Asset revaluation changes fixed asset market value in SAP. Revaluation enables re-construction and reduces leverage ratio. SAP provides separate t-code ABAW for balance sheet asset revaluation
75% of mid-size enterprises face posting errors requiring reversals. Reversal volume grows 8% annually across sectors. Duplicate documents cause 18% of reversals, errors 26%, compliance 56%
Asset Accounting manages fixed assets as subsidiary ledger to General Ledger. Up to 99 depreciation areas can be managed parallel for different purposes. Asset classes classify assets like plant, building, machinery. Account determination keys link asset master records to GL accounts