Asset Accounting (FI-AA)
Asset Accounting (FI-AA) Asset Accounting (FI-AA) is a component of the SAP Financial Accounting (FI) module that focuses on managing fixed assets within an organization. It enables the organization to track and manage its assets throughout their entire lifecycle, from acquisition to retirement. Key features and functionalities of the Asset Accounting (FI-AA) module include: 1. Asset Master Data Management: FI-AA allows the creation and maintenance of asset master data, which includes information about fixed assets such as descriptions, acquisition values, useful life, depreciation methods, and other relevant details. This data is used for accurate tracking and recording of asset transactions. 2. Asset Acquisition: The module supports the recording and management of asset acquisitions. It includes functionalities for posting asset acquisitions, including purchase of new assets, capitalization of internally produced assets, asset transfers, and asset valuation adjustments. 3. Depreci