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
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Edited by: juhis022 on Aug 24, 2011 8:57 AM -
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· Write-off of special reserves due to transfers
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Procedure
1. Call up the report for creating the asset history sheet (Info system ® Report selection ® Balance sheet explanations).
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Sort version that you want to use
Asset history sheet version that you want to use
Use the current book value indicator to specify if you wish to show planned annual depreciation, or the depreciation already posted.
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You also need to specify a time period for the retirement simulation. Please note that the simulation time period must begin on the same date every year so that LVAs can be shown continuously and correctly in the history sheet. This fixed start date should lie in the distant past (for example 1900). Using the same start date each year ensures that LVAs, for which retirement has already been simulated, do not appear in the history sheet with their APC in subsequent years. In addition, the end date for the simulation time period has to be in a fiscal year that is still open.
The same procedure applies for intangible assets.
Graphic: Simulation Time Period
4. Limit the report as needed. If needed, make additional entries for lists created using batch input.
for furthur notes
http://help.sap.com/search/search_overview.jsp
http://help.sap.com/erp2005_ehp_03/helpdata/EN/4f/71e286448011d189f00000e81ddfac/frameset.htm
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Goto SE11 - give in database table- ANLA---click on display tab -
click on contents Icon which is befire Technical settings
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Dear Experts,
Asset Capitalized on: 28.02.2009 and depreciation key used as: LINK-Str.-line from acq.value to zero without interest. Asset Retirement done with revenue (210) on 31.05.2009. We do have depreciation like (01 book depreciation, 15 Tax depreciation, 30 Local GAAP book depreciation). Below is the asset and class:
Asset name: Maruti Baleno
Asset Class: Vehicles
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When am trying to do same transaction with T code: u201CABAVNu201D, the system updating the deactivation date.
Can anybody explain me why the above error happening and why the deactivation date is not updating with t code: ABAON.
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In the AO74 the transaction types (Deactivate fixed asset check box also ticked)
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When am trying to update manually below error appearing in AS02
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You cannot deactivate, since acquisition values are still present in depreciation area 15.
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1) AIAB - Distribute (update a rule with G/L settlement with a GL account for 100%)
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Or
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FB01
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Do not use SMS Language. Respect Forum rules.Hi All,
Thanks
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We are using the Transaction Type - 700
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Edited by: juhis022 on Aug 24, 2011 8:57 AM
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