What is physical asset in SAP FS-BA-SD - Source Data?

SAP Term: physical asset

• Component: FS-BA-SD

• Component Name: Source Data

• Description: You use physical assets to map physical collateral for collateral agreements. A collateral agreement always involves some sort of claim, such as a loan. A physical asset is a real-world occurrence of a template of the template category "Physical Asset." Each physical asset refers to one specific template version, and is defined in accordance with the information specified for that template version.

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• Key Concepts: 
  A physical asset is an item of tangible value that is owned by a company and used in the production of goods or services. In SAP, physical assets are tracked using the FS-BA-SD Source Data component. This component allows companies to track the cost, depreciation, and other financial information related to physical assets. 
  
  How to use it: 
  The FS-BA-SD Source Data component allows companies to track physical assets in SAP. This component allows users to enter information about the asset such as its cost, depreciation, and other financial information. The component also allows users to track the asset’s location and condition over time. 
  
  Tips & Tricks: 
  When entering information about a physical asset into SAP, it is important to be as detailed as possible. This will ensure that the asset can be tracked accurately over time. Additionally, it is important to keep the asset’s location up-to-date in order to ensure that it can be found quickly if needed. 
  
  Related Information: 
  The FS-BA-SD Source Data component is part of the SAP Financials module. This module also includes components such as Accounts Payable, Accounts Receivable, and General Ledger. Additionally, the Asset Accounting component can be used to track depreciation and other financial information related to physical assets.