What is 'posting variant' in SAP FI-AA - Asset Accounting?

posting variant - Overview

• Component: FI-AA

• Component Name: Asset Accounting

• Description: A system object whose purpose it is to ensure that you revaluate your assets at the correct intervals. You define the posting variant in Customizing; when you run the Asset Revaluation Inflation program, the system will only allow you to execute an update run for the dates that you have specified in the posting variant. &EXAMPLE& Assume you have to revaluate your assets at the end of every month. In that case, you would use a posting variant with the dates 31 January, 28 February, 31 March, and so on.

posting variant - Details

• 
  Key Concepts: 
  A posting variant is a set of predefined values that are used to control the way in which postings are made in SAP Asset Accounting. It is used to define the default values for fields such as account assignment, document type, and posting key. It also allows users to define the default values for fields such as cost center, order, and asset class. 
  
  How to use it: 
  Posting variants are used to simplify the process of making postings in SAP Asset Accounting. To use a posting variant, users must first create a posting variant in the system. This can be done by going to the “Posting Variants” tab in the Asset Accounting menu. Once a posting variant has been created, it can be assigned to an asset master record or an asset class. When a posting is made using this variant, the default values defined in the variant will be used for the fields mentioned above. 
  
  Tips & Tricks: 
  It is important to note that when creating a posting variant, users must ensure that all of the required fields are filled out correctly. This will ensure that all postings made using this variant will be accurate and consistent. Additionally, users should also make sure that they assign the correct posting variant to each asset master record or asset class. This will ensure that