Assets Capitalisation

Hi Gurus,
I am stuck with a problem.We capitalised some more value to an existing asset and than we deprecaited it.But later on we came to know that the amount was suppose to be capitalised to some other asset.How can i transfer my values from existing asset to the new one.
Archit

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

Similar Messages

Asset capitalisation date and depreceation date..

Dear all
I am facing one problem regarding asset capitalisation
date and depreciation start date.
In my project. one bus is purchased
in different component Ex . first they purchased
Engine , then
body , then assembly charges and then RTO registration .
Now ,
we booked in same asset no with all value , first i verified the invoice
for Engine in date 31.07.2007. asset value is debited with say
amount 500000 . than bill of body -amount 100000 at 30.11.2007 and
then assembly charges 50000 on 31.12.2007and than RTO registration
10000 on 05.01.2008.
Toatl asset vlue is debited by -
660000.
client want capitalisation date should be RTO
registration date which is 05.01.2008, so i make the change in asset
master Capitalisation date as 05.01.2008 because asset take value
from engine invoice verification date which was 31.07.2007.
Now
problem is, when i go for depreciation system calculate the depreciation
from 31.07.2007 even i changed the capitalisation date system calculate
the depreciation from the purchased date of Engine.
Is there
any configuration part where i have to make some change in Depreciation
start date or i am making some mistake.
Awaiting for your valuable
reaply.
Thanks in advance.

Hi
For the same instead of creation of Direct asset the process to be followed is:
1.Create Asset under construction - AS01 with class AUC
2. Assign the same asset to your each transaction (From PO
to Registration Charges)
3.Create another Asset using AS01 with Final Class Vehicle
Use transaction code AIBU - Settle for settlment of asset under construction to Final Asset Vehicle and during settlment put the asset valuation date as 5.01.2008.
Also in Transaction code AIAB you have to put the Final asset i.e. Vehicle on which you are going to settle the asset under construction
But for the same the total reversal of your existing process is required.
Thanks & Regards
Mahesh
Edited by: Mahesh Nigudkar on Feb 9, 2008 7:07 AM

Asset Capitalisation date was from deleted PO

Hi,
Assets capitalised date shown on Assests Display was delete PO's capitalisation date.
Please advice why the asset didn't pick up the new PO date.
TQ
Regards

Hi,
I am unable to change the deprecation date. Following was error message :
Dep.start date 01.02.2007 should no longer be changed (Please check)
Message no. AA930
Diagnosis
The ordinary depreciation start date 01.02.2007 has been changed. The depreciation start date is in a closed fiscal year. You cannot change depreciation in closed fiscal years.
System Response
The System allows this change. The depreciation start date is decisive for determining depreciation. This will be altered by the change, but only in the fiscal years which are still open, in other words from 01.07.2008.
Procedure
A. Confirm that you want to change the ordinary depreciation start date.
B. Check the expired useful life and correct this if necessary, because this also influences depreciation.

Asset capitalisation through cash journal FBCJ

Hi Experts
Please help me in asset capitalisation directly through cash journal - FBCJ.
I mean FI doc should be "Debit Asset code and credit Cash account " through FBCJ.
Is it possible. Kindly assist.
Regards
Kuldeep Dubey

Hi Kuldeep,
Asset account is a reconciliation account. Hence you cant add it to the cash transaction list in the config for allowable transactions in Cash Journal settings.
The work around is pay the amount thru a dummy vendor account thru cash journal . And use f-90 for capitalization of asset as well as setting of the dummy vendor entry done in cash journal.
The dummy vendor will be useful for you to track how much assets purchased from cash book.
Regards

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 Capitalisation Date

Hi Experts,
We have some assets that have been incorrectly entered into the system prior to stores opening and are therefore already depreciating.
Is it possible to change the capitalisation date? With the desired result being that the asset will stop depreciating until a later date.
Please advise the best solution
Cheers
Samir

Ashok,
Thanks for your help, appreciated....
What impact will happen if I change the capitalisation date and
Will I be able to restart the depreciation after few months?
In case if I need to reverse the depreciation what should I do?
Thanks and regards,
Samir

Fixed Assets - Capitalised interest

Hello
Is it possible to post manual Capitalised Interest to a specific Book of an asset. This posting should only post to the non-leading ledger. I see SAP can calculate and post capitalised interest when the depreciation has been posted but want to post this interest manually and to only one book.
thanks

2007A PL 41 ANZ Localization.
I want to transfer assets that was uploaded/imported to the system, so if the question is the period: the period wasn't defined in the system. Should I define it ??
Regards,
-DDP-

Fixed Asset - Capitalised Interest

Hello
Is it possible to post manual Capitalised Interest to a specific Book of an asset. This posting should only post to the non-leading ledger. I see SAP can calculate and post capitalised interest when the depreciation has been posted but want to post this interest manually and to only one book.
thanks

Be advised that Fixed assets in SP02 only currently supports databases with a calander fiscal period i.e. starting 01 January.
Regards
Glen

Asset capitalisation with zero value

i noticed that some the assets that was given asset number previously was not capitalised. These assets were zero value assets. How do i solve this problem.

Its usually on display mode and when you actually settle AUC to an Final Asset this cap date gets defaulted in it. Try going in AA>Master Data>Screen Layout>Define screen layout for asset master data -- select the screen layout rule under which you want to make this change. and select posting information and double click on field group rules which will display the list of fields ... one of which is cap date. Trying making it as required entry and go in your AS02 change asset master screen and populate this date to whichever you want.
If the above solution doesnt work than go to t-code ANSICHT, select cost accounting and double click on authorization for master data fields and you will see Cap date as display mode. Change it to Maintenance mode and save it. See if this works.
plz assign points if helpful.

Asset Capitalisation

Dear SAP Gurus
Asset has been uploaded from the Legacy system on 31.01.2007 with the Capitalisation date 31.03.2006 under the class Asset Under Construction(AUC).
The asset is being capitalised by creating rule thru AIAB & while settling thru AIBU on 01.04.2007 an error message is displayed as "Acquisition value negative in area 01"
What might be the reason ? Kindly guide at the earliest.
Thanks & Regards
Veena

Hi,
Please check the following settings
IMG > Financial Accounting (New) > Asset Accounting > Asset Accounting (Lean Implementation) > Organizational Structures > Depreciation Areas > Define How Depreciation Areas Post to General Ledger
Please check the whether all values are allowed for the depreciation area for acquisition?
Regards,
Jigar

Is there any entry should be passed for asset capitalisation from CWIP

Hi all,
I have done the screens AIAB & AIBU. I would like to know whether these are enough to capitalisation from CWIP or I have to pass any entry apart from that. If any please explain me in detailed manner.
Any other method availble to capitalisation from CWIP.
Thanks...

Hi Saravan
This should be okay. Please check the message that you got once you did the settlement of AUC. An accounting document would have been generated along with this.
Please check the accoutning document for the debit in the asset account. You can also cross check in the GL balance of the asset account.
Hope this solves your query
Regards
Prasanna

Writeup depreciation asset capitalised from AUC

Hi
There are couple of AUC's capitalised and depreciation carried out.
But the AUC's wrongly capitalised.
Now I need to writeup the depreciation and decapitalise the asset.
The process I tried.
I used t.code ABZU with transaction type "700" then I am getting the error "You cannot post write-ups", but When I am using other asset which is not created from AUC I am not facing this error and Accumulated dep is debited and Depreciation is credited
Then I made setting and used t.code ABZU with transaction typr "400" then dep value is capitalised to main asset i.e. the entry generating was
Asset Account debited
Decprecation account credited
With about Depreciation balance is fine when I look FS10N, But my Accumulated depreciation balance account still holding the balance, now how to reverse the Accumulated Dep account is netted of.
Please let me know what is the configuration setting I need to carry so that system should generate
Accumulated dep Account debited and
Depreciation account is credited
Regards
Krishna

Hi
if the depreciaiton has been calculated just for open year, you should enter depreciation key 0000.
Best Regards,
Blaz.

Asset capitalisation will be done or not

we had a refigerator in our compnay which was capitalised. we replaced its compressor for rs 5500. old compressor got scraped at a price of rs 1000.
what would be the treatment for compressor purchased?
will it be capitalised with rs 5500 or will it be capitalised with 5500-1000= rs 4400.
please guide how compressor would be capitalised?

Dear Prakash,
if you have to activate the compressor replacement and not to post it as maintenance cost (ask your auditor)
you should do followings:
1) estimate the purchasing value of the old compressor and post a partly retirement with revenue (1000 INR) for it
2) activate the new compressor with value 5000 on the same asset refrigator
If helpful rewards appreicate
BR Tarik

Asset Capitalisation issue

Hi,
We have created a regular asset in the system, which was bought some times ago and later realized that asset was not used in operation but it was already capitalized and depreciation charged for four months. Now the factory accountant wants to reverse the depreciation charged for this asset and convert this asset to a AUC status as this asset still laying in warehouse without using to operation.(GR is carried out, PO raised and payments has been made )
What can be done from the system to correct this issue? Is there any way that we can covert a regular asset back to an AUC and stop charging depreciation for following months?
R,
Gayani

What type of inconsistency do you think will be there? Its my understanding that when you post the entry as said by me, the system would automatically adjust the balance in both Asset accounting and GL accounts. I think you are aware of this, but still....while posting an entry to Asset module subledger accounts, please use posting key 70 for debit and 75 for credit, Transaction type 100 for Debit and 101 for credit.
If you have access to AB08, then try using this Tcode and reverse the entry from the Asset account.
Either of this should be able to resolve your issue.
Regards,
Vinod

Issue with Asset Retirement without Revenue (ABAVN)

Hi Experts, hope that you are able to help shed some light on an issue with retirement without revenue (Scrapping).
We have an asset capitalised in FY 2007 with two depreciation areas 01 - Book & 15 Tax. There have then been settlements made to the asset from WSB Elements using transaction type 331 & 336. These were through FY 2008 and depreciation was calculated correctly throughout this time.
The issue was then in FY 2009 when there have been negative settlements posted (adjustments) to the asset and then the asset was retired. The retirement was posted but the values aren't what was expected. It was my belief that the posting should be credit APC, debit accumulated depreciation and then posting to a loss account defined in AO86.
Period Control are the same for retirement '01' for both the straight-line method in book depreciation and the declining balance method in the tax depreciation area .
The posting has been pretty much as expected in the book depreciation area - but in the tax depreciation area where the depreciation key is declining balance there is a reported gain from the retirement.
The report for depreciation are 01 - book shows retirement $1m split between $1.1m in PY and -$0.1m in Current Year.
The issue is that in the tax depreciation area the amount posted for retirement is $1.0 but depreciation posted is $1.125 and -$0.5 with a respective Gain for both prior year (PY) and current year... why has this happened ???
Thanks in advance
Chris
Retirement posting:
PK 75 CR APC value                 TType 200
PK 70 DR Acc. Dep'n CY          TType 250
PK 70 DR Amortisation              TType 290

Thanks Tarun,
I've solved checking the limitation in Customizing. There was a limitation for the Retirement: this was activated only for first Depreciation Area, so for the other ones no retirement will be calculated and net book value was always not equal to zero.
Regards,
Jody

Assets Capitalisation

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