Fiscal Year Variants in SAP S/4HANA Asset Accounting

By Stoil Jotev

Table of Contents

• Introduction
• Parallel Valuation in Asset Accounting
• Additional Representative Ledger Solution
• Alternative Solutions
• Conclusion
• Continue Reading
• Glossary

 Introduction

Many companies operate in multiple regions and countries and need to report on their fixed assets based on various legal and valuation frameworks.

Parallel Valuation in Asset Accounting

SAP S/4HANA provides the tools and processes to fulfill these parallel valuation requirements. Some of these requirements can be technically challenging to meet, such as when you need to use different fiscal year variants (FY variants) in the different valuation frameworks.