What is changeover year in SAP SRD-FIN-FA - FIN-Fixed Assets?

SAP Term: changeover year

• Component: SRD-FIN-FA

• Component Name: FIN-Fixed Assets

• Description: Year in which a change is made from one depreciation method to another.

Smart SAP Assistant

• Key Concepts: 
  Changeover year is a term used in SAP Fixed Assets (SRD-FIN-FA) to refer to the year in which an asset is transferred from one fiscal year to another. This transfer is done to ensure that the asset is correctly accounted for in the new fiscal year. 
  
  How to use it: 
  In order to transfer an asset from one fiscal year to another, the user must first enter the changeover year in the asset master record. This will ensure that the asset is correctly accounted for in the new fiscal year. The user must also enter the depreciation start date and end date for the asset in order to ensure that the correct depreciation amount is calculated. 
  
  Tips & Tricks: 
  When entering a changeover year, it is important to make sure that the depreciation start date and end date are entered correctly. This will ensure that the correct depreciation amount is calculated for the asset. Additionally, it is important to make sure that all relevant information regarding the asset is entered into the system before transferring it from one fiscal year to another. 
  
  Related Information: 
  For more information on how to use changeover year in SAP Fixed Assets, please refer to SAP Help documentation or contact your local SAP support team.