Changing useful life of assets during asset to asset transfer
Hi All,
We need to transfer some assets to new assets changing its useful life. Below is my scenario.
Old Asset "A" has an useful life of 5 years and depreciation start date is 01.01.2006. Where this asset would be fully depreciated by the end of year 2011. The depreciation runs have been completed for November 2009.
Before using transaction ABUMN, I created a new asset "B" in a different asset class with the exact details of the old asset ONLY changing the useful life to 3 Years. (even the dep start date is 01.01.2006 - same as the old asset)
In Tcode ABUMN, I entered the old asset, doc date as 30.11.2009, posting date as 30.11.2009 and asset value date as 30.11.2009. Transfer variant 4 is been used in this case. The transaction went through successfully. The main idea behind this process was to depreciate the entire new asset "B" by the end of 2009, which should be the case as if 01.01.2006 is the dep start date with useful life of 3 years.
But this is not happenning. The entire depreciation is not been shown under plannned values for DEC 2009. Only a small value is shown. I need this asset to be fully depreciated by 31.12.2009 in variably absorbing the enire balance depreciation for the month of Dec 2009.
Please help me resolve this asap or please suggest me a different way of doing this if I am not doing it the right way.
Thanks & Regards,
Maleeq
Hi Kishore,
I need to change the asset class as well and thats why I need to to do the asset to asset transfer.
Thanks,
Maleeq
Similar Messages
-
Error while changing useful life
Hi,
I was trying to change the Dep Key to 0000(No depreciation) with useful life of 39. I tried changing the useful life to 1 and 0 and I still could not make the change, I got the red message "Useful life exceeds allowable value". This assets have land lease.
Thank You,
MarkHi,
I have checked and their is a Z_lease table which has notice date specified to it. If I change notice date, then I am able to change master data. Now my question is do we need this lease table ? cause this is tied to asset default usefull life during implementation phase. At least tax books should not be tied to this lease table. Is their a process to tie/untie this table?
Thank You,
Mark -
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
Useful life: 3 years
NBV 12/31/08: 200,000
NBV 6/30/09: 150,000
New life: 2 years, starting 7/1/2009
Current methodology:
NBV at 12/31/08 divided by new remaining life as of the beginning of the year (2009) $200,000 / 12 months = $16,667
Depreciation expense in 7/31/09: $66,669 ([16,667 * 7 months = 116,669] minus depreciation at old method booked for first 6 months of 2009 [200,000/24 = 8,333 * 6 = $50,000]). $116,669 u2013 50,000 = $66,669
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,
By default, any change in depreciation parameters will recalculate depreciation from the beginning. If you want to change depreciation terms on different phases, you may need to introduce a depreciation key which changes percentage in multi-level method.
Best Regards,
Madhu -
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 -
Changing useful life an asset and its impacts
Hi Gurus,
if we change the useful life of an asset, what are the steps do we follow ? do we need to post the write up first and then change the useful life ? can you detailed the steps and impacts on this change with exapmles.. pl
Venkat Rajesh KumarHello 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 -
Useful life is asking mandatory field in asset master data
while asset master creation useful life is asking mandatory field in dep.key : ZSLU. actually i have to give "ZERO" in useful life field. i have set screen layout in AO21 also.again asking mandatory field. I got the one point, I think this is the problem,
Note: Base method 0011 (Ordinary: percentage from useful life) already assigned in dep. Key ZSLU. If we assigned in dep. key ZSLU, we should give positive values for useful life in asset master data.
I changed base method 0002 instead of 0011, it was accepted, If i change base method(0011),
i want base method instead of 0011?
which base method i have to give? please give suggestion?
Thanks
induHi ,
i have changed optional field also. it's asking mandatory, i have tested base method 0002 instead of 0011. if i give 0002 or other base method, it is accepting.
Note: if we mention base method 0011, we must give passitive values in useful life.
what i have to do? please tell me? -
Dear Experts,
I have a requirement in one of my client, We need to extend the useful life of asset in mid of an asset fiscal year and the depreciation which was posted in the previous should not be changed.
Requirement:
Useful life of asset is to be extended after completing depreciation for 4 years and in-between the current asset fiscal year. Provided the present asset value has to be taken as the new book value of the asset and the depreciation posted henceforth to be posted based on the new asset value till the remaining useful life.
Previously posted depreciation should be unchanged.
Analysis:
1. The fiscal Year followed - October to September.
2. The useful life of asset will be changed, and the depreciated value posted till 31/mar 2014 will have the old depreciation value ( based on the original acquisition value)
3. The Depreciation key used in of type LINR (linear), depreciation value will be calculated based on the Book value till the asset value becomes ZERO at the end of useful life of the asset.
4. We can change the useful life of the asset at the end of a Asset fiscal year say FY- 2014, if this is done the existing configuration will take the Book value of the asset at the end of the Fiscal as the asset value and the new depreciation will be calculated based on the new useful life of the asset. The asset value will become ZERO at the end of the newly changed Useful Life.
5. But the requirement is that the useful life of the asset will be changed exactly half way in between existing Asset fiscal (i.e., 31/03/2014), if this is done system will change the depreciation value based on the new useful life ( since the Dep Key is LINR), but the depreciation value will change from the fiscal start say October 2013 to September 2014 ), which will not satisfy the requirement of the client. Since the depreciation which is already posted from October 2013 to March 2014 should not be changed.
Note:
1. We are not willing to retire the asset and create a new asset with the remaining book value as asset value and start depreciation.
Kindly let me know if the requirement can be fulfilled without retiring the asset.Dear All,
This requirement has been completed.
1. I created New Multi level valuation method with base 26 ( Net book value w/o Revaluation ).
2. New depreciation key was created and the above method was assigned to it. I never changed the Base method.
3. new interval was created in the depreciation area, with this created dep key and extended the useful life of the asset. The depreciation was calculated according to the requirement.
Originally the asset had useful life of 5 Years, I changed the asset useful life to 8 years now with new Depreciation key 2001.
Depreciation was already posted to the asset till 04- 2013 for an amount of 148.27 SAR.
Net Book value carried forward to 2013 = 1575.56 SAR
Depreciation already posted till 4th period = 148.27 SAR
Current Net book value after useful life extension = 1427.29 SAR .
Now the new depreciation key 2001 with Multilevel method 201, will take this Net-book value as Asset value and will depreciate along the useful life of the asset till it becomes zero.
Planned depreciation of 2013 ( remaining 6 months) = 166.24 SAR
Planned depreciation of 2014 = 225.96 SAR
Planned depreciation of 2015 = 225.96 SAR
Planned depreciation of 2016 = 225.96 SAR
Planned depreciation of 2017 = 225.96 SAR
Planned depreciation of 2018 = 225.96 SAR
Planned depreciation of 2019 = 131.25 SAR
Total = 1427.29 SAR ( the Asset value becomes zero at the end of its remaining useful life.
The previously posted depreciation from 01.01.2013 to 30.04.2013 was untouched. -
Hi,
I have asset with useful life 10 years. Expired useful life 5.3 years.
I am trying to change useful life to 5.6 years so that i can depreciate asset fully in coming 3 periods. Net book value should be ZERO after 3 months, and in Asset explorer also planned depreciation should be shown for 3 periods.
if i enter 5.6 years in useful life, the depreciation is calculating for 5.6 years and in planned also showing for 5.6 yrs instead of for 3 periods.
Below are the depreciation key parameters:Depreciation key 1st phase from the start of depreciation
Base method 0007 Ordinary depreciation from useful life
period control 007 01/06/02/02
Multilev.meth. 045 APC, any life
Chnge. method 5 change over after end of the useful life
Please help
Thanks
HariHi,
1) Please see in AW01N in Parameters the following indicators:
Useful life 010 / 000
Exp. usefl life 005 / 003
Remaining life 004 / 007
If you change the Useful life is should be:
Useful life 005 / 006
Exp. usefl life 005 / 003
Remaining life 000 / 003
2) The depreciation will be corrected as a result of changing useful life.
How it is corrected?
It depends on your setting sin OAYR (smoothing or catch-Up). Please see following threat:
Smoothing- explaination.
3) You have created a change over method:
"5 Changeover after end of the useful life"
So, the depreciation changes into second phase:
Of you make the second phase similar to depr. key DG20 or DG30, the asset will be fully depreciated, after end of useful life.
But: the change over can only happen after end of a fiscal year.
Regards Bernhard -
Asset Report - for useful life of an asset
Dear Friends,
Is there any standard report which gives the following information --
1. Asset Number,
2. Asset Name
3. Account Determination,
4. Profit Center
5. Useful Life,
6. Depreciation in the current Year
7. Accumulated Depreciation
8. Acquisition Date
I tried in Asset Balances Reports. Most of the fields are coming except Useful Life.
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 -
Report for Useful life by G/L and Asset Class
Hello SAP Gurus'.
Is there a standard SAP report we can use that gives Useful Life by G/L and shows Asset class?
Thank you!!Dear,
You can add more than five fields in this variant that was created?
Because I am not able to include more lines.
Thanks already
SSS. -
Asset Legacy depreciation adjustment within useful life
Asset depreciation is being calculated on the useful life of the asset.
I am using replacement value (03) as the base value of calculating depreciation, when i am transferring legacy data of the asset, if there is a difference in the accumulated depreciation the system does not adjust it within the useful life of the asset.
If i check the indicator calculate depreciation after useful it will write off the asset completely but not in the assets useful life.
In case of new assets it is adjusting within the useful life of the asset, but not for legacy assets.
Is the system behaving correctly?
Regards.Well there is depreciation after end of useful life. But i have selected to post depreciation after usfeul life. My question is that the system should adjust the depreciation within the useful life and not extend its useful life.
It is adjusting it for new assets created but not for legacy assets. -
Remain useful life depreciation recalculation
<our system setting>
1.base method (TCODE : AFAMA)
dep. method : Stated percentage
2.Multi-Level Method (TCODE : AFAMS)
9999 999 12 01 25% rem.life(no check) 0%
ex)
asset acq date : 2009.03.10
asset acq amount : 48,000
aseet useful life : 4 years (48 months)
add asset amount : 2011.01.03 48,000
now deprecication
no year-month depreciation amount
1 2009.03 1,000
2 2009.04 1,000
3 2009.05 1,000
4 2009.06 1,000
5 2009.07 1,000
6 2009.08 1,000
7 2009.09 1,000
8 2009.10 1,000
9 2009.11 1,000
10 2009.12 1,000
11 2010.01 1,000
12 2010.02 1,000
13 2010.03 1,000
14 2010.04 1,000
15 2010.05 1,000
16 2010.06 1,000
17 2010.07 1,000
18 2010.08 1,000
19 2010.09 1,000
20 2010.10 1,000
21 2010.11 1,000
22 2010.12 1,000
23 2011.01 2,000 ==> add 48,000
24 2011.02 2,000
25 2011.03 2,000
26 2011.04 2,000
27 2011.05 2,000
28 2011.06 2,000
29 2011.07 2,000
30 2011.08 2,000
31 2011.09 2,000
32 2011.10 2,000
33 2011.11 2,000
34 2011.12 2,000
35 2012.01 2,000
36 2012.02 2,000
37 2012.03 2,000
38 2012.04 2,000
39 2012.05 2,000
40 2012.06 2,000
41 2012.07 2,000
42 2012.08 2,000
43 2012.09 2,000
44 2012.10 2,000
45 2012.11 2,000
46 2012.12 2,000
47 2013.01 2,000
48 2013.02 2,000
<= end useful life ================================>
49 2009.03 2,000
50 2009.04 2,000
51 2009.05 2,000
52 2009.06 2,000
53 2009.07 2,000
54 2009.08 2,000
55 2009.09 2,000
56 2009.10 2,000
57 2009.11 2,000
58 2009.12 2,000
59 2010.01 2,000
2000 = acquisition value(96,000) * 25% / 12
I want deprecication
no year-month depreciation amount
1 2009.03 1,000
2 2009.04 1,000
3 2009.05 1,000
4 2009.06 1,000
5 2009.07 1,000
6 2009.08 1,000
7 2009.09 1,000
8 2009.10 1,000
9 2009.11 1,000
10 2009.12 1,000
11 2010.01 1,000
12 2010.02 1,000
13 2010.03 1,000
14 2010.04 1,000
15 2010.05 1,000
16 2010.06 1,000
17 2010.07 1,000
18 2010.08 1,000
19 2010.09 1,000
20 2010.10 1,000
21 2010.11 1,000
22 2010.12 1,000
23 2011.01 2,846 ==> add 48,000
24 2011.02 2,846
25 2011.03 2,846
26 2011.04 2,846
27 2011.05 2,846
28 2011.06 2,846
29 2011.07 2,846
30 2011.08 2,846
31 2011.09 2,846
32 2011.10 2,846
33 2011.11 2,846
34 2011.12 2,846
35 2012.01 2,846
36 2012.02 2,846
37 2012.03 2,846
38 2012.04 2,846
39 2012.05 2,846
40 2012.06 2,846
41 2012.07 2,846
42 2012.08 2,846
43 2012.09 2,846
44 2012.10 2,846
45 2012.11 2,846
46 2012.12 2,846
47 2013.01 2,846
48 2013.02 2,850
<= end useful life ================================>
2,846 = Net book value(96,000 - 22,000) / remain useful life(26)
so i changed setting
2.Multi-Level Method
9999 999 12 24(changed) 25% rem.life(changed check) 0%
but depreciation amount is not 2,846.
Edited by: soon hong kwon on Nov 21, 2011 7:49 AM<our system setting>
1.base method (TCODE : AFAMA)
dep. method : Stated percentage
2.Multi-Level Method (TCODE : AFAMS)
9999 999 12 01 25% rem.life(no check) 0%
ex)
asset acq date : 2009.03.10
asset acq amount : 48,000
aseet useful life : 4 years (48 months)
add asset amount : 2011.01.03 48,000
now deprecication
no year-month depreciation amount
1 2009.03 1,000
2 2009.04 1,000
3 2009.05 1,000
4 2009.06 1,000
5 2009.07 1,000
6 2009.08 1,000
7 2009.09 1,000
8 2009.10 1,000
9 2009.11 1,000
10 2009.12 1,000
11 2010.01 1,000
12 2010.02 1,000
13 2010.03 1,000
14 2010.04 1,000
15 2010.05 1,000
16 2010.06 1,000
17 2010.07 1,000
18 2010.08 1,000
19 2010.09 1,000
20 2010.10 1,000
21 2010.11 1,000
22 2010.12 1,000
23 2011.01 2,000 ==> add 48,000
24 2011.02 2,000
25 2011.03 2,000
26 2011.04 2,000
27 2011.05 2,000
28 2011.06 2,000
29 2011.07 2,000
30 2011.08 2,000
31 2011.09 2,000
32 2011.10 2,000
33 2011.11 2,000
34 2011.12 2,000
35 2012.01 2,000
36 2012.02 2,000
37 2012.03 2,000
38 2012.04 2,000
39 2012.05 2,000
40 2012.06 2,000
41 2012.07 2,000
42 2012.08 2,000
43 2012.09 2,000
44 2012.10 2,000
45 2012.11 2,000
46 2012.12 2,000
47 2013.01 2,000
48 2013.02 2,000
<= end useful life ================================>
49 2009.03 2,000
50 2009.04 2,000
51 2009.05 2,000
52 2009.06 2,000
53 2009.07 2,000
54 2009.08 2,000
55 2009.09 2,000
56 2009.10 2,000
57 2009.11 2,000
58 2009.12 2,000
59 2010.01 2,000
2000 = acquisition value(96,000) * 25% / 12
I want deprecication
no year-month depreciation amount
1 2009.03 1,000
2 2009.04 1,000
3 2009.05 1,000
4 2009.06 1,000
5 2009.07 1,000
6 2009.08 1,000
7 2009.09 1,000
8 2009.10 1,000
9 2009.11 1,000
10 2009.12 1,000
11 2010.01 1,000
12 2010.02 1,000
13 2010.03 1,000
14 2010.04 1,000
15 2010.05 1,000
16 2010.06 1,000
17 2010.07 1,000
18 2010.08 1,000
19 2010.09 1,000
20 2010.10 1,000
21 2010.11 1,000
22 2010.12 1,000
23 2011.01 2,846 ==> add 48,000
24 2011.02 2,846
25 2011.03 2,846
26 2011.04 2,846
27 2011.05 2,846
28 2011.06 2,846
29 2011.07 2,846
30 2011.08 2,846
31 2011.09 2,846
32 2011.10 2,846
33 2011.11 2,846
34 2011.12 2,846
35 2012.01 2,846
36 2012.02 2,846
37 2012.03 2,846
38 2012.04 2,846
39 2012.05 2,846
40 2012.06 2,846
41 2012.07 2,846
42 2012.08 2,846
43 2012.09 2,846
44 2012.10 2,846
45 2012.11 2,846
46 2012.12 2,846
47 2013.01 2,846
48 2013.02 2,850
<= end useful life ================================>
2,846 = Net book value(96,000 - 22,000) / remain useful life(26)
so i changed setting
2.Multi-Level Method
9999 999 12 24(changed) 25% rem.life(changed check) 0%
but depreciation amount is not 2,846.
Edited by: soon hong kwon on Nov 21, 2011 7:49 AM -
Hi SAP guru
I have one query regarding useful life of asset,
If i purchased a asset in rs 200000 , wdv rate is 20% and put the useful life 4 year, in last year i want to depreciate the asset upto 1 Rs.
Capitalisation date is 01.04.2008.
Ex - Acquisition value Ordinary depreciation net book value
2008 200,000.00 40,000.00- 160,000.00
2009 200,000.00 32,000.00- 128,000.00
2010 200,000.00 25,600.00- 102,400.00
2011 200,000.00 20,480.00- 81,920.00
2012 200,000.00 81,920.00
Client requirement is in year 2011 asset should depreciate upto Rs 1.
Appreciate your reply.
Regards
AnjanIf you want to your asset depreciation based on useful life that is 4 years, please select check box Rem.life in multi level method of that dep. key.and enter the useful life as 4 years in the assets master.
when come to restricting value to 1Re. specify the memo value for that asset class.
AA>Valuation>Amt.specification>Specify memo value. -
HOW TO CHANGE THE USEFUL LIFE FOR MORE ASSETS AT A TIME FOR ASSET CLASS
Hi All,
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.
Also i want to know the information of How these assets are Uploaded into the system (Lsmw or etc). this is very urgent for me.
Thanks in Advance,
Regards,
Siva.Hi Ashok,
Can i know the reason how it was happend. i mean instead of 4 years the system showing is 5yesrs any reason is there behind that.
Thanks in Advance. -
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.
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