Asset Account mapping

[Former Member]

Hi,

Can anyone tell me how the asset accounts are mapped to GL recon. account?

Priti

[Former Member · Accepted solution]

In Asset Accounting asset classes will have account determinations. These account deteminations will link the GL accounts to Asset Accounts

Account Determination is the set of GL accounts that must get effected on asset trasactions like Acquisition, Retirement, Depreciaiton, revaluation, unplanned depreciation etc,.

All Asset Balance sheet accounts are to be created as Reconciliatin accounts.E.g. Asset Book Value, Accumulated Depreciation etc,

[former_member601419]

Use tcode AO90

[Former Member]

The version I work on, doesn't have AO90, can you please give me the Menu path? Also can anyone tell me the asset posting steps, incase using a PO and without a PO.

Thank you