What is write-up in SAP FI-AA - Asset Accounting?

SAP Term: write-up

• Component: FI-AA

• Component Name: Asset Accounting

• Description: The reversal of past depreciation. Write-ups are necessary either when the depreciation posted was too high or when the reasons for unplanned depreciation no longer apply.

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• Key Concepts: 
  Write-up is a term used in SAP Asset Accounting (FI-AA) to refer to the process of increasing the value of an asset. This is done by adding an additional amount to the asset’s book value, which is the amount that appears on the company’s balance sheet. The write-up process is used to adjust the asset’s book value to its current market value. 
  
  How to use it: 
  In order to write-up an asset, a company must first determine the current market value of the asset. This can be done by researching similar assets and their current market values. Once the market value has been determined, the company can then add an additional amount to the asset’s book value in order to adjust it to its current market value. 
  
  Tips & Tricks: 
  When writing up an asset, it is important to ensure that the additional amount added is reasonable and accurate. It is also important to keep in mind that any write-up will affect the company’s financial statements, so it should be done with caution. 
  
  Related Information: 
  Write-up is related to other accounting terms such as write-down and depreciation. Write-down refers to decreasing the value of an asset, while depreciation refers to allocating the cost of an asset over its useful life.