What is usage object in SAP (FI-AA - Asset Accounting)?

SAP Term: usage object

• Component: FI-AA

• Component Name: Asset Accounting

• Description: Object that is used for the unit-of-production method of depreciation. One or more fixed assets can be assigned to a usage object. The expected total number of units and the actual number of units for the period are entered for the usage object. Because of this, all the assets assigned to the usage object are depreciated with the same factor. Example: The usage object is an oil field. All assets used in the oil field should be depreciated equally in accordance with output, depending on the expected total production amount = total number of units and the actual amount of oil produced in a period = actual number of units in period. Therefore, the assets used in the oil field are assigned to the usage object “oil field”.

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• Key Concepts: 
  Usage object is a term used in SAP FI-AA Asset Accounting. It is a type of asset that is used to track the usage of an asset over its lifetime. This includes tracking the number of times an asset has been used, the duration of use, and any other relevant information. 
  
  How to use it: 
  Usage objects are created in SAP FI-AA Asset Accounting and can be assigned to an asset. This allows for tracking of the usage of the asset over its lifetime. The usage object can be used to track the number of times an asset has been used, the duration of use, and any other relevant information. 
  
  Tips & Tricks: 
  It is important to ensure that usage objects are properly assigned to assets in order to accurately track their usage over time. Additionally, it is important to regularly review the usage objects to ensure that they are up-to-date and accurate. 
  
  Related Information: 
  For more information on usage objects in SAP FI-AA Asset Accounting, please refer to the SAP Help documentation.