Fixed Assets Acquisiton with Supplier: Process and Demo on SAP S4HANA

[@pj12042112]

Hi Abdullah, There is also one very neglected topic in asset accounting and very less information is available.That is Asset Retirement Obligation (ARO).It would be great if you could spend some time and take this challenging topic up in this series.

[@AbdullahGalal]

Wow 4 likes, looks like a great suggestion 😁 I need to explore the topic first. I know what is asset retirement but I've not checked ARO before. Will do my best. remind me again with this suggestion please in my next video in case I forget. it's hard to keep track of all the comments 😁

[@Pedrinhololbr]

Great video, thanks a lot and I am looking forward to see more content about Fixed Assets!

[@AbdullahGalal]

Sure!

[@RA-rh5lb]

As always your teaching method rocks. Always love to watch your videos. Whenever I need to prepare for my interview, I always find your channel is a last-moment study guide and highly helpful. Thank you very much. Highly appreciated all your good work.

[@AbdullahGalal]

Thank you R A! appreciated :)

[@leboss18]

I have to start working on AA part...and your video help me a lot. It's clear. So Merci bro (as u are in Paris now) 🙂

[@AbdullahGalal]

de rien bro, c'est un plaisir 😉

[@Tina-gp4rg]

Fantastic video as always. Thank you so much.

[@AbdullahGalal]

Glad to help :)

[@Travelman.indian]

You are the best teacher abdulla 💓

[@AbdullahGalal]

Thank you 😊

[@Nagyami]

Nice video, please make it continue videos for Asst Accounting.

[@AbdullahGalal]

Thank you, I will

[@snehesh3m]

I agree .. pls make more on assets 😊

[@SagarSharma-of3lo]

Thank you for sharing this information

[@AbdullahGalal]

You're welcome! I'm glad you found the information helpful. If you have any more questions or need further clarification, feel free to ask !

[@Abu-Aley]

Hi Abdallah, Highly appreciated and may u resume the fixed assets sessions please? One of the important suggested topics is uploading fixed assets using LTMC as it is bloody confusing as it contains tons of sheets and fields and many of them r unclear. Thanks a lot, Cheers,

[@AbdullahGalal]

Thank you for the idea of LTMC! I will definetly add this to the list.

[@Abu-Aley]

@@AbdullahGalal Appreciated bro

[@jamelyettou1109]

I believe LTMC is not used anymore for data migration instead it's moved now to Fiori with Data Migration Cockpit app

[@muhammaddanish9149]

Great appreciated sir thanks

[@AbdullahGalal]

Most welcome

[@dearloop1513]

Is there a report by which I can check which asset I have acquired from which vendor?

[@RA-rh5lb]

Hi Abdhullah where does the account determination derive from and what is its rule in the report like fbl3n

[@KatiaRivas-qq8fq]

Hi Abdullah, wondering if you did the video about asset value date? Thanks as always!

[@AbdullahGalal]

Talking only about value date? no, it was covered in the different demos. I understand your point. The usage of value code is not clear. Will see if I can create a video

[@SP-vg8ih]

Thank You

[@gouravbose8105]

Hi Abdullah thanks a lot for sharing this informative Playlist content. However I have a doubt on what is the difference between Asset capitalization date and Asset value date? Also what is the relation between FAA_CMP and asset Master record creation because without maintaining this we cannot create Asset Master record. Thanks for your support

[@AbdullahGalal]

Asset value date: we insert in any asset transaction, and when we do the first asset acquisition this date is copied to the capitalization date in the asset master data as shown in the demo

[@AbdullahGalal]

FAA_CMP is used to close / reopen the fixed asset year, We're not allowed to post to an year that's closed. in this program: You can close a fiscal year for accounting for a ledger or a depreciation area. You can also reopen the fiscal year last closed for one or more depreciation areas.

[@muhammadirsyad8615]

Great video! But I hope you can show the asset accounting line items generated from the posting.

[@AbdullahGalal]

I show only the FI accounting entry in all the videos, too late to change that 😀

[@fariedeltreny7343]

Elsalam aleko abdo. I habe question plz If I want to keep the value of the asset at the end, for example, 1 euro, how can I do that?

[@biswajitbehera6137]

Make video on this scenario our chart of depreciation is IFRA and GAAP that both are different FY so how can i donthat

[@RA-rh5lb]

Could you please make new video on asset acquisition date change for the depreciation calculation as you mentioned in your this video.. thanks

[@akshaykc9806]

100 Transaction type not possible(posting to affiliated company).this error keeps coming sir....please help

[@debarunsinha7347]

Yes I interested to know more about Asset Value Date . Many Thnx Sir.

[@AbdullahGalal]

Welcome

[@gouravbose8105]

Hi Abdullah, one quick question do we need to perform any prerequisite steps after moving all your configuration transport from dev to quality client as the quality client is fresh client because when I execute 'Activate Asset Accounting (New)' showing blank. Your suggestion highly recommendable

[@pj12042112]

Hi Abdullah, Would really appreciate you going into the dates.Also is it possible for an asset period duration to be different than a financial period duration (like in financial accounting 1 period is a month but in asset accounting a period is set as 2 months).Can you please explain how we can achieve this?

[@AbdullahGalal]

Hi Pj, why would that be needed? what's the business case

[@modhinbashashaik7051]

Hi Abdullah, Would really appreciate if you share videos on Asset Value Dates, Deprecation, Asset Retirement and period activities that are performed in Asset Accounting.

[@AbdullahGalal]

Getting there in the next videos!

[@2222sharu]

Sir please give us more explanation regarding the asset value date

[@dearloop1513]

When a tax code is choosen it doesnt calculates the tax.

[@rahulagarwal4]

Sir, Being a SAP Expert, can you explain various financials controls in an entity?

[@AbdullahGalal]

That's a very big request :) What exactly are you looking for? I already covered many controls

[@rahulagarwal4]

@@AbdullahGalal Like the accounting business process flow and its related controls

[@shylar3312]

Please do more vedios on the same

[@AbdullahGalal]

check the playlist ..there are many others