in the Public Cloud
A TRUSTED TOOL IS RETIRING
Anyone familiar with SAP Asset Accounting knows them: the familiar depreciation keys. For years, they have been the key tool for defining depreciation rules for property, plant, and equipment. But with Release 2608 of SAP S/4HANA Cloud Public Edition, SAP is ushering in a new era.
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What's changing?
The depreciation profile replaces the previous depreciation schedule. This isn't just a simple facelift, but a well-thought-out new approach: clearer, more flexible, and more transparent.
The essence of this change can be summarized in four points:
WHAT DOES THIS MEAN FOR THE PLANS THAT HAVE BEEN SET IN MOTION?
As part of this streamlining, several concepts that often caused confusion in practice have been eliminated:
- The separate configuration table for hold value keys has been removed — the hold percentage will now be maintained directly in the profile header.
- Company code default values have been replaced by controls based on accounting regulations and asset classes.
- Dependence on the valuation plan has been completely eliminated.
HOW DOES THE TRANSITION WORK?
SAP is approaching the transition cautiously—no one will be switched over overnight. The following timeline shows how the transition will take place in stages:
Good to know: Whether you switch now or wait—the depreciation calculation itself remains completely unchanged. The switch isn’t a risky project, but rather an evolution that adds value.
Thanks to CONSILIO, we were able to establish a globally standardized controlling framework at our largest European locations and successfully harmonize our CO processes and master data.
Summary
The transition to depreciation profiles is more than just a technical update — it represents a significant step forward in the conceptual maturity of SAP Asset Accounting. It marks a shift away from complexity that has accumulated over time toward a clean, self-explanatory model that offers flexibility in configuration within the public cloud.
The transition from a depreciation schedule to a depreciation profile is not a break with the past, but rather the next logical step toward clearer and more flexible asset accounting.
