Asset capitalization

Hi friends,
How to capitalize assets for tax that are not capitalized for book?
Thank You,
Joseph

Hi Joseph,
To add to Blaz's response: Use Tcode AO73 to create a custom acquisition transaction. I recommend copying the acquisition transaction that you currently use most frequently and name the new transaction type beginning with a X, Y, or Z. Then, use Tcode OAYA to limit the newly created acquisition transaction to the tax book only.
Thanks,
Chad

Similar Messages

Asset capitalization date not appropriate

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

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

Asset Capitalization on date...!

Hi,
I got one requirement where .... while creating the Asset the asset capitalization date should be defaulted with the date of the AUC settlement date or with today's date. Can any please let me know.. any Exits/BAdi which will help to this requirement.
Thanking You.
Regards,
Anjan...

Hi..
Thanks for your reply... but the captalization date is Under "General" cna u please let me kow whe this-(Badi given by u) one will get trigger..
Cheers...
Anjan...

Asset Capitalization on date...!-require Exits or Badis

Hi,
I got one requirement where .... while creating the Asset the asset capitalization date should be defaulted with the date of the AUC settlement date or with today's date. Can any please let me know.. any Exits/BAdi which will help to this requirement.
Thanking You.
Regards,
Anjan...

Hi,
Good evening and greetings,
In the following path you can customize your requirement
SPRO > Financial Accounting > Asset Accounting > Transactions > Enhancements > Develop Enhancements for Asset Value Date
Please reward points if found useful
Thanking you
With kindest regards
Ramesh Padmanabhan

How to change Asset Capitalization date ?

Hello
All Experts,
I want to chnage asset capitilizatio date so how can I ?
Experts guidance is needed.
Regards,
Pankaj.

Hi,
You can change the asset cap date at any point of time using AS02.
But the date in the First acquisition on cannot be changed, since it is a display field.
At the time of changing the cap date, system will shows an warning message like below.....
You should no longer change the capitalization date
Message no. AA225
Diagnosis
You have changed the asset capitalization date.
You can make this change, however this warning should make you aware of the consequences of such a change.}
And what is the business requirement to change the cap date?, since if you have already posted the dep posting, it doesnot make any adjustment to it.
Thanks,
Srinu

Asset capitalization process

Hi,
Please help me that what is asset capitalization process and what is post capitlization what is the difference
I will assign points
Thanks
Radha

Hi Radha,
Asset Capitalisation refers to the process of placing the Asset to use or it can also be reffered to as a date from which the Asset is put to use.
It is only after this date that the Depreciaiton is being calculated on the asset. We would normally not calculate Depreciaiton unless until the asset is being capitalised.
For Example:- When a office Building is being constructed,then it would be Capitalised when the construction it is fully completed and it is put to use.Upto the date of Capitalisation it is called as the Asset Under Conmstruction.
Further Post Capitalisation refers to the situaution,where the Asset would have already been capitalised,then a major expenditure relavent to the asset is incurred then it is called as post capitalisation.
Hope I have clarified your doubt.
Regards
Phani

Regarding the Reguralization of Asset capitalization.

Dear Team,
On regularization of Provisional Capitalization Entries in System especially in the case of provisional capitalization considered in previous Fiscal Year and regularization of the same is done in the Current Fiscal Year we are encountering following issues.
u2022     Creation Asset Master Record with capitalization date of Previous Fiscal Year
u2022     Posting of correct depreciation in System
The scenario is explained with an example below.
Provisional Capitalization Value Rs.120000/=
Date of Capitalization u2013 01.11.2008
Rate of Depreciation 10%
Depreciation on Provisional Capitalization Rs.2000/=
On regularization of provisional capitalization in Fiscal Year 2009 on 31.01.2009 in System we are encountering the following issues.
System is not permitting us to create Asset Master Record with Capitalization Date as 01.11.2008.
If we create Asset Master Record with the First Date of the Current Fiscal Year ie., 01.01.2009 then the depreciation of Rs.2000/= provided in the last fiscal year is not updated in the System.
Please note that while regularizing the provisional capitalization we used to reverse the provisional entries considered in the Financials of the previous fiscal year.
Manual Adjustment of Depreciation will be a audit point.
Hence please provide us a suitable solution to over come this peculiar issue.
Regards,
Suma.

Dear sir,
I am having one moreissue related to decapitalization.I am giving you theclear senario o the below.
Initially we used to capitalize an asset on a particular date and after say a month or two we were forced to de capitalize the asset when we avail duty credit on those assets. In other words Capitalization takes place on gross value in the first instance and de capitalization takes place when we avail duty credit in the second instance. The de capitalization entry is posted in System through F-02 Transaction Code. In this scenario the system is calculating depreciation as per example given below.
Example:
Asset Value   -   Rs.2,00,000/=
Date of Capitalization - 1.12.2007
Rate of Depreciation u2013 10%
Duty Credit availed/De cap on u2013 1.02.2008 say value Rs.20000/=
System Calculates Depreciation on Rs.2,00,000/= from 1.12.2007 to 31.01.2008 and on Rs.180000/= from 1.02.2008 onwards.
If we look at this case in a practical way then there is an excess charge of depreciation on Rs.20000/= for 2 months i.e.,(from 1.12.2007 to 31.01.2008).
Kindly guide us how to post the de capitalization entry in System so that system itself automatically reverse the depreciation already posted in System on Rs.20000/= for 2 months earlier.
Regards,
Suma.

Asset Capitalization error

I have created an asset Master by AS01.capitalization date is 2.5.2009, first acquisition date 2.5.2009. I already posted a entry to the above asset. In the fiscal year asset balance it is showing asset APC value and depriciation value. now I want to do change the capitalisation date to show in the fiscal year 2011 (1.4.2011).Is it possible to change the above fiscal year in the asset master data (Capitalization date/ first acquisition date). because i want to calculate the depriciation in the fiscal year 2011.
please tell me the solution,
Thanks in Advance

Hi
If your capitalisation date is 02.05.2009, depreciation should have already been posted from 02.05.2009 till 2011 Fiscal year right?
You can go and tamper the original depreciation start date in AS02 - Depreciation area tab. System will reverse all the depreciation posted till date and calculate depreciation from the date you specify now.
The problem you will have is, you have to take the hit of depreciation reversal for all the past periods pertaining to this asset in your current month ie the period you specify as depreciation start date.
Change the dates and check the planned depreciation values in AW01N
Malathi

Asset capitalization date

Dear Experts,
I am buying asset by PO. As far as I know, when we check goods receipt field in PO, system must use MIGO ( goods receipt ) date as capitalization date of asset. but when I try to do MIGO for such an asset, system shows me following error:
- Asset 1111 111000010-0 is incomplete, check the asset Message no. AAPO184
Diagnosis
The 'incomplete' indicator was set for asset 1001 111000010-0 because required entries were not made.
After investigating I see in asset master data, that asset does not have capitalization date and system consider that asset incomplete. ( I created asset at the time of creating PO ). please tell me why this happens and system needs capitalization date while capitalization date for that asset must be MIGO date. and system must not stop me and show error.
Regards,

Hi rakesh
Capitalization date were system will calculate the actual depreciation and how it can be GRN date ??
When you create assets in master data system you have to give capitalization date not as GRN date

Asset Capitalization Date change

Dear SAP Gurus,
We uploaded the opening assets in 2006 and the cpitalization date updated as 31.03.2006. Now our asset accounts team
wants to update the actual capitalization date .
Shall we change the capitalization date now? what is the impat ?
Is there any SAP notes available is this regard?
urg please...
Tamilselvan

Hi Tamilselvan,
it can have impact on the derpeciation calculation.
Perhaps it have impact on reporting (for example RAGITT_ALV01 if some transactions are posted bevore the capitalization date.
perhaps the following notes will help you.
50970   When and with which date is an asset capitalized?
548899 FAQ depreciation asset accounting
Generally this should not be really critically.
Regards Bernhard
Edited by: Bernhard Kirchner on Apr 21, 2010 2:31 PM

Where to down load assets with Asset Capitalization date and Book value..

Hi All,
What is table/Transaction code to down load Asset with below details:
1) Capitalization
2) Acquisition value
3) Book Value
4) Book Dep Value
5) Cost center
Thx In advance..
Regards,
Shirisha

You can try the Asset History Sheet report S_ALR_87011990 (which has all fields except for cost center) and if you want additional fields you can choose to add new fields through the link [Include own fields in FI-AA standard ALV |https://wiki.sdn.sap.com/wiki/display/ERPFI/IncludeownfieldsinFI-AAstandardALV] the relevant report for Asset History Sheet should be Asset History Sheet -> FIAA_SALVTAB_RAGITT includes CI_REPRAGITT (out of RAGITT_ALV01). Else a quicker option would be to perform a vlookup process from another report that has cost centers like S_ALR_87011979.

No reduction of Asset capitalization value after using F110 with discount

HI,
when you post an invoice using F-90 to an asset and afterwards during the payment run you have some discounts the capitalization value should be reduced or corrected.
We are using new GL and somehow this function doesn't work. The discount is posted, but the assets are not corrected.
Does anybody have an idea what is missing?
Thanks in advance!

Thanks again Somar for guiding me to get the information. But looks like the thread as not been answered, its closed due to the reason the user couldn't get detailed explanation.
Is there any other information you can provide to me.
Thanks.
With Regards,
Jen

Asset capitalization in specific ledgers/depreciation areas

Scenario: Example:
Leading Ledger 0L: IFRS- Book depreciation 01 in AA u2013Posting to GL
Non Leading Ledger Z0: US GAAP Depreciation Area 04 in AA- Posting to GL
Non leading ledger Z1 :JP GAAP: No depreciation area in AA ( We donu2019t want to capitalize in this ledger)
All initial APC postings are updating in all ledgers even though no depreciation area for non leading ledger Z1 in asset accounting. We donu2019t want to post non leading ledger Z1. Example: Lease Assets- we need to capitalize only in leading ledger.
Do we need to maintain separate depreciation areas for each accounting principle?
What is the best approach for this issue?

Hello ,
Please be aware that real time postings on the leading ledger goes
to all ledgers. This is standard functionality. To change this would
require a modification to the ABAP code.
You can go to help.sap.com to check the documentation:
FI -> Asset -> Integration -> Parallel Account in Asset Accounting ->
Making Settings for Parallel Ledgers in FI-AA
Also the ledger scenario in your company code should have set up a
smiliar looking to this:
AREA     TEXT            POST TO GL                             LEDGER
01       Local GAAP     1 (Real time)                            0L
05       abcdefg         3 (Depreciation only)                    L2
33       DELTA AREA      5 or 6 (APC only or Only APC directly)   L2
Please can you check again in your system if your ledger scenario is
set up like above example putting your attention to the posting
indicator of each area involved in the matter
Acquisition/transf/retirement postings in area 01
go to all ledgers independently of your setting in OADB and, if any
difference occurs between area 01 an area XX this is posted trough
the derived area YY (posting indicator 6).
regards
Ray

OAAQ and retrospective asset capitalization

hi all,
we are facing an issue and i am very confused about it. We have some assets which we couldnt capitalize last year and now issue is previous year is closed. How can we capitalize asset in previous. Closed fiscal year show in OAAQ is 2011. Please guide me.
Br
ZHK

duplicate post

Asset Capitalization from CWIP to Assets

I am capitalizing assets from CWIP to Fixed Assets, The Assets in CWIP are numbered as 500XXX and Assets are 100XXX.
The problem is that I need to allocate the cost from CWIP assets to Fixed assets based on a certain percentage. I know This can be done in ABUMN but don't know how to allocate cost of multiple assets in CWIP to Multiple Assets.
Urgent response is required.

The Capitalization is done thorugh real Internal Orders.
We have created around 200 Internal orders(IO) and settle their rules to settle to CWIP assets. However, there is no settlement rule for CWIP assets.
COst is first booked in their respective GL with the IO in reference. The IO is then settled using Ko8g, the cost is then transferred to CWIP.
as for ABUMN, it is not possible to allocate the cost using this transaction. I need to allocate cost of Around 17 CWIP assets on 518 Assets. If I go by using ABUMN then I will have to make roughly 8500 entries.
Kindly suggest something that is easy and fast.
Edited by: Salmancert on Jan 3, 2012 5:16 PM

Asset capitalization

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