Asset Accounting in SAP Simple Finance | New Asset Accounting Configuration in SAP

#SAP #AssetAccounting #SimpleFinance

What is SAP Asset Accounting? – An Overview
Asset Accounting in SAP FICO can manage all your fixed assets, irrespective of your industry and country. We usually call it a subsidiary ledger of FI.

In addition, SAP has designed Asset accounting to manage the entire lifecycle of fixed assets. It starts with purchasing to retirement or scrapping. Thus, using this we can calculate the depreciation of assets, automatically and manually,. Many also called it Fixed Asset Accounting in SAP.

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