SAP Asset Accounting
What is SAP Asset Accounting?
SAP Asset Accounting is a submodule of the SAP Financial Accounting (FI) module within SAP ERP that handles the management and supervision of an organization’s fixed assets. The fundamental goal of finance and accounting managers utilizing SAP Asset Accounting (FI-AA) is to track the acquisition, utilization, depreciation, and disposal of assets and determine the exact values of the company’s fixed assets on a given date. This includes everything from purchases and sales, rental income generated by properties owned by companies and other organizations, as well as any repairs, enabling customers to manage their physical assets.
What is SAP Asset Accounting?
SAP Asset Accounting is a submodule of the SAP Financial Accounting (FI) module within SAP ERP that handles the management and supervision of an organization’s fixed assets. The fundamental goal of finance and accounting managers utilizing SAP Asset Accounting (FI-AA) is to track the acquisition, utilization, depreciation, and disposal of assets and determine the exact values of the company’s fixed assets on a given date. This includes everything from purchases and sales, rental income generated by properties owned by companies and other organizations, as well as any repairs, enabling customers to manage their physical assets.
Key capabilities of SAP Asset Accounting include:
- Automated depreciation calculation and reporting
- Segregation of duties between accounting and operations
- Robust security features
- Integration with SAP ERP and other SAP solutions
- Flexible asset valuation
Key Considerations for SAPinsiders
Evaluate needs for parallel reporting in SAP S/4HANA to support SAP Asset Accounting. The new features in SAP S/4HANA Finance significantly change how the FI-AA module must be set up when using local or group reporting to enable reporting with different fiscal year variants.
Consider utilizing SAP Asset Accounting to enable flexible asset valuation. SAP Asset Accounting in SAP S/4HANA Finance makes it easier to track assets and their transactions, so multinational organizations can better understand how much value they have tied up in fixed assets. Charting depreciation supports transaction data at the country level, allowing for complex asset valuation and depreciation processes.
Limit customizations with enhanced SAP Asset Accounting standard functionality in SAP S/4HANA. Maintaining compliance across multiple areas is difficult for any organization and often results in highly customized systems that are costly to maintain. Standard features in SAP Asset Accounting in SAP S/4HANA can help streamline core asset accounting processes, including tax depreciation, and enable comprehensive drill-down capabilities to reduce the need for highly customized reporting or functions.
Fixed asset accounting is an important area of finance — depending on asset cost, companies can potentially save millions or even billions on tax deductions. Many organizations overlook fixed assets accounting, however, and fail to take advantage of these deductions. So how can you get the most out of fixed assets accounting in SAP landscapes? This article explains how you can complement your existing technology with efficient, automated processes and fully benefit from fixed assets accounting.





