This course was created by Michael Management. We are pleased to host this training in our library.
Skill Level Intermediate
- [Oona] Hello. My name is Oona Flanagan and I would like to welcome you to my online training course called Asset Accounting Acquisitions in SAP S/4HANA. This course is aimed at both beginners and intermediates using Fiori but referencing the GUI as well. I'll explain everything from scratch but I go into quite a bit of detail for each operation, so beginners may want to skip parts of the course and come back to them later. As the name implies, the course is about everything related to acquisitions, creating asset master data, posting values to it, and displaying and reporting on the assets. I'll show step-by-step explanation of the fields for most of the apps but in some cases, I'll also demo the flow. Although I already explained roughly what we'd be covering, here's the full agenda. The first section contains an overview on S/4HANA and an introduction to SAP Fiori, along with a quick demo of the Fiori launchpad. If you're familiar with SAP but not S/4HANA, the S/4HANA overview is definitely for you as it explains why S/4HANA came about and what is different. The next section talks about the new asset accounting and the structure, in particular, the differences between classic asset accounting and the new asset accounting in S/4HANA. The next sections go through a number of different Fiori apps related to acquisitions, some with demos. The final section will contain a summary and as usual, the course handouts, which will contain most of the key slides from the lessons. The next few lessons will be all about the master data, how to create, maintain, block and delete an asset master record and how to display it in the Asset Explorer and in the new Fiori app manage fixed assets. There are many ways to acquire an asset and I'll go through a number of them. The simplest method is probably just posting an invoice against an asset. And the most complicated involves purchase requisitions, purchase orders, goods receipts, invoices, assets under construction and settlements. If you're using the asset straightaway, you may post the value directly to the asset as soon as you receive it. But if you're constructing a piece of machinery or building part of a factory, you may want to accumulate the costs on an asset under construction and only settle the cost to the final asset when everything's brought into use. Some of the other areas covered in this course include post capitalization, correcting mistakes by reversals and credit memos, as well as for various display transactions and reports. And of course, there'll be quiz at the end of most sections. This slide is a sneak preview of the asset accounting overview page, which shows a number of KPIs in one app. You can change some of the KPIs by using the dropdown, for example, to see something by cost center or plant, instead of asset class. And you can also drill down to see more detail by double clicking on the KPI card. As you can probably hear, I was born in England, although my father is Irish and my mother is Czech. I'm a qualified accountant and I worked as an accountant for a number of years before becoming first in SAP Finance or FICO consultant and then an S/4HANA consultant. Although I have actually been called an S/4HANA geek on occasion. I've worked on SAP and S/4HANA for over 20 years, mostly on multinational implementation projects, which included everything from scoping out the design, configuring the system, testing, training, documentation, and post-go live support. I'm also the author of five SAP books, two on SAP ERP and three on S/4HANA. My first S/4HANA book was on new asset accounting and I've worked quite a bit with assets. This is my fourth online training course with Micromanagement. My first was about Fiori reports and embedded analytics in SAP S/4HANA. My second course was the first of a series on fixed assets. I started with Legacy Asset Transfers with Fiori and S/4HANA Migration Cockpit. The course after that was Key Aspects of Asset Configuration. And the courses that I'm now doing are all about the different asset accounting operations.