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Intelligent Asset Accounting with SAP S/4HANA Cloud

Welcome to my fourth blog post in the series of Intelligent Technologies for Finance with SAP S/4HANA Cloud. Here is a recap of earlier blog posts in the series of Intelligent Technologies- Intelligent Accounts ReceivableIntelligent Accounts Payable, Intelligent Record to Report.

In this blog post we will see how the traditional Asset Accounting processes which were manual, tedious, time consuming gets automated with innovations in intelligent technologies like SAP Intelligent Robotic Process Automation.

Asset Accounting processes

  1. Update Asset master
  2. Asset Acquisition
  3. Asset Transfer within company code
  4. Asset Transfer across company code
  5. Asset Retirement
  6. Asset Retirement by Scrapping

 

What’s New?

 

SAP Intelligent Robotic Process Automation

With the latest release this month, we get many new standard Bots for Asset Accounting in the Bot store to automate the Asset Accounting process.

Standard Bots

Mass Asset Change Data Master (57O)

The Mass Asset Change Data Master process bot provides an option to mass update the Asset master data into S/4HANA systems. The user fills an Excel input template supported by the bot and keeps such files in a specific folder. The bot will read all input Excel files and uploads the Asset data master in the SAP S/4HANA Cloud system.

Mass Asset Acquisition (Integrated) (4M9)

This bot Automates the Asset Acquisition via the Fiori App Post Acquisition (Integrated AP) – Without Purchase Order in SAP S/4HANA Cloud. It takes mass asset posting data from an Excel file and processes them via the Fiori app. It collects and classifies success and error cases that occur during the process and writes the identified results back into the Excel file. The user can easily review all results after the bot has finished processing.

Mass Asset Acquisition (Non-Integrated) (4MB)

This bot Automates the Asset Acquisition via the Fiori App Post Acquisition (Non-Integrated) – With Automatic Offsetting Entry in SAP S/4HANA Cloud. It reads assets from an Excel file and processes them via the Fiori app. It collects and classifies success and error cases that occur during the process and writes the identified results back into the Excel file. The user can easily review all results after the bot has finished processing.

Mass Asset Transfer (Across Company Codes) (4MF)

This bot Automates the Asset Transfers Across Company Codes via the Fiori App Post Transfer – Across Company Codes Within the Same Country in SAP S/4HANA Cloud. The bot posts asset transfers across company codes via the Fiori app Post Transfer – Across Company Codes Within the Same Country. It collects and classifies success and error cases that occur during the process and writes the identified results back into an Excel file. The user can easily review all results after the bot has finished processing.

Mass Asset Transfer (Within Company Code) (4NW)

This bot Automates the Asset Transfers Across Company Codes via the Fiori App Post Transfer – Within Company Code in SAP S/4HANA Cloud. It collects and classifies success and error cases that occur during the process and writes the identified results back into an Excel file. The user can easily review all results after the bot has finished processing.

Mass Asset Retirement (Integrated) (4NU)

This bot Automates the Asset Retirement via the Fiori App Post Retirement (Integrated AR) – With Customer in SAP S/4HANA Cloud. It takes masses of asset retirement data from an Excel file and processes the assets via the Fiori app. It collects and classifies success and error cases that occur during the process and writes the identified results back into an Excel file. The user can easily review all results after the bot has finished processing.

Mass Asset Retirement (Non-Integrated) (4MD)

This bot posts asset retirements without customer via the respective Fiori app Post Retirement (Non-Integrated) – Without Customer. It collects and classifies success and error cases that occur during the process and writes the identified results back into an Excel file. The user can easily review all results after the bot has finished processing.

Mass Asset Retirement by Scrapping (4I6)

This bot posts asset retirements by scrapping with no revenue earned via the Fiori app Post Retirement – By Scrapping. It collects and classifies success and error cases that occur during the process and writes the results back into an Excel file. The user can easily review all results after the bot has finished processing. ​

All the standard Bots listed are available Out of the Box in Intelligent RPA Store.

Refer blog post for more details.

Important Highlights of SAP Intelligent Robotic Process Automation 2.0​

Simpler Custom Bot building with No code/low code approach.

Building Bots is more User friendly, even Business Process Experts can easily build Bots with easy drag and drop.

Ability to build Bots through Studio in cloud, orchestrate in cloud & execute wherever customers infrastructure is on premise.

Additionally, now you can monitor the Bots on CALM.

SAP Intelligent RPA 2.0 Automation – Easily automate Outlook and email activities

Additional References –

What’s New in SAP Intelligent Robotic Process Automation with 2105 Release.

SAP Note 2788986 – Release Strategy for SAP Intelligent RPA

Discover SAP Intelligent RPA at SAP TechEd 2020

Try SAP Intelligent RPA for Free: Trial Version | Pre-built Bots

Offerings for Business Transformation as a Service: Rise with SAP

Get started with SAP S/4HANA Intelligent ERP

Learn more: Webinars | Help Portal | openSAP

Explore: Product Information | Successful Use Cases

Exchange knowledge: SAP Community | Q&A | Blog

Do stay tuned with the latest updates in Intelligent Technologies with SAP S/4HANA Cloud.

 

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