Schedule asset accounting jobs app allow you to schedule Depreciation posting run, Recalculate Depreciation and Year end closing asset accounting (Cross company code and ledger) with available option of templates and scheduling options.
Depreciation posting run
User can schedule depreciation posting run with the option provide in Schedule asset accounting jobs. User can select Job template ‘Depreciation Posting Run’ and also Provide the job name for the run. Job can be executed either immediately or we can schedule date and time for the same. There is option to define Recurrence pattern along with way to handle non-working days.
Depreciation Posting Run Job
User must select company code, Fiscal year and Period in order to post depreciation posting and click on schedule button.
Depreciation Posting Run : Parameters
With this option, you can recalculate depreciation of an asset master record. This is required if there are changes to the depreciation key or terms. Any changes to asset useful life and depreciation key results automatically changes to asset master record but it is always recommended to include this as part of month end closing so there will be no difference between GL and Fixed Asset.
User needs to select Accounting principle button if user wanted to run for single Accounting principle. Depreciation radio button needs to select if you want to run depreciation for one depreciation area. If we select, then we need to enter value. User can also select Asset if wanted to run for single asset.
Recalculate Depreciation : Parameters
Year-End Closing Asset Accounting (Cross-Company Code and Ledgers)
With this template, User can run a year end closing as part of periodic run. We need to ensure that all periods depreciation run must be completed and asset under construction must be settled before running this job. Multiple company code and multiple ledgers are supported as part of selection screen.
User can select multiple company codes and multiple ledgers along with Fiscal year needs to be closed. It is always recommended to run first in Test run then Productive run.
Year-End Closing : Parameters
User can see the job log and analyze the error. Year-End Closing Asset Accounting (Cross-Company Code and Ledgers) job will list below possible errors.
Capitalization of asset is pending.
Depreciation run posting has not been completed for all assets and for all periods.
Legacy data transfer status is not completed with error Message no. FAA_CMP030.
Year-End Closing : Possible Error
Below are the steps listed to resolve Close Legacy asset data transfer in S/4HANA Cloud for error Message no. FAA_CMP030 (highlighted above).
Go to app Make Company Code settings to complete legacy data transfer segment.
Select relevant Company Code and Click on legacy data transfer.
Click Edit (Change / Display)
Choose the legacy data transfer segment.
Click on the Highlighted 'Flag' icon "Complete legacy transfer segment
Make Company Code settings
Schedule asset accounting jobs app help user to schedule and run periodic job with immediately or recurrence periodic job. User can also define template and run the job based on templates. This app facilitates scheduling and execution of depreciation posting, recalculation of deprecation and Asset year end closing run.