Describe the T codes step wise in Asset Accounting module.

Step 1 – COPY CHART OF DEPECIATION 

EC08 – IMG>Financial Accounting > Asset Accounting > 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