G/L account 200200( Asset account) cannot be used
Hi All,
When i creating PO for Asset. i am getting error
Error: G/L account 200200 cannot be used
The gl account field selection is stored in table T004F: that for the account assingment is storred in table T162K
Can some one help me
Thank you
Ramakanth
Thanks Paul,
How to see the field status in MM. and where i need to do settings
Thank you
Ramakanth
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Account payable,account receivable, asset account
HI sir /madam
i want to know the process of ACCOUNT RECEIVABLE, ACCOUNT PAYABLE,ASSET ACCOUNT what ficos consultancy do, what are steps in fico do other then mm and sd person do.
i want to know the only fico job in in this process AP,AR,AA.
please guide me what they role in thatHi,
Welcome you post on the forum.
However, you need do you homework first. Your question does not belong here. Search the whole SCN site for wiki, e-learning first to find the basic info.
This forum is dedicate to SAP Business One - one package for all solution for SME customer. There is no individual module for FI CO SD MM etc.
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Manual posting to reconciliation account under asset account group
We need to maintain Asset Group (G007) to allow manual input in order to post a period end-closing adjustment as required by our external auditors. ( i.e in the reconciliation account under the asset account group, we need to check the 'allow manual input' option so as to do posting to this account manually).
Under normal circumstances, the posting should have been from WBS Element, to AUC, then to Fixed Assets. However, since all the procedures have been completed until Depreciation Run, we have no option but to input this manually.
Similar Recon accounts which allow manual inputs are Accounts Receivable (GL Code 115000) and Accounts Payable (GL 210000).
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Best regards,You can make manual postings on the asset reconciliation account with the transaction ABF1
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HT3702 my apple account says "credit card cannot be used in this store"
i have een trying to purchase from app store, and everytime it ask me "Verification required" and i have to log onto my apple id account and it says ..
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i tryed to update my billing information, with a second card, (i tryed with all three cards i have) and when i did.. it return error " your payment method is not valid in this store. please enter a new payment method".
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Yes, couple of time my cards declined, however curing the anomarly with my banks did not solve the problem.. funds is clearly available in the card account..
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AbbasMe too. Same card that's always worked. Can't even get free apps.
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Help
This should help: http://support.apple.com/kb/ts1567
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Error occuring while posting purchase of main asset in asset accounting
Dear Experts,
while am posting main asset using f-90 transaction code, it shows that," you cannnot post with transaction type 100 here".
How can i resolve the problem, kindly help me.
Regards,
RajuPotharajuDear
SPRO- Financial Accounting New- Asset Accounting---- Valuation---- Depreciation Area-- Define depreciation area.
Select Define Depreciation area.- For area 1 in GL column it must 1 that is area post in real time.
Select that area click on details button. Posting to GL must be 1 Area post in real time.
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shankar -
Profit center is posted to asset account??
Hello experts,
I wonder it is correct that profit center is posted to asset account.
Now our B1 2005B does that.
For example,
In AR credit memo (or Sales return) , we input profit center XX into the documents.
Then B1 create Journal Entry as below;
Dr
Sales Revenue 100 , profit center XX
Inventory 50, profit center XX
Cr
AR 100,
Cost of Goods Sold 50, profit center XX
Inventory account is asset account, so I'd like to know this is correct and SAP's spec ? or SAP's bug?
Please give your advise,
KaoriHi Kaori,
The functionality is slightly different in the B version so I can tell you how it working in the A version and maybe you can verify this.
The Profit Center should only be allocated to accounts that has been defined as Account type 'Sales' or 'Expenditure'. If the Inventory account is given this definition it will allocate the profit center to the inventory as well.
Normally by default P&L account are set as 'Sales' or 'Expenditure' and Balance Sheet accounts set as Account type 'Other'.
Hope it helps.
Jesper -
What is the purpose of Clearing and Revenue account in Asset Disposal : F-92?
Hi All,
Please clarify my doubt ;
In Asset Disposal - Sale to Customer : F-92 with customer
Suppose an asset with historical cost $1000 and accumulated depreciation of $100 is being sold to a customer at $1100, the posting entries will be as follows :
Dr Customer Account (A/R) 1,100
Dr Accumulated Depreciation 100
Cr Fixed Asset - Acquisition Cost 1,000-
Cr Gain/Loss of Fixed Asset Disposal 200-
Dr Clearing Account for Asset Disposal 1,100
Cr Revenue for Asset Disposal 1,100-
I completely understand the first four line items, but don't know the purpose or the 5th and 6th line items.
Please explain why we need a clearing and revenue account for asset disposal and what would be the impact of these accounts in asset accounting?
Thanks in advance !!!
Regards,
VickiHi Vicki
This is just a technical account, which gets Dr and Cr in the same document
The purpose is just to tell you how much asset sale has happened during the year.. You can get this info by looking at the GL Account
Since Asset Module is a sub ledger, the asset needs to be retired. At the same time, the FI-GL also should show the needed info from accounting perspective
While the required GL entry is completed with the 1st 4 line items, the 5th and 6th are just the statistical ones
Br. Ajay M -
Error during Year-end closing Asset Accounting (AJAB)
Hi,
While executing transaction AJAB (year end closing AA) the system, the system issues a message "Transactions not completely periodically posted". The detailed message is AU075 "Asset balance sheet values not completely posted".
Processing the error message:
While proceeding through the error message details I checked "Define How Dep Areas Post to GL" and found that 4 depreciation areas are maintained as under:
Area/Description/ G/L/ Target Group
01/ Book dep/1 (Area posts in Realtime)/0L (Leading Ledger)
15/Income tax dep/0 (Area does not post)/ Blank
21/ IFRS/ 3 (Area posts dep only)/1F (IFRS Ledger)
Then I clicked on start APC program, which leads to transaction ASKB (Periodic Asset Posting). The transaction could not be posted as document type is not assigned for periodic posting of Asset Values in SPRO>Fin. Accounting (New)>Asset Accounting>Integration with GL Accounting>Post APC values periodically to GL Accounting>Specify document type for periodic posting of asset values.
I've got 2 queries:
1) whether year-end closing can be executed if the document type is assigned and transaction ASKB is run.
2) If the answer to first query is yes, how come the same error did not encounter in other company codes (the error occurred only in 2 company codes). I've also checked the depreciation area maintained in asset masters of the company code where no such problem was encountered and found it to be same as the company code where the problem has occurred.
Seek your expert advise to resolve the issue.
Thanks,
Vipin PatankarHi Malhar,
Thanks for your prompt reply. I understand that the issue can be resolved by assigning document type and execute ASKB. At present document type 'AF' is being used for depreciation posting, can we use the same document type for APC value posting or some other document type should be used.
I still need some more highlight on the reason for not facing the problem in other company codes.
Thanks,
Vipin Patankar -
Hi,
Can anyone tell me how the asset accounts are mapped to GL recon. account?
PritiIn Asset Accounting asset classes will have account determinations. These account deteminations will link the GL accounts to Asset Accounts
Account Determination is the set of GL accounts that must get effected on asset trasactions like Acquisition, Retirement, Depreciaiton, revaluation, unplanned depreciation etc,.
All Asset Balance sheet accounts are to be created as Reconciliatin accounts.E.g. Asset Book Value, Accumulated Depreciation etc, -
Assets Accounting - Structure of Assets Class & Individual Assets
Dear Sir / Madam,
I need to configure FI-AA
In the organization there are 2 plants,
In each plant there is Land, Factory Building & Machinery,
Over and above these assets there are some common assets like Vehicles, Laboratory equipment etc.
Please guide me as to how do I design structure of these assets so that I get
1. Plant wise Assets History Report
2. Individual assets wise Assets History Report (Like Total Machinery, Including both the plants & Common assets.)
Thanks in anticipation
Regards
Chirag ShahHi Chirag,
We define the field status for the asset master in the screen layout. The pathe for the same is -
SPRO>>Financial Accounting (New)>>Asset Accounting>>Master Data>>Screen Layout>>Define Screen Layout for Asset Master Data.
Here check the staus maintained for plant in the logical field group 3 (Time-dependent data). Make it Required or optional and then check if the field is available in AS02.
Please revert for any clarification.
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anit -
FICO : Asset Accounting - Depreciation Run Issue
Dear Friends,
I have an issue in asset accounting.
Let me explain the actual background of this issue.
1. I created a new company code(2000) by copying the existing one(1000 along with the closed year 2009
2. After that when i was trying to post acquisition for an asset i got the below error
You cannot post to asset in company code 2000 fiscal year 2011
3. Then i closed the year 2010 and opened 2011, it allowed me to post in the month of june
4. Now i am trying to run the depreciation for june, its giving the below error.
According to posting cycle, you should post period 001 next
5. What could be the reason for this error , is it the correct procedure what i am doing it now?
Please help if someone has an idea about that
Thanks ,
Perumal.Hi,
You can get the solution if you double click the error message.
Please note that depreciation of current month can only be posted if the depreciation dycles till the previous month is completed. Coming to your case, you have opened the year 2011 and trying to post depreciation for period 6. You need to run the depreciation cycles from period 1 to 5 before trying to post for period 6.
Regards,
Kiron Kumar T. -
How to delete depreciation areas when a posting is made in asset accounting
Hi All,
We are implementing asset accounting to few of our company codes as a new company code start up project. We have opened depreciation areas for tax for one company code and found that we are not going to use this company code for asset accounting.
We have already opened 2 depreciation areas one for tax and the other as difference between book and tax depr in our development client. One of our member has created an asset and posted values to it. Now, we were told that we dont need to open the depreciation areas. When i am trying to delete it system giving error message saying you cannot delete the derived depr as the values have already been posted.
Please advice how i should proceed with the above issue for deleting the depreciation areas. Your help is much appreciated.
Thanks in advanceHi Rose,
For the below mentioned issue do the following:
1) reset all the depreciation data ( t code OAGL)
2) reset all the asset account co code data (t code OABL)
then u can go and delete the depreciation areas.
regards,
Kiran -
Effects of reopening closed periods in Asset Accounting.
Hi SAP Gurus,
My client wants to open the closed periods in Asset accounting. I have used T Code OAAQ and changed the last closed period.
I would like to know what are the effects of opening the closed periods.
Will it effect the already posted depriciation and what further steps should I take after the entries are passed.
Even after I opened the period both in FI and AA it still is giving me a message that I cannot post to this year.
Can you kindly suggest.
Thanks in advance,
HariIf you post any entries to the asset , the depreciation will change in asset accounting and will not match with the general ledger unless depreciation posting run is executed.
However, since you have already executed depreciation posting, AFAB selecting repeat run in the last period or special period if your company code have special periods.
Caution: It will change the P&L and Balance sheet balances.
Please check the Post Capitalization Option (ABNAN) for asset values missed in the past for capitalization -
Hi Gurus,
I got some questions for asset accounting request all of you to kindly extend your help
my questions are
What is Asset History? ( OAOA)
2) How the data flows from Asset Accounting to Controlling?
3) When the asset value is zero and the Company is still using the asset then, how the Company generally proceed to calculate depreciation further? (Curb) (SPRO>Financial Accounting>Asset Accounting>Depreciation>Valuation Methods> Depreciation Key>Calculation Methods> Define Base Methods)
4) In asset accounting, why 0% Tax code is created for not taxable transaction and why it is compulsory to do it before assigning the chart of depreciation to company code?
5) What configuration is required to bring all the Fields in depreciation area tap of Asset master creation?(AO21) and (AS01)
[If we make any changes in Tcode AO21 and they are not getting reflected in depreciation area (Last Tab) in creation of asset master (AS01). So how to make the configuration to get those changes reflected in dep. area (last tab) in creation of asset]
6) What are difference between Germany Chart of Dep. and Great Britain Chart of Dep. (UK)?
Be assured about the points
Thx
Vinod R KhelaniHello
Charts of depreciation are used in order to manage various legal requirements for the depreciation and valuation of assets. These charts of depreciation are usually country-specific and are defined independently of the other organizational units. A chart of depreciation, for example, can be used for all the company codes in a given country
In the simplest scenario, all of your company codes are in the same country and are subject to the same legal requirements for asset valuation, meaning that you only need one chart of depreciation.
The chart of depreciation consists of the following parts:
In general, you are required to calculate values for assets for different needs, both internal and external (such as book depreciation and cost depreciation). Therefore, the Asset Accounting component enables you to manage values for assets in parallel in up to 99 depreciation areas. The chart of depreciation, therefore, is a directory of depreciation areas organized according to business management requirements. You define the characteristics, and thereby the significance, of the individual depreciation areas in each chart of depreciation. A depreciation area is always assigned to only one chart of depreciation.
You flexibly define the keys for the automatic depreciation of assets in each chart of depreciation. They are based on elements for calculation (calculation methods, period controls, and so on) that are available client-wide.
Use
SAP supplies typical reference charts of depreciation for each country. They have different depreciation areas and depreciation keys depending on that countrys specific requirements. You cannot use these charts of depreciation directly. You must create your own chart of depreciation by copying the reference chart of depreciation. Delete any depreciation areas that are not needed.
You can document the meaning of any chart of depreciation you set up in the system by writing a description for it.
Reg
*assign points if useful
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