Skip to content
Serio Consulting
Home
Services
Blog
Clients
About
Contact Us

Tag: FI-AA

cut taxes 2

Handling US Tax Depreciation in SAP (Part 6): IRS Passenger Vehicles

In Depreciation, ECC, Fixed Assets, S/4HANA, SAP Solutions, TaxPosted April 6, 2021

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 be done in SAP.

Tags: AMT, Depreciation, FI-AA, Fixed Assets, MACRS, MCAR, Tax
More
cut taxes 2

Handling US Tax Depreciation in SAP (Part 5): Mid-Period and Mid-Quarter Convention

In Depreciation, ECC, Fixed Assets, S/4HANA, SAP Solutions, TaxPosted March 15, 2021

SAP can easily handle US tax depreciation requirements. In this blog, I'll show how the US Mid-Quarter convention works.

Tags: AMT, Depreciation, FI-AA, Fixed Assets, MACRS, Tax
More
cut taxes 2

Handling US Tax Depreciation in SAP (Part 4): Prior Year Adjustments

In Depreciation, ECC, Fixed Assets, S/4HANA, SAP Solutions, TaxPosted February 9, 2021

For the tax accountants that want to know if they can make prior year asset basis adjustments without impacting the corporate book.

Tags: AMT, Depreciation, FI-AA, Fixed Assets, MACRS, Tax
More
cut taxes 2

Handling US Tax Depreciation in SAP (Part 3): Basis Adjustments

In Depreciation, ECC, Fixed Assets, S/4HANA, SAP Solutions, TaxPosted December 8, 2020

Third part of the blog series covers how tax basis adjustments are made so that the corporate book isn't impacted.

Tags: AMT, Depreciation, FI-AA, Fixed Assets, MACRS, Tax
More
cut taxes 2

Handling US Tax Depreciation in SAP (Part 2): Separate Books

In Depreciation, ECC, Fixed Assets, S/4HANA, SAP Solutions, TaxPosted December 3, 2020

To better understand how SAP Fixed Assets supports US Tax calculations we'll have to review how SAP keeps all of the asset valuations separate.

Tags: AMT, Depreciation, FI-AA, Fixed Assets, MACRS, Tax
More
cut taxes 2

Handling US Tax Depreciation in SAP (Part 1): The Basics

In Depreciation, ECC, Fixed Assets, S/4HANA, SAP Solutions, TaxPosted November 26, 2020

Can SAP Fixed Assets handle the complicated (and ever-changing) rules for US Taxes? Step into this blog series to see what's possible.

Tags: AMT, Depreciation, FI-AA, Fixed Assets, MACRS, Tax
More
depreciation next exit sign

Thoughts on Daily Depreciation (and how to turn it off!)

In Depreciation, Fixed Assets, S/4HANA, SAP SolutionsPosted October 9, 2020

Do you use daily depreciation in SAP Fixed Assets? You shouldn't!

Tags: AA662, Configuration, Custom Solution, Daily Depreciation, Depreciation, FI-AA, Fixed Assets
More
an hourglass

SAP and Leasing (Part 2): FASB Changes the Date for Lease Compliance

In Fixed Assets, Leasing, S/4HANA, SAP SolutionsPosted August 21, 2019

Read this blog for details on the latest changes for lease compliance in SAP.

Tags: ASC 842, FI-AA, Fixed Assets, IFRS 16, Leasing
More
lease word spelled out using Scrabble tiles

SAP and Leasing (Part 1): Changes from IFRS 16 / ASC 842

In Fixed Assets, Leasing, S/4HANA, SAP SolutionsPosted August 12, 2019

SAP's solution regarding leasing is a long one. Read this blog for the introduction on how to tackle this topic area!

Tags: ASC 842, FI-AA, Fixed Assets, IFRS 16, Leasing
More
jigsaw puzzle

S/4HANA New Asset Accounting (Part 6): Should you Migrate in ECC?

In ECC, Fixed Assets, S/4HANA, SAP SolutionsPosted August 10, 2019

At the end of the blog series on SAP's New Asset Accounting solution is a key question... Should you migrate while in ECC or wait until S/4HANA?

Tags: FI-AA, Fixed Assets, NAA, S/4HANA
More

Posts navigation

Older Posts Older Posts
Newer Posts Newer Posts

Categories

  • ARO (4)
  • Depreciation (27)
  • ECC (48)
  • Fixed Assets (57)
  • Investment Management (4)
  • Leasing (3)
  • Legacy Conversion (2)
  • Project Systems (15)
  • S/4HANA (70)
  • S/4HANA Cloud (10)
  • SAP Solutions (80)
  • Tax (25)

Tags

ABST ABST2 AMT Announcement AR29N ARO ASC 842 Capitalized Interest CNMASS CNMASSCREATE CNMASSPROT CNMASSSTATUS Conference Configuration Custom Solution Depreciation ECC FI-AA Fixed Assets GL Group Asset IAA IFRS IFRS 16 IM Integration Intelligent Asset Accounting Leasing MACRS NAA NewDCP New Depreciation Engine Parallel Valuation Project Systems PS Reconciliation Reporting Revaluation S/4HANA S/4HANA Cloud S4CE Simple Projects Simplification Tax UPA

Top Posts

  • S/4HANA New Asset Accounting (Part 5): Technical Changes
  • Mass Maintenance in SAP Project Systems (Part 3): CNMASSCREATE
  • How to Reconcile Fixed Assets to the G/L (Part 3)
  • How to Copy/Insert a New Depreciation Area Into Existing Assets With RAFABNEW (Part 2)
  • How to Reconcile Fixed Assets to the G/L (Part 2)
  • Group Assets: What are They?
  • S/4HANA New Asset Accounting (Part 1): Introduction
  • S/4HANA New Asset Accounting: New Depreciation Posting Program
  • How to Reverse a Depreciation Run in SAP Fixed Assets
  • S/4HANA New Asset Accounting (Part 3): SAP's Asset Parallel Valuation Solution FIN_AA_PARALLEL_VAL

Follow Us

  • X

Have An SAP Finance Problem?

When you're ready to get it done right!
Contact Us
the US flag
Flag of Canada
  • info@serioconsulting.com

12645 Memorial Drive
Suite F1-174
Houston, TX 77024 USA

15 Don Quichotte 101
Suite 605
Ile Perrot, Quebec
J7V 7X4

  • Home
  • Services
  • Blog
  • Clients
  • About

2020 ©. Serio Consulting. All Rights Reserved.