Asset acquistion thru PO & Credit memo

Hi,
we post MIRO for Asset and after that wanted to raise a Credit memo.how can i do it?
if i wantetd to raise a credit memo against PO(purchase order)for assets, what should i do?what is the t-code?please give me the clear proceedure.
Thansk in advance
***points will assigned
Thanks
Prathima

Create PO with Account assignment category - "A". This will make Asset # ready to input in Account assignmetn tab of PO item. You can enter asset number there. All the postings made to PO will post to Asset.

Similar Messages

Difference between doing revaluation of an asset and posting a credit memo

Hi all,
My cleint wants to know what exactly is the difference between posting a credit memo to an asset and doing revaluation of an asset.
Any help is appreciated.
Thanks,
Krishna

hi,
revaluation: An adjustment to asset values to compensate for a reduction in the value of a currency because of inflation or when adopting market value principles for the valuation of fixed assets.Revaluation enables you to valuate assets at their replacement value (which differs from the acquisition and production costs).
credit memo: A posting that reduces the balance of the asset
A.
pls reward useful answers
thank you

Asset depreciation issue after Credit memo posted to asset.

Hi,
We bought asset on 2010 Dec with price 100,000 SGD last year. The asset, monthly depreciation = 833.33 SGD with 20 year useful life.
This month, we received an CN to minus 20,000SGD for some reason.
Hence I do credit asset with transaction type 160, post 20,000SGD to this month.
Seem like now system are getting current NBV to calculate the depreciation for remaining useful life. It is not they want.
Business assume to get positive depreciation this month to re-adjust back the 20,000SGD depreciation to this month.
How to get month depreciation value 666.66 SGD after this asset? Hope you can suggest me.

Recheck your Multi Level Method in AFAMS. You should use the base value 24.
Have to ticked "remaining useful life"
Also, check your OAYR settings? Did you select "Smoothing"

Credit memo for subsequent acquisitions in Fixed Assets

According to the Fixed Asset help file - section Credit memo for Subsequent Acquisitions it Says " Fixed Assets *DOES NOT* allow posting a credit memo for a subsequent acquistion. What are the exactt circumstances in which Fixed Assets will block these credit memos. I have added subsequent Acquisitions and Fixed Assets appears to allow credit memo's where depreaction has not been run and also where depreciation has not been run. How does this blocking mechanism work?

Hi John
It appears that there is no good answer to your question. From my undertstanding, the SAP Fixed Assets add-on is a very basic solution, and does not anticipate many of the changes that can occur once an Asset is acquired. Frankly, it is pretty basic when handling the initial acquisition.
Not that this will help you with this particular install, but the Fixed Assets add-on from B1 Fixed Assets LLC does a very thorough job of creating Assets, where you can use any or all of Invoices, Credit Memos, and Journal Entries, mixing and matching to create the Asset. Once the Asset has be added, making Cost Adjustments is almost as thorough, and provides considerably more options to recognize the Cost Adjustment. You can see a viedo of a relatively simple Asset Acquisition on YouTube (www.youtube.com/b1fixedassets).
Let me know how you get this issue resolved - I am very interested.
Joe

Error While doing the Asset Credit Memo -ABGL

HI,
While doing the Asset Credit Memo -ABGL,i am getting the below error.Kindly help me with your inputs.
Balance for transaction type group 10 negative for the area 01
Message no. AA629
Asset affected: 406000000004-0000
Diagnosis
With the transaction entered, the balance for the transactions in group 10 in area 01 will be negative in this fiscal year. However, the balance of transaction type group 10, according to its definition, must be positive in each fiscal year.
System response
The system rejects this posting.
Procedure
Check the transaction type, the amount and the fiscal year in your posting. If you want to post a credit memo to an acquisition from the previous year, then use a transaction type for a retirement. If necessary, you can change balance rules after talking with your SAP consultant.
Thanks
Supriya

Check your config in OABN / OADB
The depriciation area 01 can allow you post values only postive .. in OADB
it has maintained Acquisition values Postive or zero values and net book
values has miantained Postive or 0 values. so based on this setting u cannt
post any negative values for this asset.

Error while doing ABGL Asset Credit Memo

Hi Friends,
I am getting the below error while doing Asset Credit Memo in ABGL. Please help me in fix this issue.
Balance for transaction type group 10 negative for the area 01
Note:In Asset Explorer Fiscal year start Asset value is 98,425.45 and Change is 4768.19. So total Asset value as of now is 1,03,193.64.
Now we are trying to do ABGL with 12,790.23 value (Transaction type is 105). System is giving the above highlighted error.
If we give the amount 4768.19 in ABGL transaction, system is not giving any error. If we give more that that system is giving error.
Why system is giving error even the asset has balance of 1,03,193.64? Please help me on this..
Thanks
Sunil

Hi,
If the asset has been capitalized during earlier years, use ABGF to post credit memo. ABGL is meant for assets capitalized during the year.
Best Regards,
Madhu

A/R Credit Memo with Reference to A/R Invoice thru DTW

Hi Everyone,
i would like to ask if it is possible to upload A/R Credit Memo thru DTW but the Credit Memo should be reference to an Invoice. Thanks in advance.
Malu

Hi Malu........
You can obviously transfer the Target Docs based on Base Doc.
All you need to do is you have to give base entry in target document line template.......
Regards,
Rahul

Fixed Asset - A/P Credit memo

Hi All,
Is any body knows how to raise A/P Credit Memo for an item defined as fixed asset?
What are the things we need to take care of before raising the A/P credit memo for fixed asset item?
thanks
SV Reddy

Hi Yogi,
The scenario is like this. I have accidentally added a fixed asset into the system, for that an A/R Invoice is already raised in the B1 system. for that I like to raise a contra which is A/P Credit memo. so that will reverse the transaction.
please reply
thanks
SV Reddy

Fixed Asset failed to do a capitalization credit memo

Hi All
financial period April - Mar
I have this fixed asset capitalized on 1 May 2014, from A/P invoice at the price of 14,649.37. I have done the depreciation run for May-Jul (period 2 - 4). Now I want to do a capitalization credit memo on 1 Aug 2014 and noticed that it prompted me error even though I have just put $1. Then I tried to do an asset revaluation, realized that the NBV is negative now. I believe this is the reason why the cn is disallowed, but I have no idea why it has fallen to negative value. Please kindly advise.
At first I thought the quantity matters, because I didnt put "Consider quantity" in the AP invoice, so the capitalization which was created automatically has zero quantity. But later on I realized that I have other asset which has also zero quantity and has done depreciation before, yet managed to do a credit memo.
In the asset class, I set to SL1, but in the fix asset master, i changed to SL. I dont this is the cause of the error.
The (1627.76) is derived from the depreciation, 406.94 * 4 months (May, Jun, Jul, Aug) even though the depreciation for august has not been done yet.
Regards
Yvaine

Hi,
Please refer SAP note :
1898965 - 9.0 - Cannot add AP Credit Memo or Capitalization Credit
Memo for fixed assets
Thanks & Regards,
Nagarajan

Credit memo for asset with depreciation posted

HI,
There is requirement to pass a credit memo for an asset.
The asset was purchased on 01.04.10.
And have been depreciated till 31.05.11.
Now the client want to pass credit memo for the full acquisition value.
My issue is when I am passing the entry through ABGF - ... in Next Year
System is throwing error stating the value is going negative.
Then we passed the write up for the depreciated value as on 01.04.10.
Still system is giving the same error message.
Please suggest on what date should I pass the write up to clear the whole posted depreciation and pass the credit memo.

Hi,
Go to asset master change, in depreciation are tab double click on depreciation are number then select negative values allowed check box
Hope this will help you.
thanks!

Asset is not getting reversed when posting credit memo

Dear Sapians,
My client is having an asset with a value of Rs 6,00,000/- and the asset capitalized date is 19.07.2007. Now the client wants to raise a creidt memo on 19.07.2007 for Rs 5,00,000/- for which he dont wants to calculate depreciation with the transaction type 105 (credit memo in invoice year) in t.code F-90.
But the system is giving the following error.
Balance for transaction type group 10 negative for the area 01.
so can anyone plz revert back me on the issue.
Regards
T N R

Hi:
Go to Asset Master As02, clcik on the tab Depreciation areas
double click on Depreciation area (Ex:Book Depreciation area)
you will come to the screen Change Asset:Depreciation area Book depreciation .
In Additional specifications, you will find a check box Neg.values allowed.Select on the check box and try again.
Please let me know if you need more information.
Assign points if useful.
Regards
MSReddy

Vendor Credit Memo posting to Asset when invoice did not

Hi Experts,
We are on SAP 604 and have the following scenario.
PO to purchase an asset at $10,000. (not an inventory item).
Goods receipt has NOT been done.
1st invoice comes in but is only for half of the asset. (.5 qty at $5,000) does not post to asset since there is no GR done.
Postings:
Debit 201010 $5000
Credit 201015 $5000
2nd invoice is data entered wrong. It is for the remaing half but Acts Pyble enters quanty of 1 instead of .5.
Debit 201010 $5000
Credit 201015 $5000
When reversing the second invoice (or even just entering a credit memo), instead of the posting doing a simple reversal of hte invoice like this :
Debit 201010 $5000
Credit 201015 $5000
SAP posts to the asset even though there has yet to be any other postings done to the asset (no GRs and no invoices have posted to the asset). Credit Memo posts like this:
Credit 201010 $5000
Debit 201015 $6666.67
Credit Asset: $1666.67
Please confirm whether you see this posting as an issue for the asset. I have posted an OSS message to SAP and they are saying the system is working as designed unless I gather enough business requirements to do a development request. I'm trying to see if this posting is just an issue for my organization. Typically we would not expect a Credit Memo to capitalize the Asset. - Or if you know of a fix, please let me know.
Thanks!
Cindy

If you do not want negative posting/ balances in your asset, you can configure the depreciation areas to allow positive values only. That way if balance is negative (as in your example), posting is not allowed.

Asset Credit Memo Issue

The problem with doing an FB60 credit memo is that these PO and invoice documents are against an asset. I do not believe you can post directly to those accounts. How do i debit what we owe the vendor and credit the amount that has been posted to the asset? That is why I tried to enter a credit memo through MIRO instead of FB60.
We also have an order that I need to enter a credit memo for, it was invoiced through F-90, but since it is also against an asset I am not sure how to enter the credit correctly.
please help me
Thanks
Prathima

What is the problem you are facing posting credit memo to PO ?
You can make Asset as account assignemnt category for PO, This will allow posting to asset.

ABGL Post Credit memo for asset

Hi,
In transaction ABGL (Credit Memo in Invoice Year), I wanted to issue credit memo for price difference in acquisition of asset.
issue background:-
asset bought without PO (F-90), last year 2010
Now we want to post Credit memo for this asset.
Error hit:
Acquisition value negative in area 01.
Message no. AA617
What is this error message mean? How to resolve this?

Hi,
in OADB, our setting :-
Acquisition value = +
NBV = +
Investment grants = 0
Revaluation = 0
Ordinary depreciat. = *
Special Depr. = *
Unplanned Depreciat. = *
Transfer of reserves = -
Interest = 0
Revaluation ord.dep. = 0
I follow your step, i change acquisition value field to "-", it prompt me this message:-
Caution: generic values for real depreciation area (refer to long text)
Message no. AC246
Diagnosis
You set up depreciation area 01 so that all types of acquisition values are allowed. However, this only makes sense for derived depreciation areas.
System Response
Warning message. The system allows the setting, but note that it can lead to undesired effects for real depreciation areas.
Procedure
Check the setting.
I change theAcquisition value + to -?

Dump when trying to reverse asset credit memo in transaction ab08

Hi all!
I am trying to reverse an asset credit memo in transaction ab08 but I get runtime error - short dump. Runtime error: mesage-type_x.
And the following text is given:
Message: GLT0/000
Program: SAPLGLT0
Termination point: AWSYS
Anyone that knows what to do?
Many thanks in advance!

Hi
Please forward this query to the ABAP guys in your firm.
Rgds
Zub

Asset acquistion thru PO & Credit memo

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