Asset Account mapping

Hi,
Can anyone tell me how the asset accounts are mapped to GL recon. account?
Priti

In 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,

Similar Messages

Error - No GL account selected for Asset account in Business partner master

Hi Experts,
Scenario - While adding A/P Invoice for Asset item, the error "Error - No GL account selected for Asset account in Business partner master Message (3518-13)
Awaiting your replies
Regards,
Sid

Hi,
You need to map the control account of that vendor(business partner).
->Open the respective Business Partner master data
->Under accounting tab
->Under General tab
->Control accounts (will be indicated with ... button),on opening this
->You will be prompted to map the control accounts
                                         ^ Down Payment Payables
                                         ^Assets Account
                                         ^Open Debts
Here you need to map the Asset account which also must be a control account(control account option should be checked in the chart of accounts).
Pls do check in the test system,understand the behavior of this account by booking ap invoice and payment,then proceed in the live system.
Hope this is helpful

Parallel Currency- Asset Accounting

Hi,
When I am trying to save the Purchase Order with Asset Account Assignment, it gives me following error message.
"Company code manages parallel currencies in Asset Accounting. For each area that posts automatically online to FI, you have to define one dependent depreciation area that adopts both identical values and depreciation terms from depreciation area 01, and which is assigned to currency type 30 and currency EUR. There is no depreciation area of this type defined for depreciation area 01."
I have browsed through configuration but not able to find whether to configure new area or not. Also, where we assign the currency type (Group or Hard currency) to the individual depreciation area?
Your help will be highly appreciated.
With Regards,
Chirag
Procedure

Hi All,
Please advise me in this regard, we have activated to parallel currencies one is 10 (company code currency) and the other one is 40(hard currency)and the same has been maintained for depreciation ares also,while posting asset acquisition the below error is coming this error i am facing in quality server, but the same settings was done in MAP but iam not facing any problem in MAP.
                                                                                Customizing inconsistency (contact your system administrator)
Message no. AC 496
Diagnosis
Company code 7014 manages parallel currencies in Asset Accounting. For
    each area that posts automatically online to FI, you have to define one
    dependent depreciation area that adopts both identical values and
    depreciation terms from depreciation area 01, and which is assigned to
    currency type 40 and currency INR. There is no depreciation area of this
    type defined for depreciation area 01.
Procedure
Check your Customizing settings.
Hence requesting you all kindly advise me in this regard.
Thanks & Regards
Sudeep.

FDM account mapping split (depending on balance)

If the account balance is positive, then map it to a Liability account; if negative, then map it to an Asset account.
I'm trying to create a logic group for it and put a simple function script in the Value/Exp filed. Am I on the right path? Somehow I can't make it work. Any help would be appreciated. Thank you.

Hi,
if you want to follow approach with Logic Group you have to create two logic accounts, one for Liability, and the other for Asset. Then you can use Fun Operator and the following Value/Exp:
LAcc_Liab: If CURVAL => 0 Then Result = CURVAL Else Result = "Skip" End If
LAcc_Asset: If CURVAL < 0 Then Result = CURVAL Else Result = "Skip" End If
Then in your mappings you can map both logic accounts to your specific target accounts.
You will have to choose Simple/Complex group based on your reqs but if they only refer to Account you can use Simple.
I hope that helps.
akafdmee.blogspot.com

FI GL , FI AP , FI AR and Asset Accounting

Hi,
What are the steps for FI GL, FI AP , FI AR extraction.
Can anybody explain in simple terms rather than putting up help links as I could understand the business content for the same but didn't find the steps for extraction.
Is it same for Asset Accounting ?
Thanks,
JB

For non-LO extractors, steps are the same.
RSA5 in R/3, go to the application component ( such as FI, CO, etc) and look for your data source. Activate the data sources.
GO to BW, replicate rhe data sources and assign the info source ( if you are in 3.5 or under), and the system will install the content info soruce for you. Check the maping in transfer rules and activate.
INstall the ODS / Cube and assign the info source in the update rules, check the mapping and activate the update rules. Create a info package for the info surce and load data.
I suggest you go thru the documentaion in help.sap.com. This documention will help you understand the features of the objects.
Ravi Thothadri

Product Category and GL account mapping

Hi
We are using SRM 4.0 with ECS scenario.
Would like to know, whether the Product Category and GL account mapping we do in SPRO is restricts the user to use the same GL account mapped against the product category or it is just a defalut and can it be changed while making PO or SC.
Thanks

Hi
This is standard SAP functionality.
The same GL account mapped against the product category, is just a default and it can be changed while making PO or SC. This is not hardcode as such. We emphasize here that we should follow the same GL account and Material Group combination as determined in R/3, the same combination GL and Product caategory needs to be made in SRM as well. (Since finally the PO will get created in r/3, where all the same validation will take place, at the creation of PO from SRM).
 The table which holds the data for
"Define G/L Account for Prod Cat and A/C Assignment Cat" is BBP_DET_ACCOUNT and it holds data in similar manner.
1. Either using the SPRO path
SPRO-> Account Assignment -> Define G/L Account for Prod Cat and A/C Assignment Categories
2. Or using SM30 transaction for the table - BBP_DET_ACCOUNT table
3. Use BADI - BP_DETERMINE_ACCT -> To change GL accordingly as per your logic.
The SRM G/L account is working on a linkage between product category and account category (cost center, project, asset...) that give you the default G/L account. If this very simple equation does not fit your requirement, you can use badi BBP_DETERMINE_ACCT to implement your own equation.
Hope this will definitely help. Do let me know.
Regards
- Atul

Assets Account- Purchasing Tab GL Account Determination

Hello Experts,
I was wondering if someone can explain me how the Control Account "Assets Account" works on the Purchasing Tab of the GL Account Determination?
Does anyone has some information, articles on this?
Looking forward to your reply,
Thanks

Hi,
The Asset account is used whenever you are purchasing a Fixed asset. While creation of a GRPO there is no JE passed. The account that we map in Control Account "Assets Account" acts as an offset account for the vendor which gets hit while creation of AP Invoice. This account is nullified as soon as the payment for the AP invoice is made. Hope this helps.
Thanks,
Joseph
Edited by: Joseph Antony on Oct 15, 2010 10:31 AM

Where we have to open and close posting periods in asset accounting

hi sap gurus
can anybody give where we have to open and close posting periods in asset accounting
thank you
venkatareddy

Hi Venkatareddy,
You make specifications for fiscal years and posting periods in the SAP R/3 System in Customizing for Financial Accounting. This is done in the fiscal year variant in the global parameters of the company code. These settings are, in general, also binding for Asset Accounting. The depreciation periods in Asset Accounting then correspond to the posting periods in Financial Accounting. It is usually not necessary to create a separate fiscal year variant for Asset Accounting.
The period control in the depreciation key determines the start and end of depreciation when asset transactions are posted . The period control determines the relationship between the calendar period in which the asset transaction is posted and the depreciation period.
These calendar periods are independent of the posting periods in Financial Accounting. The only restriction is that the beginning of the first calendar period and the end of the last calendar period defined in a period control have to match the start date and final date of the fiscal year in Financial Accounting.
Kindly let me know if this useful for you

New Blogs: Asset Accounting and Project Systems

There are two new blogs out this month in the ERP space.
Dominic Nadeau has blogged about a useful tcode in PS to track changes to a project.
/people/dominic.nadeau/blog/2008/06/09/fields-in-problem-in-a-project
I've written a blog on the Schedule Manager Monitor. I've given an example related to Asset Accounting but it works for most all areas in FI/CO.
/people/nathan.genez/blog/2008/06/17/gaining-more-insight-into-fixed-asset-job-monitoring
-nathan

When you create the WBS in will create from there an AUC. In the auc in the tab origin you see the project number.
When you settle it from the AUC (in PS) to the final asset you found the AUC number back in the asset tab origin. You can click to on the posting on the asset

Clarifications in Asset Accounting

Dear Experts,
Please clarify below questions.
1) What is the difference between Depreciation Area and Depreciation Key?
2) What is the importance of Recalculate value button in Asset Accounting?
3) Suppose I have 1000 assets, if I want to run depreciation only for 200 assets how can I do that?
4) If suppose I have 5 Depreciation areas, I am able to see the book depreciation values only, where I
can see the other depreciation values? If we cant see for which purpose we are using other
depreciation areas?
5) Vendor and Customer balances get update regularly or once in a month or year?
6) Where we have to create number ranges either in Production or Development Environment?
7) How can we transfer GLs from one environment to another?
Full points will be assigned as way of thanks
Regards,
Vineela

Hi Krishna,
Thanks for your reply,But still I need some more clarifications please respond........
2) What is the importance of Recalculate value button in Asset Accounting?-
(A)recalculates depr when asset parameters are changed
Where it will be there as it(recalculate button) is not there in AFAB
3) Suppose I have 1000 assets, if I want to run depreciation only for 200 assets how can I do that?
(A)select those 200 and run depreciation
Here Assets Selection option is there only in test run not there in update run.
4) If suppose I have 5 Depreciation areas, I am able to see the book depreciation values only, where I can see the other depreciation values? If we cant see for which purpose we are using other depreciation areas? (A)use AW01N- you cans ee all dep areas
In AW01N only book depreciation values is displayed,how can I see other depreciation area values
Regards
Vineela
Edited by: Vineela Siri on Apr 9, 2008 7:22 AM

Re - Process asset accounting year end process

Hi,
Case- XYZ company is already on K4 fiscal year variant, they want to switch from K4 (calendar year) to V3 (Non- calendar year). Standard SAP process is to create shortened fiscal year for 3 months. But this is only allowed if no entries posted in new fiscal year. This XYZ company is already in the month of Feb. How can we manage this situation in SAP. Asset accounting is implemented in the system. Planned depreciation has already been calculated for 12 months, how can we rewrite planed depreciation? and depreciation has been posted for one Jan 2011.
Plan 1- Keep K4 variant as it is and control this with the help of OB52 to restrict posting. This will allow them to run their day to day process with out any errors in fiscal year 2011
Plan 2 - Maintain K4 as shortened fiscal year and update table T093C to allow system to identify that this 2011 fiscal year is shortened fiscal year. but in both cases question remains what to do with planned depreciation of remaining 9 months?
Waiting for your feed back.
Thanks and Regards,
Sany..

Hi
The system will show you the list of Assets which are incomplete.
I think for the incomplete asset you have not assign the group asset.
Hence in AS02 transaction enter one by one the incomplete assets and complete the same. then run the AJAB transaction which will allow you to close the asset year.
if the answer is helpful kindly assign points
Thanks & Regards
Mahesh

FICO: Asset Accounting : Retirement

Dear Friends,
Can someone share the asset disposal posting for the below scenarios.
1 . Asset disposal end of its life with customer with gain or loss
2 . Asset disposal mid of its life with customer with gain or loss
3 . Asset disposal end of its life without customer with gain or loss
4 . Asset disposal mid of its life without customer with gain or loss
Thanks,
Regards,
Perumal
help.sap.com

Hi,
Welcome you post on the forum.
However this forum is not a proper one for you. You need to post on the [ERP Financials - Asset Accounting|SAP ERP Financials - Asset Accounting; forum.
Please close this one.
Thanks,
Gordon

Error - Asset Accounting

Hi All,
I have an Issue in Asset Accounting.Details are mentioned bellow. Pls help me with your advices to resolve this.
Fiscal year assigned for our Company Code is Z1 and it starts from April 2007 till March 2008. We have run the depreciation for 8 periods (i.e., from April 2007 to Dec 2007). After posting the depreciation for December 2008, Management has decided to change the fiscal year to April 2007 to Dec 2007. So that we will have the Calendar year as the Fiscal year from 2008 (jan 2008 to Dec 2008). So that i have change the posting periods by shortened the fiscal year.
As System calculates the depreciation for 12 months and it distributes into 12 periods in that year, postings are done for the first 9 months (Apr 2007 to Dec 2007). And there is balance of 3 months depreciation not posted in the system according to the system initial calculation. So while running the depreciation for 1st Posting Period of 2008 (jan 2008) system has shown error. And so that i have test run the depreciation (AFAB) for the December 2007 with selection of Repeat Run. Results of the test run shows as Amount Posted in Dec 2003 is with correct figures and amount to be posted is with the amount of the 3 months depreciation. So system is expected to post the 3 months Depreciation. Only then we could able to run the depreciation for January 2008.
But we are not required to post those 3 months depreciation in Dec 2007 as that is the last posting period in 2007 and we have already posted the depreciation for this month.
Pls help me to provide the solution to change the amounts which are shown in Amount to be posted column if i repeat run for Dec 2007.
Thanks in advance
Regards
Rao

Check whether you haev made the settings in the following path.
SPRO-Asset Accounting-Integration with the General Ledger-Valuation-Fiscal Year-Fiscal Year Variants-Specify Other Versions on Company Code Level
and
SPRO-Asset Accounting-Integration with the General Ledger-Valuation-Fiscal Year-Fiscal Year Variants-Shortened Fiscal Years-Define Reduction Rules for Shortened Fiscal Years

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.

Asset Accounting: Lineal Depreciation

Hey!
I have implanted the module of Asset Accounting. We have defined a lineal depreciation Key for some assets. But when we enter to the Asset explorer (AW01N), we can see that we have different values for each posting period (the posting periods are defined in months). I think this is because each month have diferente days so Sap calculate different values. We think that SAP is considering if the month has 31 days or 30 days.
I want the depreciation to be calculated with the same value each month. In what point of the cuztomizing I can define this?
Thank you in advance,
Leyre

Pls check the settings for the period control methods where you can define the no.of days with FV, based on the days wise you can restrict the depreciation amounts calulation, but the specific amounts option will not be available to serve your purpose.
Let me know for any further info.
Regards,
Suresh

Asset Account mapping

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