Fixed Assets - Capitalised interest

Hello
Is it possible to post manual Capitalised Interest to a specific Book of an asset. This posting should only post to the non-leading ledger. I see SAP can calculate and post capitalised interest when the depreciation has been posted but want to post this interest manually and to only one book.
thanks

2007A PL 41 ANZ Localization.
I want to transfer assets that was uploaded/imported to the system, so if the question is the period: the period wasn't defined in the system. Should I define it ??
Regards,
-DDP-

Similar Messages

  • Fixed Asset - Capitalised Interest

    Hello
    Is it possible to post manual Capitalised Interest to a specific Book of an asset. This posting should only post to the non-leading ledger. I see SAP can calculate and post capitalised interest when the depreciation has been posted but want to post this interest manually and to only one book.
    thanks

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

  • Fixed assets capiralisation auc

    hello all
    please explain the processor of fixed assets capitalisation
    thank in advance
    ram

    (1) Asset class should be created with  'Line item settlement' for AUC
    (2) Assets can be created under the AUC asset class - while booking the GR, values get collected in the AUC asset
    (3) AUC asset is then settled to the final asset - using transctions AIBU and AIAB - transfer rules (% of value for receiver assets) are maintained first, and then settlement is run. 
    This is at a very high level.  Hope this helps
    Thanks.

  • 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 - 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

  • Automatic VAT code during fixed asset PO creation

    Hi all,
    We have a classic AUC acquisition process : through MM with IO allocation.
    My question is = is it possible to automatically affect one VAT code relating to fixed asset acquisition during purchase order creation? (and not VAT relating to goods and services acquisition, we have to distinguish both with french rules).
    The person in charge of PO creation don't have to choice between VAT codes, this is the reason why VAT code has to be affected automatically.
    Thanks in advance for your answer.
    Best Regards

    Hi Ocean,
    if you use as91 you have to enter as followed:
    ***.acquis.val.     120.242,00 <- enter
    ***.down paymts                    
    ***.reval.of RV                    
    ***.invst.grant                    
    Accm.ord.deprec     70.809,18 <- enter
    ***.Spec.dep.                    
    ***.unplnd.dep.
    ***.reserves                    
    ***.reval.O.dep                    
    Net book value     49.432,82 <- calculated automatically
    ***. interest                    
    Reval. posted                    
    Ord.dep.posted     3.340,06 <- enter
    Pstd.spec.dep.                    
    Pstd.unpl.dep.     0,00
    Res.posted                    
    Of course SAP reverses the amount because it is entered as ord dep. posted (this means current fiscal year!!!) insted of accm. ord. depr. (depr. up to 31.12.2007)
    The ***. depreciation up to 31.12.2007 has to be enterend in ACCM. ord. deprec.
    The *** and posted depreciation from the current year has to entered in ORD.DEP.Posted, pls. have a look at my calculation.
    How to correct the fields Ord.-dep. posted and Accm ord. dep? This depends on many parameters:
    Have you carried out the datantransfer already in the P-System????
    Any other postings for SAP AM already carried out
    How many assets have to be changed.
    You can reset the Companycode in AM (only recommendable if deprun is not posted and no other postings - retirements, aquisitions transfers have been entered). Then start a new upload
    Even lsmw and a BI-recording as92 with the last screen could be a solution.
    At least if you have only a few assets - correct them manually - it's not worth the effort to create a BIR and a LSMW - the user is faster.
    Best regards
       Horst

  • Year end closing for fixed asset

    Hi,
         Currently we run the process AJAB to close the year for fixed assets at the end of the year and can close two years back.  So in September 07 I would have closed 2006, then run AJRW to open 2008.
    So it is my understanding that we can only have two years open and we have in the past had the current year and one year back.  Do you know why we do this, why don’t we have the current year and one year forward?
    There has been a request to close 2007 for fixed assets, if I do this, will this cause any problems?
    With regards,
    Sree

    If u close the 2007 there is no problem, useally everbudy maintain one previous year and one current year, basic reason is if the any capitilization is to be made with back date u can able to do. If that is not there in your case u can close but if you open the future year after that you can not reset/reopen the 2007.
    If you open 2009 also there is no use, because with future date no budy do the capitalisation.
    advantage of opening of 2009 only one advantage is u can able to see the depreciation simulation will be taken period wise.
    disadvantage of opening of 2009 you can't open 2007 if you post any entries with back date.
    assign points if its helpful.

  • Transfer of a fixed asset to a WBS

    Hello Everybody ,
    I need your help.
    A new scenario has come over here and i am not getting how to implement it in
    SAP .
    Scenario is :
    1. We have a fixed asset at cost center .
    2. Now the asset is need to be replaced .
    3. We settled new asset at that cost center .
    4. Old asset needs to be used in a project.
    Problem is :
    Client is required that old asset that was replaced, should be transferred to a new  project or WBS where the asset final cost
    (including depreciation) should consume the budget from the WBS .
    Example:
    Asset cost along with depreciation is say Rs 50000.
    We transferred an Asset to a new WBS where budget is defined 80000.
    So as asset gets transferred , remaining WBS budget value should be 80000 - 50000 = 30000 means old asset value should get expensed by WBS .
    Then later on we can settle the asset along with the AUC of WBS.
    Conclusion:
    We need to transfer an fixed asset that is not in anymore used in that defined cost center and need to be replaced and after replacement it should get transferred to a WBS where WBS budget value would be reduced equal to asset value along with depreciation and later on we could transfer it to a cost center where asset is required.
    Thanks,
    Jagjeet Sandhu

    Hi Sunil.
    Thanks for your valuable response .
    But issue is bit different
    Scenario is :
    We dont have to make asset as an scrap.
    Ex:
    We have to take the same asset to another WBS without making scrap and the current asset value should be expensed from the defined WBS budget .
    How the asset at cost centre would be transferred to WBS and should be capitalised again at new WBS .
    Kindly share the procedure .
    Thanks & Regards

  • Credit memo for subsequent acquisitions in Fixed Assets

    According to the Fixed Asset help file - section Credit memo for Subsequent Acquisitions it Says " Fixed Assets *DOES NOT* allow posting a credit memo for a subsequent acquistion.  What are the exactt circumstances in which Fixed Assets will block these credit memos. I have added subsequent Acquisitions and Fixed Assets appears to allow credit memo's where depreaction has not been run and also where depreciation has  not been run. How does this blocking mechanism work?

    Hi John
    It appears that there is no good answer to your question.  From my undertstanding, the SAP Fixed Assets add-on is a very basic solution, and does not anticipate many of the changes that can occur once an Asset is acquired.  Frankly, it is pretty basic when handling the initial acquisition.
    Not that this will help you with this particular install, but the Fixed Assets add-on from B1 Fixed Assets LLC does a very thorough job of creating Assets, where you can use any or all of Invoices, Credit Memos, and Journal Entries, mixing and matching to create the Asset.  Once the Asset has be added, making Cost Adjustments is almost as thorough, and provides considerably more options to recognize the Cost Adjustment.  You can see a viedo of a relatively simple Asset Acquisition on YouTube (www.youtube.com/b1fixedassets).   
    Let me know how you get this issue resolved - I am very interested.
    Joe

  • Changing Fixed Assets useful life according IAS rules

    Hi all,
    According to the new IAS rules (International Accounting Standards) when an asset's useful life (currently with straight line depreciation) is changed we have to distribute the "net book value" (remaining depreciation to be posted) between all the remaining months in the same proportion.
    Currently, SAP standard calculates the depreciation as the difference between the posted depreciation throughout the previous months and the amount that should have been depreciated with the new useful life, and it assigns this calculated amount in the current month when the useful life is changed.
    We have checked that the remaining depreciation to be posted can be distributed equally over the remaining periods of the fiscal year by marking the "smoothing" flag through transaction OAYR per company code, but we need this amount to be distributed over all the remaining periods for the new useful life (not only over the current fiscal year).
    Please find below an example to try to clarify my query:
    A fixed asset with str.line depreciation has the following values:
    Acquisition value: 12000 eur
    Useful life: 3 years
    Depreciation per year: 4000 eur.
    The asset starts to depreciate on 01.01.2008 and its useful life is
    changed to 2 years on 01.07.2008. On that moment the net book value is
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    SAP adjusts the difference between the amount that should have been
    depreciated with the new useful life (3.000 eur) and the real amount
    posted (2.000 eur) = 1.000 eur depending on the "smoothing" flag:
    1. If the flag is not marked: SAP assigns 1.500 eur (500 eur (6.000/12)
    + 1.000 eur from the difference) on 01.07.2008
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    remaining periods of the current year (from July to December) and it
    assigns 666,66 eur per month (500 eur + 166,66, obtained from 1.000
    eur/6 months).
    But we need the same depreciation amount distributed over the remaining
    months: 10.000 eur/18 months = 555,55 eur/month.
    Has anyone come through the same problem before?
    The only solution I can think of is transferring the asset values to a new one. Or maybe a user exit.
    Any feedback will be much appreciated.
    Thank you very much in advance. Best regards

    Hi Markus,
    Sorry to come back to you regarding this question. Unfortunately we are not still on 6.0 so we can't take advantage of the new functionality.
    I am now trying to make an asset transfer through transaction ABUMN but the new asset is taking into account the capitalisation value of the original asset rather than the net book value that we would need the system to consider to calculate the new depreciation values.
    Do you know if there is a way to solve this?
    Thanks a lot. Best regards

  • FIXED ASSETS - USEFUL LIFE

    Hi,
    I´m modifying the useful life of some fixed assets and don´t have problems since it makes the amortization assessed since they are and it me re-calculates those who even remain.
    The problem is that they request that, in first foreseen, amortization does not load the difference that exists between the aortas  and that correspondent with the new useful life. There is way of doing that it first amortization goes out without the adjustment?
    Thanks in advance.-

    Hi Markus,
    Sorry to come back to you regarding this question. Unfortunately we are not still on 6.0 so we can't take advantage of the new functionality.
    I am now trying to make an asset transfer through transaction ABUMN but the new asset is taking into account the capitalisation value of the original asset rather than the net book value that we would need the system to consider to calculate the new depreciation values.
    Do you know if there is a way to solve this?
    Thanks a lot. Best regards

  • Fixed assets white paper

    Hi All.
    Do you know if there is a document on fixed assets that outlines the capablities. Something that a client can read as they might be interested in using it.
    Thank you

    You may find Fixed assets online help file on the Portal.  Although it is more than the white paper, the first few chapters could match your need without problem.
    Thanks,
    Gordon

  • Usages a fixed assets

    Hi
    The company has fixed assets and we want to charge the cost of fixed assets usage to a project. What do you recommend us?
    Thanks.
    Edited by: user1076895 on 21/07/2010 06:22 PM

    Well, what version of EBS are you on? I ask because in R12 Oracle has come out with a new module called Oracle Asset Tracking. This new module has some integration to Oracle Projects. We are still on EBS 11i, so have no personal experience with this new module. Since this is a new module, I suspect very few Oracle customers are using it so far. If you are on EBS 12, you might want to investigate this. I certainly will not say this is something that will work for your specific requirements.
    For us, it does not help us. Oracle certainly has a deficiency in its ERP software in that it lacks any kind of equipment billing/equipment accounting module. I can tell you what we are doing. Our prior (to Oracle) ERP software had a pretty decent Equipment Billing/Accounting module. Was not perfect, but it worked pretty well. We could charge jobs for rental equipment by the day, week, or month. We could sell our jobs consumable materials through the order processing capability. We went live on Oracle on January 1, 2008 (talk about a painful process). We are still using our old ERP software to do our equipment cost and revenue processing. We extract on a monthly basis (billing done at end of month) the cost and revenue charges for the month into an Excel Spreadsheet and then load that spreadsheet into Oracle, going into expenditure batches. The expenditure type is USG (usage) and we have various non-labor resource values used, depending on the location (we have warehouses/yards in a couple of different U.S. cities).
    We are still looking for a replacement for the old ERP software. Any such replacement would be non-Oracle software. So we would still need to interface that software to Oracle Project Costing.
    In the old software, the equipment master was separate from the assets master. But certainly for many of the equipment items, they would also be an asset and getting depreciated (for example, a construction crane, that we would rent to jobs, and since own would be an asset that we would depreciate).
    Why don't you ask your Oracle sales rep what he would recommend? Would be interesting to see what he tells you.
    John Dickey

  • 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

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