Asset acct

SAP guru's:_
depreciation area represent the valuation of the asset, for the given purpose, that is book depreciation, tax depreciation, and cost accounting values, book depreciation is posting in the books means g/l accounts, tax adjustment purpose we calcualte the tax depreciation, but here what is the COST ACCOUNTING VALUES, plz just give clear idea about this one.

Hi
To get the product cost, you need to all the costs, which are incurred in mfg that product. Dep. is also the part of cost (like machinery dep...factory building dep....etc)
In every Asset master you will assign the cost center , based on that dep..relating to that asset goes to the cost center.
VVR

Similar Messages

  • Asset Acct doc and Amt in LC

    Hi
    When the PO is cread for Asset doc type and the MIGO done.
    At the time we were not able to see the Amount in LC tab in GR display doc.
    Also at the time thr is no acct doc got generated for the MIGO posting.
    Wat could be the pblm.
    Vijay

    see for the asset accounting all the cost will hit to the asset which u have assigned for itemwise. so please check in the asset accounting it wont show in the amt in lc, hope this will help u.
    rgs
    santosh

  • Error in Asset Purchase Order

    Hi,
    We are in SRM 7.01, EHP1. I created a shopping cart with asset account assignment. Shopping cart created without any problem. When i am creating PO against shopping cart in sourcing cockpit or with source of supply in shopping cart i am getting the following error.
    Line 1: Enter another transaction type (Transaction typedoes not exist)
    Line 1: Error in account assignment for item 1
    And i am not able to create the purchase order. I am able to create the purchase order with all other account assignments for example:  WBS, cost center, Order .
    Please advise where i am doing mistake.
    (N. Kiran Kumar)

    Hi Kiran,
    Please implement the note below in order to solve this issue.
    954904   Follow-on Note of Note 905635
    Also please take a look at the note below.
    1410321  Shopping cart w/ asset acct assignment:Checks are
    Best regards,
    Christian Zeuch

  • Asset issue in as91

    Dear Sapgurus,
    while uploading the asset masters through as91 system it is showing error message
    30 Consolidated balance sheet in local currency
    Line item causes scrap value of 0,00 to be violated
    Message no. AA632
    Asset affected: INTERN-00001-0000
    Diagnosis
    The book value of the asset is below the the cut-off value in the amount of 0,00.
    Procedure
    Check your entries for the amount, transaction type and cut-off value specifications, such as memo value, scrap value or cut-off value percentage rate.
    Reg
    SATYA
    Double-post under different name

    dear Freind,
    the feild "ANLB-LGJAN" represent Last fiscal year for the annual values in Asset Acct. so try giving 2009 there instead when you are uploading that data.
    Best Regards

  • IS THERE ANY PROCESS IN ASSET REVALUATION

    hi sap guru's,
           we are facing a problem for ex
               we purchased a asset in 2003 for value 1cr 80lck. but the same value entered in the books is 2cr. Now we want to reduce the price of that asset in our books. Is there any process to do the revaluation.
             Kindly suggest me how to reduce the value and give me the steps or any document.related to it.
    it's very urgent please help us.

    Hi,
    If there is only one asset which has problem, you may think of following transaction.
    ABAW - Balance Sheet Revalation
    You need to work out following for ABAW transaction.
    1)  Amount to be reduce for Acquisition Cost.
    2)  Do you want to adjust Acc Depn till previous year as well .. Work out the value of acc depn.
    3)  Default Trans Type is 800 which debits the asset i.e. revalues Asset to higher value. If you have to credit the asset i.e. reduce asset value, use Trans Type which credit.
    Check following in the customizing:
    IMG : Fin Acct --> Asset Acct --> Special Valuation --> Define Transaction Type for Revaluation.
    1) Select T type 800.  It is configured for Debit Posting.  Check other T Type which are configured for credit posting for revaluation.
    2) Check which depreciation area, revaluation to be posted.  Add the depreciation areas for this tranaction type posting.
    Hope this helps.  If helpful, pls. assign points.
    Regards,
    Chirag

  • Procurement of Assets and MRO items

    HI all,
    Can anyone share with me if return delivery is applicable to procurement of MRO items(acct assigned K) or Assets(acct assigned A)?
    Not sure if return delivery can be done for consumable materials..Hope to have a clearer concept on return deliveries..
    Thanks.

    Not possible with stadard functioanlity but you can make it work around
    like creating dummy non valuated material and take in the stock and when you need to return use this material
    but make sure that bussiness really want to da that

  • FB05 - trans to be processed and first line item PK for doc type

    Hi all,
    Me quite confused of the entry for the following document type in FB05
    DG - cust credit memo
    DR - cust invoice
    SA- gl acc doc
    SB - gl acc posting
    KG - vdr credit memo
    DZ - customer payment
    Need the help to let me know for document type above, what radio button to choose in transaction to be processed and also what posting key use at first line item.
    Also if i choose the wrong transaction to be processed radio button, any impact?
    thanks
    rgds

    Document type is primarily used to distinguish different various types of transactions. Ultimately, there are only two effects in accouting - debit and credit. Thus, doc type helps distinguish btw various types of accounting entries. It also controls certain field status while document posting and also drives the number range for the accounting document.
    Posting keys determine whether a transaction will be a credit or a debit. They also have an influence over the field status of the document entry screen. Posting keys are broadly divided into those belonging to
    Customer                             - Acct type C
    Vendors                               - Acct type V
    GL                                       - Acct type G
    Fixed Assets                        - Acct type A and
    Material Mgmt. transactions   - Acct type M
    For each account type there are both debit and credit posting keys. You can clik on F4 on the posting key field and see the various entries. You will understand.
    Thus, which posting key to enter depends on the transaction you want to enter.
    Regards,

  • GR non valuated check box in PO

    Dear All,
    Our client has created a PO for Asset (Acct Assignment A) and Multiple acct assignment given in item detail.
    After making GRN found that Accounting entry is not there.
    When checked in PO GR-non valuated check box is checked.
    After cancelling GRN and try to save the PO,again tick appears automatically.
    When i check the Account assignment in SPRO, GR non valuated check box is not checked.
    How to remove  GR non valuated tick in PO?
    Regards

    Venkat,
    I wrote the same issue to SAP and sap has confirmed that system will not generate the accounting documents at the time of MIGO for multiple account assignment.
    Incase of multiple account assignment category, the Cost proportion will not be appearing at the time of MIGO. It will get updated only at the time of Invoice verification.
    Just post the MIRO and then compare the account document at the time of MIRO with the single account assignment and multiple acc.assignmnet PO.Hope it will help.
    If you want i can forward that response from SAP to u.
    Edited by: Manish Kumar Agarwal on Jun 16, 2009 2:02 PM

  • Hierarchical ID Recursion for Chart of Accounts

    This must be a pretty standard report format but so far it looks as though I’m not smart enough to figure out how to get ‘er done. I’m using 2008 R2 to work with a hierarchy of about 30k GL accounts. The hierarchy is narrow at the top—only 5 subtrees (Assets,
    Liabilities, etc.)—and it is only four levels deep but the bottom levels are several thousand accounts wide.
    In addition to the original Account_Number and Parent_Number columns, a straight-forward T-SQL recursive CTE has produced 3 new columns which I suppose should be useful. I’ve tried to work through the SSRS help examples on How To Create a Recursive Hierarchy
    Group but it’s not getting me where I want to go.
    Level     Hierarchy            
    Node                    
    Account_Type
    1             
    /1/                         
    0x58                      
    Assets
    1             
    /2/                         
    0x68                      
    Liabilities
    1             
    /3/                         
    0x78                      
    Equity
    1             
    /4/                         
    0x84                      
    Income
    1             
    /5/                         
    0x8C                     
    Expenses
    2             
    /1/1/                    
    0x5AC0                
    Assets -> Cash
    2             
    /1/2/                    
    0x5B40                 
    Assets -> Acct Receivable
    2             
    /2/1/                    
    0x6AC0                
    Liabilities -> Acct Payable
    I would like to a report which opens showing only the top 5 accounts but which will allow User to drill down through each of the remaining 3 levels. Using an expression to indicate level by simple indentation is not an option.
    Please point me to an example or some more instructions.
    HomeCookN

    Hi There
    As far as I understand you  have charts of account which have three levels and by default you would like to open first level and from there user will drill down to next level.
    You could do it easily by creating three row groups and visibility of the second and third level will be hidden initially and use display can be toggle by report item as shown in the figure.
    However if you don’t like to go on this track and give your user the option to select which level he would like to see after the first level then please create a parameter and give user the ability to go straight to that level.
    I am putting some screenshot for your help.
    If you still have a questions please let me know.
    Many thanks
    Syed Qazafi Anjum
    Please click "Mark as Answer" if this resolves your problem or "Vote as Helpful" if you find it helpful.

  • Year end closing

    Hi Gurus, while my clinet used Asset Acct last time in 2002. when i close year,2002, after running the depreceiation run in AFAB it does not allow me, saying
    "the planned depreciation was not posted to Financial Accounting for assets( 100 assets in the list) in compnay code xxxx in depreciation area 01.
    Procedure: it says" post depreciation using the appropriate posting program( Periodic processing) in FINANCIAL ACCOUNITNG.
    i did
    AFAB
    AJAB   got that message
    please advice me, its urgent, i cheked config in AA too, for integration...
    Points will be rewarded for solution
    Thanks.....Cheers

    I am not jumping to the next perios, but it dont allow me to close either.....once it will allow me to close, then only i can move forward, to post, if i post in todays date, it says close 2002 period, which dont allow me to close caz of the ERROR LOG I GOT " Assets Balance sheet values not completely posteed"..

  • Evaluation group issue

    Dear Experts,
    We  have created new Evaluation group in t-code YIDFI_AA0001 (table maintainence) and also in SPRO path Fin Accounting>>Asset Acct>>Master Data>>>User fields>>>Define 4 character evaluatin groups.
    My question here is, does the values maintained in Evaluation group are defaulted in the Asset Master (values like evaluatin group 2 and useful life)??
    Because when we checked one asset, we did not see the new evaluation group and useful life.
    Please explain if we need to manually select the evaluation group in the asset or should it get defaulted.
    Thanks in advance
    Leena...

    Leena-
    The values you maintain in customizing will not default in the master data. In the master data, you will have to select what you want. It works like this. Lets say you have maintained four evaluation groups.
    Evaluation group 1: You maintain some entries for this field like  state abbreviations (MO, IL, CA, AL, NO, FL)
    Evaluation group 2: You maintain some entries for this field like some codes for type of buildings (FBUS - Factory building us, ABUS - Administration building US)
    Evaluation group 3: entries like department codes (ADM - Admin, PRD - Production, etc)
    Now when you create an asset master, you can choose from the entries you maintained in customizing for the respective evaluation group.
    For example, i am planning to purchase an asset for my Missouri office, part of admin building and belongs to production dept.
    So you choose
    Evaluation 1: MO
    Evaluation 2: ABUS
    Evaluation 3: PRD
    So, you will have to maintain them manually when creating master data.
    Hope i have answered your question.
    Shail

  • User Exit for getting Purchase Requisition Release Strategy

    Hi Experts,
    When a user creates a PR I need to know the user exit I need to implement so that the First Approver (Processor) text  in the Release Strategy is populated from a custom table. I have seen that the field is MEREL_S_GRID1-STEXT. I also need to know if I can implement a user exit so that it pulls the release strategy for a PR for assets (Acct Category A) since it is pulling for Acct Category K (Cost Centre) and the Release Strategy tab is appearing in this case.
    Kind Regards,
    Darlington

    Hi Meenakshi,
    Thanks for the very useful answer. It has given clues on how to resolve this issue. I have resolved this issue for the Asset item category using the following thread: user exit for requisition release strategy, and also SAP Note 365604.
    However, I have another issue, the release strategy for Stock Items, (item category blank) is not pulling through. I need to use the same method above but would like to know how it determines the funds centre for a specific stock item. I couldn't find where that is implemented in the material master and I need info on how to determine the account assignment for stock items based on the funds centre.
    Regards and Thanks.

  • DEpreciation in AFAB

    I uploaded the assets lasr dec.28,2008. Then i closed the asset fiscal year and carryforward the balances. Now, I want to run the depreciation in AFAB, but I can generate anything.
    T E S T R U N was terminated Refer to the error log
    No documents were created in this run .
    I need to have the depreciation posted to have my balances accurate, Please help me gurus.

    Hi
    Have u done the acquisition posting for the year 2009? please check.
    I was encoutering the same problem (depreciation run results - no records selected - eventhough there are no errors), but when i did F-90 acq.posting for the asset created, I was encontered with error" You cannot post to asset in company code fiscal year 2009" - diagnosis: "A fiscal year change has not yet been performed in Asset accounting for the company code"
    Then I run AJRW - Asset fiscal year change with year 2009 - removing Test run - after that I executed AFAB - depreciation run , system responded with posting details , hence I could post depreciation successfuly.
    Hence please try the below:
    1. check with posting F-90 with asset created in year 2009 - ensure the above error..
    2. If system insists for a asset acct year change, do with AJRW
    3. run AFAB
    Please revert in case of further issues...
    Thanks & Regards
    Ravi Raghavan

  • Depreciation areas

    hi all,
    in asset asset accting 01,02 ,03,10 dep areas we use like book dep ,special tax,special reserve &book dep can any body  explain with examples about that dep areas

    Hi Savvy,
       If you have one fixed assets, you need to show the valuation of that fixed asset according to Companies act, Income tax act & some information purpose(like Group  Consolidation).
    So We will create depreciation areas according  to our requirement  like  Book Depreciation area(Generally this is for Companies act), Tax Depreciation Area(This  is for Income Tax purpose) etc..
    For the  same asset also Depreciation  percent will differ from one depreciation area to other depreciation area.
    So we will create depreciation keys for individual depreciation area wise.
    So we will maintain the depreciation for the particular asset with individual depreciation keys(for each depreciation area).
    So that we will know the asset value as per the requirement if you select the Depreciation Area.
    Chandra(Prasad)

  • AS01 , AS11 - CCTR - Regd

    Hi gurus
    this is ramki
    In AS01 , AS11 Iam not getting the Cost center in F-90. Even I have given Cost Center in AS01 , AS11 also , but iam not getting the Cost Center which i have given in AS01 & AS11 . In F-90 the Cctr field is in Suppress mode without any value.
    For Asset Recon Accts i have given FSG - G007 and in that G007 CCTR is as Optional field , and i have checked the Screen lay out fields also in Asset Acct'g , in screen layout also it is in Optional mode , and i have checked the Posting Key also (70). What to do ??
    help me
    with regards
    ramki

    cost center you are giving in the asset master will work for Depreciation. scrap & if therer is any loss at that time sale of that asset.
    i dont think it will work for f-90.  check others openian also.
    Regards
    Prasad

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