Depreciation for 53 weeks in the weekly Calender Issue

Hello
We are currently facing an issue with caliculation of depreciation in AA for FY 2011. At the company GL follows the 4-4-5 weeks pattern.The depreciation follows the weekly calander whichtypically have 52 weeks. Every 6 years we are going to have 53 weeks. Next FY 2011 is going have 53 weeks (4-4-6 weeks for 4th QTR For FY2011 only)...the FY is going to start from 26th Dec 2010 - 31st december 2011.Due to this depreciation needs to be
caliculated for 6 weeks for period 12,2011 instead of 5 weeks done in previous year.
i have tried various approaches like changing the weekly calander to 53 weeks, this
is forcing us to change the past year calander also to 53 weeks.
Another approach i tried is
1) Created a seperate FY variant and created calender for FY2011 in that.
2) when tried to assign the new FY variant for Asset accouting, it giving me error message
as FY 2010 is not maintained in the new FY variant....
Can any one please let me know how can we address the 53 weeks issue... Any responses will
highly appreciated...
Thanks in Advance...
Regards
NN

Hello eashwar
Thanks for your reply...the depreciation in 4th qtr ,2011 should have more depreciation compared to any quaters as its got 6 weeks... having the depreciation base method as "percentage from Useful life" is not giving the expected results...
Please let me know if their is any other thing we can check in the system...
Regards
NN

Similar Messages

No BB for 3 weeks - junction issue?

We've had no broadband for 3 weeks now. An engineer visited shortly after we discovered the issue and we were informed that our card(?) had been taken out of the junction box and a more higher up engineer would need to fix the issue. We've spent 5 hours on the phone to BT since. Passed from one advisor to the next, and when we'd had enough and threatened to leave have been told we'd be billed £400 for cancelling! Now I would wait, but our baby monitor relies on BB as well as other things around the home (the internet channels we're paying BT for too!) so it's a huge inconvenience - especially when told we're high priority - 2 weeks ago! Has anyone else had this problem? How did you tackle it? Allegedly the card was removed for another customer to join (engineer said he wasn't supposed to tell me that?) and what problem really takes 3 weeks to fix if it's just to one house? I've sent complaint emails and received nothing despite the claim to call back in 24-48hrs. Sorry to rant but I'm so frustrated by the awful customer service and lack if service they continue to bill me for.

I had wondered...

Posting Depreciation for last year in the current year

Hi,
We have a situation in which we have to book depreciation for assets that were put into service since last year in the current year. The depreciation expense was accrued and reported when the year was closed out. However SAP wouldnt allow us to calculate the depreciation for anything before 01/01/2009. The assets were put into service in July of last year and hence we need to post 6 months of depreciation that we accrued last year in this posting period (when we will be capitalizing those assets). How do we go about doing this?
Here is what we tried:
1. Manual Depreciation: Doesnt work. The depreciation key we are using (LINA) doesnt allow manual depreciation
2. Changing the ordinary dep start date: You can change this date to last year but it wont calculate the depreciation from last year. It just starts the useful life from last year. The depreciation that is being caught up starts from 01/01/2009
3. Unplanned Depreciation: This is not an option because it goes to a different G/L account. The client wants it to be in the regular depreciation expense account only.
Any suggestions?
Thanks!

Hi,
So far my knowledge goes there is no way wherein you can capitalise assets in currnet year and account for dep from the previous year unless you go for post capitalisation vide ABNAN.Let me try to explain it by the following example.
FY: April to March
APC 10000/
Rate od dep   10%
Ord dep Start   01.10.08.
Asset capitalisation date 01.10.08 but posted in the system on, say   01.04.09.
Line items for ABNAN
70   Asset A/c     10000
75   Acc Dep                          500(on 10000 @ 10% for 6 months)
50 Rev for post capitalisation 9500.
FB60 Line items.
31   Vendor Account       10000
40 Prior per dep                   500
40 Rev from post capitalisation 9500.
I do hope you will be able to clear your confussion.
With best wishes
Monoj
Edited by: MONOJ SARKER on Aug 5, 2009 12:11 PM

Still waiting for a solution to the option key issue and boot camp.

I posed a question about not being able to boot up into windows using the option key method during restart. I never found an answer to it. Also, I'm one of those folks who lacks audio in windows Vista.

There is no solution, it cannot be done. Yes they are all products made by Apple, but the Mac has a different operating system than the iPad and the iPhone. The iPad and the iPhone run iOS. The Mac runs OS X. Apps for iOS do not run on a Mac and apps for OS X do not run on iPads or iPhones. If a developer makes an app for both iOS and for OS X they are separate purchases.

Depreciation does not extend after the Shortened Fiscal Year

Fiscal Year variant setup in OB29:
For Company Code assignment in FI year 2010 to 2020-
Z6 year-dependent July - June, 4 special periods 12periods 4special periods
For 2012 it is shortened to 11 periods, all other FY have 12 periods.
For Asset Accounting FY Variant assigned to Company Code assignment in FI-AA -
Z7 year-dependent July - June, 4 special periods 24periods 4special periods
For 2012 it is shortened to 22 periods, all other FY have 24 periods.
Period Control Method set is Z7/Z7/Z7/Z7
where Z7 is defined in OAVH as (for year 2010, 2011, 2013, 2014-2020):
Z7 Z7 15th of every month 2010 1 15 11
Z7 Z7 15th of every month 2010 1 31 11
Z7 Z7 15th of every month 2010 2 15 13
Z7 Z7 15th of every month 2010 2 28 13
Z7 Z7 15th of every month 2010 3 15 15
Z7 Z7 15th of every month 2010 3 31 15
Z7 Z7 15th of every month 2010 4 15 17
Z7 Z7 15th of every month 2010 4 30 17
Z7 Z7 15th of every month 2010 5 15 19
Z7 Z7 15th of every month 2010 5 31 19
Z7 Z7 15th of every month 2010 6 15 21
Z7 Z7 15th of every month 2010 6 30 21
Z7 Z7 15th of every month 2010 7 15 23
Z7 Z7 15th of every month 2010 7 31 23
Z7 Z7 15th of every month 2010 8 15 3
Z7 Z7 15th of every month 2010 8 31 3
Z7 Z7 15th of every month 2010 9 15 5
Z7 Z7 15th of every month 2010 9 30 5
Z7 Z7 15th of every month 2010 10 15 7
Z7 Z7 15th of every month 2010 10 31 7
Z7 Z7 15th of every month 2010 11 15 9
Z7 Z7 15th of every month 2010 11 30 9
Z7 Z7 15th of every month 2010 12 15 11
Z7 Z7 15th of every month 2010 12 31 11
(for year 2012 where it is a shortened FY):
Z7 Z7 15th of every month 2012 1 15 13
Z7 Z7 15th of every month 2012 1 31 13
Z7 Z7 15th of every month 2012 2 15 15
Z7 Z7 15th of every month 2012 2 28 15
Z7 Z7 15th of every month 2012 3 15 17
Z7 Z7 15th of every month 2012 3 31 17
Z7 Z7 15th of every month 2012 4 15 19
Z7 Z7 15th of every month 2012 4 30 19
Z7 Z7 15th of every month 2012 5 15 21
Z7 Z7 15th of every month 2012 5 31 21
Z7 Z7 15th of every month 2012 6 15 0
Z7 Z7 15th of every month 2012 6 30 0
Z7 Z7 15th of every month 2012 7 15 1
Z7 Z7 15th of every month 2012 7 31 1
Z7 Z7 15th of every month 2012 8 15 3
Z7 Z7 15th of every month 2012 8 31 3
Z7 Z7 15th of every month 2012 9 15 5
Z7 Z7 15th of every month 2012 9 30 5
Z7 Z7 15th of every month 2012 10 15 7
Z7 Z7 15th of every month 2012 10 31 7
Z7 Z7 15th of every month 2012 11 15 9
Z7 Z7 15th of every month 2012 11 30 9
Z7 Z7 15th of every month 2012 12 15 11
Z7 Z7 15th of every month 2012 12 31 11
Depreciation in 2012 for assets are as expected with 11 periods. Half month's depreciation posted in the month of acquisition, and the following months are calculated accurately up to period 11.
In FY 2013, June and July are in Period 1.
For FI Posting, this is true and correct.
For Depreciation Posting, only one year's depreciation is calculated but we need 1 year + 1 period (because the previous year was shortened by one period).
Is there a setting to increase the depreciation or extend the depreciation for 1 period in 2013 that was reducde in 2012?
The shortened Fiscal Year changes are not in productiveness. The assets created are new assets such as in a normal operation when shortened Fiscal Year has been in place. As such, new assets have no expired useful life yet and it is newly capitalized.
No user exits or custom development is in place.
I have checked all the following notes, either they made no changes or were not relevant:
58443
183546
397925
1572545
210214
26891
83213
506632
1021326
1010159
515571
123026
799719
672255
428292
160093
The depreciation calculation is lacking/missing one period of depreciation eventhough depreciation is not reduced.
Please suggest any possible solution to this issue that we are facing. Thanks!

Please check SPRO transaction AFAMA for the Depreciation Keys:
Setting:
Depr to the day
No reduct in short year
Period control according to fiscal years
Check which is appropriate starting with the above order as I think this will fit your logic. But this depends on whether postings have already been made in the periods you want adjusted. If so then you need to use AFAR and choose repeat run after you have changed your config settings for the periods already posted. Additionally you may have problems if you have rolled forward your Fiscal Year in Assets and you will/may need to roll it back if possible before running AFAR etc.
SAP normally calculates depreciation for straight line by taking the number of periods in a year and dividing total depreciation for that year by the periods and posting that figure for the month. If you set Depr to day then it will take into account different months day length etc.
No reduc in short year would also solve your problem but would reflect the full year depreciation in the shortened year (12 periods not 11).
Hope this helps if its not to late.

In the latest Lion update, has the dropping WiFi issue really truly been totally fixed?

Anyone still seeing the wifi dropping off, out of the blue, for no reason, issue as was the haunting problem in previous Lion releases?
For those that had the dropping off issue (and there were many).
Did this last Lion release/update really really absolutely totally fix the issue for everyone?
Totally? Completely? Honestly?

I have updated two machines directly to 10.7.2 and have had no issues with either machine.
Are you sure these problems are not as a result of the wireless router used rather than a Lion problem?
I have seen many wireless faults in the past caused by the routers which have been fixed by updating the router firmware.
Maybe those who are posting wireless problems need to also state the make and model of router they are using to see if a pattern emerges?

The little red dot with a bar on the weekly calender

Stupid question...In iCAl I have a little red dot with a bar attached to is that goes across the entire week. It is next to the timeline at about 2:00. It only shows up on the week calender. What is this bar? What does it do? Can one make it go away? It's killing me. I can't find a setting for it, an explanation, a right click...nothing. It's just buggin' me. Anyone???

NCesau,
Welcome to Apple Discussions.
The red dot with the bar is supposed to represent the current "Time of Day." It will/should be displayed in the Day, and Week views. It appears as if your TOD is stagnant, i.e. not working, if is stationary at the 2:00 time, and only visible in the Day view.
There is no user preference to change the normal behavior.
Since your iCal appears not to be working as advertised, you may be able to regain normal function by refreshing the iCal plist file. You will find the com.apple.iCal.plist file in your Macintosh HD/Users/yourusername/Library/Preferences Folder. Quit iCal, drag the .plist file to your Desktop, log out/in or restart and check iCal for normal behavior.
;~)

Have family plan with 250 data which I almost use each month. Going on vacation and will be on the road for two weeks. Should I up my data for a month then change back. Is it worth it or should I just run over and pay the extra 15 per gig?

have family plan with 250 data which I almost use each month. Going on vacation and will be on the road for two weeks. Should I up my data for a month then change back. Is it worth it or should I just run over and pay the extra 15 per gig?

Hello mlazaretti. Vacation time is awesome. (Especially a road trip!) Since you will be going out for two weeks, you never know if having extra data may come in handy. I highly recommend switching to the next tier up so this way you have more data. This way it is only $10.00 more versus $15.00, and you dont have to worry about overages. Then change back at the start of the next billing cycle.
If you need help making this change let us know! Have a safe trip!
NicandroN_VZW
Follow us on twitter @VZWSupport

I've only had my iphone 5s for a week. I keep getting an error message of "Server has stopped responding." I need the server to work. Does anyone know if there is a "fix" for the problem? Other wise, I probably best return for a refund and get a Samsung.

I've only had my iphone 5s for a week. I keep getting an error message of "Server has stopped responding." I need the server to work. Does anyone know if there is a "fix" for the problem? Other wise, I probably best return for a refund and get a Samsung. Thanks

sandyzotz wrote:
Other wise, I probably best return for a refund and get a Samsung.
Unlikely. Based on the complete lack of detail of the issue provided it is entirely possible the same issue would occur.
Unless and until the user provides some actual details of the problem, there is nothing the indicate that the issue is with the iPhone.

I purchased a blu-ray of The Hunger Games and it came with a code for a digital copy. I redeemed the code on iTunes but the download has been continuing for 2 weeks now and it never finishes! The time just keeps going up. Never an issue in the past.

I purchased the blu-ray of The Hunger Games and it came with a code to redeem for a digital copy. I redeemed the code in iTunes and the movie downloaded fine, but the "EXTRAS" have been downloading for 2 weeks! Everytime I launch iTunes it starts the download again and the counter keeps going UP, at one point it said it would take 3 weeks. I have paused and restarted the download, I have deleted the download, nothing works to finish or stop this download! Does anyone have a clue what's up?

ps when syncing it jumps through steps 1 - 4 real fast, i seem to remeber iphone showing the number of tracks transferring and names, but i see nothing? then it sits on 5 saying "waiting for changes to be applied"

Hi, I am getting a warning message on screen, saying that my iPad hasn't been backed up for 2 weeks, and saying under what circumstances the message appears. My problem is, is that I have backed up iCloud, but am unable to remove the warning.

Hi,
I am getting a warning message on screen, saying that myiPad hasn't been backed up to iCloud for two weeks, and advising under what circumstances the message appears. My problem is, is that I have backed it up, but am unable to remove the message, and whilst the message is there, the iPad is frozen, and I cannot do anything.
Has any other user had such a problem, and if so, how did they rectify it.
Any advice would be greatly appreciated.
Thanks in advance.
clarinet99

Try this.
Reboot the iPad by holding down on the sleep and home buttons at the same time for about 10-15 seconds until the Apple Logo appears - ignore the red slider if it appears on the screen - let go of the buttons. Let the iPad start up

Having horrible service with 4GLTE I have had 3G for several weeks (I am not the only person I know having this problem), I have reset my network settings and it did not resolve the issue. I am also unable to send SMS and text messages without them eithe

Having horrible service with 4GLTE I have had 3G for several weeks (I am not the only person I know having this problem), I have reset my network settings and it did not resolve the issue. I am also unable to send SMS and text messages without them either failing or not sending at all. Is there an outage in the Cleveland, Ohio area (zip codes 44129, 44134, 44137) or anything else I can do to resolve this issue?

Not that I'm a Verizon employee, but I have experience in the field. An LTE tower will only extend up to, on a perfect day, with no elevation, 6-7 miles. On a typical day, you will be lucky at four (4) miles. The three ZIP codes you've given are all within about a 12 mile radius. That would mean that 2-3 towers are currently down at the same time, and Verizon would know about it within the hour. Being it's Cleveland, I'm sure they would receive numerous calls regarding an outage of that size.
My point is that if you're having issues in all three ZIP codes, chances are it's a phone issue. If you're handset is simply not receiving LTE, but still receiving 3G, that would signify a SIM card issue. You need to get your SIM card replaced.

When I pre ordered my iphone 6 i was told I was going to get an additional 1 gig of data per month for a year. It even shows it on the receipt i received with the phone. When will I see that reflected on my account. I have had my new phone for a week a

When I pre ordered my iphone 6 i was told I was going to get an additional 1 gig of data per month for a year. It even shows it on the receipt i received with the phone. When will I see that reflected on my account. I have had my new phone for a week and used tons more data than usual and am hoping that will save me this month.

concretedonkey, I'm glad you were able to take advantage of this offer when you ordered your new iPhone 6. I can certainly review your account to ensure this was added for you. Please reply to the direct message I have sent you.
AndreaS_VZW
Follow us on Twitter @VZWSupport

My ipad is hung what to do?i cannot switch off for 2 weeks because of i cloud it say full and cannot be back up i try to close or open the settings but nothing happen anyone can help me thanks a lot in advance

my ipad is hung what to do?i cannot switch off for 2 weeks because of i cloud it say full and cannot be back up i try to close or open the settings but nothing happen anyone can help me thanks a lot in advance

Welcome to Apple Support Communities
Hold Sleep and Home buttons for 10 seconds until the device restarts

I have a macbook air that is not connecting to the internet correctly. I've had it connected for three weeks, it went into sleep mode, and will not reconnect. It will connect to other wireless routers (I've tested it) but not the one at my apartment.

The problem is not happening with any other device that I have. My iPad, iPhone and another laptop all connect fine. In fact, it's not even the connection. The computer will connect to the net. It just will not open any page. It starts to open and then hangs and hangs. It will not move. Weird since it worked great for three weeks and then all of the sudden, nothing. Click on Safari and I have short hope that it will move and NOTHING! Any thoughts why it would hang up like this and only with this specific network?

This is a known Lion issue, hopefully solved in 10.7.3. But may not be solved immediatly after updating, that was my case.
To make it work i followed those steps.
1.- Restart
2.- Lion 10.7.2 Update
3.- Uninstall netwokrs
4.- Shut down
5.- SMC reset
6.- Reinstall networks
I dont know whether all the above steps are necessary, but for me the update didn't work properly before SMC reset. (I am running a MBA mid2011)
Hope it helps,
Cheers

Depreciation for 53 weeks in the weekly Calender Issue

Similar Messages

Maybe you are looking for