FIN_AA_PARALLEL_VAL

[Former Member]

SAP recommends using FI-AA (New) business function. If any one used it, would like to know its benefits and issues, from the perspective of a company uisng USGAAP and just plan to use two other Depreciation Books.

SAP Library - Financial Accounting (FI)

SAP enhancement package 7 SP02 for SAP ERP 6.0

[Former Member]

We did already use the New GL and like the improvements a lot.

I recommend starting with SP04. We did start with SP02 and we had to implement some notes in the beginning. But given the fact that it is complete new logic in asset accounting it runs smoothly.

We have the biggest benefit from the so called 'single sided assets', please see the quote from SAP help:

"Simplified management of goods that are to be capitalized in accordance with one set of accounting ...

Regards,

Steffen

[João_FI_FIN-CS]

Hi,

The issues I didn't know but the there're a lot of benefits, like control of all your assets in one or more depreciation book to many accounting principle. USGAAP is basic one you've many a lot of reports to view your depreciation, types of depreciation if you choose another.

Please try to do a research in the SCN in the discussions, documents, wiki pages, blogs, support notes, all based in the SCN.

JPA