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Need for Group asset

Former Member
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Hi Experts

Any body guide me about group assets we have Building, Plant and machinery,vehicles,computer,furniture&fittings

I need to configure seperate asset class for each asset or I can maintain same asset class for all assets

please guide me,

Regards,

Vani

Accepted Solutions (0)

Answers (2)

Answers (2)

Former Member
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Hello,

As a general rule, the system calculates depreciation at the level of individual assets. Certain types of calculation needs or tax requirements (such as in the U.S.A.) make it necessary, however, to calculate depreciation at a higher level. For this purpose, you can group assets in the FI-AA system together into so-called group assets. You can group assets together per depreciation area to form group assets.

Definition: group asset

Asset Accounting (FI-AA)

A combination of a number of assets for the purposes of a common, summarized calculation of depreciation.

A group asset is represented in the SAP System by a separate master

record.

So it is up to your requirement weather you want to go with Group Asset or not.

But the rate of Depreciation is different for asset classes so it is better not to go with Group Asset.

Regards

Ravi

Former Member
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Hi VAni,

U need to create separate Asset Classes for Buildings, MAchinery , Vehicles etcs.

In each asset class u can create assets of similar nature.

regards

jaya

Former Member
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What are the configuration steips for group assets

waiting for the reply.

Regards,

Vani

Former Member
0 Kudos

hi

Use Transaction Code OAYM and OAAX for configuring Group Assets.

Alternatively you can also refer SAP Docs -

help.sap.com/bestpractices/BBLibrary/Documentation/ J10_BB_ConfigGuide_CHEM_EN_IN.doc

Thanks,

Srilakshmi

Former Member
0 Kudos

Hi Experts,

I configure group asset classes for my client, please tell me how to do the testing for group assets and I created asset master also for that after this what to do.

Regards,

Vani