What is excess of plan assets over plan liabilities in SAP SRD-FIN-GL - FIN-General Ledger?

SAP Term: excess of plan assets over plan liabilities

• Component: SRD-FIN-GL

• Component Name: FIN-General Ledger

• Description: An item in the balance sheet indicating the difference between the projected benefit obligation of a pension plan and the fair value of the plan assets.

Smart SAP Assistant

• Key Concepts: 
  Excess of plan assets over plan liabilities is a term used in SAP's Financial Accounting (FI) module. It is the difference between the total value of the assets held in a pension plan and the total value of the liabilities associated with that plan. This difference is known as the "surplus" or "deficit" of the plan. 
  
  How to use it: 
  In SAP, this term is used to calculate the financial position of a pension plan. The system will compare the total value of the assets held in the plan to the total value of the liabilities associated with it. If there is an excess of assets over liabilities, then this is known as a surplus. If there is a deficit, then this is known as a deficit. 
  
  Tips & Tricks: 
  When calculating the financial position of a pension plan, it is important to take into account any changes in market values or other factors that may affect the value of assets or liabilities. It is also important to consider any changes in regulations or laws that may affect how these values are calculated. 
  
  Related Information: 
  For more information on SAP's Financial Accounting (FI) module, please refer to SAP's official documentation. Additionally, there are many online resources available that provide detailed information on how to use SAP's FI module and how to calculate excess of plan assets over plan liabilities.