ASSET CLASS for GL account

HI All,
Can you please help to find a ASSET CLASS for GL account?
I have GL account number, i need asset class of that gl account.
please reply.

Hi,
please see than transactions AO90, AO99 and AO87 or the corresponding tables T095, T095B and T095P.
There is no context from asset class to account.
Of course every asset class has a account determination.
You can see this in table ANKA or transaction OAOA. Ans with the account determination you can find the account in transactions AO90, AO99 and AO87 or the corresponding tables T095, T095B and T095P.
But the asset class is a kind of template.
regards Bernhard

Similar Messages

Differentiating the asset class for group assets

Hi,
I want to create group assets in AS21. For creating group assets I want to create a seperate asset class. I could not find any option of differentiating the asset class for group assets in transaction OAOA (i.e., Define Asset Class)
How we can identify that an asset class can be used only for group assets and not for individual assets.

<<Plagiarised from http://help.sap.com/saphelp_45b/helpdata/en/4f/71dfff448011d189f00000e81ddfac/content.htm>>
HI
A group asset is represented in the system by a separate master record. The structure of this master record corresponds to the structure of the normal asset master record. You can determine the structure of this master record using screen layout control, just as you do for normal master records. Just the same as a normal asset, a group asset can have any number of sub-numbers. In this way it is possible, for example, to collect all the acquisitions for one year in a single sub-number master record at the level of the group asset.
There is a separate master data transaction for creating group assets (Asset ® Create ® Group asset). This transaction corresponds to the transaction for creating normal assets. However, there are certain special considerations to keep in mind for master data maintenance of group assets:
Group assets can only be deleted when all the assets belonging to them have been marked for deletion.
Group assets can only manage depreciation areas that have been specially marked. You mark them using an indicator in the company code specific specifications for the depreciation area (FI-AA Customizing: Specify depreciation areas for group assets).
Group assets have to be assigned to an asset class, just as normal assets do. You use an indicator in the asset class to specify that the class can be used only for group assets.
Assignment of an Asset to a Group Asset
You can assign an asset to a group asset by specific depreciation areas. For this purpose, there is a special field in the asset master record (in the detail display of each depreciation area). You enter the number of the group asset in this field. Once this entry is made, the system calculates and posts the depreciation for this depreciation area only at the level of the group asset. In this way, you can also assign one asset to different group assets in different depreciation areas.
Regards,
Amit SHinde
Acknowledge If satisfied
Edited by: Matt on Feb 17, 2012 9:34 AM

How can we block the asset class for company code

Hi Experts,
At what level we can define asset class and how can we block the asset class for particular company code in group company
Regards,
Harish

Dear Harish,
You can block the asset through OAOA at asset class level blocking at Asset Class level, and same you can block for creation at a chart of depreciation level from AM05.
And for additional acquisition you can block from AS05. I hope this will solve your issue. If you have doubts feel free to share.
Regards,
Pankaj A Bhalerao.

Looking for class for Financial Accounting

Hi all,
i'm looking for class for Financial Accounting, i need to read document like transaction FB03.
Thanks.
Cheers.

Hi
What do u need?
Which class?
Max

Account Assignment to asset class is it Chart of account dependent or Depr.

Hi All,
We are making a rollout for one of our client. the role out is for indian Company the parent comapny is German based.
I have created the same asset class for Indian Company code as same as Germany Company code and assigned GL accounts for those classes. Some of GL accounts are different because of which the problem has areised. while making a posting in the asset accounts in German company Code its giving the error saying that GL accounts is not correct.
What will be the best way to deal with this Issue.
Thanks in Advance.
Regards,
Raj

Hi,
If you have two company codes in two diff countries, and best practises method would be to create 2 chart of depreciations, one for each CC.
Because the income tax regulations for each countrhy may vary. So that copy the german COD to a new COD for indina company code.
So that this new COD can be used for any other company codes in india, if there are any.
Make the account assignments accordingly at AO90, since account allocations would store at each chart of depreciation and chart of account level only.
Thanks,
Srinu

Segregation of FAGLL03 data on asset class or account determination

Hi friends,
in fixed asset config my down payments for assets go to a single gl for all asset classes, at FAGLL03,I have some data related to this gl, is it possible to break this data on asset class or account determination, kindly help me to resolve this issue.
thanks,
nagaraj.j

Hi,
In down payment line item, you can get the asset no only. Using this asset number you can get the asset class and its account determination from the other sources.
Any this exercise can be done outside SAP. (In Excel)
Thanks,
Srinu

Number Range for Asset Class

Dear All,
We are going to develop a new asset class for the internal purpose. I can dvelop all the scenarios but my concern is how to do the number range?
Because, our system is already under live and now we are going to create the new asset class and new number range.
As I understand that for transporting the number ranges, we have to do manual tansport and assign the transport ID. In the taget system, first we have to delete the existing number range and import the transport.
But in our production server, already some number ranges are being used for existing asset class.
How should I do transport the new number range to the production server as already functioning?
Please also tell me what is the table name for Asset number ranges.
I request you to all, please give your values
Regards,
Ran

Dear Ranesh,
It is better to create the number range directly in the production system. The path for the creation of the number range is
SPRO > Financial Accounting (New) > Financial Accounting Global Settings (New) > Asset Accounting > Organizational Structures > Asset Classes > Define Number Range Interval
Assign points if useful
regards
Venkatesh

Asset class Land separate & building separate ( for 1 asset)

Warm Greetings to All Group Members
Require Best practice solution
Current Scenario Our company Purchased the building in 2009 and In SAP system Building was created, posted to asset class Building with the depreciation for 40 Years
Our Audit department is requesting our Finance department to show two assets separate as
1) land with useful life 40 Years with value
2) Building with useful life Zero with value
Note
current The posted asset in sap Has value ( Building + land)
2.Our company is state transport company
Please suggest me/as what is the best practice
Should i create a new asset class separate as land and move the value of building to land
Your Early Reply will be appreciated
regards
shamul heq

Hi Shamul heq
If you want to manage land and building separately, you need to create new asset class for land beside asset class for building. Then create new land asset master data under land asset class and transfer value of the land from original building asset to newly created land asset.
Alternatively, case of no necessary to manage land seperately, you can simply transfer the value of land to sub-number asset of the building asset. In this way, you can manage the building and the land as one asset in SAP system.
Regards
George

Cash as Asset Class

Hi,
Since Cash is a Current account, can we create a Asset Class for "Cash at Bank".
Thanks,
Aman

Cash is not an asset. So asset class cannot be created for the same.
You have to define normal GL account for Cash through FS00.
For posting transaction in petty cash, you have to set up cash journal using TCode FBCJC0 and create business transaction using TCode FBCJC2.
Post petty cash transaction using TCode FBCJ.

Group Asset indicator for tax dep. in asset master

Problem in group asset for tax dep
While creating asset master data, indicator for Group Asset is in non - changeable mode for tax depreciation under area 15. When we assign
group asset under Additional Specifications in the box Group Asset,
system is giving message - Group asset does not manage area 15. Message
no. AA809
We need this for calculating Group Depreciation.
All configure settings have been carried out. Detail list is as follows
1.created account determination, screen laylot rules, number range
intervals & asset class for Group Asset.
2.Specify Depreciation Area for Group Assets.
3.Specify Asset Classes for Group Asset (OAAX)
How to go ahead on this?
Pl advice.

Hi,
Remove the Identical tick mark in Tcode OABD for tax dep area
i think ur problem will be solved
Regrds
Govind yadav

Asset class - GL

What is the meaning of Generate Asset Classes From GL
Accounts.
Kindly can any one tell me what is the meaning of this in
detail.
Thanks
Nag.

Hi
This is WIZARD and can do all settings here. Check the below notes available at nod.
Generate Asset Classes from G/L Accounts (1 to 1)
In this step you generate:
Asset classes
Account determinations
Screen layout rules
Number ranges for the assignment of the main asset number
These objects are generated in a 1 to 1 relationship to your asset balance sheet accounts. The system enters account determinations, screen layout rules and number ranges in the asset class as control parameters.
Note: Carrying out this step is not mandatory. Generating your asset classes from your G/L accounts is an optional step you can use to simplify the creation of asset classes. If you want to define asset classes without the help of your G/L accounts, use the step Define asset classes. You also use the "Define asset classes" step to copy asset classes. Copying classes is useful for adding to your asset classes, if you generated asset classes from your G/L accounts using the current step.
You define additional account determinations, screen layout controls and number ranges (if needed) in the section Organizational Structures.
Requirements
You must be able to enter all your asset balance sheet accounts.
Standard settings
SAP supplies example asset classes.
Note
This processing view has 7 navigation levels. The first navigation level is the overview screen containing the generating function. The next 6 navigation levels are detail screens for this overview screen. You have to work through all of the detail screens before you can start the generation of the asset classes in the first navigation level.
The first detail screen (account selection) has to be processed first. There is no hierarchy for the remaining detail screens (no detail screens for the prior navigation level). They are not dependent on each other. You can work through each of these screens independently from the other.
Activities
A Wizard guides you through the different navigation steps. Asset classes are not generated until you save.
1. Enter your chart of accounts and the chart of depreciation.
2. Select all G/L accounts that are APC balance sheet accounts.
3. The system prepared an account determination for each APC account, with a description that is the same as that of the given APC account.
Add to the account determination by entering the corresponding accumulated depreciation account for each account determination.
4. Enter accounts for expense, ordinary depreciation, and asset retirements for all account determinations.
In a later step, you can change these accounts for each account determination.
5. The system created a number range interval for each APC account.
Change the number range intervals as needed:
a) Change the limits of the number ranges.
b) Specify whether the assignment of the main asset number should be external or internal.
SAP recommends internal number assignment. You could define the number range intervals, for example, so that the first characters of the asset number agree with the first characters of the APC account number.
6. The system created a screen layout control for each APC account.
When the APC account has a number that is at most 5 characters long, the system automatically assigns the account number as the key for the screen layout control. If the account number has more than 5 characters, you have to enter the 5-character key for the screen layout control manually. Select the field groups that you want to be optional entries in the asset class.
7. The system created an asset class with the same name as each APC account.
Add to the asset classes:
a) Specify the type of the asset class (asset under construction, low value asset with or without collective management, no special class type).
b) Specify the default depreciation key and the default useful life for each depreciation area. You can add to this information for more depreciation areas in a later step.
Caution
You can use the function for generating asset classes more than once. The system uses the following logic when you do so:
First, the system checks whether the company code is already in production status. If it is, then the system creates, based on the G/L accounts you have selected, only asset classes, account determinations and so on that were not yet created. Any existing asset classes are not changed; nor are they deleted and created again.
If the company code is not yet in production, the system checks whether assets already exist for the existing asset classes. If not, the system deletes the existing asset classes and generates them again.
If assets do exist, the system checks if there are also transactions for the assets. If there are no transactions, you can decide which of the following you want to do:
Delete all asset classes and their assets, and generate them again
Only add new asset classes
If transactions exist for the assets, then you can only add new asset classes. In order to completely regenerate all asset classes, you first have to reset the company code (under "Production Startup").
When you choose the "New start" function, the system does not delete any Customizing objects that were already created (asset classes, and so on). This function simply resets the internal working table for this transaction. This means that after you reset, the transaction is returned to its original state (state the first time it was called).
Cheers
Srinivas

LVA Asset Class

< MODERATOR: Message locked. Please post this message in the [Asset Accounting forum|SAP ERP Financials - Asset Accounting;. >
Hi,
Due to change in Statutory Regulations it is necessary to create a new asset class in Company Code, LVA- Low Value Assets. Since 01/01/2008 it is mandatory to create such assets with a value from 150- 1000 EUR one asset item. LVA acquisitions are recorded under a collective item- a summerization of low value assets in 2008. The depreciation of these items is once a year at 31/12 over 5 years.
For this issue, do we have to create a new Asset Class for Company Code. Please let me know the detail steps involved to create this Asset Class.
Quick response will be appreciated.
Thanks & Regards.

Dear Jay,
I didn't see a configuration setting to set the minimum amount for asset class even for LVA asset class - in LVA asset class we will specify the maximum amount only not the minimum amount.
I think through SAP standard setting this is not possible and may require some enhancements for this.
Regards,
Kiran Yelamarthi

Link-Group Asset Class, Depreciation Area & Depreciation Key

Dear Experts,
I am new to FI-AA Customization & have a basic query about Group Asset Concept.
I am working on Ecc 6.0 & for Country India.
I want to create Group Asset for calculation of Depreciation as per Income Tax Act. Hence there is just one Depreciation Area (for Group Assets) , but the Depreciation keys are different. E.d IN1, IN2 etc. (Country Version India)
Now the questions are :
1) Do we need to create different Asset Class for different Group Assets or to create just 1 Asset Class for all Group Assets.
E.g. I want to calculate Depreciation As per income Tax Act on Gross Block of Building, Furniture & Fixture, Motor Car, Vehicles etc. So I need to create separate Group Asset Class for each one of above or just to create one Group Asset Class.
2) If we need to create just one Asset Class for all Group Assets; how to maintain a Depreciation Key in OAYZ as there are more than 1 Depreciation Keys?
3) is there any other method / functionality to calculate Depreciation as per income Tax Act or Group Asset is the only functionality?
Thanks & Regards,
Reshma

Dear,
Reshma.
Looking at your Questions let us take explanation for Group Assets :-
1 ) We need to create new different asset class for Group Class in OAOA. Then permit the depreciation area for only Group Asset in OAYM as it is in your current scenario India is Depreciation Area 15 Just select your company code in OAYM and check the Grp Asset field for respective area 15. Then go to OAAX here we have to maintain the assets classes particularly for Group Assets. So check your Group Asset classes for Group Assets. Cerate different Group asset classes for your said requirement.
In these depreciation areas, it is then possible to make an assignment to a group asset. You make this assignment in the specifications for the depreciation area in the asset master record. When you post an acquisition to this kind of asset, the system duplicates the line items from this depreciation area on the given group asset.
2 ) According to me you have to create different depreciation keys for Group Asset classes. Assign the Depreciation keys to your newly created Group Asset Classes in OAYZ and make sure you are deactivating 01 area which is Book Depreciation area.
3 ) As far as I know this is the only functionality available to handle Group Assets. How ever SAP does not have any standard Group Assets functionality. SAP does not supply asset classes to be used solely for group assets. It is we have to determine as per varying Business Process.
I hope this will clear your doubt makes you to understand. Please revert back for further clarification. Welcome you.
Regards,
Pankaj A Bhalerao.
Edited by: pankaj_ab on Feb 3, 2010 8:26 AM

Asset Class

T.Code for assignmnet of Depriciation key to asset class.As while creating asset depriciation key is not picking based on asset class.
Regards
Kapex.

Hi John,
Depreciation key will be defaulted in the asset master based on the screen layout rule attached to the depn key/ asset class.( T.code OAYZ).
The screen layout rule is maintained in the master data section( T.code:AO21).
Here for the screen layout rule mentioned in the asset class for the depreciation key item check the class field and copy field only.
Hope this helps.
Pls assign points if it does.
Vamsi

Deletion of asset class

Hi
Can anyone advise how do I make use of program RACLSDEL for deletion of asset class?
One of the Requirements:
You must first mark the asset classes for deletion.
How do i mark the asset class for deletion? In transaction OAOA i can only block the asset class and not delete.
Kindly advise.
Thanks.

Hi Sui,
In addition to what has been said, make sure there is no <b>Asset Master</b> within the system using the Asset Class you intend to delete. Otherwise, deletion would not be possible.
I hope the above helps.
Do not forget to award the points please.
Regards,
Jacob

ASSET CLASS for GL account

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