Asset capitalization date not appropriate

Question

Hi,,
Please tell me while I run Asset settlement through KO88 in period 7 ie, 22October 2010 asset capitalization and first acquisition date become 31.10.2010 instead of 22.10.2010. Because I executed asset settlement through KO88 on 22.10.2010 which is appearing 31.10.2010. What is the actual logic of taking advance value date instead of taking current date? Is it taking entire month and value is stamped on asset master as last day of month.....
Regards,
Samrat

Answer 1

Dear Samrat,
when you enter the capitalization date manually the system uses this date as the default asset value                    
date when you post the first acquisition to the asset. If you do not  enter a capitalization date in the asset master record, the system   automatically adopts the asset value date of the first acquisition   posting as the capitalization date. The system inserts the asset value    date of the first acquisition posting in the capitalization date field   (Capitalized on...) in the asset master record, when a capitalizing   transaction type is used.                                                              
Please check your customizing in IMG: Asset Accounting > Transactions  > Specify How Default Asset Value Date is Determined                                                                               
The System logic with Asset capitilisation date is as follows:                                                                               
When no capitalization date is entered in the asset master record  the posting date of the first posting will be taken  as the      capitalization date not the asset value date.                                                                               
Documentation:                                                                               
R/3 Library:                                                                
Asser Accounting > Basic functions for transactions > Dates in Asset accounting                                                                               
Default Values for Asset Value Date:                                                                               
- Initial acquisition > Capitalization date from master record (if in      
   same FY, otherwise posting date)                                         
- Settlement of AuC > Posting date                                                                               
Set 'Prime Rule' and 'Alt.Rule' for each transaction (in your case it is    
for transaction 'Settlement of AuC')                                        
Regards Bernhard