Tracking your fixed assets is an important part of your company’s overall asset management strategy, and SAP provides standard fields for the most commonly used business data. We also understand how important it is to be able to record information specific to your business. As of SAP S/4HANA Cloud 1705, you can extend the master data for your fixed assets by creating custom fields and implementing them in your business applications and Asset Accounting reports. You can use these custom fields to track anything in Asset Accounting.
This video shows you how easy it is to create a custom field, enable it for specific business contexts, and make it available in UIs and Asset Accounting reports.