What is capitalization in SAP FI-AA - Asset Accounting?

SAP Term: capitalization

• Component: FI-AA

• Component Name: Asset Accounting

• Description: A posting procedure used to enter values as belonging to fixed assets.

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• Key Concepts: 
  Capitalization in SAP FI-AA Asset Accounting is the process of recording an asset in the company’s books. This is done by entering the asset’s cost, depreciation, and other related information into the system. Capitalization is used to track the asset’s value over time and to calculate its depreciation. 
  
  How to use it: 
  In SAP FI-AA Asset Accounting, capitalization is done by entering the asset’s cost, depreciation, and other related information into the system. This information is then used to calculate the asset’s depreciation over time. The system also tracks the asset’s value over time. 
  
  Tips & Tricks: 
  When capitalizing an asset in SAP FI-AA Asset Accounting, it is important to ensure that all of the necessary information is entered accurately. This includes the asset’s cost, depreciation, and other related information. It is also important to ensure that all of this information is up-to-date and accurate. 
  
  Related Information: 
  For more information on capitalization in SAP FI-AA Asset Accounting, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials and step-by-step instructions on how to capitalize an asset in SAP FI-AA Asset Accounting.