1. SAP Glossary
  2. Asset Accounting
  3. on a key date


What is 'on a key date' in SAP FI-AA - Asset Accounting?


on a key date - Overview


on a key date - Details


  • Key Concepts: On a key date in SAP FI-AA Asset Accounting, the system records the value of an asset at a specific point in time. This value is used to calculate depreciation and other financial transactions related to the asset. The key date is usually the end of a fiscal period, such as the end of a month or quarter.
    How to use it: In SAP FI-AA Asset Accounting, the key date is used to determine the value of an asset at a specific point in time. This value is then used to calculate depreciation and other financial transactions related to the asset. To set a key date, go to the Asset Accounting menu and select “Key Date”. Enter the desired date and click “Save”.
    Tips & Tricks: It is important to remember that the key date should be set at the end of a fiscal period, such as the end of a month or quarter. This will ensure that all financial transactions related to the asset are accurately recorded.
    Related Information: For more information on setting key dates in SAP FI-AA Asset Accounting, please refer to SAP Help documentation or contact your local SAP support team.

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