In this series, I would like to present a bunch of quick 20 Tips related to FI/CO/AA that may come handy to you. I can't claim you will find all of them to be new, but there will be something for everyone, to a great extent and also we can learn by SAP Ariba training
Tip -1
Steps to activate Budget Check for assets (without IM)
- Activate order management in controlling area
- Activate commitment management in controlling area & Order type
- Enable Budgetary control in Internal Order
- Create statistical IO with “Object class – Investment”
- Assign the statistical IO in asset master in the “Origin” Tab – “Investment Order” Field
- Create asset recon account as statistical cost element (Category 90)
- The FSG of asset recon account must allow IO (OBC4)
- Activate the investment order as the additional account assignment object for asset acquisition (ACSET)
- Enter budget for the statistical internal order (KO22)
Tip -2
Settle Production Variances by Cost Component Structure in COPA
- Create PA Transfer Structure with as many assignments as Cost Components in Cost Component Structure
- Choose the Option “Costs / Revenues” in each assignment, instead of “Variances”
- Assign each assignment to a different value field
Traditionally, variances are settled to COPA as per Variance Categories. But this is also an interesting way of doing the Variance Settlement
Tip -3
Track Origin line items of an AUC asset
- Activate “Settlement By Cost Element” in the Allocation Structure
- Assign the Allocation Structure to Settlement Profile of the Internal Order and the Co. Code
- Use Program RAHERK02 to see Origin line items
Tip-4
Display Cost Center Accounting and Internal Order Accounting reports in Multiple Currencies
- Using RPC0 and RPO0 respectively, you can switch between Controlling Area currency and Object Currency (Co. Code Currency)
- These settings are per SAP User
Tip-5
Down Payments in Asset Accounting
- To avoid capitalizing the asset at the time of Down Payment, modify the TTY 180 and remove the check “Capitalize FA”.
- However, once the Asset GR is posted and Asset is capitalized, Depreciation will be calculated on Down Payment amount + Asset Value. This continues till the time Down Payment is cleared
- To avoid these issues, you can avoid updating Down payment in Asset Accounting as below
- Create a new FSG for Vendor recon accounts (OBC4) in which Asset is SUPPRESSED
- Modify Message F5 378 to W (OBA5)
