asset
Click on Master data
35. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Click on Additional data
Click on Depreciation areas tab
Click back
Click Enter
Click Save
Display of Asset Balance by Business area S_ALR_87011965
36. Asset Accounting
msndurgaprasd@gmail.com +91 91776 48745
Execute button
Asset Scrapping ABAVN
Accounting Financial Accounting Fixed Assets Posting Retirement Asset
Retirement by Scrapping
Save
Display of Asset Balance by Business area S_ALR_87011965