Audience

Departmental heads, financial analysts, asset managers, accounting supervisors, fixed asset accountants, and accounts payable clerks

Prerequisites

Familiarity with the Windows graphical user interface and the SAP R/3 system; a good knowledge of the accounting and asset management procedures of the student's organization

Course Aim

To enable the student to use the asset management submodule in the R/3 system

Learning Objectives

Describe SAP R/3's asset management submodule. Explain how to create asset master data. Post acquisition costs to an asset. Describe how to make changes to an asset. Explain how to retire an asset. Describe how to use the periodic processing functionality in asset management. Outline the process for generating asset reports.

Topics Covered

Overview - Introducing asset management - The asset management cycle - Depreciation and asset transfer Asset acquisition - Creating asset master records - Posting acquisition costs - Hands-on: Posting an acquisition cost Asset maintenance - Changing asset data - Deleting and blocking an asset - Retirements - Asset transfers - Hands-on: Transferring an asset Periodic processing - Depreciation - Month end - Hands-on: Executing a month-end posting run - Year end Asset inquiry and reporting - Displaying an asset - Creating reports - Hands-on: Creating an asset history report

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