In SAP Asset Accounting, when you create a new asset master record, is relevant default data automatically copied from the asset class that you specify for that asset?

Introduction / Context:
In SAP Asset Accounting, asset master records are the central source of information for fixed assets. When organizations manage large numbers of similar assets, they want master data to be consistent and quick to maintain. This question tests whether you understand how asset classes act as templates for new asset master records and how default values are automatically copied from the asset class into the asset master. Knowing this behaviour is important for both configuration consultants and end users who create and maintain asset records.

Given Data / Assumptions:

- The system is an SAP ERP or SAP S or four HANA system using Asset Accounting. - Asset classes have already been configured with default values for control, account determination, and other fields. - A user is creating a new asset master record and must choose an asset class. - The question is asking what happens to master data at the time of creation.

Concept / Approach:
The key concept is that an asset class in SAP Asset Accounting is not just a label. It controls many default settings such as number ranges, account determination, depreciation areas, and various control indicators. When you create a new asset, the system uses the chosen asset class as a template and automatically adopts these default values into the asset master. This reduces manual effort, enforces consistency, and helps ensure correct posting to the general ledger and correct depreciation behaviour for all assets that share the same characteristics.

Step-by-Step Solution:
Step 1: When a user starts the asset creation transaction, the system prompts for an asset class and company code. Step 2: After the user selects the asset class, the system reads the configuration of that class in Customizing. Step 3: The system automatically fills many fields in the asset master record with default values from the asset class, such as account determination, screen layout, and depreciation key defaults. Step 4: The user can then override some of these values where allowed, for example changing the cost center or useful life, depending on field control. Step 5: Because the system adopts data from the asset class, the resulting asset master is consistent with other assets assigned to the same class.

Verification / Alternative check:
A simple way to verify this behaviour is to create two assets with the same asset class and compare their automatically proposed values for account determination and depreciation areas. You will see that these values are identical before any manual changes, which shows that they were copied from the asset class. If you change the configuration of the asset class and then create a new asset, you will again see that the new defaults follow the asset class settings. This confirms that the statement in the question is correct.

Why Other Options Are Wrong:
Option b is wrong because SAP does not require you to manually fill every field; default values from the asset class exist specifically to avoid this. Option c is incorrect because more than just description and inventory number can be defaulted; the core of asset control data comes from the asset class. Option d is also incorrect because, although company code settings are important, the template for many asset specific controls and accounts is the asset class, not generic company code configuration alone.

Common Pitfalls:
A common misunderstanding is to think that asset classes are only used for reporting or grouping. In reality, they drive technical behaviour, such as which accounts are posted and which depreciation areas are active. Another pitfall is to over rely on defaults and forget that some fields still require manual entry, like specific cost centers or locations. Finally, some users think that changing an asset class later will retroactively change existing assets, but that is limited and often not advisable, so asset classes should be designed carefully from the beginning.

Final Answer:
The correct interpretation is that SAP automatically adopts relevant default data from the specified asset class when you create a new asset master record. Therefore, the correct option is Yes, key control and valuation data is automatically adopted from the specified asset class into the new asset master record.