New Release: New Fixed Asset Accounting in SAP S/4HANA

Learn more about our latest book release New Fixed Asset Accounting in SAP S/4HANA by Kees van Westerop.

Explore SAP Fixed Asset Accounting module functionality in SAP S/4HANA. Review the complete lifecycle of an asset — from acquisition and construction to retirement.

Identify the differences between “classic” Asset Accounting and the new SAP S/4HANA Asset Accounting. Review organizational setup requirements and learn how to classify assets according to fiscal and company requirements. Clarify how asset-related transactions are posted in the general ledger. Delve into asset master data, including the organizational structure, integration with the general ledger, and the creation and maintenance of asset master data. Identify how to disinvest assets and adjust their values. Find out what options are available for asset depreciation. Learn how to calculate depreciation, how to post in the ledgers according to accounting principles, and how G/L accounts are determined for the postings. Dive into asset reporting functionality, including key tools, as well as depreciation simulation to predict future depreciation costs. Look at migration requirements and considerations. By using practical examples, tips, and SAP Fiori screenshots, this book:

• Describes SAP Fixed Asset Accounting functionality in SAP S/4HANA with SAP Fiori examples
• Explores the complete lifecycle of an asset in SAP
• Identifies differences between classic Fixed Asset Accounting and the new SAP S/4HANA Fixed Asset Accounting
• Examines how Fixed Asset Accounting is integrated with other SAP modules

Author Kees van Westerop has been working as an SAP Financials consultant for more than 30 years, for the last 12 years as an independent consultant.

He has an MSc degree in mathematics, a degree in financial accounting and several SAP certificates.

Kees has worked on many global SAP projects in Europe, USA, and Asia.

These projects covered various industry segments, such as chemicals, electronics, consumer goods, and pharmaceuticals.