What is SAP FI-AA?

SAP FI-AA (Financial Accounting - Asset Accounting) is a module within SAP ERP that manages and monitors an organization's fixed assets. It handles the entire lifecycle of assets, from acquisition to depreciation and retirement. Key functions include asset capitalization, depreciation calculation, asset reporting, and integration with other FI modules for financial statement reporting. It is commonly used to ensure accurate asset valuation, compliance with accounting standards, and efficient asset management.