What is intermediate asset in SAP FI-AA - Asset Accounting?

SAP Term: intermediate asset

• Component: FI-AA

• Component Name: Asset Accounting

• Description: In Russia, an asset master record that you post acquisition and production costs to until such time as you capitalize the asset. When you capitalize the asset, you transfer the costs from the intermediate asset to the real asset. You use intermediate assets for fixed assets that you buy from other manufacturers, and for fixed assets that you manufacture yourself assets under construction.

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• Key Concepts: 
  Intermediate asset is a type of asset in SAP Asset Accounting (FI-AA) that is used to represent an asset that is not yet ready for use. It is used to track the progress of an asset from the time it is acquired until it is ready for use. The intermediate asset can be used to track the cost of the asset, as well as any additional costs associated with its preparation for use. 
  
  How to Use It: 
  In SAP Asset Accounting, an intermediate asset can be created by entering the relevant data into the system. This includes the asset number, description, and cost. Once the data has been entered, the intermediate asset can be tracked and monitored in the system. The status of the intermediate asset can be changed from “in progress” to “ready for use” when it is ready to be used. 
  
  Tips & Tricks: 
  When creating an intermediate asset in SAP Asset Accounting, it is important to ensure that all relevant data is entered accurately and completely. This will ensure that the intermediate asset can be tracked and monitored properly. Additionally, it is important to keep track of any additional costs associated with preparing the asset for use, as these costs will need to be accounted for when the asset is ready for use. 
  
  Related Information: 
  For more information on intermediate assets in SAP Asset Accounting, please refer to SAP Help documentation or contact your local SAP support team.