Depreciation Method in Asset Accounting- Urgent

Dear All,
My Client wants to Calculate Depreciation as below:
1) If Asset Acquired on or before 15th of the Month than full Month Depreciation to be calculated.
2) If Asset Acquired after 15th of the Month than Half a Month Depreciation to be calculated.
I checked in Period Control Method (PCM) in Assets Configuration of Existing setting but Could not Find out the Exact Requirement.
As this is very Urgent Requirement Can anyone Please Help me Regarding this.
Early Reply will be highly Appreciated.
Thanks & Regards,
Pankaj

Hi Anand,
By Assigning 02 as Acquisition method I am not getting my solution.
I was trying to Try with 03 Rule that is "Prorata at Mid period" but can u Pls tell me how to assign 03 Rule in OA84 as it is not allowing to create asset without assigning in OA84.
Please try to help.
Thanks & Regards,
Pankaj

Similar Messages

Where we have to create depreciation key in asset accounting for as02 ?

Hi all
where we have to create depreciation key in asset accounting for as02 ?
Regards
Saimedha

Hi,
Saimedha....
AS02 is for Asset change..........here you can change only dpercaition keys.......
You can define in AS93..........under Takeover values.
Also u can check the value at AS02 under Deperciation area at initial tab ..you can see there at Menu Bar..
Regards
Ricky

Clearing depreciation on a asset account

Hi Experts
In 2007, (Posting date is 2007.10.26) one asset is transfered from one profit center to another profit center.
Here 13960 is asset under 494 profit center
Here 13961 is asset under 480 profit center
10400010 000000013960 0000 494 17,142.75-
12150010 000000013960 0000 494 0.75
10400010 000000013961 0000 480 17,142.75-
12150010 000000013961 0000 480 0.75
By end of 2007, we have sold all the assets in profit center 494, so we have retired the assets. The depreciation on account 12150010 for profit center 494 0.75 still remained on account. Could any one let us know how to clear this balance.
In Trial Balance, we have this scenario. How to clear this balance.
12150010 is Recon account of type Asset.
12150010 Res For Depr - Gross Cost - 0.75
12150015 Res For Depr-Unit of Product 0.75-
Thanks
Rajanikanth

We have used OASV to take over the depriciation posted.
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Rajanikanth

Asset accounting (urgent)

Hi Guru's
Asset 474973 depreciation is not calculating correctly
A write up was put on the asset in the month of January, then the depreciation was re-run, in total on the master data of the asset, the planed values for the year showing correct only, but when the planned depreciation report is run to look at each months wise depreciation is showing incorrect.
Could you pleae help me on this
value points assigned
thanks
sunitha.

Hi Guru's
Asset 474973 depreciation is not calculating correctly
A write up was put on the asset in the month of January, then the depreciation was re-run, in total on the master data of the asset, the planed values for the year showing correct only, but when the planned depreciation report is run to look at each months wise depreciation is showing incorrect.
Could you pleae help me on this
value points assigned
thanks
sunitha.

Assets accounting :: urgent::

all
we have some assets in my company... there is no grn, po we could not by from anyone that assets
is there any chance book that assets in sap( giveing assets number) without making any payment( without po , grn)
could you explaine me??
regards
ss

Hi Supriya,
If your are not buying an asset for cash, then there is obviously a vendor.
Then If there is no GRN etc. and if you cannot define the vendor under the normal purchases vendor (vendor for materials), then go ahead and define a different vendor account group say for eg: Vendor - assets (name it what ever way you want after confirming), defined this particular vendor under the aforesaid vendor account group.
Then define asset using AS01.
Take the asset number generated, go to f-90, give the vendor number(P Key 31), along with transaction type and then go ahead and give 70 P Key, along with the asset number generated.
hope this is going to help you
regards
soujanya
Edited by: Soujanya Muralidhar on Mar 25, 2008 4:06 PM

Interest calulation method for asset accounting

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--- 10011 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.
Thank you in advance for the help,
Lakshmi

Hi,
In the depreciation key interest is configured hence the system is calculating the interest. Is it a asset migrated from Legacy system.
As per your Business process how the interest is getting calculated? Can you elaborate on this?
Thanks
Murali.

Where we have to open and close posting periods in asset accounting

hi sap gurus
can anybody give where we have to open and close posting periods in asset accounting
thank you
venkatareddy

Hi Venkatareddy,
You make specifications for fiscal years and posting periods in the SAP R/3 System in Customizing for Financial Accounting. This is done in the fiscal year variant in the global parameters of the company code. These settings are, in general, also binding for Asset Accounting. The depreciation periods in Asset Accounting then correspond to the posting periods in Financial Accounting.<b> It is usually not necessary to create a separate fiscal year variant for Asset Accounting.</b>
The period control in the depreciation key determines the start and end of depreciation when asset transactions are posted . The period control determines the relationship between the calendar period in which the asset transaction is posted and the depreciation period.
These calendar periods are independent of the posting periods in Financial Accounting. The only restriction is that the beginning of the first calendar period and the end of the last calendar period defined in a period control have to match the start date and final date of the fiscal year in Financial Accounting.
Kindly let me know if this useful for you

Stop Depreciation of an Asset

Hi Gurus,
We have an asset that was capitalized last March 2011with useful life of 3years. To be specific, the item is a television set.
Goods receipt was transacted last March for this asset with ttype 120 with an entry of Dr. Asset and Cr. GR/IR Clearing Account.
2 months of depreciation were already posted last April and May 2011.
The problem is that the department head told our accounting dept that this item should not be treated as an asset and should be charged to a personal expense.
Kindly advise on how we can stop the depreciation this month June and the succeeding months. Pls advise also on how can we correct the previous postings that were already made on this asset (GR and depreciation) given that the books for the previous months were already closed.
Thanks,
Ellicec

Dear:
Please check if reversal of the Past Depreciation(posted) is possible through Write-Up ABZU - Miscellaneous is the transaction used for Write-Up of past depreciation.
Transaction effects will be like
Accumulated Dep A/C Debit
Deprecation exp a/c A/C Credit
For more info please check link
/people/nathan.genez/blog/2008/06/26/reversing-a-depreciation-run-in-asset-accounting
OASV can give credit to Acc dep posted for an asset class but not to a particular asset.
Regards

Re : How to reverse Depreciation documents for assets

Any body please tell me. How to reverse the Depreciation documents for Asset accounting.

Hello Ramu,
Asset transactions have to be reversed using the reversal transaction of the application in which the original transaction was posted (for example, invoice receipt). You automatically go to the appropriate reversal transaction when you choose Postings-> Reverse document.
In addition to the reversal transactions for documents created in Asset Accounting, there are also the following reversal transactions in the applications integrated with FI-AA:
Reversal of external acquisition with vendor (Accounts Payable)
Reversal of acquisition with purchase order reference (goods/invoice receipt)
Reversal of retirement with customer (Accounts Receivable)
Procedure
Choose Postings ® Reverse document ® Other asset document.
Enter the asset.
Press Enter
Select the document to be reversed.
Choose the Reverse function.
Below mentioned is the procedure for reversing Settlement of an Asset Under Construction
Choose Postings->Reverse document->Cap. asset u. const.
Enter the asset under construction that was settled.
Press Enter
The system then reverses all documents that were posted during the last settlement.
If you want to reverse a settlement that was posted before the most recent one, you first have to reverse all the settlements, which were posted after the one you want, in chronological order.
You cannot use this transaction to reverse the settlement of assets under construction that were only managed for cost accounting.
Reward points if i had been of help to you.
Rgds
manish

Asset Accounting: Lineal Depreciation

Hey!
I have implanted the module of Asset Accounting. We have defined a lineal depreciation Key for some assets. But when we enter to the Asset explorer (AW01N), we can see that we have different values for each posting period (the posting periods are defined in months). I think this is because each month have diferente days so Sap calculate different values. We think that SAP is considering if the month has 31 days or 30 days.
I want the depreciation to be calculated with the same value each month. In what point of the cuztomizing I can define this?
Thank you in advance,
Leyre

Pls check the settings for the period control methods where you can define the no.of days with FV, based on the days wise you can restrict the depreciation amounts calulation, but the specific amounts option will not be available to serve your purpose.
Let me know for any further info.
Regards,
Suresh

ERROR Message no. AU265 :While closing asset accounting year ------ URGENT

Hi All,
THE ISSUE IS URGENT . Please help in resolving it.
One of our users have missed to do the repeat depreciation run for
Asset 4464 (Co. code 0006)in 12th period as she has raised a credit
memo for this
Asset after she did normal depreciation run for period 12, 2007.
Than the financial year 2007 FI-GL was closed and when she was trying
to do Asset year closing for 2007 through t-code AJAB she got the error
that depreciation not updated for asset 4464 and realized that she hasmissed a repeat depreciation run .
Than I replied back to her that there is no other way out to solve this
problem other than to get the last fiscal year opened and than do the
repeat run and not to do any posting for this year before closing the
previous year.
But in the mean while she has already posted the depreciation for
Jan 08 for all assets and also posted the value for 4464 Asset in
Period Jan08 . Now when she is running AJAB she is getting error the
following error.
AU265 : Documents from last posting run in 2007 are not yet updated.
The sequence which the user has followed is as follows:
First, I ran depreciation for all assets in period 1, 2008 with no errors. But, the December depreciation for asset 4464 did not post in this run.
Then, I posted depreciation for asset 4464 in period 1 2008 (see document 300000881), with no errors by following the steps in the attached document.
1.     T-code AFAB
2.     Entered the criteria with repeat run for Asset 4464(I knew SAP would not allow me to post to 12/2007)
3.     F9 to process in background
4.     T-code SM35 to process batch
5.     Received error that period 12/2007 was not open for posting
6.     Changed posting date to 01/2008 and processed the batch
7.     Now, the remaining December 2007 depreciation for asset 4464 posted. See document 300000881.
8.     T-code AJAB (Year-End Closing Asset Accounting), again
9.     Received message that the Close was not carried out because Documents from last posting run in 2007 are not yet updated.
Please tell what can be done now to resolve this error.
Points will be rewarded if your answer helped.
Thanks & Regards,
Prachi

Prachi,
I faced a similar situation from 2004, we transfered that portion of credit memo into a dummy company code / Asset and a manual adjustment in 2007 for the credit memo portion... ofcourse there will be a difference but explainable...
In your situation... check if you can open 2007 repost the depreciation for 12 and clear this issue?
Hopefully this helps.

Fixed Asset and Depreciation method in SAP B1 2005B

Hi All,
I want to know what is the method by which we can do depreciation for fixed asset in SAP Business One 2005B.
Looking for a postive response from all.
Regards,
Kawish

Hi Kawish,
The system supports the following forms of depreciation:
u2022Ordinary Depreciation
u2022Unplanned Depreciation
u2022Special Depreciation
And for the depreciation methods:
Straight-line
Immediate writeoff
multilevel method
declining-balance method
special depreciation
You can get more helpful documentations through partner portal:
Solutions-> SAP Business One-> Solution Overview-> Documentation
Resource Center-> SAP Business ONe Add-ons 2005-> Fixed Assets
Regards,
Candice Ren
SAP Business One Forums Team

FICO : Asset Accounting - Depreciation Run Issue

Dear Friends,
I have an issue in asset accounting.
Let me explain the actual background of this issue.
1. I created a new company code(2000) by copying the existing one(1000 along with the closed year 2009
2. After that when i was trying to post acquisition for an asset i got the below error
You cannot post to asset in company code 2000 fiscal year 2011
3. Then i closed the year 2010 and opened 2011, it allowed me to post in the month of june
4. Now i am trying to run the depreciation for june, its giving the below error.
According to posting cycle, you should post period 001 next
5. What could be the reason for this error , is it the correct procedure what i am doing it now?
Please help if someone has an idea about that
Thanks ,
Perumal.

Hi,
You can get the solution if you double click the error message.
Please note that depreciation of current month can only be posted if the depreciation dycles till the previous month is completed. Coming to your case, you have opened the year 2011 and trying to post depreciation for period 6. You need to run the depreciation cycles from period 1 to 5 before trying to post for period 6.
Regards,
Kiron Kumar T.

How to delete depreciation areas when a posting is made in asset accounting

Hi All,
We are implementing asset accounting to few of our company codes as a new company code start up project. We have opened depreciation areas for tax for one company code and found that we are not going to use this company code for asset accounting.
We have already opened 2 depreciation areas one for tax and the other as difference between book and tax depr in our development client. One of our member has created an asset and posted values to it. Now, we were told that we dont need to open the depreciation areas. When i am trying to delete it system giving error message saying you cannot delete the derived depr as the values have already been posted.
Please advice how i should proceed with the above issue for deleting the depreciation areas. Your help is much appreciated.
Thanks in advance

Hi Rose,
For the below mentioned issue do the following:
1) reset all the depreciation data ( t code OAGL)
2) reset all the asset account co code data (t code OABL)
then u can go and delete the depreciation areas.
regards,
Kiran

How to Open & Close the periods in Asset Accounting for Depreciation.

Dear All,
How to to How to Open & Close the periods in Asset Accounting for Depreciation ? Please let me know
If there is any T.Code or procedure for it.
Your help is highly appreciated.
Thanks & Regards,
Pankaj.

Dear Alex ,
1) I am facing one problem that one of my asset 123 I Capitalized on 13.09.2006 have deactivated on
14.05.2008. with value of Rs.1.00.000/- all the activities are closed down related it on deactivation date.
In 2009 a new asset 456 purchased with different value. But in T.code OARP in column cumulative acquisition
value it is showing value of Asset 123 instead of it's own capitalization value.
2 ) And about my Asset 123 it is also showing a Cumulative Acquisition value in year 2009 which it
should not display because I have already deactivated that asset. ( The same checked in AR03 )
Please help.
Your help is highly appreciated.
Regards,
Pankaj.
P.S :- Keep the discussion on for further assistance.

Depreciation Method in Asset Accounting- Urgent

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