Assets Closing

Dear All,
I have not done the Fiscal Year change for Assets. But I have done F.16 for Other G/l Account . Because the client has not yet closed the books of accounts.Now when i want to view the Report S_ALR_87011963 the system tell me an Error Msg
" Fiscal year change not yet made for Company Code"
How am i supposed to view the Std Reports
Kindly Please Guide,
Regards,
R.Ramakrishnaraj

Hi
You can run AJRW - Fiscal Year Change then the problem is solved.
Don't run AJAB - Execute to close the old fiscal year.
When the old fiscal year is closed you can run AJAB - Execute to close the old fiscal year.
Now it is l posible to make asset postings in the old and new year.
Paul

Similar Messages

ABST2 Error while doing Fixed Assets Closing

Hi,
I've run into an error of 0.01 in account 161370. I need to get past this or write off the difference in order to close the year..
Note: For 2008 Fixed assets closing i have executed ABST2 transaction now in this July-2009.When i execute ABST2,i am getting the below report.
CoCd Acct no.   Year S 1st local difference
3000 161370      2009                   0.01-
Differences between assets and G/L accts in the balance carried forward
Message no. MQ555
Diagnosis
Differences occurred in the balance carried forward when comparing asset summary records and G/L accounts.
Procedure
Using program RFEWSBAL, select the accounts for which differences occurred. To do this, proceed as follows:
1. Changeover package: Active package
Phase: ANALYZE
Origin of change: AS
            Proceed
1. Analyze the accounts containing errors using note 104567.
If the document number field contains the entry "W004", this means that although a difference exists in the balance carried forward, this difference was charged off at the key date. Following local currency changeover, the system adjusts the currency differences at the key date only, but not in the balance carried forward.
If the entry "W004" exists for all affected accounts, the status is set to warning instead of error. If the correction at key date described above proves sufficient, you can continue changing over the local currency without additional adjustments in the previous year.
However, SAP does recommend that you make corrections in the previous year in line with note 104567 since this ensures that the balance carried forward is also reconciled.
Kindly Help me in this regard
Suvarna

Hi,
I've run into an error of 0.01 in account 161370. I need to get past this or write off the difference in order to close the year..
Note: For 2008 Fixed assets closing i have executed ABST2 transaction now in this July-2009.When i execute ABST2,i am getting the below report.
CoCd Acct no.   Year S 1st local difference
3000 161370      2009                   0.01-
Differences between assets and G/L accts in the balance carried forward
Message no. MQ555
Diagnosis
Differences occurred in the balance carried forward when comparing asset summary records and G/L accounts.
Procedure
Using program RFEWSBAL, select the accounts for which differences occurred. To do this, proceed as follows:
1. Changeover package: Active package
Phase: ANALYZE
Origin of change: AS
            Proceed
1. Analyze the accounts containing errors using note 104567.
If the document number field contains the entry "W004", this means that although a difference exists in the balance carried forward, this difference was charged off at the key date. Following local currency changeover, the system adjusts the currency differences at the key date only, but not in the balance carried forward.
If the entry "W004" exists for all affected accounts, the status is set to warning instead of error. If the correction at key date described above proves sufficient, you can continue changing over the local currency without additional adjustments in the previous year.
However, SAP does recommend that you make corrections in the previous year in line with note 104567 since this ensures that the balance carried forward is also reconciled.
Kindly Help me in this regard
Suvarna

Asset closing

Hi,
We have just gone live and run AJRW to carry forward the assets but not AJAB for 2011. We made sure that no dep is claculated in SAP for 2011 since we did it in our legacy. We made sure that dep is calculated only from 01.01.2012. Now the issue is. We have not run the dep in our legacy for last 3 months hence we are getting some difference id data in both system.
We need to know if we can change the value in AS92 or run dep for only 3 months. If we do so can we re run AJRW with new values. Please let us know at the earliest.
We have checked both options in our test system and it works, but need some expert advice on this.
Thanks,
Lokesh

Hi,
1.First finish deppreciation run for all periods - AFAB
2. Asset fiscal year change - AJRW
3.Year end closing for asset accounting - AJAB
Hope this information is sufficient
all the best
Prasad

Use of different fiscal year variant in leading&non leading ledgers and Asset closing&Reporting

Experts,
Need one clarification on using different fiscal year variants for Leading(0L)&non Leading(NL) Ledgers and impact on Fixed Asset Accounting.If I use say V6(Jan2013-Dec2013) for Leading Ledger and April2013-March2014 for non leading Ledger,(local GAAP)-please clarify the following.
1.Does Asset Accounting gives all standard reports as expected in both(Leading&Locals) the Depreciation areas?Do we need to any settings specially for in the above scenario?(I am assuming point#4 given below may not help for this as system gives an error if both the fiscal year variants have different start&end dates)
2.How is Year end in Asset Accounting handled?If I close the year end in Asset Accounting for Company Code as per Leading Ledger i.e say by Dec 2013,can I still post the asset entries in non leading ledger?Because Financial year for Leading ledger will be 2014 and non leading will be still 2013(in Jan2014).
3.I am aware SAP has some restrictions way back in 2005-2007 (SAP note 844029) for different fiscal year variants in Leading&Non Leading Ledgers,Does SAP come out with any solution later?
4.What is the exact use of the settings at Asset Accounting>>Valuation>>>Fiscal year>>Fiscal year variants at company code level or Depreciation area level?My understanding here is,they are not meant for using different fiscal year variant with different start&end dates but they are meant for using different fiscal year variant with same START&END DATES and have different number of posting periods i.e 1 can have 12 and other can have 13.
Please can you give your comments?
regards
hinfi

Hi Hinfi,
It seems standard SAP does not manage different fiscal year variants (at least with different start/end dates) in different depreciation areas.
However, they came up with an add-on solution called Multiple Calendar Tool and based on a mirroring solution that synchronizes asset transactions in a mirror company code.
It's all explained in following notes:
Note 1175751 - Project solution for alternative fiscal year variant
Note 1636025 - Asset acctg multi calendar tool 1.0_ SP Note
Note 1658489 - Installation of Asset acctg multi calendar 1.0 software
Note 1658714 - Asset acctg multi calendar tool_ Overview Note
Note 1691481 - Release strategy_ Asset acctg multi calendar tool
Note 1951069 - Different fiscal year variants in General Ledger Accounting (New) (NewGL) under the new Asset Accounting (FIN_AA_PARALLEL_VAL)
I don't know if it's commonly used and personnaly have no feedback on it. I was curious to check how to manage a depreciation area 01 posted in a leading ledger in US GAAP (FYV january to december) and another depreciation posted in a non leading ledger in Indian GAAP (FYV april to march).
BR
Gregory

Fixed Asset year-end Closing

Hi!
We are about to execute Fixed Asset Closing (trans code AJAB), which is a pre-requisite before closing FI. What FI closing is this? Is it the trans code S_ALR_87003642 (Open and Close Posting periods) or the F.16 (Balance Carry Forward)?
Also, FI-AA module allows two fiscal years being open. We are following the Fiscal Calendar period being Dec 2006 is our last month period for year 2006. We are now in new Fiscal Year 2007. Is this means that is it okey not to close Fiscal Year 2006?
Thanks for your inputs.
Roberto

Hi Robert,
AJAB closes the year in the sub-module and prevents postings with assets in it. Also, changes in the depreciation keys and useful lives of the asset doesn't touch posted depreciation in closed year. You have to close the year in the sub-module (AA) before closing it in FI.
You have to close the FI periods in S_ALR_87003642 separately for asset accounts (type A). However, if you close with AJAB, you cannot update asset accounts for closed year as you cannot post with any asset in it.
Transaction code AJRW in AA is analogous to F.16 in FI.
Yes, you may not close 2006 yet as the current year is 2007. But you have to close 2005 already, if you have not done it yet.
Regards, Lyubomir

Year End Close Fiscal year/Asset End Closing

Dear FI Experts,
User ran t.code F.16 fiscal year balance carry forward, before running AJAB for Year End asset accounting. Per my knowledge SAp requires to do AJAB prior of closing assets. Do I have to reverse fiscal year balance carry forward and go in order?
Thank You for your comments

Yes frank,
GL closing should be carried only after all the sub ledgers are closed
for asset closing
you should open the new fiscal year first (AJRW) and then close the existing fiscal year. (AJAB)
otherwise FI-AA and Fi-GL may not reconcile (use tcode ABST2 to check this)
Regards
Sach!n
Edited by: Sachin Bhutani on Jan 30, 2010 3:32 AM

Month end closing in fixed assets

i am doing first time Month End Closing in Fixed Assets. I need step by step documentation.Thanks
Shanker

Hi,
The steps are.
1. Post depreciation for the last period.
2. Open next Asset fiscal year by running AJRW. This is also called soft close of previous period. Without this no report of assets will work.
3. Reconclie the balances with GL account. Run Tcode ABST2.
4. Check your slef whether all the balances that are carried forward are fcorrect or not.
5. Once you have finally done the above steps, use T code AJAB to close the last fiscal year.
Please note that at any given point of time you can open only 2 asset fiscal years only.
These are th esteps that are needed for asset closing.
reward points if useful.
Sarma

Not able to close asset fiscal yearar

Hi,
Not able to close fiscal year in asset accounting for multiple company codes.
In OAAQ asset closed year is 2010 at company code level but in OAAR for depreciation areas there are different closed fiscal years for the same company code.
For depreciation areas 01 & 15 asset closed year is 2010 (matches with OAAQ) but for other depreciation areas 12, 16, 20, 31, 40 closed fiscal year is 2012.
I am unable to change fiscal year to 2011 for depreciation areas 12, 16, 20, 30, 31 & 40 and unable to close fiscal year 2011 via AJAB.
Do we have to update table T093B to change closed fiscal year for each depreciation area manually or any sap note available for the same.
Regards,
Durgasankar

Hi All,
Thanks for your valuable inputs.
1) When i am executing AFAB i am getting error that fiscal year 2011 to be close first.
2) When i am executing AJAB for fiscal year 2011 i am getting error that 2011 already closed for depreciation area 15 whereas for depreciation area 01 closed fiscal year is 2010.
I have applied the corrections of note 646691 and issue got solved.
Regards,
Durgasankar

Carry forward AR spl and asset error

when I use year end balance carry forward for AP/AR, it pops the message saying company code still in year 2010, do we need to do vendor/customer open item clearing and finish the dec month closing, then we can use f07 to carry forward and no such warning message will apear? which report I should compare so I can make sure F07 the figure is correct and is really carried forward to new year? can we run( actual run )for f07 several times? is there any accounting doc posted?
in asset closing, we have run depreciation run for dec, can we run ajrw before ajab?
in special ledger carry forward, we found the error: KR23 820000 record not carried forward since no account defined-->check account, but we don't have fs00 record for 820000, this is not gl account, how can we check? how to make sure balance sheet account and retained earning account carried forward is correct figure, for example, I chose company code KR23 in the selction screen of gvtr, but the retained earning account shows both company code KR01 and KR25, thus my reained earning account transaction currency for these company codes is 4mil, why system shows so many company code, I want only KR23, how to do? Thanks

Hi,
Generally, you will want to call these business rules from a BPC Data Manager package. Similar to how you call a script logic package. In fact, you'll have to use the DM package to call a basic script that then executes the program. See the instructions in the online help:
[http://help.sap.com/saphelp_bpc75_nw/helpdata/en/bpc_nw_index.htm]
Here is the code they describe to run the CarryForward Rule:
*RUN_PROGRAM COPYOPENING
CATEGORY = %C_CATEGORY_SET%
CURRENCY = %GROUPS_SET%
TID_RA = %TIME_SET%
*ENDRUN_PROGRAM

Steps for Financial Closing in SAP

Hello ,
I would like to know the steps to carry the financial closing in SAP , or may somebody have a manual to let me.
I would like to know also the steps for assets closing.
Some help would be very useful for me.
Thank you very much.

For now I will give you the guide on asset accounting closing. If I find the time later, I will add FI. For asset accounting, proceed as follows:
1. Tcode: AJRW ( Fiscal Year Change). Enter your company code and new fiscal year. For example 2009 + 1 = 2010
2. Tcode: AJAB close fiscal year. For example 2009.
Regards,
Elias

Assets History programm RABEST01

Hello,
I have migrated the assets, and I am trying to check the values. I get the message as no data selected. I think the selection parameters which I am giving is correct. The authorisation check su53 also does not give any authorisation failure. What may be the reason for this.

The selection parameters must be in a year that is open. Make sure your asset year is open and that have properly set up the assets into the year you are selecting by the asset closing process.
please assign points if helpful as a way to say thanks.

Turkey: year end close RFSUMB00 / fiscal year variant

Hello guys,
I am wondering if anyone of you have had this requirement before.
Running RFSUMB00 on a Turkish company code will blow away the balances from all G/L accounts so that each individual account has a balance of 0.
Questions:
1. How do you manage revenue accounts (cost element categories 11 and 12). A pure cost centre is not enough as CO account assignment. You can switch off error message KI 166 (so that no COPA documents are then created), but is this really wanted?
2. If each individual account has a balance of 0 at year end, how to create a B/S and P/L for that year? Especially, for previous years? The only thing that comes to my mind is using special periods (13 to 16), but.... -->
3. ...in our system, the FI fiscal year variant is not K4, but a custom variant. The fiscal year (of the group) does not end on 31st December. I have a small FI-SL application running in the background (with K4 assigned there), and I could change the FI-SL period to 13 during the document transfer easily, but I ask myself why I do not post all of these funny closing documents directly in FI-SL then? This would save me from the usage of dummy assets/customers/vendors and the continous changes made to the "automatic postings only" flag (SKB1-XINTB).
Turkey experts, any hints welcome. What are your best practices?
Thank you,
Csaba

Yes frank,
GL closing should be carried only after all the sub ledgers are closed
for asset closing
you should open the new fiscal year first (AJRW) and then close the existing fiscal year. (AJAB)
otherwise FI-AA and Fi-GL may not reconcile (use tcode ABST2 to check this)
Regards
Sach!n
Edited by: Sachin Bhutani on Jan 30, 2010 3:32 AM

Cross company codes CO area

Hi,
What are the pre-requisites to be taken care seriously for a setup where more than one company codes will be assigned to a single controlling area (business in europe and India). The assigned company codes will have different currency and different fiscal varinat. One company code in europe so it has Jan to dec month in fiscal year with 12 posting periods. Other one (Indian business) has Apr- march (next year) in fiscal year variant with 13 posting period.
Thanks
Dinabandhu

Hi
In addition to the points highlighted above, I would like to highlight a few points/gaps
1. Asset closing is linked to Leading Ledger only.. You wont be able to perform any closing for the parallel ledger
2. If you plan to do LTP, you will face challenges... At one time, you can do LTP for one company code only... OMIK settings dont allow multiple company codes as the option.. I have also raised a development request with SAP a couple of years ago for this
3. With regards to planning in CO module - If you choose single controlling area, One of your companies will have to adopt the planning period as per the other company i.e. Either the Indian company will have to adopt Jan-Dec as planning period OR the European company will have to adopt Apr-Mar...Because, Planning in CO happens purely at the controlling area level
4. Period control in CO is also at Controlling area level and not company code..
5. If controlling area currency and comp code currency is different, you face challenges in using IM module as well... I dont recollect this very strongly, as I faced this problem a long time back
My personal choice is to have a separate controlling area when your geographies are different and fiscal year is different...Though the new functionalities of New GL and Parallel ledger are popularized enough, but one needs to look at the flip side of the same as well
Having separare controlling area gives you the flexibility and I dont see any drawbacks of it... You can very well draw the reports together because all report painter/BW reports allow you to customize the reports as you wish
Regards
Ajay M

MIRO document still is in open status after F.13

Hi
In MIRO after F.13(Automatic GR/IR A/C Clearing) still MIRO Document is in opened.Please let me know the reason experts
regards
sachin

Hi Sachin,
Could you please clarify what you mean as open status? Are you looking at tcode FBL1n and the MIRO document is still open for payment?
When I run F.13 for my GR and IR GL accounts (GR/IR account special process) that just clears those IRs with the GRs that match. However this is just cleaning up the GL accounts - the main FI ledger, it does not clear AP's subledger for open invoices, which would be why it is still OPEN for payment.
If you are running F.13 to maybe clear a MIRO's invoice and credit memo against one another that would be under the "select vendors" and the reference field of the invoice and credit memo need to match in order for F.13 to automatically pick it up.
Have you tried running F.13, just for your MIRO's vendor in TEST RUN and you've selected all 3 Output Controls to view the log? Then you should be able to see if that MIRO has an offsetting document to clear against. In Test run, if there is an offsetting document, the two will be highlighted in green. Otherwise you may want to check the error log of F.13. Maybe one of the cost objects on the MIRO is locked (i.e. asset closed, cost center deactivated, grant closed).
Good luck,
Cindy

How to make reversal of Depreciation manully

Hi SAP Expert,
If we require to make manual; depreciation , we can do on ABMA and done but if somewhere require to make reversal of depreciation in case of where more depreciation charged and we trying to correct manually , how we can do .If we use ABMA for the same i.e reversal then which transaction we should use so we can reverse.
Thanks,
Dharmveer

Thanks a lot
Yaa, its related to previous fiscal year which also need to rectify this year..
Actually issue is that we have some asset where acquisition value and accumulated depreciation uploaded equally at time of implementation in begining which is related to first previous fiscal year and at the time of closing system giving error only for such assets because there must remain 5% salvage value , here its a case of equal acquisition & accumulated depreciation , net value is zero , n , system does not here 5% salvage valua as remaining and we closed last year , Balalce sheet already freezed apart from leaving this asset closing error , but this year we want to rectify o/w we can not close coming year.
As well , without changing balances , we want to to rectify this error for previous asset closing activity.
So we decided & also we tested in quality server , we try to upload in accumulated dereciation after remaimimg 5% , so we have to reduce the balances in accumulated depreciation column , our error removed , how much diiference we have , we adjust with other asset in its accumulated depreciation column then accumulated balances overall is OK , but for such asset having 5% remainging value , system does not carry depreciation but it calculated depreciation for that asset whose accumulated depreciation balances adjusted for PY to make equal the acc derp balances overall.
And whaever depreciation system makes adjusted asset , we want to reverse the depreciation manuallly with some asset by creating other asset n, transferiing balances , so that depreciation charged balance also be equal
I think its clear , overall balances we want to keep equal because of already previous B/S finalised.
Ultimately we mean to ask , how we pass reverse balance for depreciation , normal balance we tested , once we put some value in ABAM and run system pass normal depreciation entries what & how abount reversal ..
Thanks,
Dharmveer

Assets Closing

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