Calculation of depreciation for IT purpose

Hi guru
Presently we are in 6.0 version.Book dep is caculated as a normal process.Now my client wants to calculate dep. for IT in sap.What are the additional configuration setting required for doing that.
Thanks
Shivaji

Hi
Define a new depreciation area in Chart of depreciation
Define Depreciation keys
New depreciation in all exisitng assets AFBN
Thank You,

Similar Messages

  • Calculation of Depreciation for Tax for India

    Hi
    In India, there is a requirement that the Depreciation for Income Tax should be calculated based on the date of Acquisition. If an asset has been acquired before or on completion of 180 days of a Financial Year, than the calculation of Depreciation is allowed for full year. If the asset has been acquired after 180 days , depreciation is allowed only for 180 days. Hence for an asset acquired on 25/09/2009, system should allow calculation of depreciation from 01/04/2009, assuming that the fiscal year starts from 01/04/2009 and ends on 31/03/2009. However, if the asset is acquired on 07/10/2009, the system should allow depreciation from 01/10/2009. Sap has delivered standard depreciation keys for the same in reference chart of depreciation for India 0IN.
    But if the asset has been acquired on 01/10/2009, still the asset has to be depreciated from 01/04/2009, since the asset has been acquired for less than 180 days into the fiscal year. The system is working fine for asset capitalized on 25/09/2009 and 07/10/2009. But we are not able to map the same if asset is capitalized on 01/10/2009 and 02/10/2009. For these two dates, the depreciation should start from 01/04/2009.
    I have checked the period control setting and calender assignments and everything seems to be in place. How can we tackle the issue?
    Regards
    Sanil K Bhandari

    Hi
    The same has been resolved.I Created a new assignment in Period Control IT for my fiscal year variant. For month 10, i added a new line item with no of days as 2 in addition to no of days as 31 for month 10.
    Regards
    Sanil Bhandari

  • Calculation of Depreciation for Group Asset

    Hi Experts,
    I am getting a problem while doing depreciation for group asset
    Ex:  80,000;  Rate 10%
    total depreiaiton p.a is Rs 8000/-
    as per the Indian standards if it is below 180 days it should take Rs 4000/-, but in my system it is showing Rs 3333.33
    my depreciation start date & capitlization date is 01.11.2007.
    Regards,
    Satya Vani.

    Dear,
    Reshma.
    Looking at your Questions let us take explanation for Group Assets :-
    1 ) We need to create new different asset class for Group Class in OAOA. Then permit the depreciation area for only Group Asset in OAYM as it is in your current scenario India  is Depreciation Area 15 Just select your company code in OAYM and check the Grp Asset field for respective area 15. Then go to OAAX here we have to maintain the assets classes particularly for Group Assets. So check your Group Asset classes for Group Assets. Cerate different Group asset classes for your said requirement.
    In these depreciation areas, it is then possible to make an assignment to a group asset.  You make this assignment in the specifications for the depreciation area in the asset master record.  When you post an acquisition to this kind of asset, the system duplicates the line items from this depreciation area on the given group asset.
    2 ) According to me you have to create different depreciation keys for Group Asset classes. Assign the Depreciation keys to your newly created Group Asset Classes in OAYZ and make sure you are deactivating 01 area which is Book Depreciation area.
    3 ) As far as I know this is the only functionality available to handle Group Assets. How ever SAP does not have any standard Group Assets functionality. SAP does not supply asset classes to be used solely for group assets. It is we have to determine as per varying Business Process.
    I hope this will clear your doubt makes you to understand. Please revert back for further clarification. Welcome you.
    Regards,
    Pankaj A Bhalerao.
    Edited by: pankaj_ab on Feb 3, 2010 8:26 AM

  • Re-calculation of depreciation for closed FY

    I have changed the depreciation key to calculate depreciation to the day. The program AFAR allows one to re-calculate depreciation only for the currently open FY and not prior yrs.  I am happy for the re-calculated values to be posted to the currently open FY but the calculation needs to take into account the capitalisation date of the closed FY. I have reviewed the posts regarding this and cannot find the required solution.
    Thanks a lot
    Harold

    Hi
    1. Post an unplanned depreciation in the current year.. 
    2. After the unplanned dep is posted in current year, if you want to shift the impact to previous year,
    a. Pass a JV in F-02 using a P&L account and Balance sheet account
    b. Dr the balance sheet account and Cr the P&L account in Current year
    c. Dr the P&L account and Cr the balance sheet account in the Previous year
    BR,Ajay M

  • Calculated Re depreciation for an asset

    Hi,
    Please help me in solving the below issue,
    The unplanned depreciation was been charged in the month of December for the fiscal year 2010 and it has been reversed. I want to charge the depreciation once again for the same asset but it should not get effected in the FI.

    Hi Binoy
    From accounting point of view, if depreciation changed in sub ledge, fixed asset accounting, the changes shall be reflected in GL. What I am talking about is that we can control the changes effecting in previous year or current year due to whatever reason, e.g. previous year has been closed and audited etc.
    If you are in above situation, then you can choose re-open previous year 2010 and repost the unplanned depreciation or judge the depreciation in 2011 even it happened in 2010 by using T-cd:ABZU.
    Hope itu2019s helpful.
    Regards
    George

  • How to calculate the depreciation for an asset under repair for a month

    Hi,
    I have placed an asset (Laptop) into service 01.01.2013 and I have calculated the depreciation for the 1st period and in the second period 01.02.2013 the laptop is broken and which was sent to the service center and for that entire month no depreciation is calculated. I wanted to start the depreciation for the same asset on 01.03.2013.
    how to process for the depreciation for 3rd period and for the 2nd month what should be the activity of the asset?
    Please explain in detail.
    Thanks,
    Santhosh.

    Hi,
    If you do not want to post depreciation for an asset, then assign depreciation key 0000 for the asset.
    OR
    Use the asset shutdown option in field status group in time dependent tab.
    Regards
    Srinivas

  • Bonus Depreciation for subsequent acquisitions in 2010

    Hi all,
    We have done bonus depreciation for 2010 and 2011 aand its working fine but for one scenario.
    Assets acquired in 2009, had bonus depreciation calculated for 2009. But when there is subsequent acquisition in 2010, its not calculating bonus depreciation for the 2010 acquisitions. We are not using any sub asset concept but are adding to the original asset.
    Please let me know how to ptoceed ahead.
    Thanks a lot in advance,
    Sajan

    Hello Jay-R
    I have the same question the multi level method maintained as below
    My requirement is I need 50% reduction on the asset addition therefore for the year 2015 it should be 500 in reduction since there is 1000 addition to the asset. Please provide me your input on how I can achieve this.

  • Calculation of depreciation and interest for a particular asset class

    Hi,
    I have a problem with the calculation of depreciation and interest for a particular asset class. The assets are financial leases. The depreciation key defined is LEAS. The following are the attributes of this key:
    Dep/int             phase     base met dec-bal prd cont mult lvl chn ov
    Ord.depreciation     1     0011     001     006     001        5
    Ord.depreciation     2     0002     001     003     003
    Interest             1     0028     001     003     010
    An example of an asset is:
    Aquisition value: 1041552.71 (as migrated on 01.04.2007)
    Ordinary dep already posted: 56243.88
    Net book value: 985308.83
    Scrap Value:729086.90
    Useful life: 50 years
    Expired useful life: 9 years 1 month
    Remaining useful life: 40 years 11 months.
    Depreciation start date: 28.03.1998
    Interest calculation start date:30.03.1997
    Depreciation calculated by the system:6261.83
    Interest calculated in the year:15682.68
    I'm not able to undersatnd on what basis the system calculated the interest. I will be thankful if anyone can help me resolve this. An early reply will be greatly appreciated as I'm facing major problems due to this issue.

    Hi Mahesh,
    As per my analysis of the case the interest rates are as under
    Acq. Year                                                    Int.Percent
    9999     4          01     10.%
    9999     7          01     5.%
    9999     25          01     2.5%
    9999     999     12     01     2.5%
    As per this the Acquisition value less the Scrap Value Rs.312,465.00 @ 2.5% p.a will be Rs. 7811.64.
    Based on the above you analyse for which period interest is calculated.
    Hope it will help.
    Regards,
    Vijay

  • Asset Scrapping - Calculating Depreciation for entire year

    Hi guys
    We want to scrap an asset without revenue using ABAVN.
    Asset Details:
    The asset will be completely depreciated by the end of this year (December)
    We have smoothing indicator on.
    We wish to post the retirement and close out the asset balances in this month itself.
    (No depreciation should be pending for the remaining periods of the year)
    When we post the retirement transaction in test environment, it still shows the planned depreciation for the entire year.
    How do we avoid the planned depreciation posting for future periods ?
    Thanks!
    Gautam

    Perhaps, the following might be a solution that can be implemented safely in a production setup:
    Objective: To post retirement related depreciation in a single period without smoothing over the remaining periods.
    Solution:
    Perform standard depreciation posting run for current period
    Turn Smoothing Indicator Off
    Write Off Asset
    Run Repeat Depreciation Posting Run (select Repeat Posting Run instead of planned and also input the retired asset number)
    Turn Smoothing Indicator back on
    This should post the complete depreciation in the current period for the retired asset and smooth out the depreciation for all remaining assets

  • System not calculating depreciation for assets

    The system is not calculating any depreciation or even showing planned depreciation values under asset explorer.
    Problem is in QAS client checked configuration and all settings are fine and in test client all is fine system is calculating depreciation. Please help thank you

    Hi, check in AW01N in Posted values tab when last depr was posted and when next planed.
    May be acquisition was in the next period from period in which you're trying to post depr. Or may be the case in Period control method, I mean that depr'd  be calculated quarterly

  • Stop Depreciation for particular assets for a period Temporarly

    Hi Friends
    I Need to Run the depreciation for october, but my requirement is , i dont want depreciation to be calculated for few assets for this period october as these asses were transfered to other cost centers, i need to stop depreciation to be calculated in this depreciation run and run it latter for the same period.
    Is there a way to do this.
    Thanks in advance
    Javeed
    Moderator: Please, search SDN

    Hi....
    As per your issue
    1. Use shut down tick mark in the respective assets masters in AS02
    2. Block respective assets masters for temporary purpose
    3. And change the Depreciation keys to 0000
    Once run the depreciation for October and replace all the settings.
    I hope it will helps you.
    Regards
    vamsi

  • Reverse Asset Depreciation for Closed FY

    Hi Asset Gurus...
    Need your expert advice...on the following Asset issue....
    PROBLEM : We have done the Year end closing for FY 2009 for our assets in Jan 2010. But we have already reported out Balance sheet in Dec 2009 for FY 2009. Now, when we have closed the FY 2009 in Jan 2010, system postes some financial entries related to Depreciation difference between area 01 and area 02 on the balance sheet.
    Now the business thinks its not acceptable..as what we see in SAP for the BS 2009 contradicts what we have already reported to the authorities..
    So, we need to change this situation in SAP...i.e. correct these postings ( or infact cancel these postings that have happened due to this depreciation difference between area 01 and area 02 in the Fy 2009 ) so that the BS 2009 shown in SAP would match what we have reported.
    Now the real problem is that : THE ASSET FISCAL YEAR IS ALREADY CLOSED AND ALSO WE CANNOT MANUALLY POST ANY FI ENTRIES FOR THESE DEPRECIATION DIFFERENCE GL ACCOUNTS AS THEY CAN BE POSTED ONLY INTERNALLY.
    SOLUTION THOUGH OF : Now, We see that probable solution would be re run the Depreciation for FY 2009 again by opening period 12 2009 so that the depreciation differences calculated wrongly would be gone.( But is this kind of suggested or acceptable ).
    In the Other case, should we do an ASSET WRITE UP OR TRANSFER POSTINGS to negate the postings that have already happened.
    One more thing..I want to clarify is that : THE REASON THE DEPRECIATION DIFFERENCES OCCURRED BETWEEN AREA 01 and AREA 02 is because both of them had a different depreciation key in FY 2009( somehow they had diff. dep keys which was wrong as told to us by the business and they discoverd this situation in 2010 ). So, we corrected the Dep keys for the two areas in FY 2010 ....But for the FY 2009 , when we closed the FY 2009, the depreciation differences already got posted in the Balance Sheet.
    REAL PROBLEM IS THAT WE WERE ABLE TO CORRECT THE DEPRECIAITION KEYS IN THE ASSETS, but WE WANT TO CORRECT THE WRONG POSTINGS THAT HAVE TAKEN PLACE IN FY 2009 ( i mean the Financial postings that took place.. the GL accounts that got posted are Acc. depreciation difference account and dep. difference account ).
    We also cannot manually reverse this FI entry , as these postings happeend automatically..
    So i see..probable solution is reopen the FY 2009 and carry out a repeat dep run ??
    Or do a ASSET WRITE UP OR TRANSFER POSTNGS FOR THESE GL ACCCOUNTS?
    I am not an expert myself but seek the guidance of the experts here to resolve our issue..
    In case, you need any more clarification on this problem..I will let you know the same...
    Waiting for your feedback on the same..
    Thanks,
    Kris.....

    There is no issue with FY 2010 as we have changed the Dep. Key in 2010.
    The issue is with only FY 2009 which is now closed.
    But the transaction ABF1 as you have mentioned cannot be used in this case, as when we try to post to these GL accounts, it gives us the message that they can only be posted automatically by the system ( which i think is true as these postings occur only after the dep. run ).
    Is there any other tcode through which we can correct the wrong dep. values that were posted in FY 2009.
    Thanks,
    Kris...

  • Tax depreciation for vehicles from limited value in Poland

    Hi,
    for a polish company I have to define the depreciation for cars. In Poland is for vehicles  the start value for calculation of the tax depreciation lower then the acquisition value of depreciation area "book depreciation". The tax value is limited.
    The sample chart of depreciation for Poland is defined:
    01 Book depreciation
    02 Depreciation on tax limited value (cars)
    03 Non-deductible tax depreciation (cars)
    In rules for takeover was defined that depreciaition area 02 adoped the values of depreciation area 01.
    Depreciation area 03 is not a real depreciation area it is defined: 01 Book deprecition - 02 Depreciation on tax limited value (cars).
    I don't know the legally rule how to define the limitec tax value.
    My question is, how can I define the calculation of tax depreciation from a limited value?
    Thank you!
    Best regards
    Hubert

    Hi,
    this is not the aswere of my question.
    E.g. I have a care with acquisition of 25.000,-. The start value for calculation in depreciation area 01 is 25.000,-.
    The start value for calculation in depreciaiton area 02 is 20.000,-.. The tax limited value is 20.000,-.
    How can I define the system to calculate in deprecition area 02 with limited tax value 20.000,-?
    Thank you!
    Best regards
    Hubert

  • Calculation of Depreciation on Sub Number.

    Hi,
    Pl. provide your valuable remarks for the below 2 points.
    1. What is sub number? In which cases we should use this.
    2. In cases of heavy repairs & maintenance of assets, when amount will be capitalized, whether it will be treated as a separate asset or sub number.
    As I have tried, the Sub-Asset calculate depreciation from the date of capitalisation of Main Asset rather than calculating the depreciation from the date when it is actualy capitalised because thereis no option to change the any field in Depreciation Area when creating Asset Sub-No. vide T-Code AS11.
    Thanks
    Deb

    Hi,
    Go to below path
    SPRO->IMG->FA->AA->MASTER DATA->SCREEN LAYOUT->Define Screen Layout for Asset Master Data
    Choose Define Screen Layout for Asset Master Data
    Select your screen layout rule, which is assigned to your asset's asset class.
    Double click on ligical field groups, and then select 2 Posting information and double click on field group rules
    There for field group 10. capitalisation date deselect check box for mn no and select check boxes for SbNo and Copy.
    SAVE
    And now go to transaction AO21 and select screen layout 1000 and double click on field group rules and there for FG 03 (ord dep start date)  deselect check box for mn no and select check boxes for SbNo and Copy.
    This will resolve your issue.
    Thanks,
    Srinu

  • Calculation of Depreciation based on Remianing Useful Life

    Hi
    I have a scenario in which depreciation percentage should be derived based on remaining useful life and it should remain same through out the remaining useful life.
    For eg,
    Take over date = 30.11.2010
    Acquisition Date= 01.04.2009
    Acquisition Amount = INR 200000
    Depreciation Till 30.11.2010 = 70000 INR
    Net Book Value as of 30.11.2010 = INR 130000
    Total Useful Life = 4 Years or 48 months
    Expired Useful Life = 1 year 9 months or 21 months
    Remaining useful life = 27 months
    Required Depreciation Per Month = 130000/27=4815
    Derived Percentage = 4815/130000*100=3.71%
    I have created a Base Method for calculation for Depreciation with Depreciation Method as "% from Remaining Life calculated from Depreciation Conversion Date". In Multilevel methods, I have assigned the Base Method as 24, Net Book Value
    and maintained the check box for Remaining useful life.
    However, the system is not calculating the  rate as expected.
    Regards
    Sanil Bhandari

    Hi Sanil
    Have you done any settings in OAYF - recalculate dep for previous years (IMG> AA > Asset Data Transfer > Parameters for Data Transfer > Options)
    For current year, it always does produce some difference due to rounding off, which should not be a big amount
    Ajay M

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