Asset Accounting Depr. Post

Hi Gurus..
My Org. Using SAP from Past 5years with 2Depr. Areas now the want to increase Depr. area from 2 to 3...
Wht is the procedure, can u please give solution..

Dear sai9538
Just copy of Depreciation area. Financial A/c New - Asset accounting . Orgnisation structure - Copy referance chart of depreciation/Depreciation Area
click on Copy/Delete Depreciation Areas
select book depreciation area - select copy as icon - Give new depreciation area - give your requirements
Regards
shankar

Similar Messages

Incorrect posting in asset accounting after legacy asset transfer

I have an issue in Asset accounting.
The depreciation key used is LINA (with a base method 0009 and Dec. bal. method 001 straight line depreciation)
My question is:
An asset was acquired 02/01/2005. It has an expected useful life of 1/11.
Under AS93.
I see the asset ***. acquisition value 205,695.00
Accu.ord. deprec - 78,784.06
The asset was transferred to SAP at 03/31/2007.
Now In aw01n I see the following:
Legacy data transfer Per 3 Ord. deprec 10,143.87
Posted Per 4 13,364.13
Posted 5 5877.00
Posted 6. 5877
Till 8th month posted 5877.
The posted values are wrong. Since it was transferred to SAP it has a useful life
of 1 year. At this rate it will go for 3 years.
What can I do to rectify this error?
Why is it posting 5877?
Thanks,

Hi Roma,
The useful life has to be the Total Useful life of the asset.
Since your useful life is less than the expired usefull life the system is calculating depr. for after the end of useful life, which for base method 0009 is curbing.
Curb
With depreciation beyond the planned useful life, the depreciation percentage rate can be derived, not only from the planned useful life, but also from the actual useful life. This method produces a declining-balance effect instead of a straight-line effect (curb).
Use Base Method 0007, this does not curb.
Kind regards
An asset that originally had a useful life of 10 years is depreciated in year 11 by 1/11 = 9.09 %, in year 12 by 8.33 % and in year n with 100/n %.
When you use below-zero depreciation with a curb, the system determines the percentage rate, after the end of planned life, to the exact period and not to the year.

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 advance

Hi 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

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

Impact of Changing Posting Periods in FI on Assets Accounting

Dear Friends,
I did a testing by changing the No of normal posting periods from 12 to 13 in FI Fiscal Variant. I did a testing in different areas of GL, AR and AP and the posting was well with no error at all.
I have a issue with Assets accounting, in the Assets Master Data, Usefull life was throwing error. Depreciation Posting was having the problem so is the reitrment ABAVN.
Any body has idea, how to overcome the Assets accounting issues.
Regards
VK

Thanks for watching

Posting in Asset Accounting in closed fiscal year

Hi
We are in the fiscal year 2009 and my client wants to open the closed fiscal year 2008 in both Asset accounting and Finance.
Point 1 : The requirement is they want to post some correction entries in April 2008 -Let me know what needs to be done in terms of depreciation posting etc to do a 2008 yearend again.
Point 2 : Any specific steps to do a full year end in 2008 now to balance Asset Accounting and Financial .And to carry forward balances as to where we are now in period 10.
Please advice.

Hi,
if you open 2008 and post, you have to process the full fiscal year end close procedure. AFAB, ASKB, the whole story.
You don´t have to worry about the carry forward, this will be done automatically by the system.
Regards,
Markus

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,
RajuPotharaju

Dear
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.
Regards
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,
Kaori

Hi 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

How to post xpenses in asset accounting

hi,
how do i post freight expenses to an asset account and at the same time credit the vendor who has provided the freight. can i do it in abzon ?
what i think is
 Asset A/c
 to expenses a/c in abzon (giving expense a/c as offsetting a/c)
 Expense A/c
 to vendor A/c in fb60
tell me if it is correct, or there is any other procedure and correct me if accounting entries are wrong

Hi,
As per generally accepted accounting procedures, any expenses incidental to bringing the asset to use need to be capitalised, which means that they need to be added to the value of Asset Account.
The accounting entry can be
Dr Asset
Cr Clearing A/c
On invoice
Dr Clearing A/c
Cr Vendor
On payment of freight to vendor
Dr Vendor
Cr Bank
Please check the relevance to the issue in context. you can post to the asset with an appropriate acquisition transaction type.
Rgds.

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!

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

Asset Accounting Depr. Post

Similar Messages

Maybe you are looking for