Screen layout rules in the asset master applies to the valuation fields in the depreciation area.
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The plant maintenance component is used for the technical management of asset and the treasury component is used ot manage finincial assets.
One of the main tasks of asset accounting is to represent the asset portfolio in the detailed form of an asset history sheet.
We can use schedule manager in FI-AA to define, schedule,process and control periodically recurring processes.
If there is no gain or loss on the asset retirement, the sales revenue equals to the net book value of the asset.
Asset sales posting can be posted to any revenue account, provided the account fields status is set correctly.
User can define and use their own transaction types for Assets accounting in a SAP R/3 system
An asset under construction requires a separate asset class with their own account determination since depreciation has to be shown separately on the balances sheet.