Asset Capitalisation issue

Hi,
We have created a regular asset in the system, which was bought some times ago and later realized that asset was not used in operation but it was already capitalized and depreciation charged for four months. Now the factory accountant wants to reverse the depreciation charged for this asset and convert this asset to a AUC status as this asset still laying in warehouse without using to operation.(GR is carried out, PO raised and payments has been made )
What can be done from the system to correct this issue? Is there any way that we can covert a regular asset back to an AUC and stop charging depreciation for following months?
R,
Gayani

What type of inconsistency do you think will be there? Its my understanding that when you post the entry as said by me, the system would automatically adjust the balance in both Asset accounting and GL accounts. I think you are aware of this, but still....while posting an entry to Asset module subledger accounts, please use posting key 70 for debit and 75 for credit, Transaction type 100 for Debit and 101 for credit.
If you have access to AB08, then try using this Tcode and reverse the entry from the Asset account.
Either of this should be able to resolve your issue.
Regards,
Vinod

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Asset capitalisation date and depreceation date..

Dear all
I am facing one problem regarding asset capitalisation
date and depreciation start date.
In my project. one bus is purchased
in different component Ex . first they purchased
Engine , then
body , then assembly charges and then RTO registration .
Now ,
we booked in same asset no with all value , first i verified the invoice
for Engine in date 31.07.2007. asset value is debited with say
amount 500000 . than bill of body -amount 100000 at 30.11.2007 and
then assembly charges 50000 on 31.12.2007and than RTO registration
10000 on 05.01.2008.
Toatl asset vlue is debited by -
660000.
client want capitalisation date should be RTO
registration date which is 05.01.2008, so i make the change in asset
master Capitalisation date as 05.01.2008 because asset take value
from engine invoice verification date which was 31.07.2007.
Now
problem is, when i go for depreciation system calculate the depreciation
from 31.07.2007 even i changed the capitalisation date system calculate
the depreciation from the purchased date of Engine.
Is there
any configuration part where i have to make some change in Depreciation
start date or i am making some mistake.
Awaiting for your valuable
reaply.
Thanks in advance.

Hi
For the same instead of creation of Direct asset the process to be followed is:
1.Create Asset under construction - AS01 with class AUC
2. Assign the same asset to your each transaction (From PO
to Registration Charges)
3.Create another Asset using AS01 with Final Class Vehicle
Use transaction code AIBU - Settle for settlment of asset under construction to Final Asset Vehicle and during settlment put the asset valuation date as 5.01.2008.
Also in Transaction code AIAB you have to put the Final asset i.e. Vehicle on which you are going to settle the asset under construction
But for the same the total reversal of your existing process is required.
Thanks & Regards
Mahesh
Edited by: Mahesh Nigudkar on Feb 9, 2008 7:07 AM

Asset Capitalisation date was from deleted PO

Hi,
Assets capitalised date shown on Assests Display was delete PO's capitalisation date.
Please advice why the asset didn't pick up the new PO date.
TQ
Regards

Hi,
I am unable to change the deprecation date. Following was error message :
Dep.start date 01.02.2007 should no longer be changed (Please check)
Message no. AA930
Diagnosis
The ordinary depreciation start date 01.02.2007 has been changed. The depreciation start date is in a closed fiscal year. You cannot change depreciation in closed fiscal years.
System Response
The System allows this change. The depreciation start date is decisive for determining depreciation. This will be altered by the change, but only in the fiscal years which are still open, in other words from 01.07.2008.
Procedure
A. Confirm that you want to change the ordinary depreciation start date.
B. Check the expired useful life and correct this if necessary, because this also influences depreciation.

Asset capitalisation through cash journal FBCJ

Hi Experts
Please help me in asset capitalisation directly through cash journal - FBCJ.
I mean FI doc should be "Debit Asset code and credit Cash account " through FBCJ.
Is it possible. Kindly assist.
Regards
Kuldeep Dubey

Hi Kuldeep,
Asset account is a reconciliation account. Hence you cant add it to the cash transaction list in the config for allowable transactions in Cash Journal settings.
The work around is pay the amount thru a dummy vendor account thru cash journal . And use f-90 for capitalization of asset as well as setting of the dummy vendor entry done in cash journal.
The dummy vendor will be useful for you to track how much assets purchased from cash book.
Regards

Assets Capitalisation Entry

Dear Friends,
I am having One Assets Capitalisation Transaction Entry Problem.
I have Configured L400000 GL Account for Assets Cost Debit & E21710 GL Account for Eliminate US Gaap GLR Credit for Assets Capitalisation Entry in AO90 in assets configuration for 14 Countries.
Dr Assets Cost L400000
Cr Eliminate US GAPP GLR E21710
But As per One of the Business Requirement on Substitution of Assets.I need to Credit Substitution Clearing GL account for Assets Capitalisation.So that for that Process the Assets capitalisation entry should reflect as follows in SAP.
Dr Assets Cost L400000
Cr Substitution Clearing L23076.
Can Anybody Help me how to Configure in Assets Accounting particulary for this Business Process the above entry.
I will Assign Points.
Thanks,
Pankaj

Hello,
a. Create the new asset
b. Do intra company asset transfer to the asset
thats it.
it wud work correctly., even the depreciation gets transferred.
regards
anantha

Fixed Asset Importation Issue (Capitalisation Date)

Hello experts,
I have an issue regarding fixed asset importation.
I've import the fixed asset master data correctly in the system, with it's correct capitalisation date, APC, depreciation cumulative value and everything else correctly in the master data. Under Administration --> Data Import/Export --> Data Import --> Import Fixed Asset Master Data from Microsoft Excel.
However, where the issue is, it's now on the fixed asset history sheet, where the capitalisation date, is defined as the first date of the fiscal year "01/01/2014". Where by none of these assets were purchased on that date. But everything else on the report is correct except the capitalisation date.
Due to this issue, it is hard to explain how an asset was purchased on 01/01/2014, which have a use full life of 4 years, has depreciate completely in 2015. But if I check in its master data, I find out the capitalisation date is like in 6 years ego.
Note: I'm using SAP Business One 9.0 PL11
Any suggestion, comment or help is highly appreciated.
Best Regards,
Cedric Kayitare

Hi Cedric,
Capitalization date won't change it self after import. Check your import sheet which capitalization date you have enter. you need to execute fiscal year change and then import sheet.
If you have capitalization date for different years then you should have all period created and then year transfer.
In that case you will have to run depreciation from SAP for all corresponding year.
Post your sheet with heading for more understanding.
Regards,
Chintan

Asset Revaluation issue - Reval of Current year depreciation

Hi All,
We are setting up the system to do asset revaluation for our company code in South America. My client wants to
revalue the assets from Jul'09 to Dec'09.
1) We have maintained inflation indexes for the last day of each period in the year 2009.
2) Maintained Posting Variants and Time Base and Exposure variant accordingly for all the periods and year as 9999.
3) Assigned the appropriate Time base and exposure variant in the period control method.
4) Maintained the Revaluation Areas:
a) Area 01 - Book
b) Area 02 - Inflation Adj (Revaluation Area)
c) Area 03 - Derived (Area 01+Area02)
d) Area 22 - Infla Adj in Group Currency
5) Maintained the Revaluation key and assigned it to the relevant Asset classes by Depreciation Area (02 and 22)
6) Maintained the transaction types as below:
897 - Revaluation (downward) current year
892 - Revaluation (upward) current year
891 - Revaluation (downward) prior year
893 - Revaluation (upward) prior year
7) Maintained the Inflation Method and last revaluation date on Inflation method as 01.07.2009.
8) We have also activated the Revaluation after useful life.
With this setup in the system I took a test asset which had depreciation postings for the period 08 and 09. When I
ran the J1AI - Revaluation (Inflation) Program in the test run mode the outcome was that the APC value of the asset
was being revalued and Revaluation of Prior year Depreciation but not the Revaluation of current year
Depreciation. Can anyone tell me why current year Depreciation is not being revalued.
Am I doing something wrong process-wise or configuration-wise?
Please help me in resolving this issue.
Regards,
Raj

Hi Rajesh Phanibatla,
I've always happened that Issue. But what I realized is that although the program output (J1AI) does not show you nothing on "Rev of CY Depn", the system calculates. This only happens for the first month of adjustment (In your case, Aug 08).
Try checking the test asset with the Assets Explorer (AW01N) just after running the adjust (J1AI) in background process (NO test mode) at 31.08.2009. See if the area Area 02 - Inflation Adj (Revaluation Area) on "Posted values" tab shows something different to zero on month 08 with "Planned" status.
Then, for the adjustment of the following months, the output of the program will show you the "Rev of CY Depn" value.
If you want, let me know your email to show you a presentation (PowerPoint in spanish) that has screens that I captured on that occasion that happened to me.
I hope this is your case and can help you that I said.
Good Look!
PD: Sorry for my bad english :S

Asset settlement issue from Project System

Hello everyone,
In SAP, we have tied Project System and Fixed Asset in the sense that for each network/activity in PS we create and link an asset in Asset Accounting. In the Purchase Order, the network/activity number is assigned and all the transactions that occur through this PO (including down payment, its clearing, GR/IR) are then settled on the specified asset when we execute settlement run at month end through CJ88.
However, we have encountered scenarios where an asset was not timely allocated to the network/activity but the transactions were carried out through the PO. When the settlement run was executed, its impact was not visible in Asset Accounting. Later, it was realized and the asset was created and assigned. Once the asset was assigned, all the subsequent transactions through the PO were then being settled successfully. But the problem is with those transactions for which the asset number was initially not assigned.
Is there any program that can be executed to include the impact of the previous transactions. Otherwise, suggest alternatives.
Thanks

Hi Thanks for your reply, But that is not relevent to this issue.
The issue here is -
First 2 documents has value date of 4th period and the amount is 8800
Next document has value date of 5th period and the amount is 1200
Now i am trying to settle 10000(8800+1200) with 5th period date. Its givign an error Settlement amount is greater than Available amount
Will it solve if i settle 4th period with 8800 first and then 1200 with 5t period? or any other process?
Thanks
Yadayya

Asset Capitalisation Date

Hi Experts,
We have some assets that have been incorrectly entered into the system prior to stores opening and are therefore already depreciating.
Is it possible to change the capitalisation date? With the desired result being that the asset will stop depreciating until a later date.
Please advise the best solution
Cheers
Samir

Ashok,
Thanks for your help, appreciated....
What impact will happen if I change the capitalisation date and
Will I be able to restart the depreciation after few months?
In case if I need to reverse the depreciation what should I do?
Thanks and regards,
Samir

MR11 Asset Clearing Issue

I am getting an issue when i am running MR11 for Asset Clearing
System issuing the following message:
Balance for transaction type group 10 negative for the area 01
Message no. AA629
Asset affected: 000091000008-0000
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.

Hi,
Check asset master data in the depreciation area tab ''Negative postings allowed'' should be ticked or not.. We should tick this option for credit memos postings for an asset.
Thanks and Regards,
Padmaja

IO Wrong asset settlement Issue

Hi
We settlement rule for internal order 2500007 was erroneously set to settle costs to asset 11 (company 123). That asset is already part of a different internal order.
Costs from internal order ***0007 were settled to that asset in prior periods(from Jan 2104) and depreciation has begun. This is incorrect since the asset should not be related to that internal order.
We would like to reverse the amounts settled to that asset from IO ***0007 and settle them to a different asset instead.
This should result in a reversal of the depreciation booked to this asset from the costs settled from IO ***0007.
Do suggest how to achieve this.
Thanks & Regards,
D Dixon.

Hi,
You have two issue, one is wrong settlement to asset, and wrong amount of deprecation is posted.
First of all you need to reverse the depreciation, to reverse the depreciation, just change the depreciation key to 0000 in asset master AS02, and repeat the depreciation run to reverse the depreciation for this assets. once you verified that depreaction is reversed for this asset, just go AS02 and again change the dep. key to original one.
Second step is to reverse the Settlement, you can reverse the settlement from the same t.code from where you have settled the order, lets say KO88, just go to settlement menu and Click on "Reverse"
After settlement reversal, create the correct settlement rule, and post the settlement, then again run the the depreciation AFAB in repeat mode, to post the correct deprecation.
I hope this will help you.
Regards
Javed

AIAB issue (asset settlement issue)

Dear Sapguru,
On dev system, we are facing an issue for tcode AIAB. In our current process we park & post document through MIR7 & MIR6 respectively. While posting the document we post to CWIP asset & later on transfer from CWIP to actual asset.
But from January 2012, CWIP asset master shows document posted but while transfering from CWIP to main asset through t code AIAB line items are not display. but in QA the same is working fine.
Kindly help us to resolving issue.
Thanks & regards,
Pramod Chavhan

Varsha,
When did you settle the Values from IO to AUC?
If this was done in 2011, just look after year closing and opening new.
If it is in 2012, go to AR01, AR02 and AR03 and check if the values are appearing for AUC
Let us know the results
Thanks

DAM Asset Editor Issue

Hi All,
I am facing one issue regarding the asset editor in cq 5.5 sp2.
When I open image by browsing through the folders in DAM every thing works fine. It shows all the data below the image and image type , Publish to Scene7 link as well.
When I open the same image by searching it wont show image type and publish to scene7 link.
Problem here is for the same image it shows different views when we open it in different ways. Internally if the image type is not coming then it will take default asset editor(instead of jpeg asset editor) because of this some of the metadata changes (custom metadta cahnges which we need) in the center page are not showing up when we open the image by searching.
Thanks,
Maruthi

I've been struggling with this same issue on the same platform (5.5 sp2). Here is what I know so far:
When you are browsing the DAM tree under the Digital Assets tab and open a jpg, then the asset editor retrieves a list of image-specific fields from /apps/dam/content/asseteditors/image/jpeg/formitems .
When you use the DAM Search tab to find the jpg, then the asset editor retrieves the list of generic fields from /apps/dam/content/asseteditors/formitems .
This issue also affects PDFs. The Digital Assets tab will use the pdf-specifc fields from /apps/dam/content/asseteditors/application/pdf/formitems but the Search tab will use the generic fields from /apps/dam/content/asseteditors/formitems .
In other words, the DAM Search widget isn't loading the desired fields into the asset editor. You can force the asset editor to load the correct fields by refreshing your entire browser. I may try to patch this by overlaying the DAM Search widget if I can find it.

Fixed Assets - Capitalised interest

Hello
Is it possible to post manual Capitalised Interest to a specific Book of an asset. This posting should only post to the non-leading ledger. I see SAP can calculate and post capitalised interest when the depreciation has been posted but want to post this interest manually and to only one book.
thanks

2007A PL 41 ANZ Localization.
I want to transfer assets that was uploaded/imported to the system, so if the question is the period: the period wasn't defined in the system. Should I define it ??
Regards,
-DDP-

Fixed Asset - Capitalised Interest

Hello
Is it possible to post manual Capitalised Interest to a specific Book of an asset. This posting should only post to the non-leading ledger. I see SAP can calculate and post capitalised interest when the depreciation has been posted but want to post this interest manually and to only one book.
thanks

Be advised that Fixed assets in SP02 only currently supports databases with a calander fiscal period i.e. starting 01 January.
Regards
Glen

Asset Capitalisation issue

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