Assign Cost Center to Asset Master in SAP S4 HANA

Assign Cost Center to Asset Master in SAP S4 HANA.

What are the Key purposes for connecting Cost Center with Asset:

During the depreciation run, the depreciation expense is automatically posted to the cost center defined in the asset master.
The cost center indicates which department or functional area is responsible for the asset.

Go to T code: AS02.

Give Asset number, Sub-number, Company code and press enter button.

Time Dependent Tab: Now maintain the Cost center like below.

Click on save button.

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SAP FICO Configuration topics:

Assign Cost Center to Asset Master in SAP S4 HANA

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