The Asset History Sheet report and other FI-AA reports use the transaction type to identify the various kinds of transactions and display them seperately. Ex. where value changes appears

Transaction types are used to identify receivables, accruals and deferrals, and so on

You can define your own transaction types, but SAP provides all necessary transaction types

Every transaction type is assigned to a transaction type group and cannot be changed by individual customers

You can select depreciation areas that appear in an overview tree. This enables you to immediately distinguish between a real depreciation area and a derived depreciaiton area

Display planned value, booked values, and transactions

The tab page Compare allows you to compare the value of your assets with other companies in your industry

You can view information such as company code, main number and subnumber on a selected asset

The tab page Planned Values includes functions for planning values of assets to be purchased

You need two completely different balance sheets and profit and loss (P&L) structures in FI

You represent different valuations on different accounts within the same general ledger. This means that you have to create the same set of accounts again for each parallel valuation

For each valuation, there can be several depreciation areas that posts to the general ledger in real time and manages APC

For each accounting principle or valuation, the system posts the correct values in real time. The values that are posted are always full values and not delta values

One or more depreciation areas represent a valuation. You must assign an accounting principle uniquely to all depreciation areas of a valuation. For each valuation, the accounting principle has to be assigned to a separate ledger group. These ledger groups must always contain the leading ledger as the representative ledger

Not true

Rules regarding valuation: Valuation at capitalization, Capitalization of assets produced in-house (Accounting-principle-specific documents are generated for each valuation. In the case of the ledger approach, these documents are posted to separate ledgers. In the case of the accounts approach, these documents are posted to parallel account sets within the same ledger of General Ledger Accounting), Depreciation (For each depreciation area – that is, for each accounting principle – you define specific depreciation rules, useful life, and so on, in Customizing. The depreciation is then calculated in parallel for each depreciation area using the depreciation rules that you have defined, and is posted separately for each depreciation area. The postings are made either to parallel ledgers or additional accounts, depending on whether you use the ledger approach or the accounts approach)

Rules regarding what values are capitalized: Assets can be capitalized according to some valuation and not according to another valuation, then you are only allowed to manage those depreciation areas in the asset master record in which the asset is actually capitalized

Calculating totals or subtotals across one or more columns within a list

Making pivot tables out of the data

Saving an individual report structure for reuse by using layouts

Deleting and inserting columns

Setting filters to display only those lines that meet certain criteria

Arranging the column values in ascending or descending order

You can use a sort variant in the Asset History sheet and Inventory list only

A sort variant contains up to five sort criteria, which are determined using ABAP dictionary fields

When you post the depreciation

When you define the depreciation areas

Effective life after planned end (with curb)

Depreciation key

Depreciation after planned life end

Discount rate of APC

Interest

Ord. dep. start

Index

Depreciation below net book value zero

For each depreciation area, all the possible tax codes that can be used must be defined

Use a depreciaiton key to which calculation methods for the interest depreciation type are assigned, or define such a key

Allow the calculation of imputed interest for the depreciation area

If the calculation of the interest is based on a replacement value, the indexed interest is calculated

Determine that interest must be posted for the company code and the corresponding depreciation area

Revaluation of APC or accumulated depreciation

Unplanned depreciation or other manually planned depreciation

Intercompany asset transfer

Tax depreciation or allocation and write-off of reserves due to special tax depreciation

Ordinary depreciation, such as book depreciation and cost-account depreciation

Imputed interest

Key figures such as APC, accumulated depreciation and netbook value, gives you an understanding of the asset valuation in detail, for example when unexpected value changes have occured, that may be special depreciation that has been posted for the fixed asset due to an accident

You get a graphical representation of the asset´s life cycle that allows you to quickly get an overview of the asset´s status and adjust the valuation

Display other key characteristics of selected assets, such as asset number, asset class, short description

You can only reach this app from your Fiori app start page

View the life cycle chart to see how the values of your fixed assets are evolving

Missing settings for the depreciation posting cycle in the depreciation area

Missing accounts for depreciation posting

Missing account assignment types in Customizing for FI-AA (You receive the error message as Account xxxx requires an assignment to a CO object )

Incorrect posting period (related to the posting interval entered in Customizing) on the initial screen of the program FAA_DEPRECIATION_POST

Incorrect account assignment objects (for example, a cost center that is locked in CO)

Unavailable depreciation types such as ordinary depreciaiton or tax depreciation

Use the app Asset Balances

Check the Asset History Sheet

Ask a colleague

Modify the query results grid by moving available characteristics to and from the grid axes

Export the query results to Microsoft Excel

Use the SAP standard key figure groups

Display the query results in a grid format

Specify the search criteria using filters

Display the following values for each asset