Asset accounting revaluation and period control
Hi, does somebody know how is the period control determined for Revaluation? For example, I make manual revaluation in ABAW with asset value date 01.01.2007 and I want the effect on the depreciation to begin from the same month. Now it begins from next month and I suppose the period control is linked to the period control for 'acquisitions' (set up as from next month).
To say it directly, how can I customize the period control for Revaluation?
Thanks in advance,
Lyubomir
Hi Andreas,
I have tried this too, but when I create it I cannot navigate to this view. Obviously this can only be acheived through direct maintenatce in the table. However one upgrade will overwrite your changes and this is not a good solution.
Thanks for your help. I understood that the period control can be viewed in table TABWG as well - there I understood saw that the period control of my transactio types have period control as for acquisitions.
Best regards,
Lyubomir
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Hi Friends,
Can any one please brief about these different terms used in SAP with respect to assets
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Are these all different components having different functionality.
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A new dep key and period control have been asked to create.
In this case, what are the steps that needs to be done?
Pl help me out.
Thanx..
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Account group and Account Type.
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Question on SAP Asset Accounting
Dear Friends,
We are working on a new enhancement for our project. In this development we have to implement parallel ledger with Asset Accounting. We have already Asset Accounting implemented, and two months of depreciation already posted. The current COD is now used by 4 company codes across 4 countries.
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Solution planned - We thought to create a new COD and assign the depreciation areas with the ledger groups . BUT WE ARE NOT SURE HOW CHANGING THE COD IN THE SYSTEM IN THE SYSTEM WILL IMPACT.
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Ranjan82HI ,
For point 1
You can define depreciation area and in Integration wth GL you can define the Traget ledger group of posting for each depreciation as below screen shot
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many Thanks -
Hi,
Where is the link between Asset accont and material also PO.
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satishHi
While Doing any procurement U will mention A in the account assignement category.
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Raman -
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
venkatareddyHi 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.<b> It is usually not necessary to create a separate fiscal year variant for Asset Accounting.</b>
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.
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Period Control in Asset accounting
Can someone explain me how the period control works? Also how will we determine period control for 'Mid-Quater' convention.
Please help me out on this. Thanks and regards,
Vishal.Period Control Method is a system object that controls what assumptions the system makes when revaluating asset transactions that are posted partway through a period.
Using the period control method, for example, you can instruct the system only to start revaluating asset acquisitions in the first full month after their acquisition.
The period control method also allows different sets of rules for different types of asset transactions, for example, acquisitions and transfers.
Regarding determining period control 'mid quarter', it is based on the assumptions of the business for the asset revaluation.
PS: Please award points if you find the answer as useful. Your rewarding will motivate me in the future to answer more questions. Thanks. -
Period Control Method 01 and 03 Mid Month Convention
Hi All,
I am trying to create two different depreciation keys.
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Secondly another deprecation key with period rule 03 i.e. prorata at mid period. Meaning that the ordinary start deprecation date should be from 15 of the month.
I activate the " Use of Half Months in the Company Code" then the deprecation key with prorata at period start date is behaving like pro rata at mid period.
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I created an asset that was capitalized 5/18. For book depreciation the start date should be 5/1 and for tax it should be 5/15. Both of the areas are showing 5/15. have i missed something?Issue Resolved
Steps:
1. In transaction OAVS define a new Per control (Z1).
2. In transaction OAVH create the following: My fiscal year is from Aug-July
3. Update transaction AFAMP, create a new period control method and assign it Z1/Z1/Z1/Z1
4. Finally update the period control in the book depreciation key AFAMP.
D M Period
Z1 At period start date 1 31 5
Z1 At period start date 2 28 6
Z1 At period start date 3 31 7
Z1 At period start date 4 30 8
Z1 At period start date 5 31 9
Z1 At period start date 6 30 10
Z1 At period start date 7 31 11
Z1 At period start date 8 31
Z1 At period start date 9 30 1
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Z1 At period start date 11 30 3
Z1 At period start date 12 31 4 -
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.
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VKThanks for watching
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Index series and index class in asset accounting
Hi All,
I have read in the SAP documentation that we need to assign index series to index class. I have not found the place where index class is configured/assigned. Could you please let me know what are the configuration steps for indexing in asset accounting for calculation of replacement value and purpose of each of these steps/fields?
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SureshHi Suresh,
Revaluation is calculated as follows:
( KANSW x Index / Basic ) - KANSW - KAUFW
In OAV5: Defining Index Series for Revaluation Posting
http://help.sap.com/erp2005_ehp_04/helpdata/EN/b0/99a504832f4f10ac6177397dc3a505/frameset.htm
Store the index in the depreciation area.
Please also check the button Indicator "posting revaluation" in OAYR and read the F1 Help
Regards Bernhard -
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.
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How to Open & Close the periods in Asset Accounting for Depreciation.
Dear All,
How to to How to Open & Close the periods in Asset Accounting for Depreciation ? Please let me know
If there is any T.Code or procedure for it.
Your help is highly appreciated.
Thanks & Regards,
Pankaj.Dear Alex ,
1) I am facing one problem that one of my asset 123 I Capitalized on 13.09.2006 have deactivated on
14.05.2008. with value of Rs.1.00.000/- all the activities are closed down related it on deactivation date.
In 2009 a new asset 456 purchased with different value. But in T.code OARP in column cumulative acquisition
value it is showing value of Asset 123 instead of it's own capitalization value.
2 ) And about my Asset 123 it is also showing a Cumulative Acquisition value in year 2009 which it
should not display because I have already deactivated that asset. ( The same checked in AR03 )
Please help.
Your help is highly appreciated.
Regards,
Pankaj.
P.S :- Keep the discussion on for further assistance.
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