What is underlying object type in SAP FI-AF-ARO - Asset Retirement Obligation Management?

SAP Term: underlying object type

• Component: FI-AF-ARO

• Component Name: Asset Retirement Obligation Management

• Description: The different types that underlying objects can have. As master data can differ depending on the type of underlying object, master data is differentiated according to the type of underlying objects. The type of underlying object also determines whether references to the fixed assets representing underlying assets can be created in the master data. &Example& There are both retirement relevant antennae and retirement relevant air conditioners. You can decide to create only one underlying object type that is used for both types of underlying objects. Alternatively<>,<> you can create two underlying object types with specific master data for each type.

Smart SAP Assistant

• Key Concepts: 
  Underlying object type is a term used in SAP FI-AF-ARO Asset Retirement Obligation Management. It refers to the type of asset that is being retired, such as a building, vehicle, or piece of equipment. The underlying object type is used to determine the retirement process and the associated costs. 
  
  How to use it: 
  When setting up an asset retirement obligation in SAP FI-AF-ARO, the underlying object type must be specified. This will determine the retirement process and associated costs. The underlying object type can be selected from a list of available options. 
  
  Tips & Tricks: 
  When selecting an underlying object type, it is important to consider the retirement process and associated costs. This will help ensure that the correct retirement process is chosen and that all associated costs are accounted for. 
  
  Related Information: 
  For more information on SAP FI-AF-ARO Asset Retirement Obligation Management, please refer to the official SAP documentation.