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SAP Asset Accounting (FI-AA)
SAP Asset Accounting (FI-AA) is the subledger in SAP S/4HANA that manages fixed assets over their life: acquisition, depreciation, retirement, and asset reporting. Through depreciation areas assigned to accounting principles and ledgers, FI-AA can value the same asset differently under US GAAP and IFRS. For US finance and SAP teams, FI-AA becomes a lease accounting topic as soon as assets are leased in or leased out: under ASC 842 and IFRS 16, lease classification decides whether an asset stays on the books, leaves them, or appears as a right-of-use asset.
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SAP Asset Accounting (FI-AA)
Right-of-Use Assets: How RE-FX and Asset Accounting Work Together
How SAP RE-FX valuates lease contracts and hands right-of-use assets to FI-AA under ASC 842 and IFRS 16 – setup, postings, and common pitfalls.
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SAP Asset Accounting (FI-AA)
Lessor Accounting: Leased Assets in FI-AA under ASC 842 and IFRS 16
What happens to leased-out assets in SAP FI-AA under ASC 842 and IFRS 16 – and how Asset Accounting and SAP RAR share the lessor work.
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SAP Asset Accounting (FI-AA)
Sales-Type Leases: Asset Derecognition and Selling Profit in SAP
How sales-type leases under ASC 842 (and finance leases under IFRS 16) affect FI-AA and SAP RAR – derecognition, net investment, selling profit, and pitfalls.
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What You'll Find Here
This category looks at FI-AA where it meets lease accounting. On the lessee side, we explain how SAP RE-FX values lease contracts and hands right-of-use assets to FI-AA, including valuation rules per accounting principle, asset classes, and depreciation areas.
On the lessor side, the articles cover what happens to leased-out assets. In an operating lease, the asset stays in FI-AA and continues to be depreciated. In a sales-type lease or direct financing lease under ASC 842, or a finance lease under IFRS 16, the lessor generally derecognizes the asset and recognizes a net investment in the lease. Because ASC 842 has three lessor categories and IFRS 16 has two, the same contract can be classified differently under each framework, which makes parallel valuation a design requirement for groups reporting under both.
Further articles address lease end (returns, buyouts, and re-leasing), impairment of leased assets and right-of-use assets, parallel valuation for US GAAP and IFRS, intercompany transfers of leased equipment, and componentization.
How FI-AA Works With SAP RAR
At Revident, we handle lessor accounting under ASC 842 and IFRS 16 in SAP Revenue Accounting and Reporting (RAR) without additional software. The division of labor is clear: RAR covers the contract side, including lease income, net investment, interest, and selling profit, while FI-AA covers the asset side, from depreciation under operating leases to retirement at commencement and re-entry at lease end. Both must post per accounting principle and remain traceable to each other.
Key Questions We Cover
• When must an asset leave FI-AA, and in which depreciation areas?
• How is the unguaranteed residual asset handled at commencement and at lease end?
• How do you keep asset, contract, and ledger reconcilable for SOX?
Start Here
• Right-of-Use Assets: How RE-FX and Asset Accounting Work Together
• Lessor Accounting: Leased Assets in FI-AA under ASC 842 and IFRS 16
• Sales-Type Leases: Asset Derecognition and Selling Profit in SAP
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