After reviewing the merits and situations of adding new depreciation areas into a live system in the previous blog, this one will go through the nuts-and-bolts of executing the transaction. It's demo time!
How to Copy/Insert a New Depreciation Area Into Existing Assets With RAFABNEW (Part 1)
Are all of your depreciation areas correct? Do you trust them to provide the right values (asking the tax group specifically!!!)? Are you implementing a new ledger in the GL? Is this an archiving project? Based on how you answer...
How to Reconcile Fixed Assets to the G/L (Part 4)
The final blog in a series about how to identify, research, and ensure that the fixed asset subledger always ties to the GL.
How to Reconcile Fixed Assets to the G/L (Part 3)
The third installment in the AA-to-GL Reconciliation blog series talks about some other useful SAP programs that can help you get through this issue.
How to Reconcile Fixed Assets to the G/L (Part 2)
Have you found an Asset-to-GL reconciliation issue in your ECC system? How do you confirm it? More importantly, how do you fix it? SAP has some built-in program to assist but there are several more you can download that assist...
How to Reconcile Fixed Assets to the G/L (Part 1)
It's so important that the fixed asset subledger reconciles to the GL. But since they are designed with a subledger-to-ledger relationship, shouldn't they always be in sync? Doesn't SAP have special reconciliation accounts to ensure that they are? Read this...
The Correct Way to Handle Fixed Asset Revaluations in SAP with AR29N (Part 3)
This part of the revaluation blog series on AR29N goes into a specific example of how an asset can be revalued and the values tracked correctly.
Handling US Tax Depreciation in SAP (Part 6): IRS Passenger Vehicles
If you're here then you probably already know about how the IRS has a separate depreciation schedule for passenger vehicles (including electric vehicles). This was referred to as luxury auto depreciation. This blog will show you that it can easily...
The Correct Way to Handle Fixed Asset Revaluations in SAP with AR29N (Part 2)
This second blog in the Asset Revaluation AR29N series covers some specific items on why SAP's solution is the preferred method for asset revaluation.
Handling US Tax Depreciation in SAP (Part 5): Mid-Period and Mid-Quarter Convention
SAP can easily handle US tax depreciation requirements. In this blog, I'll show how the US Mid-Quarter convention works.