What is asset accounting in sap fico?

1.	What is asset accounting in sap fico?
Answer» In SAP FICO, the Asset Accounting or FI-AA sub-module is used for the OVERALL management and supervision of fixed assets within the SAP System of any organization. In SAP's Financial Accounting, Asset Accounting serves as a SUBSIDIARY ledger for General Ledger by providing detailed information on EVERY transaction involving fixed assets of the company.

Discussion