Asset Dispossed off wrongly

Hi Users,
I am new to SAP Fi/co. My question is in Asset Accounting, suppose i have dispossed the asset wrongly. Can i get back. If yes means how can i..?
Thanks in Advance,
R K Reddy.

Hi,
You can reverse an Asset Transaction by AB08.
Regards,
Jigar

Similar Messages

Asset Write-off in Advance..

Hi All,
Can anybody explain me about an asset write-off procedure before the End-of-Date of that asset value date.
For example Asset having the End-of-date as 31.12.2008. For this, we want to write-off this asset on 31.10.2007.
Thanks in Advance...

Hi Pal,
Thanks for your reply..
Here, we are having around 70 assets. For that we can do like this??
If we will do 100% dep. now itself, the remaining amount will post to the depreciation account na?? With this no problem??
Please reply me...
Thanks & Regards..

Park Asset Write Off Posting

Dear SAP Gurus,
Can anyone help me with one of the Asset scenarios, whereby the user wants to have the option to park the asset write off first before making the actual posting. I can't seems to find any function available for this. If not, can anyone suggest if there's other way to resolve this.
Thank you very much. Your advice is much appreciated.
regards,
Aziah
Edited by: Ku Nor Aziah Ku Ariffin on Aug 2, 2011 8:21 AM

Hi
Welcome to SDN
I dont think its possble... You can Simulate the entry before posting, check and then Post... there is no option to Park as far as I know
br, Ajay M

Asset write off in the current fiscal year.

Hi Experts,
I want to write off an asset in next 4 periods of the current fiscal year 2007. For example:
Asset 11000
APC value: 10000
APC Date: 01.01.2005
The useful life will end in fiscal year 2008.
The book value left at the begining of the current fiscal year 2007 Rs. 4000.00
In the current fiscal year this asset has already been depreciated for previuos 3 periods.
Now Business wants to write off ( fully depreciated ) this asset in next 4 periods equally and then if the book value and tax value is nil, they want to scap the asset.
Now can you please tell me how to make this happened. Its very urgent. If you need any more information, most welcome.
Rgds,
BABA

Hi,
You would have to set the asset to manual depreciation(Depr.Key MANU)
and generate a posting via ABMA for each of the periods.
Kind regards

Asset Write-off after retirement

Dear Masters in Asset Accounting,
I have a situation where I have to write off the asset in secondary ledger (Ledger A2). The problem is that the asset retirement (ABAVN) was done in the past so I can't write-off the same by using T-code ABSO. Also, we are posting the depreciation to that asset since last 5 months, so I can't write-off by using FB01 / FB01L.
Is there any other way I can write off the asset after retirement only in secondary ledger?
Thank you for reading this and your help.
Jay

Hi Bernhard,
Why you can't make a write-off?
A: Because it gives me an error message. When I try to use ABSO, it gives me an error message saying Asset retirement has alredy been posted so transaction not possible. I am using ABSO because I want to make changes only in ledger A2 (secondary ledger / US GAAP). I can't ABAVN again because it will affect both the ledgers which I want to change only US GAAP.
Is the asset deactivated after ABAVN?
A: No, the asset is not deactivated. It is still active and in use.
Thank You,
Jay

Asset Write Off Process

Hi SAP Gurus,
I have one asset under construction created in 2008 which is not yet capitalised. Now requirement is to write off the same in current year.
Need the soultion to this step by step..
Thanks in Advance!!
Edited by: rmk123 on Sep 24, 2011 8:00 PM

transaction ABAVN?

Asset write-off in prior month.

Is it possible to write off assets from an earlier month end date e.g the NBV of assets with a month end date of 31/05/09 or can you only write off within the current month?
If this is possible, how will SAP deal with the depreciation and how will it charge any depreciation posted after that date?

Hi Jeremy Lumb
Yes you can retire an asset in prior period where depreciation has already been posted. The system will recalculate the total depreciation for year in the retirement year and make adjustments (positive value) in the next period. You can then run depreciation again so the adjusted value will be posted .
Hope this helps.
Thanks
Sanjeev

Asset Under Construction- Wrong assigned for a Customer Project

Hello,
For a customer project, the AUC is created automatically which is not right.
We did analyisfrom our end.
1. It's a customer project
2. Investment profile is not assigned at the project profile level since it's a customer project.
3. we tried creating a project using the same profile in QAS environment,but the AUC is not created
So, could anybody help us in knowing what could have gone wrong, it will help us in our analysis.
Regards,
Nitin

Ok, the only way which I know where AUC gets created automatically for a WBSE is by assigning IM profile, but you say that your WBSE doesnt have IM profile. Check at the table level for the WBSE and see whether you can find the IM profile there or not. Also try to delete the AUC manually from asset transaction and see what message is getting issued.
What is your version of SAP? Also check the change documents, if you have activated, if someone has entered IM profile and later deleted, I can see some OSS notes for which AUC is not deleted even after removing IM profile from WBSE for versions like 4.6.

Process of Asset Write off.

Hi
Can any one tell me the process of Assest Write off. Is there any transction for writing off the assets.
Please advise.
Thank you.

Prasad,
You can use Transaction Code ABSO for Write off of the asset.
Then system increased the Value of asset as under
Accumulated depreciation ac...........Dr
Asset ac............................Cr
Let me know if you need any other information on this.
Regards,
Venkata Raju

Changed asset cut off value

Hi experts
In my compnay all assets have 5 % scrap value (cut off value). that means asset must have ramain 5% of basic value at the end of useful life. but now cilent want 100 % depreciable asset.(want to remove that 5% value). Is it possible for old asset which already capitalized and depreciated since past so many years.
If yes then what will be the Financial effect.
Regards
Nisha

Hi Nisha
You can only make changes in the open fiscal year in Asset accounting.
You will have to change the depreciation key for 5% cut off value to nil.
The effect of these would eb as follows.
System would determine depreciation for all assets based on changed depreciation key.
Example is as follows
Asset A, Net book value of 1000 USD on 01/01/2008. (Fiscal year 01/01/2008 - 31/12/2008)
Each month Asset is depreciated for 100 usd. so for period 1-9 system will post depreciation 900 usd.
In period 10 system will post depreciation of 50, since cut of value is at 950.
Lets Assume that depreciation run for period 11 is done where this asset is not taken for depreciation posting since cut of value has reached.
Now in period 12, you change depreciation key for cut of value to be 0% then system will recalcluate depreciation for tht year
IN our case total depreciation to be posted for this year is 1000 usd where as only 950 usd has been posted till date.
So additional 50 USD will be calculated as outstanding depreciation in period 12.
In FI it will hit your P&L and in B/S your Accum dep Account.
Hope this helps.
Thanks
Sanjeev

Assets Captalised with wrong cost center

Hi,
I am facing one problem while capitalizing the asset it get capitalized with the wrong cost center and the depreciation is also get posted for two month. Now my problem is how to correct this entry as this is posted to wrong profit center.
Is there is any way to correct the posted entries in FI.
Thanks in advance
Regards
Rajesh Kumar

Hi Rajesh,
Transfer the asset to a receiving asset with the correct cost center using T code ABUMN. Make sure that the asset value date is the same as the capialization date of the sending asset (unless is was capitalized in a prior-year, then use 01/01/CY). When depreciation is ran for the month using T code AFAB, the depreciation in the wrong cost center will be reversed and reposted to the correct cost center.
Hope this helps.
Thanks,
Chad

USB scope triggering off wrong digital edge

All,
I have setup my USB scope card (5133) to trigger of a positive digital edge on the PFI input. This then captures rising analgue connected to the two channels. This normally works fine, but sometimes the scope will start to trigger off a negative edge! (digital input signal is a digital pulse). To get the scope to work correctly again I have to set the scope to trigger off an analogue edge on ch0/1, then after runing the vi once return to the digtal edge trigger on PFI1. I have attached an image of the setup of my scope.
Attachments:
trigger.jpg ‏290 KB

Hello,
I don't immediatly see anything wrong with the screenshot of your VI. I have a few questions about your setup that will help narrow this down.
1) What are you using as the source of your digital trigger on PFI 1? Have you verified that this digital signal meets the VIH and VIL levels specified in the 5133 spec sheet? http://digital.ni.com/manuals.nsf/websearch/8D323D9E4F4B39288625737C0071E462 (Page 7) Also make sure you are not exceeding -0.5V or +3.5V and that your pulse width is greater than 20 ns. The easiest way to verify this would be to run the configured acquisition example VI with your digital trigger signal running into one of the analog input channels.
2) How are you connecting your signals to your board? Are you using BNC cables or probes?
3) I am assuming that the signals you are digitizing on ch 0 and ch 1 are different than the signal you are feeding into PFI 1. If you have a BNC splitter handy try splitting the signal you are feeding into PFI 1 so that it also runs into one of the input channels. Leave the other analog input channel unconnected. Then run your VI again and see if you see the same phenomena where it looks like the scope is triggering on the falling edge of PFI 1. If the scope is triggering on the falling edge you should see the falling edge waveform captured on the analog channel. This will help us determine if the scope is triggering on the wrong edge or if your input signal and digital rising edge are not always correlated. If you are using probes instead of BNC cables you can do the same test, just connect both probes to the same signal.
Regards,
Matt

Asset written off for book

Hi friends,
If an asset has been written off for book purpose and is not scrapped or abandoned, we need to keep depreciating the asset for tax purpose. How do we handle this in SAP.
Thank You,
Joseph

Hi,
therefor you need at least 2 depreciation areas. In one you keep your book, which stops depreciating when net book value zero is reached.
Second depreciation area should then allow negative net book value. If you choose a feasible way to depreciate, then the system will continue to calculate depreciation even below net book value zero.
Concerning a "feasbile way to depreciate": you should for example not use any method which calculated depreciation from the remaining life ... that is always zero then. If you use straight-line, then APC over useful life would work for example.
Regards,
Markus

Number of assets written off at a time

Dear Friends,
Is ther any transaction through which all the asset can be written off. ( The assets are more than 50000 assets) Need to write off all at a time.
Thanks
HK

Hi,
Here if you prepare a script for particular transaction that means what are the fields you want to use in this transaction
and each field size and character so that it will very easy to upload through the t.code "LSMW".
Hope understood and you can reward if you are cleared..
Thanks,
Vasu..

Asset Value Date - Wrong posting

Dear All,
Company code is on live, Assets legacy data taken as on 31st-March-09.
Later we find that some of the assets [new purchases, in previous fiscal year (2008)] was not posted.
For that recently we posted that transactions F-90 using posting date is current date and document date is Actual acquisition date.
Due to document date in previous fiscal year system taten posting date as asset value date.   So, depreciation posting missing for previous year.
I need your help. How can I rectify this???
Other than reversing the existing posting, what is the scenario????????
Thanx
Regards
partha

Hi,
In order to post ,post capitalization please closed the previous asset accounting year.In ABNAN T.Code screen please update the original val date field with the date of the previous year from where you need to start calculating the dep. Doc date and posting date should be of the current FY.Also check T.Code Ao90 for updating the field Revenue from post capitalization with proper GL Account.
If your statutory audit for 2008-09 is not yet completed then you can think about T.Code AS91.While using T.Code ABNAN the following line items are generated.
Asset        dr
Acc Dep         cr
Rev form post capitalization cr
The system will only calculate dep of previous year.For the current year dep which are yet to be posted will be posted in the next schedule dep posting run.
Thanks
Monoj

Asset Dispossed off wrongly

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