Create New Asset Classes

SAP Menu Path :- IMG >> Financial Accounting >> Asset Accounting >> Organisational Structure >> Asset Classes > Define Asset Classes

Transaction Code : – OAOA

Step 1 : – Enter transaction code OAOA in the sap command field and press enter

Select “New Entries” button

Step 2 : – Update the following information

1. Asset class : – Enter the Asset class 

2. Short text : – Enter description and short test

3. Asset type : – Enter Account determination,  screen layout rule.

4. Number assignment : -Enter the number range no for asset classes

5. Select include asset under inventory data.

6. Select No Auc (Asset under construction) or summary management of AUC

Click on save icon to save the configured data. You have successfully created asset classes.

Click here to go to Next Chapter. 3.7 Determine Depreciation area in the Asset Class