CONFIGURATION STEPS IN ASSET ACCOUNTING Step 1 COPY CHART OF DEPECIATION EC08 IMG>Financial Accounting > Asset Accounting >

t; FI-AA Implementation Guide (Simplified Version) > Organizational Structures and Master Data > Copy reference chart of depreciation/depreciation area Step 2 ASSIGN COMPANY CODE TO CHART OF DEPRECIATION OAOB IMG > Financial Accounting > Asset Accounting > FI-AA Implementation Guide (Simplified Version) > Organizational Structures and Master Data > Assign chart of depreciation to company code Step 3 ASSIGN FINANCIAL STATEMENT VERSION TO EVERY DEPRECIATION AREA OAYN IMG >Financial Accounting > Asset Accounting > FI-AA Implementation Guide (Simplified Version) > Organizational Structures and Master Data > Specify statemement version for asset reports Step 4 IDENTIFY YOUR ASSET CLASSES Step 5 IDENTIFY YOUR ACCOUNT DETERMINATION & SCREEN LAYOUT FOR YOUR ASSET CLASSES SPRO IMG > Financial Accounting > Asset Accounting > FI-AA Implementation Guide (Simplified Version) > Organizational Structures and Master Data > Asset Classes > Specify required entries for asset master data Step 6 IDENTIFY YOUR GL ACCOUNTS FOR YOUR ASSET CLASSES Step 7 - DEFINE YOUR NUMBER RANGE AS08 IMG > Financial Accounting > Asset Accounting > Organizational Structures > Asset Classes > Define number range interval Step 8 - DETERMINE DEPRECIATION AREAS IN ASSET CLASSES AND SCREEN LAYOUT A021 IMG > Financial Accounting > Asset Accounting > Master Data > Screen Layout > Define screen layout for asset depreciation areas

OAYZ IMG > Financial Accounting > Asset Accounting > Valuation > Determine depreciation areas in the asset class Step 9 GENERATE ASSET CLASSES FROM GL ACCOUNTS ANKL IMG Financial Accounting > Asset Accounting > FI-AA Implementation Guide (Simplified Version) > Organizational Structures and Master Data > Asset Classes > Generate Asset Classes from G/L Accounts Step 10 COMPLETE DATA FOR ASSET CLASSES SETTING REQUIRED ENTRY FIELDS SPRO IMG > Financial Accounting > Asset Accounting > FI-AA Implementation Guide (Simplified Version) > Organization Structures and Master Data > Asset Classes > Specify requires entries for asset master data OAYZ IMG > Financial Accounting > asset Accounting > FI-AA Implementation Guide (Simplified Version) Organizational Structures and Master Data > Asset Classes > Enter default values in asset classes AO90 IMG > Financial Accounting > Asset Accounting > FI-AA Implementation Guide (Simplified Version) > Organizational Structures and Master Data > Assign additional G/L accounts for transactions/depreciation Step 11 SETTING UP SPECIAL ASSET CLASSES OAYK IMG > Financial Accounting > Asset Accounting > Valuation > Specify max amount for LVA + asset classes > Specify amount for low value assets OAY2 IMG > Financial Accounting > Asset Accounting > Valuation > Specify max amount for LVA + asset classes > Specify LVA asset classes Step 12 SPECIFY INTERVALS AND POSTING RULE OAYR IMG > Financial Accounting > Asset Accounting > FI-AA Implementation Guide (Simplified Version) > Organizational Structures and Master Data > Specify intervals and posting rules

Data transfer from a legacy system is usually the first activity that you need to perform in a new production system after configuration and asset classification.You can either transfer data automatically from a legacy system using any of the following : 1) T-Code :AS91 Before going to AS91 you need to set the Company Code transfer i.e.Goto >IMG >Fin Accounting >Asset Accounting >Asset Data Transfer >Prameters for Data Transfer >Data specifications >Specicfy transfer date/last closed financial year Set the transfer date to 12/31/current year - 1 for your company code (e.g., If the current year is 2003, you will use 12/31/2002 as the base transfer date). Now Goto AS91 IMG Menu Path: >Financial Accounting >Asset Accounting >Asset Data Transfer >Manual Online Transfer >Create/change/display Legacy asset >Create Old Assets >T-Code : AS91 The procedure is the same as in Create asset. In addition, you also have the feature Takeover values where you enter the Acquisition and Production costs and the accumulated depreciation values for the different depreciation areas. A.Enter your asset class field in for your company code B.On the Master Data screen: Enter a description of the old asset. Enter a capitalized date of 01/01/Current year - 2 3

C.Enter business area on the Time Dependent data tab screen D.Click on <Takeover Values> Enter an acquisition value in the Book Depreciation column Enter the following ordinary depreciation values: -Area 01 (Book): your value -Area 10 (Tax): your value E.<Save> F.Display the asset using the Asset Explorer 2.In addition to the manual transaction,there are three more methods for transferring legacy data automatically : a) For large quantity of legacy data through a Batch Input procedure (RAALTD01) b) Very large quantity of legacy data through Direct data import (RAALTD011) c) Several Hundred Assets ,through Transfer with Micrsoft Excel.

1. Check the Transfer date 2. Have the exchange rate defined in the system. The applicable date should be the date on which oldest asset was capitalized and the rate should be same as 31-Dec-2002. This will be applicable only if you have different group currency else forget this step. 3. Close the year 2002 in the asset transaction 4. Reset Reconciliation account in production transfer settings. This is the problem that you are facing. Go to the SPRO transaction, Asset Accounting --> Production Transfer --> Reset Reconcilation account. Here check all the accounts that will be affected (It will be take over value and the accum depreciation) and save. 5. Upload the asset master using the BDC using as91 transaction. 6. Take a report of the takeover value and accumulated depreciation 7. Upload BDC for the account codes of the opening balances. Since the asset accounts are not more recon accounts all the asset related account data will also go through. 8. Compare the values that have been uploaded of account balances and that of the Asset values 9. Set the Recon account to normal. For this, in the production startup in the earlier mentioned spro path, click on the set reconciliation account and run it for all the applicable company codes 10. Run the new year opening in the asset accounting This will solve your problem. Regards, Vikram