Asset Configuration

Configuration Step 1

Which is used when posting non-taxable transactions to tax-relevant accounts from the Accounting
interface.

As an alternative, it is possible to set an indicator in the G/L account master record which permits transactions
“not relevant to tax" to be posted even without a tax code.

We have to start with the Assign with Nil Tax Input & Output.

T-code for assign nil tax OBCL

Enter the T-code

Click on Position Enter Company Code Assign for Input: V0 & For Output: A0
Configuration Step 2

We have Start Asset configuration with Copying Chart of Depreciation

SPRO Financial Accounting  Asset Accounting  Organizational Structure  Copy Reference Chart
of Depreciation/Depreciation Area.

T-Code for Copy Reference Chart of Depreciation/Depreciation Area EC08

Step 1

Enter with T- code or SPRO Path

Step 2

Enter the Copy Reference Chart of Depreciation.

Step 3

Enter Copy
Step 4

Enter the Basis which want to copy from Chart of Dep

Enter the To Chart of Dep

Step 5

Enter Save After Coped

Enter the Specify Description of Chart of Dep (To enter the long text or Description)
Step 6

Click on Position Enter the Chart of Dep

Enter the Description.

Step 6

Next Enter Copy/Delete Depreciation Area to Which is not required Bcoz Chart of Dep is copy from the
basis so what are the required to Maintain it Which is not required will deleted.

Enter Copy/ Delete Depreciation Area.

Step 7

Enter the Chart of Dep

Step 8

Here we need to select which all not required will be deleted.

Step 9

Delete which are selected.

Press Enter to delete it.

Step 10

Enter the Save button.

Chart of Depreciation is Coped.

Configuration Step 3

Next we will assign the Chart of Dep to Company Code.

SPRO Financial Accounting  Asset Accounting  Organizational Structure  Assign Chart of

Depreciation to Company code.

T-Code for Assign Chart of Depreciation to Company code: OAOB

Step 1

Enter with T- code or SPRO Path

Step 2

Enter the position & Enter your Chart of Dep

Click on Save.

Successfully Assign the Chart Dep to Company code.

Configuration Step 4

Next we have to create the Account Determination Each & Every asset have to create.
Specify Account Determination.

SPRO Financial Accounting  Asset Accounting  Organizational Structure  Asset Class  Specify
Account Determination.

Step 1

Enter into SPRO Pathway

Step 2

Enter the New Entries & Maintain for all assets.

Step 3

Enter the all assets which required

Enter the Account Determination & Name for account determination.

After entering required assets Enter save.

Saved.
Configuration Step 5

Create screen layout rules.

SPRO Financial Accounting  Asset Accounting  Organizational Structure  Asset Class  Create
screen layout rules.

Step 1

Enter From SPRO Path

Step 2
Select which all required & Copy it.

Step 3

Edit it as your required.

Enter save after finishing.

Step 4

Press enter button to save

Screen layout rules saved successfully.

Configuration Step 6

SPRO Financial Accounting  Asset Accounting  Organizational Structure  Asset Class  Define
Number Range Interval.

T-Code for Define Number Range Interval: AS08

Step 1

Enter the pathway or t-code

Step 2

Enter the Company code & Click on Intervals

Step 3

Enter Number, From No & To Number

Need to create for all assets which created already

Step 4

Enter the save Button for saving it

Number Range is saved successfully

Configuration Step 7

SPRO Financial Accounting  Asset Accounting  Organizational Structure  Asset Class  Define
Asset class.
T-Code for Define Asset Class: OAOA

Step 1

Enter the SPRO Path or T-Code.

Step 2

Enter the New Entries

Step 2

Enter the Asset class Code for Which we have already created for Account Determination Land

Enter Description Long & Short text.

Enter in Asset type

Account Determination Code of Land

Enter Screen layout Rule code of Land

Enter Number Assignment

 Assign number range for Land which we have created already in Number range

Inventory Data

Tick on include asset

After Enter all the required fields Press Save.

Step 3

Enter the Asset class Code for Building

Which we have already created for Account Determination For Building

Enter Description Long & Short text.

Enter in Asset type

Account Determination Code of Building

Enter Screen layout Rule code of Building

Enter Number Assignment

Assign number range for Land which we have created already in Number range

Inventory Data

Tick on include asset

After Enter all the required fields Press Save.

Step 4

Enter the Asset class Code for Plant & Machinery Which we have already created for Account
Determination Land

Enter Description Long & Short text.

Enter in Asset type

Account Determination Code of Plant & Machinery

 Enter Screen layout Rule code of Plant & Machinery

Enter Number Assignment

Assign number range for Land which we have created already in Number range

Inventory Data

Tick on include asset

After Enter all the required fields Press Save.

Step 5

Enter the Asset class Code for Furniture & Fixture & Which we have already created for Account
Determination

Enter Description Long & Short text.

Enter in Asset type

Account Determination Code of Furniture & Fixture

Enter Screen layout Rule code of Furniture & Fixture

Enter Number Assignment

Assign number range for Land which we have created already in Number range

Inventory Data

Tick on include asset

After Enter all the required fields Press Save.

Step 6

Enter the Asset class Code for Vehicles Which we have already created for Account Determination

Enter Description Long & Short text.

Enter in Asset type

Account Determination Code of Vehicles

 Enter Screen layout Rule code of Vehicles

Enter Number Assignment

Assign number range for Land which we have created already in Number range

Inventory Data

Tick on include asset

After Enter all the required fields Press Save.

Step 7

Enter the Asset class Code for Capital Working Progress Which we have already created for
Account Determination.

Enter Description Long & Short text.

Enter in Asset type

Account Determination Code of Capital Working Progress

Enter Screen layout Rule code of Capital Working Progress

Enter Number Assignment

Assign number range for Land which we have created already in Number range.
Successfully Saved all assets class.

Configuration Step 8

SPRO Financial Accounting  Asset Accounting Master Data  Screen Layout  Define Screen
layout for Asset Master Data.

Step 1

Enter the SPRO Path

Step 2
Enter Define Screen Layout for Asset Master Data

Step 3

Click the Position & Enter the your screen layout rule

Select Land & Double click on Logical field groups

Step 4

Logical fields will be open

Need to Check 2 fields 2nd Filed Posting information & 3rd filed Time- dependent data

Select the posting information filed & Double click on Field group rules.
 Step 5

Here need to check Capitalization data should be required then Main no , Sub no & Copy should be
ticked

Enter & Save Data.

s
Step 6

Same need to check with 3rd field Time-dependent data

Select on the Time- dependent data filed & Double click on Field Group rules.
Step 7

Here Cost Center should be Required & Main no, sub no & Copy need to be ticked.

Enter & Save the date.

Need to do the same setting for all the remaining assets.

Select Building & double click on Logical field groups.

Posting Information changes
Only capitalization date should be required All three should be ticked.
Change for building

Filed Time-dependent data

Cost center should be required & all three should be ticked.
Change for plant & machinery.
Change for plant & machinery.

Filed Posting information

Capitalization date & all three required

Change for plant & machinery.

Filed Time-dependent data

Cost center & all three required data

Change for Furniture & Fixture.

Filed Posting information

Capitalization date & all three required

Change for Furniture & Fixture.

Filed Time-dependent data

Cost center & all three required data

Change for Vehicles.

Filed Posting information

Capitalization date & all three required

Change for Vehicles.

Filed Time-dependent data

Cost center & all three required data

Change for Capital Work in progress.

Filed Posting information

Capitalization date & all three required

Change for Capital work in progress.

Filed Time-dependent data

Cost center & all three required data

All field rules changed for Screen layout for Asset Master Data.

Configuration Step 9

SPRO Financial Accounting  Asset Accounting Master Data  Screen Layout  Define Screen
layout for Asset Depreciation Area.

T-code Define Screen layout for Asset Depreciation Area: AO21

Step 1
Enter the SPRO Path or T Code AO21

Step 2

Select the 2000 Screen Layout Dep on asset sub-no level & Double click on the Field group rules.
Step 3

Here need make the Depreciation key as Required & Tick on Class, Main no, sub no & copy.

Enter & Save.

Saved successfully Define Screen layout for Asset Depreciation Area.

Note : Land & Capital Work in Progress we will not calculate Depreciation Area.

When we create asset master there is field called capitalization data which we have made required in
the last step

Configuration Step 10
SPRO IMG Path Financial Accounting (New)  Asset Accounting  Valuation  Determine
Depreciation Areas in the Asset Class.

T-code for Determine Depreciation Areas in the Asset Class OAYZ

Step 1

SPRO path or T-Code OAYZ

Step 2

Enter the Chart of Dep

Step 3

Select the Building & Double Click on Depreciation areas.

Step 4

Unclick on only Book depreciation, Enter in layout: 2000, & Enter Depreciation Key know just we enter
IN1 Because still Depreciation key was not created.

For reaming Assets like Plant & Machinery, Furniture & Fixture & Vehicles we need do same setting.
Step 5

Select the Plant & Machinery & Double Click on Depreciation areas.
Step 6

Unclick on only Book depreciation, Enter in layout: 2000, & Enter Depreciation Key know just we enter
IN1 because still Depreciation key was not created.
Step 7

Select the Furniture & Fixture & Double Click on Depreciation areas.
Step 8

Unclick on only Book depreciation, Enter in layout: 2000, & Enter Depreciation Key know just we enter
IN1 because still Depreciation key was not created.
Step 9

Select the Vehicles & Double Click on Depreciation areas.

Step 10

Unclick on only Book depreciation, Enter in layout: 2000, & Enter Depreciation Key know just we enter
IN1 because still Depreciation key was not created.
Saved all Determination Depreciation area in the Asset Class.

Configuration Step 11

Next step should Create GLs in FS00 to Company code

Under Asset GLs: Land account, Building account, Plant & Machinery account, Furniture & Fixture
account, Vehicle’s account & Capital work in progress
Creating step

Type/Description

Account group: Asset

Click on Balance sheet account

Description

Short Text & Long text

Control Data

Account Currency: INR

Recon Account for account type: Assets

Click on Line-item Display

Sort Key: 018

Create/Bank/Interest

Field Status Group: G067

Enter save
Under Liabilities GLs: Accumulated Building account, Accumulated Plant & Machinery account,
Accumulated Furniture & Fixture account & Accumulated Vehicles account.

Only 4 GLs should be created under Liabilities

Creating step

Type/Description

Account group: Liabilities

Click on Balance sheet account

Description

Short Text & Long text

Control Data

Account Currency: INR

Recon Account for account type: Asset

Click on Line-item Display

Sort Key: 018

Create/Bank/Interest

Field Status Group: G067

Enter save

Under Expenses GLs: Depreciation account, Loss on Asset account & Loss on Scrapping asset
account.

Only 3 GLs should be created under Expenses

Creating step

Type/Description

Account group: Expenses

Click on P&L account

Description

Short Text & Long text

Control Data

Account Currency: INR

Click on Line item Display

Sort Key: 018

Create/Bank/Interest

Field Status Group: G001

Enter save

Under Income GLs: Sale on Asset account & Profit on Asset account.

Only 2 GLs should be created under Income.

Creating step

Type/Description

Account group: Income

 Click on P&L account

Description

Short Text & Long text

Control Data

Account Currency: INR

Click on Line item Display

Sort Key: 018

Create/Bank/Interest

Field Status Group: G001

Enter save

15 GLs Created Successfully.

When we assigning GLs for Account Determination for Building & Capital work in Progress should be
assigned only Balance sheet account not for Depreciation except this other assets need to assign to for
both Balance sheet Account & Depreciation.

Configuration Step 12

Assigning of Account for Automatic Posting

SPRO Financial Account Asset Account  Integration with General Ledger Accounting Assign
G/L Accounts

T Code for Assign G/L Accounts: AO90

Step 1

Enter SPRO path or T-code AO90

Step 2
Enter the Chart of Depreciation & Enter

Step 3

Select chart of Depreciation & Double Click on Account Determination

Step 4

Click on Position & Enter Your Account Determination

Step 5

Select the Account Determination & Double Click on Balance Sheet Accounts

Step 6

Assign the GLs which we have created

For Land

Assign GL which we create under Asset: Free hold land

Assign GL which we create under Expenses: Loss of Scrapping Account

Assign GL which we create under Income: Sale of Asset Account

Assign GL which we create under Income: Profit on Asset Account

Assign GL which we create under Expenses: Loss on Asset Account.

Step 7

Assign the GLs which we have created

For Building

Assign GL which we create under Liabilities: Accumulated Depreciation Building Account

Assign GL which we create under Expenses: Depreciation Account

Step 8

Assign the GLs which we have created

For Plant & Machinery Account

Assign GL which we create under Asset: Plant & Machinery Account

Assign GL which we create under Expenses: Loss of Scrapping Account

Assign GL which we create under Income: Sale of Asset Account

Assign GL which we create under Income: Profit on Asset Account

Assign GL which we create under Expenses: Loss on Asset Account

Step 9

Assign the GLs which we have created

For Plant & Machinery Account

Assign GL which we create under Liabilities: Accumulated Depreciation Plant & Machinery Account

Assign GL which we create under Expenses: Depreciation Account

Step 10

Assign the GLs which we have created

For Furniture & Fixture Account

Assign GL which we create under Asset: Furniture & Fixture Account

Assign GL which we create under Expenses: Loss of Scrapping Account

Assign GL which we create under Income: Sale of Asset Account

Assign GL which we create under Income: Profit on Asset Account

Assign GL which we create under Expenses: Loss on Asset Account

Step 11

Assign the GLs which we have created

For Furniture & Fixture Account

Assign GL which we create under Liabilities: Accumulated Depreciation Furniture & Fixture Account

Assign GL which we create under Expenses: Depreciation Account

Step 12

Assign the GLs which we have created

For Vehicles Account

Assign GL which we create under Asset: Vehicles Account

Assign GL which we create under Expenses: Loss of Scrapping Account

Assign GL which we create under Income: Sale of Asset Account

Assign GL which we create under Income: Profit on Asset Account

Assign GL which we create under Expenses: Loss on Asset Account

Step 13

Assign the GLs which we have created

For Vehicles Account

Assign GL which we create under Liabilities: Accumulated Depreciation Vehicles Account

Assign GL which we create under Expenses: Depreciation Account

Step 14

Assign the GLs which we have created

For Capital work on Progress Or Asset under Constriction Account

Assign GL which we create under Asset: CWIP Account

Assign GL which we create under Expenses: Loss of Scrapping Account

Assign GL which we create under Income: Sale of Asset Account

Assign GL which we create under Income: Profit on Asset Account

Assign GL which we create under Expenses: Loss on Asset Account

All GLs assigned for automatic GLs Posting.

Configuration Step 13

Assign No range Intervals 05 for Assets

Step 1

Enter the T-Code FBN1

Select company code & Edit Intervals

Step 2

Enter no range

From No & To No

Enter Save.
Saved Number Range successfully

Configuration Step 14

SPRO Financial AccountingAsset AccountingIntegration with General Ledger AccountingPost

Depreciation to General Ledger AccountingSpecify Intervals and Posting Rules
T- Code for Specify Intervals and Posting Rules OAYR

Step 1

Enter T- code OAYR or pathway

Step 2

Click Position Enter the Company code

Select Company code & Double click on Posting rules
Step 3

Click on period and Method which Monthly posting or which is required

Enter & Save

Configuration Step 15

Specify Account Assignment Types for Account Assignment Objects

Have to Assignment for cost center 2 times

One is for APC Values Posting Another one for Depreciation Run

SPROFinancial Accounting Asset Accounting Integration with General Ledger Accounting

Additional Account Assignment Objects Specify Account Assignment Types for Account Assignment
Objects

T-Code for Specify Account Assignment Types for Account Assignment Objects ACSET

Step 1

Enter T code or SPRO path

Step 2

Click on Position Select your Company code

Select Company code & Depreciation Area

Step 3

Select 1 Book Depreciation & Double click on Account Assignment Object

Step 4

Enter Account Assignment Object: Cost Center

Enter Transaction type text: * for select all fields

Enter Account Assignment Type: APC Values Posting

For Another one

Enter Account Assignment Object: Cost Center

Enter Transaction type text: * for select all fields

Enter Account Assignment Type: Depreciation Run

Enter & Save

Configuration Step 16

SPRO  Financial Accounting Asset Accounting Valuation Amount Specifications (Company

Code/Depreciation Area) Specify Rounding of Net Book Value and/or Depreciation

T-Code for Specify Rounding of Net Book Value and/or Depreciation OAYO

Step 1

Enter the T-Code OAYO or SPRO Path

Step 2

Click on Position & Enter the Company code

Select company code & Double click on Rounding Specifications.

Step 3

Click on Automatically Calculated Depreciation

Enter & Save

Enter Save

Configuration Step 17

To Maintain Depreciation key before that need to create 4 Steps

Define Base Method

Define Declining Balance Method

Define Multilevel Method

Define Period Control Method

Maintain Depreciation Key

The First four step will be assigned in the 5th step & will be assign in Asset master.

Step 1

Define the Base Method

SPRO  Financial Accounting Asset Accounting Depreciation  Value Method Depreciation

Key Calculation Method  Define Base Method

T-Code for Define Base Method

Step 2

The Standard 0014 So no need to create New one

Save it

Step 3

Define Declining-Balance Methods

SPRO  Financial Accounting Asset Accounting Depreciation  Value Method Depreciation

Key Calculation Method  Define Declining-Balance Methods
T-Code for Define Base Method AFAMD

Step 4

The Standard 001 So no need to create New one

Save it
Saved

Step 5

Define Multi-Level Methods

Need to be Created for Both Method Straight Line Method & Written Down value Method

SPRO  Financial Accounting Asset Accounting Depreciation  Value Method Depreciation

Key Calculation Method  Define Multi-Level Methods
T-Code for Define Multi-Level Methods AFAMS

Step 6

Enter New Entries

Step 7

For Straight Line Method

Enter Multilevel Method Code & Description

Select Validity date

Double Click on Levels

Step 8

Enter Acquisition Year, year

Select base value

Enter Percentage

Save
Saved

Step 9

For Witten Down value Method

Enter Multilevel Method Code & Description

Select Validity date

Double Click on Levels

Step 10

Enter Acquisition Year, year

Select base value

Enter Percentage

Save
Saved

Step 11

Maintain Period Control Methods

Need to be Created for Both Method Straight Line Method & Written Down value Method

SPRO  Financial Accounting Asset Accounting Depreciation  Value Method Depreciation

Key Calculation Method  Maintain Period Control Methods

T-Code for Define Multi-Level Methods AFAMP

Step 12

Select Create New Entries

Enter Period Control Method

Enter Description, Acquisitions, subsequent acquisitions, Retirement &Transfer

Step 13

Maintain Depreciation Key

Need to be Create for Both Method Straight Line Method & Written Down value Method
SPRO  Financial Accounting Asset Accounting Depreciation  Value Method Depreciation
Key Maintain Depreciation Key

We

T-Code for Define Multi-Level Methods AFAMA

Step 14

Enter New Entries

Step 15

Enter Depreciation Key & Description

Click on Period Control according to fiscal years

Click on Depreciation to the day

Save & Double click on Assignment of calculation methods

Step 16

Depreciation Type: Ordinary Depreciation

Phase: From the start of Depreciation

Assignment of calculation methods

Assign Standard for Base method: 0014

Assign Standard for Decline Balance method: 001

Assign Created Period control: 006

Assign multilevel method: 5% SLM

Class: Straight line Depreciation (Bcoz We have assigned SLM)

Save the depreciation key for Straight line method

Step 17

Need activate the Depreciation key

Select your dep key & Double click on Activate.

Step 18

Next depreciation key for Written Down Value method

Enter Depreciation Key & Description

Click on Period Control according to fiscal years

Click on Depreciation to the day

Save & Double click on Assignment of calculation methods

Step 19

Depreciation Type: Ordinary Depreciation

Phase: From the start of Depreciation

Assignment of calculation methods

Assign Standard for Base method: 0014

Assign Standard for Decline Balance method: 001

Assign Created Period control: 006

Assign multilevel method: 5% WDV

Class: Written Down Value method Depreciation (Bcoz We have assigned WDV)

Step 20

Need activate the Depreciation key

Select your dep key & Double click on Activate.

Enter & Save

Configuration Step 18

For Field status variant need to make for cost center as optional in Recon account G067

T-Code for Field Status group OBC4

Step 1

Select Position Enter your Field status Variants

Select Field status variant & Double click on Field Status group
Step 2

Click on Position & double click on G067 Reconciliation account

Step 3

Select on Additional account assignments

Step 4

Select Cost Center as optional Enter

Enter & Save it

Master Data Configuration

Cost Center should be created for Master Data

T-code for create Cost center KS01

T-code for Change Cost center KS02

T-code for Display Cost center KS03

T-code for Delete Cost center KS04

T-code for Display Change Cost center KS05

Enter T-Code KS01 to create the cost center

Creating for Finance Department

Creating for Marketing Department.

Save the Data

Creation of Asset Master data

T-code for create Asset AS01

T-code for Change Asset AS02

T-code for Display Asset AS03

T-code for Change Asset AS04

T-code for Block Asset AS05

T-code for Delete Asset AS06

Enter T-Code AS01 for Asset creation.

Step 1

Select the asset class

Enter Company Code & Number of similar assets (for main asset 1 & for sub asset 2)
Step 2

General Data

Enter Description

Enter Capitalization Date

Step 3

Time-Dependent

Enter Cost center

Step 4

Depreciation Area

Select Depreciation Key

Enter Use life of Asset & Product in months

Depreciation Start Date.

Enter Save
Step 4

After saving
Document saved successfully.

Next should be Sub Asset created

Enter T-Code AS11 for Sub Asset creation.

Creation of Sub Asset Master data

T-code for create Asset AS11

T-code for Change Asset AS12

T-code for Display Asset AS13

T-code for Change Asset AS14

T-code for Block Asset AS15

T-code for Delete Asset AS16

Step 1

Select the asset class

Enter Company Code & Number of similar assets (for main asset 1 & for sub asset 2)
Step 2

General Data

Enter Description

Enter Capitalization Date

Step 3

Time-Dependent

Enter Cost center

Step 4

Depreciation Area

Select Depreciation Key

Enter Use life of Asset & Product in months

Depreciation Start Date.

Enter Save
Saved sub asset successfully

Creating asset for assets Plant & Machinery

Asset is created.
As per the requiment need to create the asset I have created for

Furniture & Fixture 1

Sub asset: Furniture & Fixture 1 wood

Vehicles Car 1

Sub Asset: Vehicle service

Next need to Post Vendor invoices for assets which we created

T-code to post vendor invoices: F-90

While posting Enters Vendor invoices

Debit Enter: 70 (asset which we created)

Credit Enter: 31(vendors)

Document Date, company code, Reference

For Credit entry posting key 31 & Select vendor account.

Next screen
Enter amount & Text

Next line item

Posting Key 70, Asset Account & Transaction type: 100

Next Screen

Enter + for Amount & Enter * for Text

Simulate the Document or Shift + F9

Over view the document
Save the Document.
Posted asset purchase successfully

Post the invoice for Purchased assets