Associating a certain "useful life" for each "Asset Class" ?
Hi All
Could anyone tell me how to associate a certain "useful life" for each "Asset Class" ?
Which's customizing navigation?
Thanks
Gandalf
Hi Try this..
If you go to IMG (Transaction SPRO) :-
-> Financial Accounting
-> Asset Accounting
-> Master Data
-> Screen Layout
-> Define Screen Layout for Asset Depreciation Areas
-> ScrnLayout XXXX
-> Field group rules
Here, you will find whether column 'Class' is activated -> it should be activated
Hope it helps
Zub
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Asset which is under Asset Class Support system-B700. Here every thing is ok but the problem in USE FULL LIFE which is come by default. It must be 4 instead of 5. So can any body help me out from this how to change the Useful life in that Asset class. In that Asset Class we have the morethan 200 Assets. It was happend in Prdocution system so now the problem is where i can change the useful life for the asset class either in DEV or PRD.
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Tcode for Useful life of the asset
Hi Gurus,
Is there any standard report or Tcode to know the "Useful life of the Assets" ?
MadhuHi
Please check table ANLB
Thanks & Regards
Phaneendra -
Wrong depreciation calcualtion when we change useful life of an asset
Hi,
We change the useful life of an asset during the middle of the year. The deprecaiton calculation is not effecting correctly for the remaining useful life of an asset.
We are using stright line method of depreciaion. I will appreciate if any post some tips what is wrong .
Example:
Current State:
Acquisition value: 300,000
Acquisition date: 1/1/08
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NBV 12/31/08: 200,000
NBV 6/30/09: 150,000
New life: 2 years, starting 7/1/2009
Current methodology:
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Monthly Depreciation expense between 8/31/09-12/31/09: $16,667 / month
Future State:
Requested methodology:
NBV at 6/30/09 divided by remaining life as of the date of the change: (150,000/6mos) $25,000
Can any one explain what is the issueHi,
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Dear Friends,
Is there any standard report which gives the following information --
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Can any one please suggest.
Regards
KVKRHi
There is no report with usefullife , either you can go with query or you can extract Asset standard report where you will find most of the details you mentioned and for usefullife please use table ANLB and extract data from this table for useful life. You may copy your asset nos extracted by the above standard Asset report and paste that in the asset field of table ANLB.
Now you can insert the useful life in your main report.
cheers
Mukta -
Correcting useful life of an asset in previous year
Hi, We have implemented SAP last year in April at one of our sites. At the time of initial upload of assets, we made a mistake and some of the assets were uploaded with incorrect useful life. Till date every month we were running depreciation based on incorrect useful life. F.Year was closed in Dec 2005. Now auditors have detected this mistake. How do we fix this? Any suggestions...
hi sourabh
u can reset the closed fiscal year through "Asset acountingperiod end closingreverse" using this function u can reopen the fiscal yera either for selected depriciation areas or for all dep.Be careful you should reopen a fiscal year only for certain depreciation areaas, and do adjustment postings in those only. u cannot use standard transaction types post to all depriciation areas. u have to define ur own transaction types.
Change the field in asset master in last closed fiscal year. And start the depriciation program run in repeat run mode -
Depriciation key and useful life periods in asset master should in display mode only
Hi all
At the time of creation asset master AS01 we are given the Asset class, company code and similar of asset (1) then we click enter button we will get Create asset: master data screen here in general tab we enter the description and in time dependent tab we enter cost center manually
But
When we click on Depreciation tab here the Depreciation key and use life fields are automatically come with Dep.key(ABC) and use life(15) (Because we maintained in OAYZ)
Here user have a chance to change the Dep.key(ABC) and use life(15).so my requirement is these two fields are display with only display mode .
User don’t have chance to modify this.Hi Anil,
The screen layout for Asset and its depreciation tab are different. You have to make these fields as Display only in the screen layout. This can be done using T-Code AO21. Below are the screenshots for the path and screen layout for your reference. This should solve your issue
Regards
Pankaj Pareek -
Changing useful life of an asset
Hi All,
Client wants to change the asset's useful life from 4 years to 3 years. Also previous depreciations should not get affected due to this. The new recalculated value of the asset should be spread over the remaining useful life and depreciation amount should also be recalculated accordingly. Do we have such functionality in SAP version ECC4.6?? or we need to post the depreciation manually going forward?? I have tried smoothing method but this is also not helping me out.
Please advice if we can do something in it.
Many Thanks,
ParulHello Parul
Sorry but this functionality is only available as of release 6.0 if you have the
new depreciation engine activated. Note 965032 will provide you more details. In
particular section 4. c) Managing time-dependent depreciation parameters:
With the new depreciation calculation, you now have the option to
change depreciation terms during the fiscal year. This means that
the changed parameters are included in the calculation always
from the period for which the period is also valid.
The following depreciation terms can be maintained time-dependently on the fixed asset:
- Depreciation Keys
- Useful life
- scrap value/scrap value percentage rate
- variable depreciation portion
Regards
Javier -
Change the useful life of an asset
Hi everyone,
I'm using Oracle 11i Asset module. currently I have an asset whose useful life is 4 years. But we realise that this asset can only last for 3.5 years (3 years and 6 months).
I tried to go into the Book of this asset and changed the life to 3.5 years. The system allows me to change the life year from 4 to 3 years but when want to change the life months from 0 to 6 months, the system doesn't allow.
Can anyone of you help me?
Thanks in advancePlease check the Depreciation method setup.
(Navigation: Setup-->Depreciation-->Methods)
There should be an entry for life in years=3 and life in months=6 for that depreciation method.
If it is not there, then system will not allow you to change the asset life.
You need to make an entry in the depreciation methods screen (Navigation: Setup-->Depreciation-->Methods) before trying to change the asset life.
Let me know if this helps.
Thanks,
Siva. -
Problem in useful life of the asset?
Hi,
I don't know what and where it is going wrong so need your suggestion please:
We have created one new asset class and trying to check dep. in testing server but system is calculated dep. with useful life as 10 years only for all the assets I have created.
In OAYZ, I have just given the dep. key and the fields of useful life and period is blank for all the dep. areas. Also, tried with useful life 5 but result is same.
In Asset Master, I have mentioned the useful life as 5 years for all the dep. area.
The problem is system is system is showing the values based on useful life of 10 years, why I don't know what shall I do please suggest....
I have checked it by creating some of other assets as well with different useful lives but the result is same.
Please help!!!
Thanks in advance....
Regards
NitinHi Nitin,
If the depreciation is based on 10 years even if you have entered useful life 5 years then it means depreciation key is not configured as dep based on useful life.
It seems depreciation is based on explicit percentage which must be 10% in your case.
Check what dep key is assigned in Asset master and go to T code AFAMA, AFAMS for depreciation key settings.
If you still have doubts of how to go about it then attach screenshots of AFAMA,AFAMS.
Hope it solves.
Regards,
GSR
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