Skip to Content
Personal Insights
Author's profile photo Raman Rana

Schedule Asset Accounting Jobs

Schedule Asset Accounting Jobs

Introduction

Schedule asset accounting jobs app allow you to schedule Depreciation posting run, Recalculate Depreciation and Year end closing asset accounting (Cross company code and ledger) with available option of templates and scheduling options.

Depreciation posting run

User can schedule depreciation posting run with the option provide in Schedule asset accounting jobs. User can select Job template ‘Depreciation Posting Run’ and also Provide the job name for the run. Job can be executed either immediately or we can schedule date and time for the same. There is option to define Recurrence pattern along with way to handle non-working days.

Depreciation%20Posting%20Run%20Job

Depreciation Posting Run Job

 

User must select company code, Fiscal year and Period in order to post depreciation posting and click on schedule button.

Depreciation%20Posting%20Run%3A%20Parameters

Depreciation Posting Run : Parameters

 

Recalculate Depreciation

With this option, you can recalculate depreciation of an asset master record. This is required if there are changes to the depreciation key or terms. Any changes to asset useful life and depreciation key results automatically changes to asset master record but it is always recommended to include this as part of month end closing so there will be no difference between GL and Fixed Asset.

Recalculate%20Depreciation%20Run

Recalculate Depreciation

 

User needs to select Accounting principle button if user wanted to run for single Accounting principle. Depreciation radio button needs to select if you want to run depreciation for one depreciation area. If we select, then we need to enter value. User can also select Asset if wanted to run for single asset.

Recalculate%20Depreciation%20%3A%20Parameters

Recalculate Depreciation : Parameters

 

Year-End Closing Asset Accounting (Cross-Company Code and Ledgers)

With this template, User can run a year end closing as part of periodic run. We need to ensure that all periods depreciation run must be completed and asset under construction must be settled before running this job. Multiple company code and multiple ledgers are supported as part of selection screen.

Year-End%20Closing

Year-End Closing

 

User can select multiple company codes and multiple ledgers along with Fiscal year needs to be closed. It is always recommended to run first in Test run then Productive run.

Year-End%20Closing%20%3A%20Parameters

Year-End Closing : Parameters

 

User can see the job log and analyze the error. Year-End Closing Asset Accounting (Cross-Company Code and Ledgers) job will list below possible errors.

  1. Capitalization of asset is pending.
  2. Depreciation run posting has not been completed for all assets and for all periods.
  3. Legacy data transfer status is not completed with error Message no. FAA_CMP030.

Year-End%20Closing%20%3A%20Possible%20Error

Year-End Closing : Possible Error

 

Below are the steps listed to resolve Close Legacy asset data transfer in S/4HANA Cloud for error Message no. FAA_CMP030 (highlighted above).

  • Go to app Make Company Code settings to complete legacy data transfer segment.
  • Select relevant Company Code and Click on legacy data transfer.
  • Click Edit (Change / Display)
  • Choose the legacy data transfer segment.
  • Click on the Highlighted ‘Flag’ icon “Complete legacy transfer segment

Make%20Company%20Code%20settings

Make Company Code settings

 

Business Benefits

Schedule asset accounting jobs app help user to schedule and run periodic job with immediately or recurrence periodic job. User can also define template and run the job based on templates. This app facilitates scheduling and execution of depreciation posting, recalculation of deprecation and Asset year end closing run.

Reference SAP Best practice: Scope item J62.

Thanks for reading this blog post. I would like to see your comments and  would like to  answer questions which u can post  at Q&A tag area : https://answers.sap.com/tags/66233466-fcd6-45d2-a9ae-2cba38c72e19

Assigned tags

      Be the first to leave a comment
      You must be Logged on to comment or reply to a post.