Fixed Asset Auditing

Dear All,
Any one kindly help me out for doing configuration for Fexed Asset Auditing.
I don't know how to do the step by step configuration for Fixed Asset Auditing and view the Asset Audit report.
Kindly help me.
Thanks & Regards,
S. Umamageshwaran

Be advised that Fixed assets in SP02 only currently supports databases with a calander fiscal period i.e. starting 01 January.
Regards
Glen

Similar Messages

Fixed Asset Auditing Configuration

Dear All,
I need a help for doing Fixed Asset Audit Configuration.
Any one kindly give me a guide line for how to do the step by step configuration for Fixed Asset Auditing and view the audit report
Thanks & Regards,
S. Umamageshwaran

Steve,
please see my response below.
Cost
1440
Dep. Per yr
120
Dep. Per month
10
Year
Cost
Dep
NBV
1
1440
-20
1420
2
-120
1300
3
-120
1180
4
-120
1060
5
-120
940
6
-120
820
7
-120
700
8
-120
580
9
-120
460
10
-120
340
11
-120
220
12
-120
100
13
-100
Legacy data
Assuming that you will load everything on 1/1/Y4
Cummulative acq
Accum dep
1440
-260
Assuming that you will load everything on 5/1/Y4 << so I assume you will load it on period 5
Cummulative acq
Accum dep
1440
-300
Accum dep in legacy will depend on when will you load the data. Take over date on this case is 4/30/Y4.
Thanks!
Jhero

Fixed assets addon - question about items...

Hi,
Does an asset item has necessarily to be inventoried ?? If so, this is not logical to see them in the Audit Report.... what do you think about that ?
thanks,
Luce

Hi Luce,
Stock Audit report is for all stock items which can be found in 'Inventory-> Item Master Data' in the company.
When you define a new fixed asset in fixed assets module, Financials -> Fixed Assets -> Fixed Asset Master Data, the fixed assets will not be shown in stock audit report because the asset is not a item in item master data.
When you define a assets class from Administration ->Setup -> Fixed Assets -> Define Asset Classes, the asset classes are defined as items and appear in the item master data. Consequently, some items in your system represent asset classes. Using items enables Fixed Assets to be integrated easily with the Purchasing and Sales modules in subsequent versions of Fixed Assets. This integration means that you can, for example, purchase assets using the purchase order and incoming invoice processes.
If you manage the fixed assets on assets level, not classes level,there will be no stock transactions for these assets classes and the assets classes will not be shown in stock audit report.
On the other hand, if you make some stock transaction on these assets classes in Business One core module, the assets classes will be shown in stock audit report.
I hope this anwsers your question.
Regards,
Ivy Zhang
SAP Business One Forums Team

Import Fixed Asset by excel

Hi Every one,
     I am importing FA in SAP B1 PL 09 but failed, with system message log " Its active depreciation areas must be the same as those defined in the corresponding asset class. I checked depreciation areas and asset class, They corresponded to each other.
     Please help me to find way to solve this error.
Thanks & Best Regards
     Loan Tran

check below..
Fixed Asset SAP Business One 9.0 Configuration

Importing the (active) Fix Asset with ◦Accumulated ordinary depreciation to Sap Business One 9

Hi all,
I'm trying to upload the Active Fix Asset to the SBO (no new).
for example:
item:                          FixAsset
Useful life :                48 (month)
Remaining Life:        12 (month)
APC(Historical cost): 10000
Accumulated Ordinary Depr.: 7500
So Value Balance: 1500
and Life Balance :     12 month
I have tried to Import active ITEM by Excel ,follow this link : Importing Fixed Asset Master Data from Microsoft Excel - SAP Business One 9.0 - SAP Library
every time recieve the message :
Cannot import asset "fixasset"; a new asset's useful life and remaining life must be the same in depreciation area "AFA"

Hi,
Please check SAP note:
2001876 - The system does not consider the Salvage Value nor the
Remaining Book Value when you import assets
Thanks & Regards,
Nagarajan

Fixed Asset Data Migration Wizard

Hi All,
I tried to use Fixed Asset Data Migration Wizard to migration my fixed asset data from 8.82 to 9 in the development server. The server only accessible by myself.
When I start the migration run, system prompt me " To Continue with the fixed asset data migration, you must be the only user logged on to this company data".
In fact I'm the only user in the company data and system not allow me to execute the migration.
What are the causes that system recognise there is another user in the system?
Please advise.
Thanks in advance.
Best Regards,
Foong Yee

Hi,
If you're using SQL Server, try Detach (close existing connections) and re-Attach the database again then re-login and try executing again the wizard.
Regards,
Donald

Fixed Asset and Depreciation method in SAP B1 2005B

Hi All,
I want to know what is the method by which we can do depreciation for fixed asset in SAP Business One 2005B.
Looking for a postive response from all.
Regards,
Kawish

Hi Kawish,
The system supports the following forms of depreciation:
u2022Ordinary Depreciation
u2022Unplanned Depreciation
u2022Special Depreciation
And for the depreciation methods:
Straight-line
Immediate writeoff
multilevel method
declining-balance method
special depreciation
You can get more helpful documentations through partner portal:
Solutions-> SAP Business One-> Solution Overview-> Documentation
Resource Center-> SAP Business ONe Add-ons 2005-> Fixed Assets
Regards,
Candice Ren
SAP Business One Forums Team

Fixed Asset Additions Report

Hello,
Is there a way to run a fixed asset addition report in SAP and then export it into excel? I have run S_ALR_87012058, however, there is no way to export this into excel. Can anyone help please?
Thank you,
Lesley-Anne

Hi,
you can export the result of report S_ALR_87012058 and save it into excel file.
please follow the path below.
Regards,
otep

Fixed Asset conversion :Transaction AS100

Hi guys,
Have any one used AS100 for fixed asset conversion. Is this option better than LSMW. How the excel file is sorted to special format.
Thanks.
Saeed

Cons of using AS100: -This method is suited for transferring small datasets, such as a few hundred fixed assets. The system can process a maximum of 5000 rows.
SAP recomments to use Standard excel format.
Link of SAP help, which gives excel format, etc.http://help.sap.com/saphelp_erp2004/helpdata/EN/70/93a417ecf411d296400000e82debf7/frameset.htm
Regards
Sridevi

Fixed Asset Uploading Error

I am getting following Error, while uploading Fixed Asset Template. Please Advice
http://www.megaupload.com/?d=Y35WGNOD
Edited by: Faisal Baloch on Nov 3, 2010 7:22 AM

Hi Faisal......
This might be the programming issue. Please ask your technical consultant to check the codes.
Regards,
Rhaul

Fixed Asset calculates extra period for Depreciation

Hi All,
I have imported the Fixed Asset for 2007B for the Year 2010. while checking the import, i notice that the system calculates an additional period for depreciation.
Here is my scenario :
a. Asset Cost = 15,863.12 (purchased on 31-May-2007).
b. Useful Life = 36
c. Remaining Life = 4
The above are displayed according to import file.
At the Depreciation Tab, there are 5 rows of planned depreciation calculated. Period 01 to Period 05.
How can the system calculates 5 periods when there is only 4 remaining periods for the asset?
This happens to all the assets being imported.
Please advise.
Jessie

Further information.
The Net Book value = 1762.94
with Accumulated Depreciation = 14100.18.
So the remaining 4 periods should be calculated as = 440.735 (per month for 4 months).
but it is displayed as 352.59 per month for 5 months.
The Fixed Asset is setup as Monthly Basis.
Using Straight Line Mehtod = Net Book Value / remaining life.

Fixed Asset Book Report

When running the Fixed Asset Book report, the system shows every instance of an asset number. By that I mean that when and asset has changed locations the asset shows in the report in both locations with a value of zero in one location. This makes using this report for NBV reconciliations to the GL very difficult as I need to find ways of tracking and eliminating the duplicates before I can even begin.
Is there a way to get the report to provide the data only in the current locations or is there a differant report I can use that provides a NBV at a period end broken out by cost and accumulated depreciation.
Any assistance would be appreciated.

Please see (FAQ: RXi Reports (JGRX/RXJG, FARX/RXFA, APRX/RXAP, ARRX/RXAR) [ID 430075.1]) -- How To Find The Source Code Of An RXi Report ?
Thanks,
Hussein

Import fixed assets in middle of fiscal year 2013

Hi,
I like to import several fixed assets in middle of fiscal year 2013. The attached file works fine but when I then look at the depreciation months, I see the depreciation for the complete year of 2013. But when I set the start depreciation date in the import file set to 2013-11-01 the import is not working anymore because of wrong calculation of lifetime.
How can I import this fixed asset with start depr date set to 2013-11-01 and only the last 2 months (Nov and Dec) need an depreciation for 2013??
And not also the previous months !!!
Thanks again.
Mark

Hi Mark,
Import FA with depreciation start date as 2014/01/01 and run the depreciation for the said two months by doing an journal entry. Depreciation is calculated for a whole year.
Isaac.

Fixed Asset procedure For acquirsion Throught Landed Cost

I Have To Import A Fixed Asset From Foreign Vendor.But How Can i Able Charge Landed Cost To That Asset.means Simple Landed Cost procedure just Cost the Charge to Inventory item But How To Fixed Asset
Regards
Naveed

Naveed,
Landed cost only supports inventory item in current system design. You need to do it manually for Fixed Asset.
Thanks,
Gordon

Fixed Asset: Current Year Depreciation

Dear Experts,
Previously, fixed assets was managed manually in an excel sheet and depreciation was calculated manually in the excel sheet.
My client wants to start using the FA Addon in March. I managed to import all the fixed asset master data with its Cost, Acc. Depn and NBV. They all tally with the GL balances as at 31.12.2010 which is the last day of the accounting year.
However, I have problem with the current year accumulated depn figure. When I run depreciation for Jan-Feb, the figure does not tally with the GL balances as at 28.02.2011.
For example:
Fixed Asset Cost: $5,859.00
In SAP B1
Depreciation method: Straight-line depreciation
Calculation medthod: Percentage of Acquisition Value
Percentage: 33.33%
Planned monthly depreciation: $162.77 <-- Not sure how B1 get this figure
Therefore, accumulated depreciation for current year as at 28.02.2011 = $325.54
Manual via Excel
Depreciation method: Straight-line depreciation
Calculation medthod: Percentage of Acquisition Value
Percentage: 33.33%
Accumulated depreciation for current year as at 28.02.2011= ($5,859 x 33.33%) / 12 x 2 = $325.47
How do I get the current year depreciation to tie with the GL?

Hi Joyce,
I understand the issue you are facing is that
accumulated depreciation for current year as at 28.02.2011(calculated by Fixed assets addon) = $325.54,
but
accumulated depreciation for current year as at 28.02.2011(calculated by excel)= ($5,859 x 33.33%) / 12 x 2 = $325.47
you want to know how system calculate the accumulated depreciation as $325.54?
in order to make it clear,
please let me know how did you define the FA master data,such as the net book value,useful life,remaing life and so on.
Please check the FA master data->general tab and calculation tab,as it is not possible to attach the screenshot to show the relevant data,please log a SAP message for the further assistance.
Kind regards,
Eleven

Fixed Asset Auditing

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