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RE: [sap-acct] Sap Asset master data

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Posted by Lara Charnock (SAP Specialist)
on Sep 9 at 3:35 AM
Mark this reply as helpfulMark as helpful
Hi

Completely agree with everything said below by Rajan.

The asset is designed to meet accounting requirements - equipment in the plant maintenance module is, however, not. I'm not a PM expert by any stretch of the imagination, but fields like manufacturer, warranty etc are standard on PM equipment. You also have various statuses to indicate what the current position of the equipment is. The CS (customer service) component that is linked to PM may offer you some functionality to track equipment in the way you want. (You can also link an equipment master record to the asset master just for reference purposes.)

Like I said, not my area of expertise but may be worth you posting your requirements in the PM forum.

Regards, Lara

From: PSD Rajan via sap-acct [mailto:sap-acct@Groups.ITtoolbox.com]
Sent: Wednesday, September 08, 2010 5:49 PM
To: Charnock, Lara
Subject: Re: [sap-acct] Sap Asset master data

Posted by PSD Rajan
on Sep 8 at 11:50 AM Mark as helpful


The asset accounting module in SAP is designed to meet the accounting
requirements - acquisition, depreciation, transfers, revaluation,
retirement, etc. It does not support the processes that are tied to the
requirements raised by you nor do they relate to accounting. They are more
in line with life cycle management at individual asset level. There are
other 3rd party products that integrate with SAP FI-AA and meet your
requirements like managing IT Assets.

I would not even create a separate asset master record for each laptop since
there is absolutely no value-add from an accounting perspective. The IT
group would require such information, but SAP FI-AA is not the place. Just
imagine, if the employee to whom the asset is assigned leaves the
organization and the asset is re-assigned to someone else. Who would update
that information in the asset master? Not the asset accountant. If you
allow anyone else to change the master data, how would you ensure that
person does not alter anything else that could have an impact on
accounting? What if the information is not updated? Controls would get
elaborate and messy. I would be very cautious in recommending solutions that
do no fit into the designed process.

That said, you could always use either existing fields or create additional
fields to store additional information and that is what they will remain as
- just information. SAP wouldn't know what to do with that information. If
you can implement an appropriate procedure with adequate controls for
updating the information that could change, you may be able to use the
information. Otherwise, you would be contributing to a state of confusion
the client could avoid by doing nothing in SAP. Bottom line - if you cannot
have controls to ensure data validity, whatever data that is put in would be
suspect, even if valid. Why try to fit a square peg into a round hole?
Technical feasibility does not necessarily mean you could sustain the non
existent process!
On Wed, Sep 8, 2010 at 8:00 AM, wayne_rochon via sap-acct <
sap-acct@groups.ittoolbox.com> wrote:

> Posted by wayne_rochon
> on Sep 8 at 10:04 AM The
> only thing I can think of would to put this info in the Long Text option,
> under the Technical View Long Text. If this is the option you want, you can
> click the button next to the Description field on the general tab.
>
> ---------------Original Message---------------
> From: zunaid hingora
> Sent: Wednesday, September 08, 2010 6:47 AM
> Subject: Sap Asset master data
>
> > Hello team,
> >
> > At the time of creation of asset master data, where is the field where I
> can track asset to whom it is given say laptop. where to put technical
> details of asset and warranty period in asset master data (AS01)
> >
> > Regards.
> > zunaid

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Lara Charnock
SAP Accounting Enthusiast

Contributed 100 posts in a group to earn a Bronze Achievement
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