Changing Depreciation Key for Tax for closed fiscal years -

Hello,
Hoping someone can help me with this question - Is it possible to change the depreciation key for closed fiscal years - we need to change it for Tax - books. And if yes - does it mean we need to open closed fiscal years ??
Thank you,
Richa

Hi,
you will need to open the FI and AA periods. After changing the depreciation keys do the necessary dep run and close the books in the correct sequence.There should not be problem.

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Change in Specify Transfer Date/Last Closed Fiscal Year in Asset Accounting

Hi,
While uploading the asset master data and values,I have given the Specify Transfer Date/Last Closed Fiscal Year date as 31-12-2008.But as per the fiscal year 4-4-5,2008 closed on 03-01-2009.
what are the consequences,If we change the Specify Transfer Date/Last Closed Fiscal Year date from 31-12-2008 to 03-01-2009 as the 2008 closed on 03-01-2009.
Kindly give me some inputs regarding this change.
Thanks
Supriya

Hi
Please note
I you change the transfer date to current FY date , system will not allow u to upload data in PY.
See the below
Transfer Date
This date determines the status of posting to be used for the
transfer (posting up to this date will be included in the transfer), not
the actual date the data transfer is carried out. This specification
also determines whether you want to perform the transfer during the
fiscal year (with transfer of posted transactions/depreciation in the
current fiscal year) or at the end of the fiscal year (without
transactions).
If the transfer date is not the last day of the fiscal year (according
to the fiscal year variant in FI), the system interprets this as
transfer during the fiscal year. The system cannot transfer any
historical transactions. It can only transfer cumulative values from the
end of the last fiscal year, and the transactions in the current fiscal
year (the second is only possible for transfer during the fiscal year).
Example
transfer date = December 31, 1997
=> last closed fiscal year = 1997
Specify Last Period Posted in Prv.System (Transf.During FY)
    You must specify the period up to which depreciation was posted in the previous
    system. This period refers to the posted depreciation that is to be
    transferred during old assets data takeover.
Thanks
GG

After 2 years want to change depreciation key for a asset

Hi,
For a particular asset we want to change depreciation key for this asset already we have posted depreciation for 2 years. After 2 years user realizes they are using wrong depreciation key now they want to change depreciation key for a particular asset. In new financial year till now they have not posted depreciation .I just want to now what is the impact of this changes how we will adjust the value in future because previously they are calculating depreciation 1.63% now they want to calculate depreciation 3.33 % can any one tell me about the future impact of asset.
How we will adjust the value?
Thanks and Regards,
Neha

Hi,
Does your user wants to post the depreciation for closed Fiscal years?
If yes First calculate unplanned depreciation for the difference up to the last closed fiscal year and post in the current year.
Now after posting this then change the depreciation key in the asset master and in the next run the system identifies the difference between posted value with the old Key and teh correct key and adjusts the difference in the current period depreciation run.
If the user don't want to post the values of the previous years, change the key in asset master so that the difference in the depreciation from the start of the fiscal year is adjusted in the current period.
Future impact if the option is second the asset life will be more when compared to the actual life. In first case there is no effect.
Provide Business with these two solutions and they have to choose between the options.
Reward points if useful.
Sarma

Depreciation Run for closed fiscal year

Hi All,
We bought some assets on 2005 through direct purchase and these assets are in under operation, but not having the asset master record in the SAP system.
Now we have decided to bring these assets into the system as the capitalised date is 10 Nov 2005 and for this purpose, we had created the asset master record and applied the t.code: ABNAN to post the values to these assets.
<b>"My concern is about how to provide the depreciation run to these assets for the closed fiscal year from 2005 to until Nov 2007.The present closed period in the production system is 2006".</b>
I request you to all kindly give your values on the above mentioned issue.
Thanks with regards,
Ran

Hi
Just give the dep start date as 10 Nov 2005 and run the dep for the current posting period the depreciation will get posted for the year 2005 and upto the current period,in the current posting period.
As the past reriods are all closed you cannot post dep in the year 2005.
You will have the whole dep for that particular asset posted in the current posting period.
Hope this helps
Good Luck
Hari

Asset depreciation in a closed fiscal year

Hello,
After closing fiscal year 2010 we noticed that asset "A" start depreciation date was incorrectly set to December, 15.
Now we have corrected this date to December, 1. SAP have re-calculated the depreciation so we have aditional USD 600 planned for December. (we have UDS 600 posted + USD 600 planned).
Is there anyway to force those USD 600 to be posted on the new fiscal year 2011?
Is there any other way to arrange our depreciation issue withhoul opening 2010 for posting?
Thank you in beforehand.
Juanma.

Hi
I believe, OAYF is relevant for recalculating asset accum dep during Legacy data transfer.... I dont know if it would help in this case
If you have not done the FY 2010 closing, system wont allow you to close till the time all planned depreciations are posted...
Refer note 619969... You can run AFAB for Period 13 and post the dep in Period 12.... After that, do a balance carry forward
However, if you dont wanna post in 2010 any more, then dont change the Dep Start date.... Let it remain as Dec 15.... You can post Unplanned dep for Jan 2011 using ABAA - Followed by AFAB (Unplanned option)
Br, Ajay M

Without run depreciation they have closed fiscal years

Hi all
In my development system without Depreciation Run they have closed fical years.
They did not run depreciation from 2003 and 02 period.
present fiscal year is 2007.
How can go back and how can i run depreciation from 2003. Please tell me clearly.
It is very urgent.
Thanks in advance.
Krishna

Hi,
as far i know,
you cannot close fiscal year without running depreciation until period 12.
you said that your present fiscal year is 2007? is it FI Fiscal Year or Asset Fiscal Year?
If 2007 is FI fiscal year and your Asset fiscal year is 2003 then you want to run the depreciation for 2003, You must open FI fiscal year for 2003 until 2007. Use t-code : OB52 to open FI fiscal year.
You can check the last closed fiscal year for ASSET in t-code : OAAQ.
Hope it can help.

BAPI for return/supplement the funds for both overall and fiscal year.

I have a development requirement for following and I am new to Investment ,management and Project
Systems functionality.
Your help will be appreciated
The new transaction will use the upload data to create returns and/or supplements to Marketing budgets. The following is what the transaction will do per request:
     Verify funds are available to shift. The program will do this by creating an error log for items that do not meet this criteria. The program will process all line items that have available funds (IM52).
Q pls let me know what BAPi/FM to use to verify whether funds are vailable or not
     Return the funds for both overall and fiscal year (IM52).
Q Pls tell me BAPI for same
     Supplement the funds for bother overall and fiscal year (IM52).
Q BAPI for same
     Deactivate the availability control for the WBSEs affected (CJBW).
Q How to do that and BAPI/FM for same
     Activate the availability control for the WBSEs affected (CJBV).
Q How to do that and BAPI/FM for same
     Add appropriate text from the data in the upload spreadsheet (this may be a concatenation of data from the columns in the upload) (IM52).
       Not clear what user is trying to say
     The transaction needs to be able to handle whole dollars as well as numbers that might include up to two decimals: e.g. .01 (IM52).

I am answering my own question since i completed the above development by using the FM KBPV_POST_DATA .
It will post to all the BP tables and is tested successfully.

Planned dep in closed fiscal year

Hi
We have done a change(reduced the useful life) in the useful life of the asset in the Fiscal year 2009 in the month of June,which impacted the previous year depreciation amount.The planned dep value got increased in december 2008 .In the posted value tab in asset explorer for year 2008 it displays the planned dep in dec 2008 which is not yet posted.We donot need this depreciation to be posted.We need to delete the planned dep.Financial year and Asset year till 2009 are closed.
Please advice how to get the planned dep line removed from year 2008 which effects the net book value.

Hi,
Are you absolutely sure the changes were made when the fiscal year was closed. Maybe you need to also check if the depreciation area(s) affected was/were open at the time (OAAR). It should not be possible: if the fiscal year and all depreciation areas are closed, changing the useful life should not affect these closed years/depr.areas.
Changes to depreciation conditions (e.g.useful life, dep.key) only affect the planned depreciation in open fiscal years. There is no specific transaction.
The adjustment for the depreciation of the closed fiscal year will be reflected in an adjustment posting in the next period due for depreciation posting in a catch-up posting (or smoothing if indicated). For the open fiscal years the newly calculated depreciation will be distributed equally over the remaining useful life.
Therefore it sound to me very peculiar that planned depreciation should have been created in your closed fiscal year due to a change of useful life. Please review your change documents to ensure depreciation areas and fiscal years were closed at time of change u2013 and have not been reopened either via OAAR or OAAQ.
To answer your last question regarding if change of useful life will affect deprecation in 2010: provided that it is the only open fiscal year and is in fact the current fiscal year, then yes, it will affect the planned depreciation in 2010 and in the remaining useful life.
Kind regards,
Brigitte

Closed fiscal year

Hi,
Could someone advice me on this situation?
I have created new company code by copying old company code. I have setup the configuration for GL, AP, AR, CO and AA. Then I have tested the standard transaction including asset depreciation run in QA system.
Client gave me the error when they are trying to test asset transfer (AS91). The error belong to last closed fiscal year.
My question are:
1. Can I change take over date to early year as 2005? Actually closed year is 2007 (copying from old company code)
2. Is there any effect to depreciation of asset?
Please advise and point will be reward for helpful answer.
Thanks and Best Regards,
Bird

Ideally asset takeover date must be in the last closed fiscal year. If you give a date in 2005 as Takeover Date system expectes depreciation postings in 2006 and 2007.

Transfer on last day allowed only in closed fiscal year

Hi Guru,
Client kept asset transfer date as 31/10/2010 first, uploaded some asset on this date, due to some reason asset uploading was not completed for all the asset. so all the asset value which was uploaded on 31/10/2010 was done as zero.
Client took decision to upload all the asset on last day of FY 10-11 i.e 31-03-2011. transfer date was changed as 31-03.2011 and moved up to quality, unfortunatly rquest was not moved to PRD and while uploading to PRD again 25 asset got uploade by transfer date as 31/10/2010, when realized transport req of change transfer date is moved to PRD and abt 50000 asset of total 70000 asset got uploaded.F.Y 2010 was closed while uploading this assets
Year 2010 was again open for posting of cj88 transaction.
When we are uploading balance assets in the system getting error message Transfer on last day allowed only in closed fiscal year
When tried to close FY 2010, system is giving message ' Depreciation not posted completly' for 25 assets.
i tried to do value as zero for these asset through as92 but system agiain giving message Transfer on last day allowed only in closed fiscal year
so situation is we are not able to close FY 2010 and thus assets are not getting uploaded. if we run depreciation for said 25 assets for year 2010 it is not proper because actual transfer date is 31.03.2011
Please Help
Regards,
Shekhar

hi,
go to customizing and under asset data transfer - parameters for data transfer - date specifications - specify transfer date/last closed FY--- you need to place the last day of the period where you have last run depreciation for the legacy system and make sure that I am assuming at this stage will be the previous period or this period.
rgds,
jay

Asset Report to check periods in Closed Fiscal Year

Hi Gurus,
Would want to check what other standard SAP t-codes that could be used to check the periods for the closed Fiscal year in asset reporting? i.e. FY 2008 closed, would need to check asset balances, NBV, etc for period 7, system prompts an error and could only execute for period 12.
Appreciate feedback
Many thanks
eddie lim

Hi
If you are using the report S_ALR_87011963, following is the limitation for it.
You cannot run a report for any day you choose within a period. The
following restrictions apply to the report date:
o   If the report date is in the past, or in the current fiscal year:
     You can use the end of a fiscal year or the end of any period as the
     report date. If the fiscal year is already closed, you can only use
     the end of the fiscal year as the date.
o   If the report date is in a future fiscal year:
     The system always uses the last day of the fiscal year as the report
     date.
o   If the report date is the first day of a fiscal year:
     To ensure that the values for the beginning of the fiscal year are
     same as those for the end of the previous fiscal year, the
     system runs reports with the report date 1/1/YYYY for the date
     12/31/YYYY-1 (the same applies for a non-calendar fiscal year).
If you want to run report for forcating depreciation and NBV, use TCOD - S_ALR_87012026
Thanks
GG

There are no depreciation areas to post to in fiscal year 2008

Hi,
Iam facing a problem during Depreciation run in t-code AFAB.
here are no depreciation areas to post
   There are no depreciation areas to post to in fiscal year 2008
    Message no. AA695
Diagnosis
    You have requested a depreciation posting run for fiscal year 2008.
    The program has determined that depreciation areas are still open for
    this fiscal year, but according to their configuration, these areas do
    not post depreciation.
Procedure
    Please check your entries.

Hi
Check the settings in OADB for the depreciation areas
Thank You,

Posting in Asset Accounting in closed fiscal year

Hi
We are in the fiscal year 2009 and my client wants to open the closed fiscal year 2008 in both Asset accounting and Finance.
Point 1 : The requirement is they want to post some correction entries in April 2008 -Let me know what needs to be done in terms of depreciation posting etc to do a 2008 yearend again.
Point 2 : Any specific steps to do a full year end in 2008 now to balance Asset Accounting and Financial .And to carry forward balances as to where we are now in period 10.
Please advice.

Hi,
if you open 2008 and post, you have to process the full fiscal year end close procedure. AFAB, ASKB, the whole story.
You don´t have to worry about the carry forward, this will be done automatically by the system.
Regards,
Markus

After AFAB, I've changed depreciation key for an asset from 20% to 0%

Hi All,
I've posted depreciation (AFAB) for periods from 01 to 04 (Depreciation Area 20).
Later I've changed the depreciation key for an asset from 20% to 0%.
In my test SAP allows me to update depreciation data only in the period 05 (for previous data).
Is there the way to repete the depreciation posted in the periods from 01 to 04!
Cluo d anyone help me??
Thanks

Rossi,
Since you have already posted the depreciation for the periods 01 to 04, the system assumes that there are no postings pending for those periods and hence shows the recalculated depreciation in period 05. But you can do the repeat depreciation run using AFAB transaction code. You can try them for period 04 and the entire depreciation posted till 04 will get charged in Period 04 itself.
Regards,
Vinod

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

Changing Depreciation Key for Tax for closed fiscal years -

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