1.

Fields in Asset master

1. What is asset history check box?

It means once the asset deactivates then you cannot find any transactions relating to the asset in
the report AR01.

SAP comes delivered with country-specific ‘Asset History Sheets,’ which meet the legal
reporting requirements of a specific country. The asset history sheet is an important report that
can be used either as the year-end report or the intermediate report whenever you need it.
Asset history sheets help you to freely define the report layout, headers, and most of the history
sheet items. You may create various versions of the Asset History Sheet: For each of the
versions, you will be able to define various columns according to your requirements:

2. What is asset super number?

The concept of ‘Asset Super Number,’ in FI-AA, is used only for reporting purposes. Here, you
will assign a number of individual assets to a single asset number. By using this methodology,
you will be able to see all the associated assets with the asset super number as a single asset (for
example, brake assembly line) or as individual assets (for example, machinery, equipment in the
brake assembly line).

3. What is time dependent data in asset master?

All the cost accounting assignment-related data such as cost center, internal orders or
investment projects, etc., need to be maintained as ‘Time-dependent Data’ in asset masters.
Additionally, the information related to asset shut-down and shift operation also needs to be
maintained as time dependent. SAP maintains all the time-dependent data for the entire life
span of the assets.

4. What is depreciation area in Asset Master?

In Asset depreciation we can find useful life & depreciation method depreciation rate

5. What is post capitalization in asset master-AS01

Don't use the option Post capitalization on the first screen. This is only for assets capitalized in
old fiscal years

You can have two fiscal years opened in Asset accounting at a time. Having opened year in OAAQ
you can post transaction in back year regarding acquisition of asset. Make use of an appropriate
TT from AO73. Use ABNAN for this.

6. Difference between depreciation and accumulated depreciation

Depreciation

The reduction in the value of a Fixed/ Tangible Assets due to wear and tear.
It is treated as an expense in Income Statement.
Accumulated Depreciation

The total amount of depreciation calculated on a particular asset.

(Without an accumulated depreciation account on the balance sheet, depreciation expense is
usually charged against the relevant asset directly).
APC – Refers to Asset transactions other than depreciation. (Acquisition and Production Cost)