Project PACE Implementation

(Salt, Sugar, Agro Sacks, HQ Operations)

Finance and Controlling
Asset Accounting
Agenda
2
Introduction
Course Overview
Finance Overview Training
Key Learning Points
Summary
Competency Assessment
Questions & Answers
3
Agenda
Introduction
Introduction
House Rules
Training Objectives
Course Overview
Finance Overview Training
Key Learning Points
Summary
Competency Assessment
Questions & Answers
4
Name
SBU
Role within Dangote
Role in Project PACE
Expectations


Introduction
5
Cell Phones on
silent
Designated Smoking
Areas
Restrooms
Questions
Emergency Exits
Parking Lot
House Rules
Training Objectives
The objective of this training session is to provide Dangote staff
with the required SAP knowledge to be able to perform their
roles within the business. This course will enable you to:
Understand the Asset Accounting process;
Identify your role within the process;
Identify any changes (system and process) that will affect how you do
your job once Project PACE goes live;
Understand key concepts, terminology and sub-processes related to the
Asset Accounting process;
Perform SAP transactions relevant to your role.
6
Agenda
7
Introduction
Course Overview
Project PACE Training Structure
Course Structure
Key Information
Finance Overview Training
Key Learning Points
Summary
Competency Assessment
Questions & Answers
8
Course Structure
In this course we will be reviewing the following sub-processes
and related SAP transactions:
Fixed Asset Master
Asset Acquisition
Capitalization
Asset Transfer/Disposal
Fixed Asset Period-End Closing
Fixed Asset Year-End Closing
Fixed Asset Reporting

Key Information
Integration with Other Modules
As a result of integration in SAP, the Asset Management module transfers data
directly to and from other SAP components

o It is possible to post from the
Materials Management (MM)
component directly to the Asset
component. E.g. Asset can be
capitalized during logistics invoice
verification.
o At the same time, you can pass
on depreciation directly to the
Financial Accounting (FI) and
Controlling (CO) components
Integration with FI & CO Integration with MM Component
Key Information
10
Create Asset Master
Data
Acquisition of Asset
Perform Asset
transfer/Disposal
Generate/Analyzes
Fixed Asset Reports
Perform Fixed Asset
Year-End Closing
Perform Fixed Asset
Period-End Closing
Capitalization
Asset Accounting Process Overview
Key Information
Create Asset Master
Data
Asset Accounting Process Overview
Fixed Asset Period End Closing
Fixed Asset Reporting
Agenda
12
Introduction
Course Overview
Finance Overview Training
Fixed Asset Master
Asset Acquisition
Capitalization
Asset Transfer/Disposal
Key Learning Points
Summary
Competency Assessment
Questions & Answers
Fixed Asset Period-End Closing
Fixed Asset Year-End Closing
Fixed Asset Reporting

13
Asset Accounting Transactions
We will now review each of the sub-processes within the Asset Accounting
process and the relevant SAP transactions.

For each transaction, the instructor will first perform a demonstration and then
you will have the opportunity for hands-on practice in SAP.

14
Asset Accounting Transaction Training
Agenda
Fixed Asset Master
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
15
Asset Accounting Transaction Training
Agenda
Fixed Asset Master
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
New Terminology
SAP Terminology Description
Depreciation Key Key that determines the depreciation calculation
method of the asset
Asset Value Date In some transactions, e.g. direct acquisition of asset
via Asset Accounting module and asset transfer,
asset value date field should be populated. In
transactions where asset value date cannot be
entered, asset value date is generally defaulted from
posting date. Generally, asset value date determines
depreciation start date. For example, if asset value
date in direct acquisition is a date in the next period,
asset depreciation will only start in the next period.

The following terminology will be introduced as part of the Project PACE

16
17
Asset Accounting Transaction Training
Agenda
Fixed Asset Master
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
18
Chart of Depreciation
Depreciation Area
Used for managing
legal requirements for
depreciattion .

Identifies number of
Depreciation Areas.
Used to calculate
different values in
parallel for different
purposes.
Country Chart of
Depreciation
Depreciation
Area
Country A Chart of
Depreciation A
01 Legal
15 Taxation
30 Local
Country B Chart of
Depreciation B
01 Legal
30 Local
Fixed Asset Master
Key Concepts
A chart of depreciation is used in order to
manage various legal requirements for the
depreciation and valuation of assets. It
determines the number of deprecation areas that
may be used. A company code is assigned to
only one Chart of Depreciation. It is possible to
assign multiple company codes to the same chart
of depreciation
Depreciation area 01 is for legal depreciation
(IFRS). This depreciation area will post values
to the General Ledger (GL) in real time.
Depreciation Area 15 is for Capital Tax
depreciation. This depreciation area will have
no posting to financial books
Depreciation Area 30 is for local GAAP
reporting. It will post depreciation value to a
local ledger (separate from IFRS ledger)
19
Fixed Asset Master
Key Concepts
A chart of depreciation is used in order to
manage various legal requirements for the
depreciation and valuation of assets. It
determines the number of deprecation areas
that may be used. A company code is
assigned to only one Chart of Depreciation. It
is possible to assign multiple company codes
to the same chart of depreciation
Nigeria Chart of Depreciation = 1000

Depreciation area 01 is for legal
depreciation (IFRS). This depreciation area
will post values to the General Ledger (GL)
in real time.
Depreciation Area 15 is for Capital Tax
depreciation. This depreciation area will
have no posting to financial books
Depreciation Area 30 is for local GAAP
reporting. It will post depreciation value to a
local ledger (separate from IFRS ledger)
20
Creation of Asset Master
When asset is received from AUC
- Asset master for the receiving asset in non-AUC asset class needs to be created.

When asset is purchased
- If asset is purchased via purchase order (PO) , the asset master number must be entered in the PO

When there is need to transfer an asset initially created in a wrong asset class
-New asset master in the correct class is created.
When cross company asset transfer needs to take place
- The receiving asset master needs to be created.

This refers to the process of creating, changing, blocking and deleting asset master
data. There is provision for both asset main numbers and asset sub numbers.

Fixed Asset Master
Key Concepts
21
Changing Asset Master

During the life of the fixed asset, certain information, especially time-
dependent information such as cost centre, plant, location, room, shutdown
indicator in the asset master will be changed from time to time.
Lock indicator can also be set in the asset master if no further acquisition
should be posted to the asset.

Master data maintenance roles will only be assigned to the master data team
who will maintain master data (not just Fixed Asset master) in accordance with
MDM governance


Fixed Asset Maintenance
This refers to the process of creating, changing, blocking and deleting asset
master data. Project PACE uses both asset main numbers and asset sub
numbers.

Fixed Asset Master
Key Concepts
22
Asset Class
Asset masters are classified according to asset classes. In Project PACE, asset master main
numbers are 10 digits long and will be in running sequence (i.e. internal numbering). The number
range is dependent on the asset class. All SBUs will use the same asset classes.
Fixed Asset Master
Key Concepts
23
Asset Classes [contd]
Fixed Asset Master
Key Concepts
24
Asset Master
The following are important fields for asset masters in all asset classes in Project PACE.
Field Name Description
Main Asset Number This is system defined according to the asset class selected.
Sub-Asset Number Asset under main asset that is acquired at a later time and would
like to be tracked together. It may have different depreciation key
and useful life from main asset. This field may be utilized to
capitalizing repair costs
Description Line 1 This contains the description of the fixed asset.
License Plate Number
For vehicles, the plate numbers may be captured in this
field. Its an optional field
Evaluation Group 1-3
Values in this fields may be used to group assets for reporting
purpose. Example: Asset Class Motor Vehicles may have Eval Grp
2 for Truck, Sedan, SUV. This is an optional field.
Scrap Value
A scrap value (also called memo value or residual value) of
N10 (Ten naira) will be maintained. This will ensure that
depreciation stops when this value is reached
Fixed Asset Master
Key Concepts
25
Field Name Description
Cost Center This contains the cost center which depreciation expense of the
fixed asset will be charged to.
Plant This contains the plant where the asset is being used. The asset
location setting is tied to plants
Depreciation Key Depreciation key determines the depreciation pattern of the fixed
asset.
Acquisition Date* Asset value date of the first acquisition posting.
Capitalization Date* Asset value date of the first posting that results in the
capitalization of the asset. Since both capitalization date field and
the acquisition date field are set as display only in Project PACE,
both dates will always be the same.
Asset Master
Fixed Asset Master
Key Concepts
* These fields are set as display only in the asset master. This means that these fields cannot be changed in the asset master
and are only updated via transactions.
26
Asset Accounting Transaction Training
Agenda
Fixed Asset Master
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
27
Asset masters are created under the following scenarios:

When asset is purchased:
o If asset is purchased via purchase order, the asset master number must be
entered in the purchase order. If a purchase requisition is raised prior to
purchase order, the asset master number must be entered in the purchase
requisition. The asset master number will be copied over to the purchase
order when the purchase requisition gets converted to a purchase order.
Asset number will mandatory for POs with account assignment of A for
assets.

When asset under construction (AUC) needs to be settled:
o Asset master for the receiving asset in non-AUC asset class needs to be
created.

When cross company asset transfer needs to take place:
o The receiving asset master needs to be created.

Fixed Asset Master
Process Overview
28
Asset Accounting Transaction Training
Agenda
Fixed Asset Master
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
29
Standard rules and guidelines related to Fixed Asset Master are
recommended for proper control and management of data and processes

Rules
Fixed Asset maintenance form should be properly filled up.
Check the asset first if it already exists in the system..
Asset should have a correct asset class.

Guidelines
Guidelines to be followed will be provided by the Master data governance
team
Rules & Guidelines
System Demonstration and Hands On Practice
A system demonstration will be performed
for all the below transactions, followed by
a hands-on practice of the transaction.

AS01 - Create Main Asset
AS02 - Change Individual Asset
AS03 - Display Asset
AW01N - Display Asset Explorer
AS05 - Lock/Unlock Asset
AS06 - Delete Asset
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31
Asset Accounting Transaction Training
Agenda
Fixed Asset Master
Asset Acquisition/Capitalization
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
32
Asset Accounting Transaction Training
Agenda
Fixed Asset Master
Asset Acquisition & Capitalization
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
New Terminology
SAP Terminology Description
Transaction Type
This is the object that classifies the business
transaction (for example: acquisition, retirement, or
transfer), and determines how the transaction is
processed in the SAP system.
The transaction type is the basis for the assignment
of the business transaction to a column in the asset
history sheet. Every transaction type belongs to a
specific transaction type group.
e.g. transaction type for acquisition is 100 External
Asset Acquisition.
Asset Under Construction
An asset that is work in progress and it not ready to
be utilized. Since economic benefits are not yet
being derived from the AUC, depreciation should
not be posted.
The following terminology will be introduced as part of the Project PACE

33
34
Asset Accounting Transaction Training
Agenda
Fixed Asset Master
Asset Acquisition
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
35
This refers to the purchase of fixed asset. Assets may be purchased externally or through
internal construction.
For external purchase a Purchase Requisition / Purchase Order will be raised in MM. For
assets purchased via purchase order, capitalization date will be the goods receipt date and
capitalized amount will be the invoice receipt amount. Alternatively the business may capitalize
when the asset is put to commercial use

o When goods receipt for the fixed asset is posted
Dr AUC
Cr GR/IR
o When the invoice verification is posted, the GR/IR Account is debited and vendor is
credited.
Dr GR/IR
Cr Vendor
o The Final asset master will be created in the appropriate asset class. The final asset here
refers to the asset that the AUC will be settled to
o The AUC will be settled to the final asset. Settlement is the process of transferring the
asset values from the AUC to the final asset

Asset Acquisition
Key Concepts
36
This refers to the process of settling an AUC to its final asset

Before capitalization
Asset master in non-AUC asset classes should be created.
Distribution rule should be maintained.

During capitalization
Perform settlement (Dr Fixed Asset, Cr AUC).
Non-AUC class will be capitalized with asset value date of settlement.
Upon final settlement of the AUC, the AUC must be manually deactivated.

Capitalization
Key Concepts
37
Asset Accounting Transaction Training
Agenda
Fixed Asset Master
Asset Acquisition & Capitalization
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
System Demonstration and Hands On Practice
A system demonstration will be performed for all
the below transactions, followed by a hands-on
practice of the transaction.
Acquisition t-codes in Asset Accounting.
ME53N/ME21N PR/PO (MM)
MIGO GR (MM)
MIRO Invoice Receipt
F-90 Acquisition with Vendor

Capitalization t-codes in Asset Accounting.
AIAB Settlement of AUC Line Item
AIBU Execute Settlement Test Run
AIBU Execute Settlement Run
AIST Reverse Settlement

38
39
Asset Accounting Transaction Training
Agenda
Fixed Asset Master
Asset Acquisition
Capitalization
Asset Transfer/Disposal
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
40
Asset Accounting Transaction Training
Agenda
Fixed Asset Master
Asset Acquisition
Capitalization
Asset Transfer/Disposal
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
41
Asset Accounting Transaction Training
Agenda
Fixed Asset Master
Asset Acquisition
Capitalization
Asset Transfer/Disposal
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
42
This refers to the process of transferring fixed assets between cost centers or between SBUs

Asset Transfer - the system allows:
Complete and partial transfer,
Full asset transfer is typically necessitated when an asset was initially capitalized in the wrong
asset class. Asset master in the correct asset class should first be created and thereafter the
values will be transferred
A common reason for partial transfer is where multiple quantities of assets were capitalized in
one asset master and some of the assets are transferred to another cost centre or plant. For
example, 10 units of laptop were initially capitalized in one asset master with IT cost centre. If 5
units of the laptop need to be transferred to Finance cost centre, a new asset master in the
same asset class will be created and partial transfer will be carried out for 5 units to the new
asset master
The asset transfer function will:
Dr Accum Depreciation account of sending asset
Cr Gross book value account of sending asset
Dr Gross book value account of receiving asset
Cr Accumulated depreciation account of receiving asset


Asset Transfer
Key Concepts
43
Asset Transfer


Asset Transfer
Process
44
This refers to the process of fixed asset disposal
Once an asset has reached the end of its useful life, it needs to be taken off the financial
books. An asset may have reached the end of its useful life if its fully depreciated, lost, stolen,
or if the organisation has decided to sell it. Assets can be scrapped from SAP, in which case
there is no revenue realised from disposing the asset and net book value is treated as an
expense
Alternatively, the asset can be sold for a value either to a known or unknown buyer. When
this is done, revenues from the disposal are posted into the GL and the profit or loss from the
disposal is determined

Asset Retirement - the system allows:
Complete and partial retirement,
Retirement with revenue and without revenue (Scrapping)
Asset Retirement
Key Concepts
45
Asset Retirement without Revenue (Scrapping)
In Project PACE, sometimes asset may be disposed without revenue (i.e. scrapped). If an
asset is scrapped, the net book value at the time of scrapping will be the amount of loss on
disposal.
The scrapping (ABAVN) function will:
Dr Loss on disposal account
Dr Accumulated depreciation account
Cr Gross book value account

Asset Retirement with Revenue
Asset retirement with sale to customer function will post the following entries. Different GL
accounts are used for profit on disposal and loss on disposal [F-92]
Dr Accumulated depreciation account
Dr Customer account
Cr Gross book value account
Dr/Cr Loss/Profit on disposal account (depends on whether the sale
amount is less/ greater than the net book value of the asset)

Asset Transfer/Disposal
Process
46
Asset Disposal
Process
Retire and Dispose of Asset
ASSET TRANSACTIONS PROCESSOR APPROVER ADMIN
Scrap
Post against P&L
Account on sale of
asset
End
Should
Asset
be Sold
OR
Scrapped
Asset is to be
Disposed
Sell
Obtain Approval
to Dispose of
Asset
Scrap Asset
47
Asset Accounting Transaction Training
Agenda
Fixed Asset Master
Asset Acquisition
Capitalization
Asset Transfer/Disposal
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
System Demonstration and Hands On Practice
A system demonstration will be performed
for all the below transactions, followed by
a hands-on practice of the transaction.

ABUMN - Transfer within Company Code
ABT1N Intercompany Transfer of asset
ABAVN - Asset Retirement By Scrapping
F-92 - Asset Retirement from Sale With
Customer
ABAON - Asset Sales w/o Customer
AB02 - Change Asset Document
AB03 - Display Asset Document
AB08 - Reverse Asset Document
48
49
Asset Accounting Transaction Training
Agenda
Fixed Asset Master
Asset Acquisition
Capitalization
Asset Transfer/Disposal
Fixed Asset Period-End Closing
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
50
Asset Accounting Transaction Training
Agenda
Fixed Asset Master
Asset Acquisition
Capitalization
Asset Transfer/Disposal
Fixed Asset Period-End Closing
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
51
Asset Accounting Transaction Training
Agenda
Fixed Asset Master
Asset Acquisition
Capitalization
Asset Transfer/Disposal
Fixed Asset Period-End Closing
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
52
This is a series of activities to be completed prior to closing of period for fixed assets in order
to ensure accurate and timely financial reporting.
Planned Depreciation refers to the periodic depreciation amount calculated by the system
based on the depreciation key and useful life maintained in the asset master
Depreciation will be run on each depreciable asset on a monthly basis. The depreciation key
will be in asset master data and will determine automatic calculation of depreciation for that
asset. Depreciation will not be posted to AUCs, since economic benefits are not yet derived
Depreciation for an asset will commence in the month of asset capitalization. Also, all assets
will be depreciated to residual value of N10. The sap transaction AFAB will be used to post
monthly depreciation. The system will make the following postings
Dr Depreciation Expense Account
Cr Accumulated Depreciation Account
SAP provides standard functionality for Unplanned Depreciation (Transaction ABAA). This
functionality will be used for impairment of assets when necessary - when there is an
unexpected permanent reduction in value of an asset (e.g. as a result of damage). The
unplanned depreciation is treated as expense in P&L


Fixed Asset Period-End Closing
Key Concepts - Depreciation
53
Fixed asset period-end closing consists of a serious of activities. All fixed asset
invoices for the month should be booked and all AUCs which are ready for use
should be settled before carrying out period-end closing activities.

Step Task
1 Generate custom report Locked Cost Centers and Internal Orders. If there are blocked cost
centers, these cost centers should be unblocked before depreciation run to ensure that
depreciation run will not encounter errors. Alternatively, the cost center in the asset master
should be changed to one which is not blocked.
2 Execute Depreciation run.
3 Execute Unplanned depreciation if necessary
4* Execute periodic APC posting program in order to post fixed asset values other than
depreciation (e.g. Acquisitions) from other depreciation areas to GL. (usually only depr Are 01
posts in real time to the GL)
5 Check periodic APC posting
Fixed Asset Period-End Closing
Process
*Scenario: You have done an asset retirement, the system already posted entries to dep area 01- you now need to
post entries to the other depreciation areas
54
Asset Accounting Transaction Training
Agenda
Fixed Asset Master
Asset Acquisition
Capitalization
Asset Transfer/Disposal
Fixed Asset Period-End Closing
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
55
Standard rules and guidelines related to Fixed Asset Period End Closing are
recommended for proper control and management of data and processes

Rules
All Fixed Asset invoices for the period should be booked.
All AuCs which are ready to be utilized should be settled.

Guidelines
N/A.

Rules & Guidelines
56
Asset Accounting Transaction Training
Agenda
Fixed Asset Master
Asset Acquisition
Capitalization
Asset Transfer/Disposal
Fixed Asset Period-End Closing
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
System Demonstration and Hands On Practice
A system demonstration will be performed
for all the below transactions, followed by
a hands-on practice of the transaction.

ZLOCKED - Run locked cost center and
internal order reports
AFAB - Execute Depreciation Run
SM37 - Job Overview
ABAA - Unplanned Depreciation

57
58
Asset Accounting Transaction Training
Agenda
Asset Acquisition
Capitalization
Asset Transfer/Disposal
Fixed Asset Period-End Closing
Fixed Asset Year-End Closing
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
59
Asset Accounting Transaction Training
Agenda
Asset Acquisition
Capitalization
Asset Transfer/Disposal
Fixed Asset Period-End Closing
Fixed Asset Year-End Closing
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
60
Asset Accounting Transaction Training
Agenda
Asset Acquisition
Capitalization
Asset Transfer/Disposal
Fixed Asset Period-End Closing
Fixed Asset Year-End Closing
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
61
A series of activities to be completed prior to fiscal year closing of period for fixed assets in
order to ensure accurate and timely financial reporting.

Fixed Asset Fiscal Year Change
Standard SAP requires new fiscal year to be opened in the Fixed Assets module
before postings can be made to fixed assets in the new fiscal year.
Opening of the new fiscal year also serves to carry forward the fixed asset balances
to the new fiscal year.
The system allows two fiscal years to be opened at any point in time.

Fixed Asset Year End Closing
Closing of fiscal year is necessary to ensure that depreciation values of the closing
fiscal year are not altered.


Fixed Asset Year-End Closing
Key Concepts
62
Fixed asset year-end closing activities should only be carried out after fixed assets period-
end activities have been completed.

The new fiscal year in Fixed Assets module should be open on or before the first day of
the new fiscal year.

In Project PACE, before the fiscal year in Fixed Asset module can be closed, the
reconciliation report in Fixed Assets module should be generated.

If there are any asset GL accounts where the values in Fixed Asset module are different
from the GL, it will be shown in the reconciliation report.

The discrepancies have to be resolved before fiscal year closing is carried out in Fixed
Asset module.

Fixed Asset Year-End Closing
Process
63
Asset Accounting Transaction Training
Agenda
Asset Acquisition
Capitalization
Asset Transfer/Disposal
Fixed Asset Period-End Closing
Fixed Asset Year-End Closing
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
64
Standard rules and guidelines related to Fixed Asset Year End Closing
are
recommended for proper control and management of data and
processes

Rules
Depreciation run for the last period in the fiscal year must be completed before
fixed asset fiscal year can be closed in the system.

Guidelines
N/A.

Rules & Guidelines
65
Asset Accounting Transaction Training
Agenda
Asset Acquisition
Capitalization
Asset Transfer/Disposal
Fixed Asset Period-End Closing
Fixed Asset Year-End Closing
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
System Demonstration and Hands On Practice
A system demonstration will be performed
for all the below transactions, followed by
a hands-on practice of the transaction.

ABST2 Reconciliation FI-AA
AJAB Asset Year-End Closing
AJRW Fiscal Year Change
OAAQ View closed FYs
66
67
Asset Accounting Transaction Training
Agenda
Capitalization
Asset Transfer/Disposal
Fixed Asset Period-End Closing
Fixed Asset Year-End Closing
Fixed Asset Reporting
New Terminology
Key Concepts, Process & Roles
Process Overview
Rules & Guidelines
System Demonstration & Hands-on Practice
68
Asset Accounting Transaction Training
Agenda
Capitalization
Asset Transfer/Disposal
Fixed Asset Period-End Closing
Fixed Asset Year-End Closing
Fixed Asset Reporting
New Terminology
Key Concepts, Process & Roles
Rules & Guidelines
System Demonstration & Hands-on Practice
69
Asset Accounting Transaction Training
Agenda
Capitalization
Asset Transfer/Disposal
Fixed Asset Period-End Closing
Fixed Asset Year-End Closing
Fixed Asset Reporting
New Terminology
Key Concepts, Process & Roles
Rules & Guidelines
System Demonstration & Hands-on Practice
System Demonstration and Hands On Practice
A system demonstration will be performed for
some of the below transactions, followed by a
hands-on practice of the transactions.

S_ALR_87012056 Directory of Unposted Assets
S_ALR_87012037 Changes to Asset Master Records Report
S_ALR_87011979 Physical Inventory List by Cost Center
S_ALR_87011980 Physical Inventory List by Location
S_ALR_87011981 Physical Inventory List by Asset Class
S_ALR_87011981 Physical Inventory List by Plant
S_ALR_87012075 Asset History Report
S_ALR_87011990 Asset History Sheet
S_ALR_87012039 Asset Transactions
S_ALR_87012048 Asset Transactions
S_ALR_87012050 Asset Acquisitions
S_ALR_87012052 Asset Retirements
S_ALR_87012054 Intracompany Asset Transfers
AW01N Display Asset Explorer
S_ALR_87011963 Asset Balances by Asset Number
S_ALR_87011964 Asset Balances by Asset Class
S_ALR_87011965 Asset Balances by Business Area
S_ALR_87011966 Asset Balances by Cost Center
S_ALR_87011967 Asset Balances by Plant
S_ALR_87011968 Asset Balances by Location
70
Check
System Demonstration and Hands On Practice
A system demonstration will be performed
for all the below transactions, followed by
a hands-on practice of the transaction.

S_ALR_87012004 Total Depreciation
S_ALR_87012043 GL Account Balances
S_ALR_87012936 Depreciation on Capitalized Asset
S_ALR_87012026 Depreciation Current Year
S_ALR_87012006 Ordinary Depreciation
S_ALR_87012007 Special Depreciation
S_ALR_87012008 Unplanned Depreciation
S_ALR_87012013 Depreciation Comparison
S_ALR_87010175 Posted Depreciation Related to
Cost Centers
S_ALR_87012035 Depreciation Current Year
71
Agenda
72
Introduction
Course Overview
Finance Overview Training
Key Learning Points
Summary
Competency Assessment
Questions & Answers
Key Learning Points
This is a summary of the key learning points of this training session.
Fixed Asset master data is maintained in SAP, PACE used both the asset main
number and asset sub number.
Retirement of asset is done, SAP standard functionalities had been used (via
scrapping, with customer or without customer).
Fixed Asset Period-End closing is performed before the year-end closing and all
asset transactions, adjustments and depreciation should be booked.
At the end of each year, new fiscal year for fixed assets module should be opened
and all balances for the year should be carried forward for the next year.
Various reports for the Fixed Assets will be generated and analyzed
73
Agenda
74
Introduction
Course Overview
Finance Overview Training
Key Learning Points
Summary
Competency Assessment
Questions & Answers
75
Summary
S/No Discussion Subjects Done
1 Fixed Asset Master Y
2 Asset Acquisition Y
3 Capitalization Y
4 Asset Transfer/Disposal Y
5 Fixed Asset Period-End Closing Y
6 Fixed Asset Year-End Closing Y
7 Fixed Asset Reporting Y
Agenda
76
Introduction
Course Overview
Finance Overview Training
Key Learning Points
Summary
Competency Assessment
Questions & Answers
77 Copyright 2013 Accenture All rights reserved.
All users are now required to complete a Competency Assessment.
<insert instructions on how to complete the competency assessment and
which transactions, by role, the user needs to be assessed on>

Competency Assessment
Agenda
78
Introduction
Course Overview
Finance Overview Training
Key Learning Points
Summary
Competency Assessment
Questions & Answers
79
Questions?
80
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Version Control
81
Sign-off date Business Owner Version
No.
Description / Reason for Change