AA Flashcards
Define Asset Class
a) Account determination
b) Screen Layout rule
c) Number Range
Assign GL accounts
a) Chart of depreciation
b) Chart of accounts
c) Account determination
d) Depreciation area
Define technical clearing account for integrated asset acquisition
a) Chart of accounts
b) Account ( Balance GL sheet)
Specify Financial Statement Version for assets reports
a) At company code level
b) Defined in Depreciation area
c) Select the financial state version
Prerequistes for settlement for Asset under construction
a) Maitain allocation structures
b) Define / Assign settlement profiles
c) Defined at company code
Asset Data transfer
a) Done through Offsetting account
Activting new AA
a) Run precheck RASFIN_MIGR_PRECHECK
b) Migrate chart of depreciation
c) In preparation
Activate Segment Reporting
a) Profit center and segment fields are included in the asset master record
b) Activate account assignent objects
c) Once it is activated, no longer to desactivate it
d) Its at client level
Specify account assignment types for account assigment objects
a) APC balance sheet posting
b) Account assignment of depreciation
Assignment types are dependent on
a) Company code
b) Depreciation area
c) Transaction type
Fill Master data for segment reporting
a) transaction code FAGL_R_AA_ASSET_UPDT
b) This transaction will update all existing assets with profit center and segment
c) PC and segment is populated indirectly
New depreciation run
a) Journal entry is updated in FI on asset level
b) Period end closing can be performed even if individual errors on assets
c) Selection screen is simplified as the reasons for posting run( planned depreciation, repeat, restart, unplanned posting run) are no longer relevant
To close a fiscal year, you execute the year-end closing program. The
program checks that:
depreciation is posted fully, and there are no assets that contain
errors.
