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Data consistency is a major success factor for an efficient and trouble-free system conversion to S/4HANA. Fortunately, SAP has recently rolled out new tools that can be implemented in your ERP system to discover and potentially correct these inconsistencies before a conversion project starts. In my recent blogs S/4HANA_System Conversion_ Finance Data Consistency checks and Finance Consistency Checks: FIN_CORR_MONITOR I described the new tools available to identify inconsistencies in General Ledger data. In November 2020 SAP has now also released new tools to identify data inconsistency problems for Fixed Assets. These new tools enable new transaction codes in your ERP system that can used to execute reports that identify Asset related data inconsistencies.
A key difference between the new General Ledger tools and the Fixed Asset tools is that the Fixed Asset tools do not yet include any capabilities to correct discovered inconsistencies. The lack of an automated self-correction feature is likely due to the complexity of Fixed Asset logic, and there is no current commitment from SAP to deliver such tools for Fixed Assets anytime soon. Therefore after detection of Fixed Asset inconsistencies, project teams will have to identify correction notes or solicit SAP Support’s help for resolution assistance.
How to install and execute the new Fixed Asset Consistency Checks
The new Fixed Asset Consistency Checks consist of two new transaction codes: FIN_AA_CORR_RECON & FIN_AA_CORR_DISPLAY. Both transactions are executed in the source ERP system prior to conversion.
FIN_AA_CORR_RECON checks and analyzes fixed asset data and verifies the preconditions for conversion.
And to display the results run transaction FIN_AA_CORR_DISPLAY
To activate these reports in the ECC system follow SAP note 2896400 – “Reconciliation of Asset Accounting Inconsistencies in ECC prior to S/4HANA Conversion”
In conclusion, Fixed Assets data needs to be identified, analyzed and corrected in ECC system to fulfill the pre-conditions for a System Conversion to S/4HANA. In this blog post you learn about new transaction codes that will help with those activities and guide you during the process.
Hopefully this blog was helpful!
Please add in the comment section any other topics you think are valuable to have included in this blog post.
– Brought to you by the S/4HANA RIG
A key difference between the new General Ledger tools and the Fixed Asset tools is that the Fixed Asset tools do not yet include any capabilities to correct discovered inconsistencies. The lack of an automated self-correction feature is likely due to the complexity of Fixed Asset logic, and there is no current commitment from SAP to deliver such tools for Fixed Assets anytime soon. Therefore after detection of Fixed Asset inconsistencies, project teams will have to identify correction notes or solicit SAP Support’s help for resolution assistance.
How to install and execute the new Fixed Asset Consistency Checks
The new Fixed Asset Consistency Checks consist of two new transaction codes: FIN_AA_CORR_RECON & FIN_AA_CORR_DISPLAY. Both transactions are executed in the source ERP system prior to conversion.
FIN_AA_CORR_RECON checks and analyzes fixed asset data and verifies the preconditions for conversion.
And to display the results run transaction FIN_AA_CORR_DISPLAY
To activate these reports in the ECC system follow SAP note 2896400 – “Reconciliation of Asset Accounting Inconsistencies in ECC prior to S/4HANA Conversion”
In conclusion, Fixed Assets data needs to be identified, analyzed and corrected in ECC system to fulfill the pre-conditions for a System Conversion to S/4HANA. In this blog post you learn about new transaction codes that will help with those activities and guide you during the process.
Hopefully this blog was helpful!
Please add in the comment section any other topics you think are valuable to have included in this blog post.
– Brought to you by the S/4HANA RIG
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