Enhancements to Asset Accounting when Using Parallel Currencies in FI

If you are using, or intend to use, parallel currencies in Financial Accounting (FI) additional Customizing settings are required for Asset Accounting (FI-AA). For example, you may want to use transfer prices.

The following Customizing changes are required:

• You need to create depreciation areas that have the same currency and currency type as the parallel currency in the relevant company code.
• The new depreciation areas must be capitalized in the asset classes, and
• The new depreciation areas must be added to the existing assets.

You can find more information about this process under

Process Flow

You can find the data for this process under

1. You first create depreciation areas 33 (book depreciation per trade law in group currency, concern valuation) and 34 (book depreciation per trade law in group currency, profit center valuation). The same depreciation parameters and acquisition values apply for both depreciation areas, as used in 01 (book depreciation per trade law ). However, you require currency type 31 for DA 33 and currency type 32 for DA 34. To do this, you
Define New Depreciation Areas.
2. For DA 51 you require two additional depreciation areas with identical depreciation parameters and acquisition values. Repeat the first step. Choose area 51 as the DA, then replace the entries for DA 33 with those of DA 53, and the entries for DA 34 with those of DA 54.
3. When you create the new depreciation areas, these are added to all asset classes. However, they are not capitalized at this stage. You now
Capitalize the Depreciation Areas in the Asset Classes.
4. To use the new depreciation areas with the old assets, you
Add New Depreciation Areas to the Existing Assets. This is executed automatically for all assets.