Asset Revaluation issue - Reval of Current year depreciation
Hi All,
We are setting up the system to do asset revaluation for our company code in South America. My client wants to
revalue the assets from Jul'09 to Dec'09.
1) We have maintained inflation indexes for the last day of each period in the year 2009.
2) Maintained Posting Variants and Time Base and Exposure variant accordingly for all the periods and year as 9999.
3) Assigned the appropriate Time base and exposure variant in the period control method.
4) Maintained the Revaluation Areas:
a) Area 01 - Book
b) Area 02 - Inflation Adj (Revaluation Area)
c) Area 03 - Derived (Area 01+Area02)
d) Area 22 - Infla Adj in Group Currency
5) Maintained the Revaluation key and assigned it to the relevant Asset classes by Depreciation Area (02 and 22)
6) Maintained the transaction types as below:
897 - Revaluation (downward) current year
892 - Revaluation (upward) current year
891 - Revaluation (downward) prior year
893 - Revaluation (upward) prior year
7) Maintained the Inflation Method and last revaluation date on Inflation method as 01.07.2009.
8) We have also activated the Revaluation after useful life.
With this setup in the system I took a test asset which had depreciation postings for the period 08 and 09. When I
ran the J1AI - Revaluation (Inflation) Program in the test run mode the outcome was that the APC value of the asset
was being revalued and Revaluation of Prior year Depreciation but not the Revaluation of current year
Depreciation. Can anyone tell me why current year Depreciation is not being revalued.
Am I doing something wrong process-wise or configuration-wise?
Please help me in resolving this issue.
Regards,
Raj
Hi Rajesh Phanibatla,
I've always happened that Issue. But what I realized is that although the program output (J1AI) does not show you nothing on "Rev of CY Depn", the system calculates. This only happens for the first month of adjustment (In your case, Aug 08).
Try checking the test asset with the Assets Explorer (AW01N) just after running the adjust (J1AI) in background process (NO test mode) at 31.08.2009. See if the area Area 02 - Inflation Adj (Revaluation Area) on "Posted values" tab shows something different to zero on month 08 with "Planned" status.
Then, for the adjustment of the following months, the output of the program will show you the "Rev of CY Depn" value.
If you want, let me know your email to show you a presentation (PowerPoint in spanish) that has screens that I captured on that occasion that happened to me.
I hope this is your case and can help you that I said.
Good Look!
PD: Sorry for my bad english :S
Similar Messages
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Fixed Asset: Current Year Depreciation
Dear Experts,
Previously, fixed assets was managed manually in an excel sheet and depreciation was calculated manually in the excel sheet.
My client wants to start using the FA Addon in March. I managed to import all the fixed asset master data with its Cost, Acc. Depn and NBV. They all tally with the GL balances as at 31.12.2010 which is the last day of the accounting year.
However, I have problem with the current year accumulated depn figure. When I run depreciation for Jan-Feb, the figure does not tally with the GL balances as at 28.02.2011.
For example:
Fixed Asset Cost: $5,859.00
In SAP B1
Depreciation method: Straight-line depreciation
Calculation medthod: Percentage of Acquisition Value
Percentage: 33.33%
Planned monthly depreciation: $162.77 <-- Not sure how B1 get this figure
Therefore, accumulated depreciation for current year as at 28.02.2011 = $325.54
Manual via Excel
Depreciation method: Straight-line depreciation
Calculation medthod: Percentage of Acquisition Value
Percentage: 33.33%
Accumulated depreciation for current year as at 28.02.2011= ($5,859 x 33.33%) / 12 x 2 = $325.47
How do I get the current year depreciation to tie with the GL?Hi Joyce,
I understand the issue you are facing is that
accumulated depreciation for current year as at 28.02.2011(calculated by Fixed assets addon) = $325.54,
but
accumulated depreciation for current year as at 28.02.2011(calculated by excel)= ($5,859 x 33.33%) / 12 x 2 = $325.47
you want to know how system calculate the accumulated depreciation as $325.54?
in order to make it clear,
please let me know how did you define the FA master data,such as the net book value,useful life,remaing life and so on.
Please check the FA master data->general tab and calculation tab,as it is not possible to attach the screenshot to show the relevant data,please log a SAP message for the further assistance.
Kind regards,
Eleven -
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we have one asset 1000192 around APC: 35000 USD, acquire in previous year 2012.9.1, accumulated depreciation is around 5700 USD, current year depreciation is 390 USD, we create a new asset 1000193 by refernece this asset, then use ABSO to post APC and accumlated depreciation, after I click "display document", I enter around 5700 USD in ord. dep field (cumulat.) then around 390 USD in "current year" field. after I post, system post 5700+390 to value adjustment field in asset explorer.
is there any way that we can migrate 5700 and 390 separately to accumlated depreciation and current year depreciation in asset explorer instead of " value adjustment"?
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What transaction are you performing in ABSO exactly? What is the transaction type you use?
If you do a transfer, then the system will always post a value adjustment for already posted depreciation depending on your period control for retirement/transfer in your depreciation key.
Maybe you want to check also the setting in the transaction type regarding taking over the depr.start date: see the F1 Help on Indicator: "Transfer adopting dep. start date" in e.g. AO76.
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There is a need to revalue assets on a certain date in the current
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in the same company code a new asset was revalued with a new value
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Examples:
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with a value date corresponding to FYP 04/2011. Revalued at $1200 with
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fine.
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the remaining useful life. Depreciation for 4 FP posted. Asset revalued
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Are revaluated values appearing correctly in asset explorer (AW01N) both APC and depreciation.
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Thanks!!!
Murlidhar Khatri -
How can we import Fixed asset of the current year ?
Hi ,
in 1272578 note , SAP Support explain that's it's not possible to create fixed asset of the current year( example = acquisition date = 2009-02-01 ) using import , but they gave no workaround .
does it mean that we have to manually create all assets of the current year ? or there is another way ( using DI-API for example ) ?
ThanksGood day
The fixed asset master data import functionality in SAP Business One is used to import assets of the previous year. If you are to force the importation of current year assets some of them might load but system will not be able to calculate planned depreciation for that year, which will give u problems when u try to run depreciation forcing u to post manual depreciation.
With manual depreciation will not look good on the Fixed Asset Master since it sort of duplicate depreciation ONLY on the Master your report will be fine.
Capturing Current year assets manually will be the safer road.
Thanks
Louis -
I have created Fixed assets Report , but our auditors would like to see separate Prior YTD Depr in separate column and current book Depr in separate column , right now Prior year YTD depr amd Currrent year depr showing in column Amount Curreny column,
but I would like to show that amount in net column and Current book depr by each to accum and show in where I have $ 710.95 amount , can some one help me how can I change my query to come up what I am looking for, I really need to fix this for
our auditors, and donot to show the details by each month, any help will be really appreciated, you guys are so good, I wish I know more about Sql,
my Query is below
SELECT ASSETTABLE.NAME, ASSETTABLE.ASSETTYPE, ASSETTABLE.QUANTITY, ASSETTABLE.UNITOFMEASURE, ASSETTRANS.TRANSTYPE, ASSETTRANS.ASSETID,
ASSETTRANS.TRANSDATE, ASSETTRANS.DIMENSION2_, ASSETTRANS.AMOUNTMST, ASSETTRANS.ASSETGROUP, ASSETTRANS.DATAAREAID,
ASSETTABLE.UNITCOST
FROM ASSETTABLE INNER JOIN
ASSETTRANS ON ASSETTABLE.ASSETID = ASSETTRANS.ASSETID
WHERE (ASSETTRANS.DATAAREAID = N'AR1') AND (ASSETTRANS.TRANSDATE >= @Paramfromdate) AND (ASSETTRANS.TRANSDATE <= @Paramtodate)
thanks in advanceI don't think I understand exactly what the ask is. What field allows you to distinguish between prior year and current depreciation? TRANSTYPE?
I think your data is fine. I would suggest using a Matrix instead of a table. Just set the column group to group on the field that distinguishes between current and prior year depreciation. Add all of the rest of your column outside the column group so they
are only scoped by your row group(s). You can add those columns either before or after your column group columns.
If you have a lot of work into your report already and don't want to create a new matrix which will require you to recreate the work already done on your table. you can convert the existing table to a matrix as described in this technet wiki article:
http://social.technet.microsoft.com/wiki/contents/articles/21184.ssrs-converting-between-tablix-controls-matrix-table-list.aspx
"You will find a fortune, though it will not be the one you seek." -
Blind Seer, O Brother Where Art Thou
Please Mark posts as answers or helpful so that others may find the fortune they seek. -
Posting Depreciation for last year in the current year
Hi,
We have a situation in which we have to book depreciation for assets that were put into service since last year in the current year. The depreciation expense was accrued and reported when the year was closed out. However SAP wouldnt allow us to calculate the depreciation for anything before 01/01/2009. The assets were put into service in July of last year and hence we need to post 6 months of depreciation that we accrued last year in this posting period (when we will be capitalizing those assets). How do we go about doing this?
Here is what we tried:
1. Manual Depreciation: Doesnt work. The depreciation key we are using (LINA) doesnt allow manual depreciation
2. Changing the ordinary dep start date: You can change this date to last year but it wont calculate the depreciation from last year. It just starts the useful life from last year. The depreciation that is being caught up starts from 01/01/2009
3. Unplanned Depreciation: This is not an option because it goes to a different G/L account. The client wants it to be in the regular depreciation expense account only.
Any suggestions?
Thanks!Hi,
So far my knowledge goes there is no way wherein you can capitalise assets in currnet year and account for dep from the previous year unless you go for post capitalisation vide ABNAN.Let me try to explain it by the following example.
FY: April to March
APC 10000/
Rate od dep 10%
Ord dep Start 01.10.08.
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Line items for ABNAN
70 Asset A/c 10000
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FB60 Line items.
31 Vendor Account 10000
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40 Rev from post capitalisation 9500.
I do hope you will be able to clear your confussion.
With best wishes
Monoj
Edited by: MONOJ SARKER on Aug 5, 2009 12:11 PM -
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Hi,
I believe we cannot write up current year dep but only of the previous fiscal year.
Is there any way to write up for current year's depreciation?
I cannot post a negative amount in uplanned depreciation. If I enter the amount of the curreny year dep in ABZU with 700 Ttyp it give me below message
Correction to ordinary dep. greater than acc. dep. in area 01
Message no. AA634
Asset affected: 000006011037-0000
Diagnosis
The line item cannot be posted, since the correction to ordinary depreciation in area 01 exceeds the cumulative ordinary depreciation.
The error can occur during a transfer, a write-up, or post-capitalization.
Procedure
Correct your entry.
Any other way
thnks,
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Have you able to get threw your error...
I am facing with same problem....
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Any updated
Regards
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Thanks in advance
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you can go to the following Customizing path:
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=> Here, you can copy the transaction type eg 640 to Z64 OR 650 to Z65 (depending on the transaction type that you use in ABAA).
=> Here you have the flag for Debit and Credit, which you have to change as described above.
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The SAP implementation was done in 2006 during the data migration the
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The fiscal year variant is v3, april to march with 4 quaters June,
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Komal -
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Dear sir,
I am working with asset module , I have configured and uploaded legacy assets for previous year capitalised assets. when i came to upload current year capitalised assets , *** and accu depn feild were in display mode and i have uploaded values in takeovers tab ( accu depn in amount posted--from capitalisation date to 30092010 and *** value in transaction with asset value date as capitalisation date,trn type is 100 and *** values)......
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My user have one adjustments to do from previous fiscal year.
As we have some invoices in which we can do direct payment in Non-sap and for information purpose we enter the transaction in SAP. My user did a goods receipt in MIGO but have not created any invoice for the Vendor and done the payment. Now when I run MIRO with material document and PO, it is giving me message " You cannot post to this asset (Asset XXXXXXXXXXX deactivated)".
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Option1. I tried activating asset in AS02 but it is in display mode. From where I can make it optional mode, plz give me the t.code.
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or if you have any other option please let me know.
Your help will be highly appreciated
Kind regard
LSHi Viswa & Siva,
Thank you very much guys for your quick reply.
The problem is not solved yet.
Viswa - In 2. Posting Information - FG 12 Deactivation is already flagged as Optional, MnNo. is ticked, Sbno. is ticked.
FG 13 Planned deactivation is flagged as Optional, MnNo. is ticked, Sbno. is unticked.
So this is not helping me out, am I missing something?
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Thanks
LS -
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Hi,
While retirement of tangible fixed asset result document does not include current month depreciation. So it makes closing month procedure impossible.
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Regards,
SwethaDear members of this forum,
please have a look at rules of engagement:
Do not ask for points - This forum should be firstly about information exchange; points are an incentive and a way of saying thanks.
Asking for points is like asking someone to say "thank you": The only time we do this in real life is when teaching a child good manners.
Saying it to an adult is insulting, so why do it in the forums? If someone keeps asking questions without awarding points, simply stop answering them or use the abuse button to report it
Best regards
Horst -
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Thanks
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AT: Initiate Input Row
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Br
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Hi experts,
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In our version (4.6) it is not possible to do a write-up in the same year from the acquisition.
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Perhaps you can use an other depreciation key or start later with the depreciation.
When you have a lot of changes it is better to use manual depreciation and doing an upload from EXCEL with a LSMW
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