What is asset valuation date in SAP SRD-FIN-FA - FIN-Fixed Assets?

SAP Term: asset valuation date

• Component: SRD-FIN-FA

• Component Name: FIN-Fixed Assets

• Description: Day of the valuation of a fixed asset. If you, for example, post an acquisition, then the asset valuation date is the activation date, that is the day at which the fixed asset is activated. If you, for example post a scrapping, then the asset valuation date is the capitalization date, that is the date at which the fixed asset is scrapped.

Smart SAP Assistant

• Key Concepts: 
  Asset Valuation Date is a term used in SAP Fixed Assets (SRD-FIN-FA) to refer to the date on which the value of an asset is determined. This date is used to calculate the depreciation of the asset over its useful life. 
  
  How to use it: 
  The Asset Valuation Date is set when an asset is acquired and can be changed at any time. It is important to note that the Asset Valuation Date should not be confused with the Acquisition Date, which is the date on which the asset was purchased. The Asset Valuation Date should be set to the date on which the asset was ready for use. 
  
  Tips & Tricks: 
  When setting the Asset Valuation Date, it is important to ensure that it is set correctly as this will affect the depreciation calculation of the asset. It is also important to note that if the Asset Valuation Date is changed, any existing depreciation calculations will need to be recalculated. 
  
  Related Information: 
  For more information on SAP Fixed Assets and Asset Valuation Dates, please refer to SAP Help documentation or contact your local SAP support team.