What Is Sap Asset Accounting
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Asset Accounting (FI-AA) (New) Asset Accounting in the SAP system is used for managing and monitoring fixed assets. In Financial Accounting, it serves as a subsidiary ledger to the general ledger, providing detailed information on transactions involving fixed assets.
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New Asset Accounting: Postings. As of SAP Accounting powered by SAP HANA 1.0 , you can use the new functions for postings both for the ledger approach and for the accounts approach. In a new Asset Accounting posting transaction, the system creates a document for each accounting principle in the general ledger.
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