Fixed asset import

Hi,
I understand the FA import only allow us to import starting from the beginning of the financial year (e.g. Jan 2010).
My question is what about fixed asset purchased after Jan 2010. My customer is going live on 1 Jul 2010. Does it mean they have to key in manually?
For asset purchased before Jan 2010, my depreciation start date should be Jan 2010, and the useful life should be equal to the remaining life. Do I need to date back my accumulated depreciation back to Jan 2010?
Thanks.

There is a SAP note containing a work around whereby assets can be imported for the current financial year, you should find it by searching the self help.
For the system to calculate the correct book value, you should import the original cost and the accumulated depreciation to date

Similar Messages

  • Fixed Asset Importation Issue (Capitalisation Date)

    Hello experts,
    I have an issue regarding fixed asset importation.
    I've import the fixed asset master data correctly in the system, with it's correct capitalisation date, APC, depreciation cumulative value and everything else correctly in the master data. Under Administration --> Data Import/Export --> Data Import --> Import Fixed Asset Master Data from Microsoft Excel.
    However, where the issue is, it's now on the fixed asset history sheet, where the capitalisation date, is defined as the first date of the fiscal year "01/01/2014". Where by none of these assets were purchased on that date. But everything else on the report is correct except the capitalisation date.
    Due to this issue, it is hard to explain how an asset was purchased on 01/01/2014, which have a use full life of 4 years, has depreciate completely in 2015. But if I check in its master data, I find out the capitalisation date is like in 6 years ego.
    Note: I'm using SAP Business One 9.0 PL11
    Any suggestion, comment or help is highly appreciated.
    Best Regards,
    Cedric Kayitare

    Hi Cedric,
    Capitalization date won't change it self after import. Check your import sheet which capitalization date you have enter. you need to execute fiscal year change and then import sheet.
    If you have capitalization date for different years then you should have all period created and then year transfer.
    In that case you will have to run depreciation from SAP for all corresponding year.
    Post your sheet with heading for more understanding.
    Regards,
    Chintan

  • FIXED ASSET : Import FA in Foreign Currency

    I'm trying to import FA which have been entered in foreign Currency (EUR & USD).
    1 - Is it possible to do it ?
    2 - If Yes, how could we do it ?

    Jean-Jacques,
    The forum you have posted your question in is for questions related to the SAP Business One SDK.  Your questions seems application related to the Fixed Assets module.
    While you may receive an answer here, you may be better and faster served by posting your question in the SAP Business One Discussion Forum at ...
    SAP Business One Application
    ... or opening a message with SAP Support.
    Eddy

  • Fixed Asset import - Life Parameter

    Hi All.
    I'm attempting to import legacy fixed assets. In the log file I am getting a Life Parameter error.
    Can you please check my logic and / or correct me.
    End of Financial Year is 30/06/09 (2009-06-01) . Useful life = 48 months. Depreciation start date = 2009-07-01
    I am attempting to upload a remaining life of 47 months
    Capitalisation date = 2009-06-01
    Depreciation Start Date = 2009-07-01
    Remaining Life = 47
    Have I got this right? Anyone have any ideas on what could be the issue?
    Thanks
    Peter

    Hi,
    The import functionality is mainly designed to import legacy data , meaning that user wants to have start of fiscal year values of a fixed assets with capitalisation-start depreciation date in a year earlier than fiscal year of the import
    In your scenario, the Fiscal year of start depreciation is 2009 and you want to import values at start fiscal year of 2009, logically this
    means that start depreciation date is not earlier than first day of fiscal year 2009, so the reamining useful life must be equal to total useful life.
    For acquisitions in current fiscal year I would recommend to use the module 'adquisition' rather than import
    I stronlgly recommend to visit in SAP Channel portal, Business One, SELF-HELP & LIBRARY, Financial Add-ons: There, under root cause , there is one item dedicated to Fixed assets problems and in particular to import processes.
    Jose Antonio Castillo
    SAP Business One Support Consultant

  • Fixed Asset Import fails

    HI All,
    I am getting the below error message when I import a fixed asset master data.
    '' Import End; Number of imported asset: 0; Number of processed
    assets: 0; Error: 1".
    I have gone through SAP note 876670 which explains about this sort of errors and corrected the date format but still no luck. Can someone tell me if somethingelse need to be checked ?
    Await your respnse
    Thanks
    Johnson

    Hi Johnson,
    You may check more threads here for example:
    How to import Fixed Asset Master File
    Fixed Assets Transaction: Transfer => Error
    Check your import data carefully, one comma difference would result great difference.
    Thanks,
    Gordon

  • Fixed asset import problem because of validation

    Hi all,
    I have a problem caused by the validation of the import tool for fixed asset.
    Because the customer is using a depreciation method starting on the first day of the next period I cannot import the remaining life in months properly. 
    Here are the facts for my example:
    - Fiscal year from January to December
    - 36 months linear depreciation
    - Import done on Jan 1 2009
    - Asset bought in March 2008
    - Start depreciation in April 2008
    As per the validation in the import tool I need to put 26 months remaining but the reality is 27 months remaining.
    What can I do to solve this issue?

    Hi Michel,
    Post the message to SAP Business One Partner Solutions (Add-ons) Forum
    Regards
    Jambulingam.P

  • Fixed asset import failed for 1 asset but why?

    Hi Experts!
    1 assets wasnt imported to SAP, but no idea why.
    The asset was bought on 2007.01.08, the import regards to 2009, so only 1 month is to be depreciated.
    This is the log file:
    Life Parameter: 1000123;Z0001;szoftverlicenc;155;2007-01-08;;;;LK100;;;;2080000;0;2080000;100;2007-01-08;24;1;LINHU;2060052;;;;;;;;200;2007-01-08;24;1;LINHU;2060052;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
    Any idea what to do with it?
    Thank you in advance!!

    Only this item wasnt imported.
    The last depreciation of this item is in the same month as the import regards, maybe this cause it?
    But then what to write into the remaining deprecitation run..

  • Fixed asset import with part month take on data:

    Hello
    I need to import FA from already audited financial statements.
    The client wants us to import the assets exactly as per the Fin statement. I know that the remaining and usefull life is only in full months and works fine but once a asset from previous and was aquired midmonth it needs to be rounded up or down to allow for a full month. Is this correct?
    Example:
    Usefull life: 24 months
    Cost: 240 000
    Per month depreciation: 10 000
    Year end acc depr 65 000
    Year end 31 Dec 2009
    Asset aquired 15 Jun 2009 - 6.5 months
    How do I import the asset to refelect the exact value of 24-6.5=17.5 months  as the remaining life as SAP does not allow non absolute values - only full months.
    Any assistance will be much appreciated as they want exact matching on import to their Finacial statements

    The import template can be changed to draw in the correct historical accrued depreciation.

  • FIXED ASSET : Import old asset in SBO ?

    Hi,
    I'm trying to import old asset in SBO which have been totally amortized for end 1998, and it seems impossible to do it.These assets are used and net to be in the Assets Book with one resdual value equal to 1.
    Is there any limits for importing old assets ?

    post in SBO forum

  • SAP fixed asset add-on. Not able to import master data using upload pgm.

    Hi all,
    I am trying to import fixed asset master data using an excel file into sap B1 2007a patch level 42. I am able to run the import transaction. It tries to process and then giving me a message ' Import end: Number of successfully imported assets: 0. Number of processed assets:2. We have looked at the event log file and couldn't find anything related to the upload.  I have gone through other posts and didn't face this issue. Any hellp is apreciated.
    Path which I am using to upload the fixed asset master master data: Administration --> Setup --> fixed asset --> import fixed asset master data.
    Following points (see below) also taken into account while creating the master data sheet.
    also replaced the ',' in the csv file to ';' before uploading and changed the fixed asset mode to 'transfer' in the administration --> system initialization > company detaills> basis initialization.
    Thanks
    Johnson zavier
    Mandatory:     Item Code = Asset Class; this Asset Class must be previous defined in the Asset Settings (don't change/delete anything in the item-master data - there are the Asset Classes Z-00u2026. Are stored          
         Description = Description of this Asset          
         Capitalization Date = do it like this (YYYY-MM-DD). This columne must be a text format          
         APC = Aquisition/Procuction Cost; when you have digits after coma please use dot for separation - don't use thousand separators; Example 23444.45          
         Quantity = only mandatory, when you use the same assets stored under one asset number. Example you have ten equal chairs, so you can handle this with one asset number and quantity ten          
         Dep01 = Depreciation area; this entry must be previous defined in the Asset Settings          
         Depr Start date 01 = do it like this (YYYY-MM-DD). This columne must be a text format. The beginning must be the first of the month. Please compare it in this case with the capitalization date          
         Useful Life 01 = calculated in months (not years)          
         Remaining Life 01 = calculated in months (not years)          
         Depr Type 01 = Depreciation Type must be previous defined in the Asset settings
         Ordinary Depr 01 = ordinary depreciation; this is the comulated value you can see in the asset history sheet from the old asset solution. When you have digits after coma please use dot for separation - don't use thousand separators; Example 23444.45
         Unplanned Depr 01 = unplanned/extraordinary depreciation; this is the comulated value you can see in the asset history sheet from the old asset solution. When you have digits after coma please use dot for separation - don't use thousand separators; Example 23444.45
         SpDpAcc1 01 = Special depreciation account; when you use special depreciations and you have it to balance on special accounts fill in this account. This is an exeption - in normal projects not needed
         SpDpKey2 01 = Special depreciation; when you use special depreciation you have to enter this cumulative value in this field. This is an exeption in normal projects not needed
         SpDpAccu2026 = for further special depreciation accounts; This is an exeption
         SpDpKey.. = for furhter special depreciation values; This is an exeption
    Optional:     Vendor Code = when using this please be aware that the vendor code is previous defined in the system
         all others = you can use if you want. The only limitation is the type/length of these fields
         When you are ready with your entries mark from the first free row on for instance the next 20 rows than right mouse key - delete rows. This is necessary to prevent that in the background are invisible signs
         After entering in this default excel all your assets, please save it as .csv file. (the grey message - relation to information of csv - please say yes; when you close than excel a furhter message - would you save.. - please say no now
         After entering all data please save it as .CSV file. First grey window (format information) please choose 'yes'. Second window (when you close this file) please choose 'no'.
         You have now a .csv file in hands right now for uploading into the fixed assets.
         This example you can use for a test-import based on the year 2004

    The issue was  because of the conflict of Depr. Start Date, Use Life and Remaining Life. After I corrected the data, it worked just fine. The note 876670 helped me to resolve this issue. Thanks to Adam at Toronto SAP Business one support for his expert analysis and suggestions.
    thanks
    johnson zavier
    Edited by: Johnson Zavier on Feb 19, 2009 11:10 PM
    Edited by: Johnson Zavier on Feb 19, 2009 11:20 PM

  • Error when importing Fixed Assets

    Dear All,
    Good day!
    We are now importing the Fixed Assets into SAP Business One 9.0 PL 11 using the data import utility. I already made necessary setup. But when I import, a message prompts and tells "cannot import asset _____; a new asset's useful life and remaining life must be the same in the depreciation area". I ensure that the usefule life is match in the useful life of each asset group. Attached is the template I used and the format of column.
    Thank you and Regards,
    Ericka

    Hi Ericka,
    Please check below links.
    Fixed Asset Mode
    SAP 9.0 FIXED ASSETS
    Import FA master data from Excel - SAP B1 9.0
    Fixed Asset SAP Business One 9.0 Configuration
    Hope this help
    Regards::::
    Atul Chakraborty

  • URGENT - OFA Calls in Fixed Assets forms

    Hi there,
    I have a very urgent situation here, can any one help me by explaining that following piece of code:
    USER_EXIT('OFA INS_ADJUST ' ||
         'TRANSACTION_HEADER_ID=":fa_books_header.transaction_header_id" ' ||
    'SOURCE_TYPE_CODE="DEPRECIATION" ' ||
              'ADJUSTMENT_TYPE="EXPENSE" ' ||          
         'DEBIT_CREDIT_FLAG="' || h_debit_credit_flag || '" ' ||
         'CODE_COMBINATION_ID=":upl.code_combination_id" ' ||     
         'BOOK_TYPE_CODE=":fa_books_header.book_type_code" ' ||
              'PERIOD_COUNTER_CREATED="' || to_char(h_actual_period_counter) || '" ' ||
         'ASSET_ID=":fa_books_header.asset_id" ' ||
              'ADJUSTMENT_AMOUNT="' || to_char(h_adjustment_amount) || '" ' ||
         'PERIOD_COUNTER_ADJUSTED="' || to_char(h_actual_period_counter) || '" ' ||
              'DISTRIBUTION_ID="0" ' ||
              'ANNUALIZED_ADJUSTMENT="0" ' ||
              'LAST_UPDATE_DATE="' || h_last_update_date || '" ' ||
              'ACCOUNT=":upl.expense_account" ' ||
              'ACCOUNT_TYPE="EXPENSE" ' ||
              'CURRENT_UNITS=":upl.current_units" '      ||
              'SELECTION_MODE="ACTIVE" ' ||
              'FLUSH_ADJ_FLAG="TRUE" ' ||
              'GEN_CCID_FLAG="FALSE" ' ||
              'LEVELING_FLAG="FALSE" ');
    I have tried to find out about OFA related to this code, but had no success, it seems like that it is calling something outside forms but I could not find out where is that located. I need this solution to write my script for adding unplanned depreciation for large amount of assets in FA.
    in addition to all above, I cannot even process the unplanned depreciation using form (FAXASSET) thru application, and it is raising the error ORA-01003 which is meaning that no statement parsed....
    Please reply me at your earliest.. Thanks in advance.
    SM

    Plz find these links:
    Template to upload fixed assets
    Fixed Assets Import
    fixed assets master data in sap business one 9.0

  • 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

  • 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.

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