Asset Accounting
SAP’s enterprise resource planning provides the FI-AA functionality that offers far-reaching
improvements for companies of all sizes and industries.
The Asset Accounting (FIAA) component is used for managing and supervising fixed assets with the
SAP R/3 System. In SAP R/3 Financial Accounting, it serves as a subsidiary ledger to the FI General
Ledger, providing detailed information on transactions involving fixed assets.
Approach
The implementation path to Asset Accounting module varies from customer to customer. We
designed an approach to minimise risks in the implementation project. The standard procedure for
the implementation occurs in five stages.
Stage 1 – Requirements Development
Approximately 2-3 weeks
We work closely with key decision makers in your organisation to determine current business
processes and requirements for future development.
Stage 2 – Blueprint Definition & Planning
Approximately 2-3 weeks
During this stage we work closely with you to create a blueprint of the requirements documented in
Stage 1, and develop a project plan that details key milestones and deliverables.
Stage 3 – Configuration
Approximately 4 weeks
Changes are made to configure the system according to the blueprint prepared at Stage 2.
Stage 4 – Testing
Approximately 4-6 weeks
All your organisation’s business processes are tested to determine how they react to the new asset
accounting module set up. During this process we provide as much support as your business
requires.
Stage 5 – Data Migration
Approximately 6-8 weeks
This is a key phase of the project and the most complex. Data is transferred from the older source
system to the new application and the asset accounting module becomes productive.
Key Features
- Traditional Asset
Accounting
- Processing Leased
Assets
- Preparation for
consolidation
- Information System
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