ABST2 - Asset Reconciliation

Dear Gurus,
In my company not yet run march depreciation, when i run ABST2-Asset Reconciliation with GL
system not created any log.
Please let me know what would be the problem.
Regards
Sreenivas.P

Hi
Maybe there is no reconciliation issues. Thats why you do not see any error log
Not running depreciation for a period is not going to affect both account posting and in asset posting. So that should not be an issue
Thank You,

Similar Messages

Vendor Reconciliation & Asset Reconciliation Account

Dears
I am a little confused regarding the reconciliation accounts.
We are making for Asset Config settings for down payment posting. I selected downpayment account for Asset Downpayment in AO90; but the system says the GL is not a reconciliation account.
When I saw the GL account, it is created as a Vendor Reconciliation account.
But in AO90 I think, we should give an Asset Reconciliation Account, right ?
If that is the case, why we should have separate reconciliation account for Vendor and Asset in Downpayment posting for Assets ?
When we post the Vendor Downpayment in F-48 using Spl. GL indicator 'A' , we are assigning the PO number also where asset is linked.
Spl-GL 'A' is linked to a reconciliation account for vendor.
Asset downpayment is also linked to a reconciliation account for asset.
If that is the case, which downpayment account, the advance amount for asset is posted ?

Hi Niki
I personally dont like updating the Down Payments for assets in Asset Accounting.. It is inviting troubles w/o much of value-add.. If you post DP to asset, then Invoice and you dont clear the DP, the depreciation is calculated on Invoice amount + DP Amount
Ofcourse, it gets adjusted in future depreciation runs once you clear DP. But if you clear in subsequent FY, then thats a problem
In order to avoid updating DP in AA, follow the below steps
1. Create a new FSG as a copy of G067 in which you will suppress the Asset Number
2. Assign this FSG in Vendor recon accounts
3. Do F-47 and enter the PO Number..
4. System will give an error msg F5 378..
5. Suppress it in OBA5, and you are done..
I remember this till date because this was one of my initial findings / learnings in my SAP Career ;-)
Best Regards
Ajay M

Asset Reconciliation Account

Hello Experts-
I fell in a tricky situation at my work place. We have an asset reconciliation account which has a balance but, this balance does not correspond to any asset. When SAP Fixed assets was implemented here, they had a balance for this account and then have converted it into a reconciliation account. How do I create an asset which represents that balance as APC value? Or how would I transfer it from this reconciliation account to a clearing account so that I can create a real asset and transfer this APC to a real asset?
Any thoughts on this issue would be really appreciated.
Thanks in advance.
RNarayan

Hi,
To post the balance values from the take over values from AS91 on the Asset Reconciliation Account
You can use transaction:
OASV
ABFI (use transaction type 100 and don't fill in an asset number)
The postings on these account are total postings by bussines area and there is no 1:1 relation with assets like with debtors and credititors. (when you run the depreciation it create total amounts

Link Asset class to an Asset Reconciliation GL Account

Hi Everyone,
i want to specify a new Asset Class to a Particular Asset Reconciliation Account, which i have created in FS00 and also mentioned as a Reconciliation account in OAMK. can anyone help me where can i go and do this ?I am using ECC 6
Thanks & Regards,
Guru

Account determination key is maintained in asset class. Using AO90 transaction code you need to maintain GL Accounts for Acquisition as well as other accouonts against account determination.

Tax Category Indicator on Asset Reconciliation Accounts

Does setting the tax indicator flag to '*' have any affect on reconciliation postings to an Asset Reconciliation account?

Hi,
Generally tax indicator "-" (Only input tax allowed) is set in Asset Reconciliation accounts.
Setting * for the same will also suffice.
The tax indicator setting is required as the asset acqusition process is done through asset purchase in MM. for that purpose the input taxes will be calculated.
I hope this answers your query.
Regards,
Ashutosh

How to post externally to asset reconciliation account

Hi,
I need to post one entry externally to asset reconciliation account & I dont want to update asset due to that entry. How to do that?
Pl. help. I will award points for suitable answer.
Thanks
Veena

You are permitted to post the recon account undercertain special circumstances :
USe the transaction codes OAMK and OASV.
Kindly read the SAP on line documentation before making a postings directly to the recon account.
Definition of the Reconciliation Accounts
You are not allowed to manually post to the reconciliation accounts for Asset Accounting in Financial Accounting. Normally, you designate the corresponding General Ledger accounts in Financial Accounting as reconciliation accounts. This change, however, can no longer be made in Financial Accounting, once these accounts already have balances from the legacy data transfer. However, you can use a special report to assign these accounts the status of reconciliation accounts in Financial Accounting (in Customizing for Asset Accounting, choose Preparing for Production Startup ® Production Startup ® Set Reconciliation Accounts).
There is another report for removing this specification (Reset Reconciliation Accounts).
Subsequent Correction Postings to Reconciliation Accounts
Suppose you have already defined the asset G/L accounts in Financial Accounting as reconciliation accounts, but still need to transfer balances to these accounts, or make corrections. You can make correction postings to these reconciliation accounts with a special posting transaction in Customizing for Asset Accounting (Transfer Balances), using posting key 40 or 50. You can only postings to those accounts in a company code with implementation status (Customizing for Asset Accounting, choose Preparing for Production Startup ® Production Startup ® Activate Company Code).

What is asset reconciliation account.

What is asset reconciliation account. Is this like other reconciliation accounts like A/P and A/R. How can we use it.

Hi
GL for Asset as Reconciliation is defined in FS00
Account determination rule is defined under SPRO - FAg - AAg - Org structures - Asset classes
The A/c determination is included in the Asset class
In AO90 GL a/c is assigned to Account determination rule
Finally, Asset master is created under a Asset class thru AS01
Thank You,

Assigning Asset Reconciliation Account

Hi Guys,
Where do we assign the Asset Reconciliation Account to an Asset?
Does it flow from the Asset Class? IF so..Where do we assign this GL account..
Thanks,
Kris..

Hi,
Asset reconcillation account is determined based on the accoun determination assigned to the asset class and baed on the account determinaton the reconcillation account is being identified

Error in Assets Reconciliation

HI
I have problem in Assets reconciliation. i.e, actually my go live date is 30.06.2008 by that time we have uploaded all the legacy values and tallied TB ,Balance Sheet all GL wise balances between legacy and SAP. Now we are doing reconcliation for 2008 fiscla year. while reconciling the acquistions during the year of 2008 incluing the acquistion valued which we have uploaded as on 30.06.2008 and lateral acqusitions from July ,2008 to 31.03.2009 the AR05 balances are are not matching with Asset GL value (FAGLL03) report because,whcih Assets values were updated ( opening legacy Assets) in AR05 report . I found the documents which are giving the problem and I try to find the accounting document from AW01N I got the meesasge "It is not possible to display document from financial Accounting" because of this, values are not matching for GL report and Asset report. . I have found all such kind of documents. but how to rectiy thos documents.
my analysis is if probelm come that is only between SAP and Legacy vlaues but not in both SAP reports ie.,( FAGLL03 and AR06)
this probelm only occured for legacy uploaded assets
early response is height appreciated
thanks
Tulasi

The legacy values uploaded in fixed assets through transaction AS91 cannot be seen in any FI document since the values have been directly uploaded in fixed assets and not in FI. The FI balances to GL accounts are uploaded through transaction OASV which makes corresponding GL accounts posting equal to Asset balances AS91 posting.
Try to compare the acquistion values (net book value) in RABEST01 report by entering a particular Asset-acquistion recon GL account in Further selections tab for 31.03.2009. Compare tis value with FS10N display of balances for the same GL account. Check if any postings have been done in special periods i.e 13 to 16 in FS10N. These will not be reflected in RABEST01 but balance as of end of normal periods i.e period 12 should agree between RABEST01 and FS10N.
Thanks and regards
Kedar

APC Posting to Assets Reconciliation Account

Hi Experts,
We are currently working with AS91 and AS94 legcay data Transfer. The acquisition is completed, we gave acquisition values in Dep Area 01 (Book Depreciation Area), Do we also need to reset the Assets reconciliation account and post the APC values to them? Or the 01 acquistion values will automatically post to Assets reconciliation accounts and how?
What is to be done?
Please guide.
Best Regards
VK

Thanks Krishna,
OASV does not provide the option of document and local curreny. We would like to force the values from Local currency to group currency disregarding the exchange rates.
So after restetting the reconciliation account we will post using F-02.
Any negative impact?
Best Regards
VK

Transaction ABST2 - Asset balance sheet values not completely posted

Hi,
An error message appeared when using transaction ABST2.
"Asset balance sheet values are not completely posted".
What can be the reason?
How can I check what is missing?
Thank you.
Kind regards,
Linda

Linda,
Run a normal asset report on G/L account and compaire this with the values on the G/L account.
When there are differences you can use transaction code ABF1 with trans type 100. With this transaction you can post on the asset account whitout using an asset number.
The results in the transaction ABST2 is difficult to understand. This was a transaction that was used with the Euro conversion. When there are difference it dont block the fiscal year change.
Paul

Closing asset year manually

Hi:
I have a question. If
automatic closing of asset fiscal
year is not happening through
AJAB then can we close fiscal year
directly from OAAQ. We have a
case where one of our co code is
not getting closed. Dep is also
posted in it for but when we
close 2011 it shows red under
closing carried out with NO. It also
not shows any error detail.
Guide please.

check with following TCode:
AUVA Incomplete Assets
ABST2 Asset reconciliation
Also check if u have removed test run and done back ground processing.

Asset GL accounts not getting picked up in ABST2 run

Hi,
There are few asset GL accounts i.e APC and AccDep accounts which are not getting picked up in ABST2 run. What could be the reason? Please advise as to how can we ensure that we get a spool of all the GL accounts post ABST2 run.
Thanks,
DP

Are the missing GL accounts set up as asset reconciliation accounts go to FS03, enter GL account number, and go to control data tab, field recon account for account type should be A for Assets.
Thanks,
Tammy

Maintaining an asset without GL reconciliation flag

Hi Folks,
My client wants to maintain Leased Capital Assets out of SAP because they want to post these assets manually due to step up reasons. For that purpose he wants to remove the reconciliation flag from GL master data for both accounts - that is leased cap asset account and accumulated depreciation for leased cap asset account.
I have two questions;
1- We can remove automatic posting only flag form GL master data and leave these as a reconciliation accounts. Why do we need to terminate the status of these accounts as asset reconciliation accounts? As how they would maintain balance in AA ledger.
2- What could be the impact of this delinking in future?
Please also guide the right process for maintaining this account with manual postings.
Thanks

That is because of the following reasons:
1 - I believe the leased asset functionality in AA is not able to handle the increases in lease payments that occur over the duration of a lease term. Almost all the leases for my client have at least one increase in lease payment over the lease term (called step ups).
2 - SAP records the obligation under capital lease as a long term payable to the lessor. For my client's future reporting purposes this obligation will eventually need to be disclosed as a separate line item on the balance sheet, which will require a manual adjusting entry to transfer the amount from accounts payable into a new reporting category.
3 - Client also requires that the obligation under capital lease be reduced by the portion attributed as principal in the lease calculation, SAP calculates the reduction in obligation as the total cash payment to the lessor.
4 - Client desires the calculated interest to be part of the Obligation under Capital Lease, SAP only includes this as a liability.
in the light of foregoing, client wants to calculate and track Capital Leases through excel spreadsheets and doing manual entries into SAP to record these transactions.
Please advise

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).
My intention is to have this captured in the system as of Dec. 31, 2008; Reversed the same transaction on 01-Jan-09 and process it normally as mentioned above.
Valuable assistance will be highly appreciated.
Best regards,

You can make manual postings on the asset reconciliation account with the transaction ABF1
Use PK 70 or 75 , G/L account and transaction type 100.
The result is that asset accounting is no longer in line with your G/L accounts.
Put this transaction in your authorization make the posting and reverse and take the transaction out off the authorization!

ABST2 - Asset Reconciliation

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