Accountancy, asked by Aakash4023, 1 year ago

How Do You Create An Asset Accounting Company Code?

Answers

Answered by gamerneonchigmailcom
0

Define Company.

Create new company code.

Assign company code to company.

Assign existing chart of accounts to Company code. – OB62.

Maintain Global Parameters for the company code.

Define variants for open posting periods.

Assign variant to company code.

Assign co code to existing credit control area. –

Answered by Vedika25164
0

Hey mate here's your answer

Steps to set up Asset Accounting for a new Company Code

Every time company acquisitions happen, scope could be to have a full functional use of the company in the system or implement only few functionalities (for reporting). In this post, I will explain the steps required to setup Asset Accounting for a new company in existing SAP system.

Company Setup – FI

Define Company.

Create new company code.

Assign company code to company.

Assign existing chart of accounts to Company code. – OB62

Maintain Global Parameters for the company code.

Define variants for open posting periods.

Assign variant to company code.

Assign co code to existing credit control area. – assuming the centralized credit control

Assign co code to existing controlling area.

Define tolerance groups for G/L accounts and employees.

If SPL is active, then assign special ledgers to new co code. – GCB1

Maintain Local posting periods. – GCP1

SPL settings on ledger assignments. – GCL2

Extend substitution and validation rules to new company. – OBBH, OB28

Note: These are few mandatory steps and might not list all the required steps. These steps might vary based on existing customizing settings and functionality.

2. Asset Configuration

Assign Chart of Depreciation to Company Code. – OAOB

Define additional local currencies

Assign input tax indicator for non taxable acquisitions. – OBCL

Maintain Asset no range – AS08

Specify account assignment types for account assignment objects. – ACSET

With out this setting depreciation run would issue an error message.

With this you can start creating assets assuming the new company will be using existing asset classes and depreciation areas.

HOPE this may help you.....If yes then pls mark it as a brainlist answer pls please and follow me

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