Asset selling entry

we are selling asset. so we wanted to post sale entry. what is the proceedure to post sale entry. what are all the method to selling asset in SAP. we have to retire or what? so tell me the entire proceedure of selling asset.

Hi
Can sell the asset with / without revenue.
F-92 - With Customer
ABAON - Asset Sale Without Customer
ABAVN - Asset Retirement by Scrapping
ABNE - Subsequent Revenue
Asset Sale entry in SAP is different from normal Asset sale entry.
Say Asset sale with Customer:
Customer.........................Cr
Asset Sale.......................Dr
Asset a/c.........................Cr
Accumulated dep. a/c.......Dr
Asset Sale.......................Cr
Profile from asset sale.......Dr
SKS

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Assets Capitalisation Entry

Dear Friends,
I am having One Assets Capitalisation Transaction Entry Problem.
I have Configured L400000 GL Account for Assets Cost Debit & E21710 GL Account for Eliminate US Gaap GLR Credit for Assets Capitalisation Entry in AO90 in assets configuration for 14 Countries.
Dr Assets Cost L400000
Cr Eliminate US GAPP GLR E21710
But As per One of the Business Requirement on Substitution of Assets.I need to Credit Substitution Clearing GL account for Assets Capitalisation.So that for that Process the Assets capitalisation entry should reflect as follows in SAP.
Dr Assets Cost L400000
Cr Substitution Clearing L23076.
Can Anybody Help me how to Configure in Assets Accounting particulary for this Business Process the above entry.
I will Assign Points.
Thanks,
Pankaj

Hello,
a. Create the new asset
b. Do intra company asset transfer to the asset
thats it.
it wud work correctly., even the depreciation gets transferred.
regards
anantha

Asset selling

hi all,
one of our client tried to sell its asset. and from f-92 they did it. but later they figure out that they run afab for june and all the postings occured at the end of the mounth (30.06.2011) but they selled the asset at 27.06.2011. so the posting of f-92 wrong because the amount in the asset selling loss account suppose to be in the depretiation account. but just because the asset selled at 27.06 system post like this.
i have a solution but i am not sure is it right or wrong, that i can open asset accounts for posting with oamk and i can transferr amount from the loss account to depretiation account would this work?
any suggestions?

Hi,
Further comment is that for disposal of asset with customer (F-92), there will be three scenarios gain or loss or break even.
In case of loss when selling the asset, a posting to u201CLoss due to disposalu201D p&l account is inevitable. This amount to be posted to loss p&l account due to disposal may be influenced by depreciation expense of existing month depending on the sequence in which depreciation run and retirement process are executed.
In your case, if the asset selling date was 27.06.2011, you can run the asset disposal F-92 on 30.06.2011 (posting date and asset value date) the same day but in a sequence after the depreciation run process. However, document date input as 27.06.2011 in the disposal document should be fine as reporting is by period.
Kind regards,
John Chin

Asset Scrap Entries

Hai
Can Any one explain me asset scrap entries and hw the settings for WDV and Straightline method Depreciation Seetings Takes place
Regards
Raghav

when you scrap an asset, the following entry would be applicable:
Accummulated Depreciation Dr.
Loss on scrapping Dr.
Asset Account Cr.
Net book value is nothing but the asset value minus accummulated depreciation.

Error while doing asset retiremnt entry

Hi,
While doing Asset Retiremnt through f-92 sale with revenue to customer.
Geeting error message as ' Auxiliary Account Assingment to asset not possible, remove entry"
I have given 1st line tem as customer account 2nd as asset sale offset account.
Also ticked on that asset retiremnt check box and selected appropriate asset.
Pls help...
Regards
Raj

Hi,
According to ur threat it seems like you have entered the asset number in account assignment part of document entry.
you are not suppose to enter any asset number, which is to be retired in the line item.
first line item will be customer Debit
second line item will be with posting key 50
GL account (Offsetting Account)
enter the value
dont enter the asset number in the asset number field.
just select asset retirement check box only
once you selected the asset retirement check box, you will get one pop up screen, it will ask you to enter the asset number, here only you are supposed to enter the asset number, asset value date, complete retiement check box (if you need ).
then press continue button
simulate
post
This will defenitely solves ur issue.
Please do not forget to assign score to me
Thanks,
Srinu

Asset posting entry

Hi,
Iam trying posting entry using f-90,but showing an error message .
System response
In the standard system, the system rejects the posting to the asset and issues an error message. However, this error message can be changed in Customizing so that it is only a warning. However, if you make this change, you should be aware that it is then possible to post to the asset, although an additional account assignment is missing.
Procedure
Start report RAUNVA00 for the asset, and complete the asset's specifications. Then post the transaction again.
How to resolve this issue.
Regards,
uday

Hi,
If master data is incorrect for an asset, this error occurs.
Execute AUVA (RAUNVA00 ), which will give you list of incomplete data of asset master. After correcting the same, you can post thru F-90.
Best Regards,
Madhu

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Good Day,Can someone offer insight on how to populate the BIOS Asset tag got the Lenovo E550? The procedure we used for the E540 doesnt work for the E550.With the 440/540 we were able to use the WINAIAPackage.exe file to edit the Asset tag. This file doesnt run on the E450/550. Thanks for any help.

Have you tried this?
windows -> http://support.lenovo.com/en_US/detail.page?LegacyDocID=MIGR-75237
DOS -> http://support.lenovo.com/en_US/downloads/detail.page?DocID=DS013515
I know it doesn't specifically say X1, but I think it should work. I haven't personally tried it on X1.
If it doesn't work, let me know and I will chase this down for you.

Asset G/L Short text in Asset Documents Entries

Hi all
During posting any asset document the short text of the g/l of the asset doesn't appear instead the number of the asset appears.
how can i make the short text of the asset g/l appears????????????????

Friend,
Have you checked FS00, fourth tab, left to right? There was lenguage text. If you really did this, please open an SAP Message to report error.
Regards

Asset a/c entry at the time of MIGO instead of MIRO

Hi
currently we are posting asset accouting entry at the time of MIRO i.e. asset Dr and vendor Cr.
Now we want asset should debited at the time of MIGO.
we have change the setting in MM-account assingment but still we are not getting the desire result. can anybody let us know how we can achieve the same.
please reply
Regards

Hi
Thanks...that is there but still not getting result.
regards
DD

Asset Close and Open period

hi
how close asset period and want to make entry in 2010 the how open period 2010 for Asset Accounting entry in which Transaction code .
thanks
Kisanp
Moderator: Please, read basic SAP material

Hi,
You can close asset fiscal year by AJAB.
Coming to periods you can restrict at OB52 account(A and +).
Regards,
Sankar

Error while creating Legacy Asset using AS91

Error is as follows
E698 SYST: Abnormal termination (ANLB-LGJAN 1 not equal to ANLC-GJAHR
In 2008 during implementation, there was a mis match between FI & AA.
In AA Takeover values were not updated but GL entry was made. Now since depreciation is run, it is not allowing to update takeover values in AS92.
Now the i have planned to follow this procedure
Firstly Reset Depreciation
Then to create new Assets in AA copying previous assets without Takeover values using AS 91 & update those takeover values in new assets.
Then FI & AA values would match & then i can run depreciation.
But in 2nd step i am stucked, as when i try creating new asset using AS91 it is giving above error.
What should be date of legacy data transfer in spro? i have maintained 30.09.2008
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What more has to be done?

Hi Paul
I have taken a production copy in different client & have done all these with the client's permission.
Following are the reasons with example
suppose these are 4 assets at the time of implementation
1 Asset A       Acquisition value 100000/-      Accumulated Depreciation       20000/-
2 Asset B       Acquisition value 200000/-      Accumulated Depreciation       30000/-
3 Asset C       Acquisition value 300000/-      Accumulated Depreciation       40000/-
4 Asset D       Acquisition value 400000/-      Accumulated Depreciation       50000/-
In implementation following happened by mistakenly
Asset A & B were properly created using AS91 & in GL also entry properly made using OASV
but for Asset C, entry was made using OASV but in AA Tcode AS91 Asset Master was created but Takeover values were not updated.
for Asset D entry was made in OASV but in AA Asset number was not at all created.
so when you see asset master C in AW01N acquisition value is blank & planned depreciation is also missing.
i think individually all data was not cross tallyied.
So the Balance sheet is tallyied with entry in FI
but
in AA there are 100 assets without takeover values & 300 assets for which Asset Masters are not at all created in AA.
& depreciation for 2008 has been run on other assets excluding these 400 assets.
So now AA closing cannot be done as the FI & AA balances are not reconciled.
& now we have to update takeover values creating new asset masters using AS91 but system is not allowing us.
Could you suggest some solution for these problems
Thanks in Advance

Asset aquisition date ????

Hi All,
Previously at the time of asset acquisition, it was picking the document date as asset value date & capitalisation date and calculates the depreciation accordingly.
But now with the same process, it is picking the posting date as asset value date & capitalisation date. The depreciation start calculating accordingly ie., from posting date.
Now I want to change the asset value date from posting date to document date in the asset acqusition entries. Please guide me how to do rectify the asset value date field???
Thanks in Advance
Regards
NN

Hi Nikhil,
Doesnt the existing rules useful to u.
The following r the one that r defaults:
01   To be entered manually
02   Posting date
03   Document date
04   Earlier of either document or posting date (if different fiscal year: posting date)
05   First day of period
06   First day of fiscal year
07   User-specif. fixed date
08   Current date
09   Capitalization date
10   Date of last retirement
11   First day after last retirement
12   Posting date, goods receipt
14   Date of revaluation measure
Regards,
Kiran

Track P.O.no.against Asset created via AUC settlement

Hi Friends,
We have a scenario wherein an AUC is populated in a P.O.as account assignment object. Goods Receipt entries are made for these P.O.s and the AUC gets values therefrom. This AUC is then settled to a Final Asset.
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Let's say the AUC has 40 line items, whereas there are 5 Final Assets as settlement receivers.When the settlement entries are made from AUC to Final Asset, 5 entries will be generated in the foreground, but can we see the entries generated internally by the system, as in to see how the system has allocated values?
Regards,
Varun

Hi Preeti,
The t code FIAAIN_PO_TRACK mentioned above does not exist in our system. Does it need to be developed?
Regards,
Varun

In-house production of asset through process order

Dear Experts,
We are procuring raw material and doing in house production for this raw material.
The process i followed is :
we created a new order type and assigned settelement profile for asset under contruction
while creating prod order it is asking for settlement rule
which is correct and we gave the aset number there and 100% settlement
my doubt is system does not allow to settle the order until it has status of delivered or teco ..
if we make the grn from production and aslo settle to asset double entry will be passed to asset in balance sheet ..
how can we directly settle only to asset instead of doing grn from prod
Please let me know how to overcome this situation. A quick response is highly appreciated.
Thnx
Srinivas

Hi Srinivas
The Header Material of the Production Order should be a Non Valuated Material i.e. the material for which the Prod Order is created should be a Non Valuated Material...
Even if you do the GR, the same will be non valuated and hence have no value...
Once the process is complete, you need to settle the same to the Asset.... Hence, there will be NO double accounting...
Even if your Material is not Non Valuated, you need not worry.. Since you have assigned Asset No in the settlement rule, this means the GR will be Non Valuated, though the Materila might be valuated.... So, in any case, there wont be double accounting
Just settle the Prod Order to Asset and it will be done!
Br, Ajay M

Asset unfder construction: Settlement

Hi
When I capitalize Asset unfder construction . Until the final step "Asset unfder construction: Settlement", when I execute, it notice error:
"Balance in transaction currency
Message no. F5702
Diagnosis
A balance has occurred in transaction currency 'VND' with the following details:
Exchange rate '00', amount ' 2.000.000.000,00' and currency key 'VND'.
The data in the transaction currency were transferred from the calling application.
System Response
Your data cannot be processed in FI.
Procedure
The error is probably in the calling application"
Although I only use Vietnamdong. You can help me to fix that error
Thanks very much
Reguards;
Ngocpt

Check the assets master of the fixed asset ( new asset ) and verify the cost centre has been assigned to it. The system is not able to determine the profit centre for the settlement asset capitalisation entry.

Asset selling entry

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