Asset Accounting Configuration in SAP ERP: A Step-by-Step Guide
by Andrew Okungbowa
Apress. (c) 2016. Copying Prohibited.
Reprinted for Veron L. Augustin, Capgemini US LLC
veron-l.augustin@capgemini.com
Reprinted with permission as a subscription benefit of Skillport,
http://skillport.books24x7.com/
All rights reserved. Reproduction and/or distribution in whole or in part in electronic,paper or
other forms without written permission is prohibited.
AssetAccountingConfigurationinSAPERP:AStepbyStepGuide
Appendix A: Useful General Ledger Accounts
This appendix includes some of the important general ledger accounts and their settings that you may find useful when customizing account
determinations.
Table A-1: Real estate and similar rights
Fields
Type/Description
Values
G/L Account
1000
Company Code
Control in chart of accounts
7200
Account Group
Fixed assets accounts
Balance sheet account
Select
Short Text
Land and similar rights.
G/L ACCT Long Text
Control Data
Real estate and similar rights.
Account Currency
GBP
Tax category
(Only input tax allowed)
Recon. Account for acct type
Assets
Line item display
Select
Sort key
Create/bank/interest
018 (Asset number)
Field status group
G007
Table A-2: Accum. Depn real estate and similar rights
Fields
Type/Description
Values
G/L Account
1010
Company Code
Control in chart of accounts
7200
Account Group
Fixed assets accounts
Balance sheet account
Select
Short Text
ADP real estate
Accum. Depn real estate and similar rights
G/L ACCT Long Text
Control Data
Account Currency
GBP
Tax category
(Only input tax allowed)
Recon. Account for acct type
Assets
Line item display
Select
Sort key
Create/bank/interest
018 (Asset number)
Field status group
G007
Table A-3: Plant & Machinery
Fields
Type/Description
Values
G/L Account
2000
Company Code
Control in chart of accounts
7200
Account Group
General G/L accounts
Balance sheet account
Select
Short Text
Plant & Mach.
Page 2 / 10
ReprintedforQ4OGY/926585,CapgeminiUSLLC
Apress,AndrewOkungbowa(c)2016,CopyingProhibited
AssetAccountingConfigurationinSAPERP:AStepbyStepGuide
G/L ACCT Long Text
Control Data
Plant & Machinery
Account Currency
GBP
Tax category
(Only input tax allowed)
Recon. Account for acct type
Create/bank/interest
Assets
Field status group
G007 (Acct accts (w/o accumulated depreciatn)
Table A-4: Accumulated depreciation-plant
Fields
Type/Description
Values
G/L Account
2010
Company Code
Control in chart of accounts
7200
Account Group
Fixed assets accounts
Balance sheet account
Select
Short Text
ADP-P&M
G/L ACCT Long Text
Control Data
Accumulated depreciation-plant
Account Currency
GBP
Tax category
Leave blank
Recon. Account for acct type
Create/bank/interest
Assets
Field status group
G001 General(with text, allocation)
Table A-5: Machinery and equipment
Fields
Type/Description
Values
G/L Account
11000
Company Code
Control in chart of accounts
7200
Account Group
Fixed assets accounts
Balance sheet account
Select
Short Text
Machinery and equip
G/L ACCT Long Text
Control Data
Machinery and equipment
Account Currency
GBP
Tax category
(Only input tax allowed)
Recon. Account for acct type
Create/bank/interest
Assets
Field status group
G007 (Acct accts (w/o accumulated depreciatn)
Table A-6: Accumulated depreciation machinery and equipment
Fields
Type/Description
Values
G/L Account
11010
Company Code
Control in chart of accounts
7200
Account Group
Fixed assets accounts
Balance sheet account
Select
Short Text
ADP-mach./equipment
Page 3 / 10
ReprintedforQ4OGY/926585,CapgeminiUSLLC
Apress,AndrewOkungbowa(c)2016,CopyingProhibited
AssetAccountingConfigurationinSAPERP:AStepbyStepGuide
G/L ACCT Long Text
Control Data
Accumulated depreciation-machinery and equipment
Account Currency
GBP
Tax category
Leave blank
Recon. Account for acct type
Create/bank/interest
Assets
Field status group
G001 General(with text, allocation)
Table A-7: Low value assets
Fields
Type/Description
Values
G/L Account
12000
Company Code
Control in chart of accounts
7200
Account Group
Fixed assets accounts
Balance sheet account
Select
Short Text
Low value assets
G/L ACCT Long Text
Control Data
Low value assets
Account Currency
GBP
Tax category
(Only input tax allowed)
Recon. Account for acct type
Create/bank/interest
Assets
Field status group
G007 (Acct accts (w/o accumulated depreciatn)
Table A-8: Depreciation Low value assets
Fields
Type/Description
Values
G/L Account
12010
Company Code
Control in chart of accounts
7200
Account Group
Fixed assets accounts
Balance sheet account
Select
Short Text
Depr. LVA
G/L ACCT Long Text
Control Data
Depreciation-Low value assets
Account Currency
GBP
Tax category
Leave blank
Recon. Account for acct type
Create/bank/interest
Assets
Field status group
G001 General(with text, allocation)
Table A-9: Fixtures and fittings
Fields
Type/Description
Values
G/L Account
21000
Company Code
Control in chart of accounts
7200
Account Group
Fixed assets accounts
Balance sheet account
Select
Short Text
Office equipment
Page 4 / 10
ReprintedforQ4OGY/926585,CapgeminiUSLLC
Apress,AndrewOkungbowa(c)2016,CopyingProhibited
AssetAccountingConfigurationinSAPERP:AStepbyStepGuide
G/L ACCT Long Text
Control Data
Fixture and fittings
Account Currency
GBP
Tax category
(Only input tax allowed)
Recon. Account for acct type
Create/bank/interest
Assets
Field status group
G007 (Acct accts (w/o accumulated depreciatn)
Table A-10: Accumulated depreciation fixtures and fittings
Fields
Type/Description
Values
G/L Account
21010
Company Code
Control in chart of accounts
7200
Account Group
Fixed assets accounts
Balance sheet account
Select
Short Text
ADP fixts/fittgs
Accumulated depreciation Fixtures and fittings
G/L ACCT Long Text
Control Data
Account Currency
GBP
Tax category
Leave blank
Recon. Account for acct type
Create/bank/interest
Assets
Field status group
G001 General(with text, allocation)
Table A-11: Low value assets (fixtures and fittings)
Fields
Type/Description
Values
G/L Account
22000
Company Code
Control in chart of accounts
7200
Account Group
Fixed assets accounts
Balance sheet account
Select
Short Text
LVA (fixts/fittgs)
G/L ACCT Long Text
Control Data
Low value assets (fixtures and fittings)
Account Currency
GBP
Tax category
(Only input tax allowed)
Recon. Account for acct type
Create/bank/interest
Assets
Field status group
G007 (Acct accts (w/o accumulated depreciatn)
Table A-12: Depreciation LVA office equipment
Fields
Type/Description
Values
G/L Account
22010
Company Code
Control in chart of accounts
7200
Account Group
Fixed assets accounts
Balance sheet account
Select
Short Text
ADP LVA (fixts/fittgs)
Page 5 / 10
ReprintedforQ4OGY/926585,CapgeminiUSLLC
Apress,AndrewOkungbowa(c)2016,CopyingProhibited
AssetAccountingConfigurationinSAPERP:AStepbyStepGuide
Depreciation LVA office equipment
G/L ACCT Long Text
Control Data
Account Currency
GBP
Tax category
Leave blank
Recon. Account for acct type
Create/bank/interest
Assets
Field status group
G001 General(with text, allocation)
Table A-13: Asset under construction
Fields
Type/Description
Values
G/L Account
32000
Company Code
Control in chart of accounts
7200
Account Group
Fixed assets accounts
Balance sheet account
Select
Short Text
Assets und.constrctn
G/L ACCT Long Text
Control Data
Asset under construction
Account Currency
GBP
Tax category
Only input tax allowed
Recon. Account for acct type
Assets
Line item display
Select
Sort key
Create/bank/interest
018 (Asset under construction)
Field status group
G007 Asset accts (w/o accumulated depreciatn)
Table A-14: Depreciation assets under construction
Fields
Type/Description
Values
G/L Account
32010
Company Code
Control in chart of accounts
7200
Account Group
Fixed assets accounts
Balance sheet account
Select
Short Text
Depreciation - asset
Depreciation assets under construction
G/L ACCT Long Text
Control Data
Account Currency
GBP
Tax category
Leave blank
Recon. Account for acct type
Create/bank/interest
Assets
Field status group
G001 General(with text, allocation)
Table A-15: Depreciation Plant & Mech
Fields
Type/Description
Values
G/L Account
34020
Company Code
Control in chart of accounts
Account Group
7200
Fixed assets accounts
Page 6 / 10
ReprintedforQ4OGY/926585,CapgeminiUSLLC
Apress,AndrewOkungbowa(c)2016,CopyingProhibited
AssetAccountingConfigurationinSAPERP:AStepbyStepGuide
Balance sheet account
Select
Short Text
Depreciation P&M
Depreciation Plant & Mech.
G/L ACCT Long Text
Control Data
Account Currency
GBP
Tax category
Leave blank
Recon. Account for acct type
Create/bank/interest
Assets
Field status group
G001 General(with text, allocation)
Table A-16: Capitalized formation expenses
Fields
Type/Description
Values
G/L Account
55000
Company Code
Control in chart of accounts
7200
Account Group
General G/L accounts
Balance sheet account
Select
Short Text
Capitalized formation
G/L ACCT Long Text
Control Data
Capitalized formation expenses
Account Currency
GBP
Tax category
(Only input tax allowed)
Sort key
Create/bank/interest
018 (Asset number)
Field status group
G007 Asset accts (w/o accumulated depreciatn)
Table A-17: Trade Payable - domestic
Fields
Type/Description
Values
G/L Account
140000
Company Code
Control in chart of accounts
7200
Account Group
General G/L accounts
Balance sheet account
Select
Short Text
AP-domestic
Trade Payables domestic
G/L ACCT Long Text
Control Data
Account Currency
GBP
Tax category
- (Only input tax allowed)
Recon. Account for acct type
Customers
Sort key
Create/bank/interest
001 (Posting date)
Field status group
G067 (Reconciliation accounts)
Table A-18: Trade Receivable domestic one-time
Fields
Type/Description
Values
G/L Account
140010
Company Code
Control in chart of accounts
7200
Page 7 / 10
ReprintedforQ4OGY/926585,CapgeminiUSLLC
Apress,AndrewOkungbowa(c)2016,CopyingProhibited
AssetAccountingConfigurationinSAPERP:AStepbyStepGuide
Account Group
General G/L accounts
Balance sheet account
Select
Short Text
Trade Receivables
Trade receivables domestic one-time
G/L ACCT Long Text
Control Data
Account Currency
GBP
Tax category
+ (Only output tax allowed)
Recon. Account for acct type
Create/bank/interest
Customers
Field status group
G067 (Reconciliation accounts)
Table A-19: Input tax
Fields
Type/Description
Values
G/L Account
154000
Company Code
Control in chart of accounts
7200
Account Group
General G/L accounts
Balance sheet account
Select
Short Text
Input tax
G/L ACCT Long Text
Control Data
Input tax
Account Currency
GBP
Tax category
Create/bank/interest
< (Input Tax Account)
Field status group
G001 General (with text, allocation)
Table A-20: Output tax
Fields
Type/Description
Values
G/L Account
175000
Company Code
Control in chart of accounts
7200
Account Group
General G/L accounts
Balance sheet account
Select
Short Text
Output tax
G/L ACCT Long Text
Control Data
Output tax
Account Currency
GBP
Tax category
Create/bank/interest
> (Output Tax Account)
Field status group
G001 General (with text, allocation)
Table A-21: Asset acquisition clearing not integrated
Fields
Type/Description
Values
G/L Account
199990
Company Code
Control in chart of accounts
7200
Account Group
General G/L accounts
Balance sheet account
Select
Page 8 / 10
ReprintedforQ4OGY/926585,CapgeminiUSLLC
Apress,AndrewOkungbowa(c)2016,CopyingProhibited
AssetAccountingConfigurationinSAPERP:AStepbyStepGuide
Short Text
Clear asset acquis.
G/L ACCT Long Text
Control Data
Asset acquisition clearing not integrated
Account Currency
GBP
Tax category
- (Only input tax allowed)
Open item management
Select
Line item display
Select
Sort key
Create/bank/interest
001 (Posting date)
Field status group
G008 (Assets area clearing accounts)
Table A-22: Income price variances
Fields
Type/Description
Values
G/L Account
281000
Company Code
Control in chart of accounts
7200
Account Group
General G/L accounts
P&L statement acct
Select
P&L statmt acct type
X (Unappropriated retained earnings from previous yr)
Short Text
Income price varia.
Income price variances
G/L ACCT Long Text
Control Data
Account Currency
GBP
Tax category
- (Only input tax allowed)
Line item display
Select
Sort key
Create/bank/interest
001 (Posting date)
Field status group
G014 (MM adjustment accounts)
Table A-23: Cost-accounting depreciation
Fields
Type/Description
Values
G/L Account
481000
Company Code
Control in chart of accounts
7200
Account Group
General G/L accounts
P&L statement acct
Select
P&L statmt acct type
X (Unappropriated retained earnings from previous yr)
Short Text
Cost-acctg deprec.
G/L ACCT Long Text
Control Data
Cost-accounting depreciation
Account Currency
GBP
Tax category
Create/bank/interest
- (Only input tax allowed)
Field status group
G001 General (with text, allocation)
Table A-24: Loss made on asset retirement w/o revenue
Fields
Type/Description
G/L Account
Values
482000
Page 9 / 10
ReprintedforQ4OGY/926585,CapgeminiUSLLC
Apress,AndrewOkungbowa(c)2016,CopyingProhibited
AssetAccountingConfigurationinSAPERP:AStepbyStepGuide
Company Code
Control in chart of accounts
7200
Account Group
General G/L accounts
P&L statement acct
Select
P&L statmt acct type
X (Unappropriated retained earnings from previous yr)
Short Text
Loss On Asset
G/L ACCT Long Text
Control Data
Loss made on asset retirement w/o reven.
Account Currency
GBP
Line item display
Select
Sort key
Create/bank/interest
001 (Post date)
Field status group
G008 (Assets area clearing accounts)
Table A-25: Proceed from disposal/sale fixed assets
Fields
Type/Description
Values
G/L Account
820000
Company Code
Control in chart of accounts
7200
Account Group
General G/L accounts
P&L statement acct
Select
P&L statmt acct type
X (Unappropriated retained earnings from previous yr)
Short Text
Proceeds from dispos
G/L ACCT Long Text
Control Data
Proceeds from disposal/sale fixed assets
Account Currency
GBP
Tax category
+ (Only output tax allowed)
Line item display
Select
Sort key
Create/bank/interest
Field status group
001 (Post date)
G052 (Accounts for fixed asset retirement))
Page 10 / 10
ReprintedforQ4OGY/926585,CapgeminiUSLLC
Apress,AndrewOkungbowa(c)2016,CopyingProhibited
