SAP Digital Asset Management

What is SAP Digital Asset Management?

Digital asset management is both a process within an organization, as well as the technology used as part of that process. The goal of digital asset management is to create a centralized system for organizations to store and organize their digital assets. Types of assets typically included within digital asset management systems include documents, images, audio content, video, media files, graphics, presentations, or any digital media that requires rights to use.

SAP Digital Asset Management by OpenText is SAP’s digital asset management solution, which is specifically focused on capturing, managing, and delivering digital assets so that organizations can promote brand and marketing messages of their portfolios, products, and services. SAP’s solution is not home grown, but is a partner solution provided by OpenText, and the official product name is SAP Digital Asset Management Cloud by OpenText.

Vendors offering digital asset management services for SAP include: OpenText

817 results

  1. How to Comply with the Provisions of IFRS while Recording Capital Asset Transactions in SAP ECC 6.0

    Published: 18/April/2012

    Reading time: 25 mins

    Learn key adjustments that are required to make capital asset management compliant with International Financial Reporting Standards (IFRS). See the changes you need to make in SAP ERP Central Component (SAP ECC) 6.0 while transitioning from US Generally Accepted Accounting Principles (GAAP). Key Concept An organization needs to make adjustments in accounting for financial transactions…...…
  2. Inflation-Based Revaluation of Fixed Assets

    Published: 27/April/2015

    Reading time: 23 mins

    Learn the configuration done for monthly inflation-based revaluation. This configuration needs slight changes based on the frequency and inflation calculation methodology required for a specific implementation. Key Concept Inflation-based revaluation is a statutory requirement for several high-inflation countries. These countries publish an inflation index for revaluation of the fixed asset base of the company. In…...…
  3. AUC with Investment Measure Using Work Breakdown Structure

    Published: 15/April/2014

    Reading time: 20 mins

    FinancialsLearn how to implement assets under construction (AUC) with the Investment Management module using work breakdown structure (WBS). Follow a detailed discussion of the settlement process. Key Concept A work breakdown structure (WBS) element with its assets under construction (AUCs) can be termed as an investment measure. In simple terms, an AUC is created to…...…
  4. Asset Management

    Achieving Effective and Efficient Asset Management

    Published: 11/July/2022

    Reading time: 11 mins

    In heavy asset intensive industries from manufacturing and processing facilities through to Rail, Aerospace, Utilities, Oil & Gas and Mining operations, the largest operational expense beyond the CAPEX of building the plant resides in maintaining the equipment required to do the job. This content is for Mastering SAP Premium Access members only.Log In Join Now
  5. How to Set Up and Process Leased Assets

    Published: 09/December/2013

    Reading time: 11 mins

    Learn how to configure leased assets to make sure that not only depreciation is posted but also the interest and the periodic payments. Key Concept In SAP Asset Accounting (FI–AA) you can maintain several kinds of assets. One particular kind is the leased asset. Besides the standard fixed-asset functionality for this kind of asset, the…...…
  6. Create Multiple Assets with Individual Characteristics in One Step

    Published: 25/September/2015

    Reading time: 7 mins

    Learn how to customize the functionality required to simultaneously create multiple assets and still be able to maintain specific data for each individual asset. Key Concept Within Asset Accounting (FI-AA), you can create one asset at a time or multiple assets simultaneously. Since the release of R/3 4.0A, SAP supports simultaneous creation of multiple assets…....…
  7. SAP S/4HANA Finance: Understand the Different Options and Nuances of Enabling Parallel Accounting in New Asset Accounting

    Published: 18/January/2017

    Reading time: 24 mins

    Learn about the configuration options available in SAP S/4HANA Finance to set up parallel accounting aligned to different accounting principles, especially when you are migrating from classic Asset Accounting (FI-AA), a parallel accounts approach, to the new FI-AA module. Key Concept The SAP S/4HANA Finance system provides a transparent, real-time, optimized IT solution for implementation…...…
  8. 3 Ways to Ensure Accurate Depreciation Values in ECC

    Published: 15/November/2007

    Reading time: 12 mins

    The primary focus of the Asset Accounting (FI-AA) sub-ledger is to accurately calculate and track values for fixed asset records. Often it is possible that planned values stored in FI-AA do not reflect the existing system configuration and therefore are incorrect. You can use program RAAFAR00 (recalculate values) to ensure that calculated amounts are correct…....…
  9. How SAP ERP Combats the Challenges of Global Accounting and Financial Reporting Standards

    Published: 09/December/2009

    Reading time: 16 mins

    Review some SAP ERP solutions, functionalities, and capabilities that you can use to meet the challenges of specific International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS) requirements, including ones that cover revenue, accounting policies, operating segments, and more. Key Concept International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) guide global financial…...…
  10. Enhancement Package 5 Includes Fixed Asset Segment Reporting Improvements

    Published: 17/May/2010

    Reading time: 9 mins

    New features in enhancement package 5 change the way you report fixed assets. Walk through some of these features and see how they’ll affect you. Key Concept SAP ERP 6.0 enhancement package 5 includes new functionality in the Asset Accounting (FI-AA) area related to reorganization capabilities. SAP has extended the account assignment options to include…...…