Asset incorrect capitalization date

An asset is created with an incorrect capitalization date with date feb 2007. now they found out the cap date should be 12/01/2007, so the asset is posted with addl depreciation for 10 months . how to credit depreciation
What is the ideal way to correct it.
Fyi..2007 is already closed.
Any clarification is appreciated.
Thank you

Thanks for your response..I realize I just have to write up depreciation using ABZU, but do I need to make any changes to the asset master to the depreciation start date
Also when I use ABZU/ ttype 700 to writeup does it recalculate depreciation.
Thank you

Similar Messages

Query Capitalization date

Dear Sir,
We implemented SAP in May 2009.
We have capitalized assets thruout the year (2009-10) - some with date Mar 2010.
We have not run the depreciation at all.
Is it that, if i now have to create an asset with capitalization date - Feb 2010 - system won't allow?
Do i need to captitalize it in chronological order? if so why?
Thanks
Sanjay

Dear,
Sanjay.
March 2010 date range falls within fiscal year 2009. So you can capitalize assets in same year. Following best practices user has to take up the values as on date, delay may create the chaotic situation at end of fiscal year.
Running the depreciation is one of the period closing activity. If you run the depreciation and then capitalize any assets run it again. System will not post again the depreciation to all assets it will consider only planned depreciation values in the run for that particular period.
But folllowing such ways is not at all recommended it will nothing but shuffle the account books.
I hope you understand. If you have any doubts please share.
Regards,
Pankaj A Bhalerao.

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

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

How to delete an asset with a capitalization date inefaceable and no value?

Hi all,
An asset was created on the wrong asset class. I would like to erase it but this is impossible because of the capitalization date.
Indeed, I cannot change the fields status variant of the capitalization date, it is compulsory.
Furthermore, as this asset was an error, there are no values on it.
I tried to enter a deactivation date, but this is not possible because of no acquisition performed.
Therefore, I would like to know if it is possible to erase an asset even if a capitalization date has been entered in the master data?
If it is possible, how can I do?
Thanks for help

Hi,
This is the drawback in asset master, when you make cap date as mandatory for AS01 transaction.
As a standard practice, cap date gets updated automatically when posting MIGO / F-90 only along with the qty.
In your case, first ask your ABAP member to delete the values from cap date field from table ANLA. (Field Name: AKTIV) for your questioned asset.
Then you can delete that asset with AS06 by choosing Physically delete the asset.
This will resolve your issue.
But if you make your field status as optional to cap date, then you must not got these kind of issues in the future.
Regards,
Srinu

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

Incorrect amount and capitalization date in the depreciation simulation

Dear SAP Masters,
I am getting a strange problem at my client's place while we are doing the depreciation simulation for Investment orders.
when we run this transaction to get the depreciation amount for a investment order we are getting a monthly depreciation amount of 446.72$and the capitalization date as 01/01/2008.
but the capitalization date for that order in KO04 is 07/25/2007 and the total project amount is 181500$. but the users are saying the capitalization should be 07/25/2007 and the depreciation for monthly should be 3025$ (181500/60months) because the useful life is for 5 years. I am not sure how it will calculate the deprecition as i am new to this area. They are saying they have no issues running this transaction for fixed assets but only for open investment order and the same time it is not consistent with the all the orders. I would like to know how the system is taking the information for running the report and uderstand the root cause of the error.
Any help will be truely appreciated.
Kind regards
Leoni

yes it is a temp table but the 2nd error is triggered after reading this temp table T7INREIM_TRNSDT in the include LHRPBSINCLAIMS_UTILSF01.
Also, this check occurs only if the Adv Claim is Tax-Exempt.
Is there a flag/checkbox that says 'On Actuals'?
The 1st error is getting triggered from the include LHRPBSINNEWCLAIMSF07 in the backend..You can put an external breakpoint & debug your claim.. that should help you resolve the issue.
And, yes the date check occurs only when the claim is LTC specifc.
all the validations are done in the the function call to HRXSS_IN_CL_REQ_VALIDATION.
~Suresh
Edited by: Suresh Datti on May 19, 2010 3:16 PM

Posting not possible (Value date earlier than capitalization date)

Hello , we are getting the error shown below. I'am not sure where to go to fix this can any offer any advice.
Thank you
Posting not possible (Value date earlier than capitalization date)
Message no. AA 322
Diagnosis
Asset 000000040048 0000 was first capitalized on 20080831.
You cannot post to an asset that was not yet capitalized.
Procedure
You have the following options:
Change the asset value date of your posting.
Capitalize the asset by posting an acquisition.

Generally this message will come , if you have created a asset with a capitalization date say 31/08/2008 and you are settling a Internal order for last period say 07 on with a posting date earlier than capitalization date , say 15/08/2008.
The System will not allow you to post because the value date cannot be earlier than capitalization date.
Change the value date to later than capitalization date and post.

Asset Post capitalization.....

HI Experts,
Please clarify me on the below issue...
1. Asset post capitalization means, if we forgot to capitalized asset for the closed fiscal year, then we have procedure to capitalize those assets... that will be calling as post capitalization of Asset..
Am i right?
2.Is it possible to create a sub asset (post capitalization asset) with the same capitalization date of main asset?
If it possible, is the system will calculate depreciation from the beginning?
Thanks in advance
satya

Dear,
Post Capitalization is for.....
Post-capitalization represents subsequent corrections to the acquisition and production costs of a fixed asset. An example of when you need this type of correction is if you neglected to add expenditures and costs linked with the acquisition or assembly of an asset to its APC in a fiscal year that is now closed.
2.Is it possible to create a sub asset (post capitalization asset) with the same capitalization date of main asset?
Yes.
And it must calculate depreciation from that date.
Regards,
Chintan Joshi

Asset special dep date default

Hi Gurus,
The requirement is that the special depreciation date for an asset class should be defaulted to 01/01/2007
This is with reference to the depreciation key ZZZZ wherein we charge special depreciation at a rate of 50% on the acquisition value. We need to maintain the special depreciation start date as 01/01/2007 .
is there any way of to configure this other than substitution.

Hi In your depreciation key you can use period control. There are some available in SAP. With the period control key it placed the depreciation start date based on the capitalization date from you asset.
Example: Cao date 10.06.2007 then depr start date is 01.01.2007
With the Multilevel method you can set up the levels you want to use:
Like
period 1 50 %
period 2 10 %

Changing capitalization date

hi there
My effort is to add tax (area 10) values to existing assets.
As of now I have an asset.
capitalization date 1/1/2003
book deprn start date as 05/30/2003.
but we want , for tax purposes, in area 10, we need the deprn start date as 1/1/2002.
The system is only calculating accum deprn in as92 (for area 10) ONLY if i put the capitalization date as
1/1/2002.
PLease let me know what would be the implications if I change this to 1/1/2002 on the book deprn values.we are in 2009 and change the fiscal year.
Thanks
MSJ

Hello
I don't think there is any major impact.
Ensure that this tax depreciation area does not post any real time entries.
Make statistical entry as check point.
Reg
suresh

Capitalization Date

Hi Gurus,
Kindly advise if it is advisable to change the capitalization date when we transfer asset within the company using t-code ABUMN just for reporting purposes.
Thanks,
Ellicec

Hi Viswa,
Here is the scenario. We have an original asset no which is 7800002100. The capitalization date of this asset maintained in AS02 asset master data is 12/07/2009. We need to transfer this asset to a new cost center so we transfer the asset within company code using ABUMN.
In ABUMN, we created a new asset that will replace the original asset. However, we change the capitalization date of the new asset (replacement) to 01/01/2011.
Kindly advise if it's ok that we change the capitalization date from 12/07/2009 (old asset ) to 01/01/2011 (new asset )
Regards,
Ellicec

Capitalization date from GRN date

Dear All,
i need a requirement to be configured in the system.
when we are doing a GRN in MIGO TC for a particular PO with asset ID 100200, the GRN date should pick up as the capitalization date in the Asset master of 100200.
How to configure this.
Please kindly advice me
Regards
Man

Hi
With the help of your MM Consultant you can do this. Change the field status of Account Assignment Category A in Transaction Code OME9. Remove the Check Box for GR as non valuated. However, note that the asset values would also be updated from the date of GRN. Test the same in Sandbox
Regards
Sanil Bhandari

Opening an asset in back date

Dear All:
My question is regarding opening asset master data through AS01. When we open an asset it is saved with current date. But what if we want to open it in back date. let us say today is 2nd july 2010 but i want to open an asset back at 5th june 2010. Is it possible in SAP. Please suggest
Regards

Hi,
Which date are you talking about.
Both capitalization date and ordinary depreciation date are freely changeable fields. First acquisition date is usually updated based on first transaction date.
Best Regards,
Madhu

Asset incorrect capitalization date

Similar Messages

Maybe you are looking for