What is write-up in SAP SRD-FIN-FA - FIN-Fixed Assets?

SAP Term: write-up

• Component: SRD-FIN-FA

• Component Name: FIN-Fixed Assets

• Description: An intentional increase in the recorded value of assets.

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• Key Concepts: 
  Write-up is a term used in SAP Fixed Assets (SRD-FIN-FA) 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 original cost of the asset minus any depreciation. The write-up amount is recorded as a debit in the asset’s ledger and a credit in the write-up account. 
  
  How to use it: 
  To write-up an asset in SAP Fixed Assets, you must first enter the write-up amount in the asset’s ledger. Then, you must enter a credit in the write-up account. Finally, you must post the write-up transaction to update the asset’s book value. 
  
  Tips & Tricks: 
  When writing up an asset, it is important to ensure that the write-up amount is reasonable and justified. Additionally, it is important to document any changes made to the asset’s book value for future reference. 
  
  Related Information: 
  For more information on writing up assets in SAP Fixed Assets, please refer to SAP Help documentation or contact your local SAP support team.