Asset full depreciation
Hi All,
When trying to fully depreciate an asset, no documentes were posted. We have changed the depreciation key to GWG and are going to post it in November book. Earlier this asset had a depreciation key which was based on UOP values. So now after changing the depreciation key to GWG and running the same in AFAB, no documents were posted.
Can someone please help me understand what I am missing here...
Thanks and highly appreciate your time and help.
Regards,
Hari Dharen
Hi Hari,
Normally it is not allowed to make a acquisition after the capitalization, if "Acquisition in year of capitalization only" = u201Cyesu201D except you post with a previous-year acquisition transaction. Now you have posted with another depr. Key and after that you changed the depr. Keyu2026u2026..
there are different reasons possible.
Following parameters have to be checked:
- the capitalization date of the asset?
- the useful life
- treatment after end of useful life ( Dep. After planed life end, dep. Below zero)
- Dep. Method: immediate depreciation
If a asset should be fully depreciated you can make a unplanned depreciation.
If the asset should be fully depreciated after end of useful life, we normally make a second phase like in depr. Key LINR.
Regards Bernhard
Similar Messages
-
Full depreciation for low value assets
Hi Gurus,
How to set up depreciation key of low value assets to get asset fully depreciated irrespective of depreciation start date.
For example :
Asset No : xxxxxxx xx
APC : 5000 INR
Dep. Key : xxx (100% Depreciation)
O.Dep.Start Date : 14/05/2006
In the above case depreciation was calculated only for 322 days
But I need to calculate depreciation for 365 days ie 100%.
Please advice.
Best regards
Raja Manhoharan V.S.There is a standard depreciation key with description LVA 100%. i am not sure if dep key is GWG or something else.
-
Asset Accounting - Depreciation Repeat Run
Hi Seniors,
Depreciation run upto period 7 is over. Now, client wants to create few Intangible assets and depreciation needs to be run from period 1. I created one Intangible asset in Quality Server and tried to do repeat run for that particular asset. It says the posting will be done in Period 7. But, client wants the depreciation to be posted every month. Is there any way for this? Periods are open.
with sincere RegardsHi Kumar,
Repeat run option is only for running the depreciation for the previous month only in this case period 7. The system calculates the amount from the period 1-7 and posts in period 7.
One option you can try is. You can create the repeat depreciation run for period 7 for this particular asset in background and process the same in foreground, changing the posting date and amount. Make sure your period is open.
Test this scenerio in your test client.
Regards
Sridhar -
Query to fetch those Assets whose Depreciation has not been run.
Hi all
Please help me in framing a query which would help to fetch Assets whose Depreciation has not been run.
I am using R12 Instance.
Regards
Nakul.VHi Experts,
After i tried a few times, i can successfully start prepare with upgrade asistant monitor - Administrator >> Start Prepare,
Thanks -
Hi,
When i was checking the Depreciation calculation for group assets the depreciation periods its taking 6/12
as we know the assets which are purchased from 1st april-30th sep is 12 months of dep and 1st october-31 st march its 6 months of dep.
but here in system if auqistion of asset is in 1st april also its taking 6 months..how is this possible?? what configuration has to be done for this?..
Please help me on this
Thank you.Hi
Check the depreciation key in Asset master. In AFAMA check the period control method assigned to this key and in AFAMP make necessary changes
Thank You, -
Asset Value depreciated to Rs 1 after 12 year
Hi,
There is rule that Asset after 12 years should have Net Book Value Rs 1 and no further depreciation should be calculated on the asset after 12 years after capitalization date.
How can we configure this scenario.Put Memo Value = 1 at SPRO-Financial Accounting-Asset Accounting-Valuation-Amount Specifications (Company Code/Depreciation Area)-Specify Memo Value
Create a new base method at SPRO-Financial Accounting-Asset Accounting-Depreciation-Valuation Methods-Depreciation Key-Calculation Methods-Define Base Methods-
Base Mthod Z999
Type of Depreciation = Ordinary depreciation
Dep method = percentage from useful life
Reduce use life at FY end = Select check box
Select remaining 3 fileds with NO
Create a DepKey with above base method
Enter useful life in AS01 as 12 years -
11i Oracle Assets - Nullyfying depreciation reseve of a number of assets
Our furniture and fittings category in a tax book had been depreciating under the defined rules all this time. A government regulation now instructs that we should not depreciate furniture and fittings items purchased before 2009.3.31. But this direction came this week, so these asset had been depreciated and the Net Book value as of now shows these assets as depreciated till Jan 2010. The requirement is to reverse the depreciation of these assets from Jan-10 to Apr-09 and stop these assets from depereciating further.
In other words, the Net Book Value of these assets when viewed in Jan 10 or any period after Mar 09 should reflect the NBV as at Mar 09
P.S : This is not a journal posting enabled book. We use it to report to the local tax authorities
MirangaHi,
Did u find a solution to this ?
Regards,
MPH -
Asset unplanned depreciation posted wrongly
Dear all,
For 100 assets unplanned depreciation posted wrongly. In AB08 reversed the documents but FI document is not generating for that. After this when I am doing repeat run in AFAB then normal depreciation is getting effected by this run. How to reverse the previous wrong run and post correct one Kindly suggest. Its very urgent.
Regards
Roomiyou can reverse posted depreciation by using OASV, but be VERY careful
that you reverse the FI and CO postings.
Thanks & Regards,
Suresh -
Group Assets IT - Depreciation
Hi All,
I am calculating Depreciation on Assets based on Income tax act of India.
Based on this the assets purchased less than 180 days should 50% depreciation charged.
this is running fine when I calculate the depreciation on Individual Assets.
But Client request for Groups Assets, So I assigned the Groups assets.
In case of Groups Assets. Depreciation for the assets less than 180 days also it is calculating the 100 % Dep.
Any one know how to solve this. Is there any settings needs to be change?
Thanks
RaviHi,
In OVAH
settings is maintained like this.
K4 01 Pro rata at period start date 0 0
K4 02 Pro rata upto mid-period at period start date 1 15
K4 02 Pro rata upto mid-period at period start date 2 14 1
K4 02 Pro rata upto mid-period at period start date 3 15 2
K4 02 Pro rata upto mid-period at period start date 4 15 3
K4 02 Pro rata upto mid-period at period start date 5 15 4
K4 02 Pro rata upto mid-period at period start date 6 15 5
K4 02 Pro rata upto mid-period at period start date 7 15 6
K4 02 Pro rata upto mid-period at period start date 8 15 7
K4 02 Pro rata upto mid-period at period start date 9 15 8
K4 02 Pro rata upto mid-period at period start date 10 15 9
K4 02 Pro rata upto mid-period at period start date 11 15 10
K4 02 Pro rata upto mid-period at period start date 12 15 11
in the table details shows like this.
Table: T090NP
Displayed Fields: 15 of 15 Fixed Columns: 3 List Width 0250
MANDT AFAPL METPER PERBZU PERBNA PERBAB PERBUM XBZDAT PERBAW PERBIF PERBAA PERBZR PERBD1 PERBD2 PERTXT
740 0AT 007 04 06 05 05 X 04/06/05/05
740 0BR 007 04 06 05 05 X 04/06/05/05
740 0PL 002 11 11 11 11 X 11/11/11/11
740 0PL 003 01 01 01 01 X 01/01/01/01
But any where I have to Assign this steps to Deprecation Key for Groups Assets?
thanks
Ravi -
Block the Asset for Depreciation Posting
Hi All,
Can anybody please tell me as to how to block the asset from depreciation posting. I need to stop the depreciaiton being posted to some assets.
Regards,
S.SumanTick the "DEACT" check box in depreciation area tab in asset master (AS02). This will deactivate depreciation posting to that perticular asset.
Harshal -
Block assets for depreciation run
Hi everyone,
Is there a way to put a hold on few assets in a company code from running depreciation, meaning I want the depreciation posting program (AFAB) to skip the selected assets (assets of my choice) for the current periods depreciation run? However, system should calculate depreciation for rest assets in that company. Please advice! Will surely award points for all your help
Thanks in advance,
KumarHi Dominic,
I really appreciate your advice! But, is there anything else I can do to block the assets for depreciation other than checking the indicator Shut down? Because for the assets of my interest the field Shut down is suppressed in the screen layout rules. Please advice!
Thanks,
Kumar -
Full depreciation if the asset is purchased with in first 15 days of the month
Hello All,
We have requirement in Asset accoutning.
If the asset is purchased from 1st to 15th of a month, the depreciation should be charged for entire 1 month.
If the asset is purchased between 16th to 31st of a month, then only half a month depreciation shjould be charged.
Could any share how this can be done in SAP - Asset Accoutning?
Regards,
MGHello Javeed,
I tried for both 02 and 03. But 02 at all times takes the values from 1st of the month and 03 takes the values from mid of month everytime.
I am looking for something where in, if the asset is purchased in the first 15days, the depr should be charged full and if purchase after 16th then half.
It should be noted that the depreciation key is assigend to Asset class and depreciation combination and i am not sure how two assets belonging to the same Asset class can have different deprecaiton charges.
Regards,
mg -
Negative assets cause full depreciation the first month
Hi guys: please help me understand why the negative assets that I have set up via AS91 are depreciating completely in the first month.
The positive assets are correctly depreciating. I suspect its the depreciation key LINA that i am using that is causing this, but is it an element of the key (example the base method 0011) that may be trHi,
Check your base methods, which are assigned to your depreciations phases for dep key LINA.
I hope you might have changed the standard key
Check Dep key LIN, below is the standard settings for it.
Phase 1
DepType- N
Phase -1
Base method -0009
Decl.-bal. method-001
Prd cont-003
Multilev.meth-010.
Class-SLM
Multiple shift Increase in depreciation and expir
Scrap value-0
Shutdown-No
Phase 2
DepType-Z
Phase-1
Base method-0030
Decl.-bal. method-001
Prd cont-001
Multilev.meth-011.
Class-(blank)
Multiple shift- Increase in depreciation and expir
Scrap value-0
Shutdown-No
SAVE and check your assets now
Thanks,
Srinu -
Credit memo for asset with depreciation posted
HI,
There is requirement to pass a credit memo for an asset.
The asset was purchased on 01.04.10.
And have been depreciated till 31.05.11.
Now the client want to pass credit memo for the full acquisition value.
My issue is when I am passing the entry through ABGF - ... in Next Year
System is throwing error stating the value is going negative.
Then we passed the write up for the depreciated value as on 01.04.10.
Still system is giving the same error message.
Please suggest on what date should I pass the write up to clear the whole posted depreciation and pass the credit memo.Hi,
Go to asset master change, in depreciation are tab double click on depreciation are number then select negative values allowed check box
Hope this will help you.
thanks! -
Fixed Asset and Depreciation method in SAP B1 2005B
Hi All,
I want to know what is the method by which we can do depreciation for fixed asset in SAP Business One 2005B.
Looking for a postive response from all.
Regards,
KawishHi Kawish,
The system supports the following forms of depreciation:
u2022Ordinary Depreciation
u2022Unplanned Depreciation
u2022Special Depreciation
And for the depreciation methods:
Straight-line
Immediate writeoff
multilevel method
declining-balance method
special depreciation
You can get more helpful documentations through partner portal:
Solutions-> SAP Business One-> Solution Overview-> Documentation
Resource Center-> SAP Business ONe Add-ons 2005-> Fixed Assets
Regards,
Candice Ren
SAP Business One Forums Team
Maybe you are looking for
-
Upload data from excel to crm using BDOC possible or not
Hi all, I need to upload data from excel to crm(opportunity management) .is it possible using bdoc or not. Please provide the list of methods to upload data from EXCEL and also provide the best method for this scenario .
-
Hey everyone, I just installed SL last night without so much as a hiccup. Everything works and I got an astonishing 26gb back! My question is probably very easily answered so forgive me if it seems dumb. When I mounted the install disc, the user agre
-
How to programmatically read/write the range of a fieldpoint AI channel using LV
Is there a way to programmatically read/write the range of a fieldpoint AI channel using LV ? The example on NI site only permit you to have the name of the device and channels, not the actual set of the range of measure. Anybody has a VI (LV5.1 plea
-
What is mapLN and why is it eating all our space :)
here's a DbPringLog from a few months ago: <pre> [xoopit@xda-004 ###]$ java -jar ~/###/je-3.3.74.jar DbPrintLog -s 0x00000000 -e 0x0000000a -S <DbPrintLog> Log statistics: type total provisional total min max avg entries count count bytes bytes bytes
-
AppleMobileDeviceHelper has stopped working
When I attempt syncing iPhone 3GS with laptop, am constantly getting "AppleMobileDeviceHelper has stopped working" message, and iTunes hangs. My new laptop is a Dell Studio 1555, Windows 7 64-bit. The phone was syncing contacts and everything ok with