Depreciation of Actual Assets with group Assets

Dear Friends,
I have configured Group Assets scenario and it is working fine for postings but in depreciation I am facing the problem,
Let me tell you clearly.
1. I have created Group Assets - 10000 with depn start date 01042011.
2. I also created actual assets -20000 assigned it to group assets 10000 & Actual assets Depn start date is 01052011.
3. i have done the inward for actual assets.
Now when i look asset explore at group assets level it is calculating depn for actual assets 20000 from 01042011 I mean from Group Assets depn start date.but i want it to calculate depn from actual assets Depn start date(from 01052011).
can any one help to resolve this issue please ?
Thanks,
UmeshGowda.

Dear ummigowda
were you created group asset through AS01 or AS21 (useAS21 only)
in OAYM wereyou selected check box for your tax depreciation area
IN AFAMS you select - validity start (From ordenary start dep.)
Regards
shankar

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How to stop Depreciation for some assets & start again.

Dear Friends,
We have a requirement where we have to stop Depreciation for some assets as they are not in use and again post depreciation when they put in use.
For ex: Asset Value is 10,000 and monthly Depreciation is 100. Asset has been depreciated for first 6 periods in year with 100 each in every month & we want to stop depreciation for coming 3 months and post depreciation when they put in use. Asset should not be depreciated when they are not in use and calculate regular 100 if we run depreciation again if we put in use. So total Depreciation of the asset for the year should be 900 (First 6 Months & last 3 months).
Please explain step by step process to do this and your kind cooperation to solve this issue is highly appreciated.
Points will be rewarded for sure if my problem solves.
Thanks & Regards,
Naveen Kumar.

Go to AS03 Asset Master/Dep tab and observe the dep key
Goto AFAMA and select that dep key and click on assignment of calculation methods
You can see last row for shutdown field and select YES
Go to asset master at AS02/Time dependent data and select shutdown check box and enter period
If shutdown check box is not available goto as03 and goto menu environment-screen layout and master data and identify the screen layout number
Go to SPRO-Financial Accounting (New)-Asset Accounting-Master Data-Screen Layout-Define Screen Layout for Asset Master Data-Define Screen Layout for Asset Master Data-
Select your screen layout and click on logical field groups and select 3 (Time dependent data) and click on field group rules and make shutdown field as optional.
This will allow you to change the shutdownfield asset master data.
Srinivas

[B1-V9] Cancel automatic depreciation run/Fixed Assets

Dear Expert,
Could you please let'us know how to cancel automatic depreciation in fixed assets
Depereciation : Depreciation run
Possibility to cancel capitalization: yes
Version: 9 , PL:09
Thank you for your feedback
Kind regards,
Med

Hi
Below is the SAP Note for Cancel Depreciation.
1974682 - Posted Depreciation is cleared after Captalization is canceled
Symptom
Posted Depreciation in Fixed Asset Master Data ->Depreciation tab is cleared after Captalization is canceled.
Reproducing the issue
Prerequisites:
Enable Fixed Assets is ticked Administration->System Initialization->Company Details->Basic Initialization.
Scenario:
1. Define a Fixed Asset
2. Create AP invoice (Purchasing AP->AP Invoice) or Capitalization (Financials->Fixed Assets->Capitalization) for fixed asset and planned depreciation for each month is 100 for example
3. Run depreciation to post depreciation for this asset, for example 400 is shown in 'Posted Depreciation' column in Fixed Assets Master Data ->Depreciation Tab
4. Cancel the document you have created in step 2 via Data->Cancel
Actual behavior:
In fixed asset add-on: The posted depreciation remains in the 'Posted Depreciation' column in Fixed Assets Master Data ->Depreciation Tab
In Business One version 9.0: Value in 'Posted Depreciation' column in Fixed Assets Master Data ->Depreciation Tab is cleared.
Cause
Behavior change.
Solution
In Business One version 9.0, there are three status for asset master data, which are "New", "Active" and "Inactive". If the status of the asset is "New" after its first capitalization is cancelled, no data would be shown in the grid in Asset Master Data's Depreciation tab. But users can still run depreciation again to clear the posted depreciation.
And In Business One version 9.0, users can define the default behavior when canceling the first capitalization document via Document Settings form -> Per Document tab, and choose Capitalizatindocument -> check box 'Deactivate Fixed Asset After Capitalization is Cancelled'. If this check box is chosen, the status of asset master data will be "Inactive" after its first capitalization is cancelled, otherwise, the status will be "New".
With Regards
Balaji Sampath

Calculate depreciation and generate Assets History Sheet / system currency?

Hi, I want to know if I can calculate the depreciation and generate Assets History Sheet in system currency which is different of local currency. in fact the amount of depreciation calculated in TND and converted in euro is different of the amount calculate directly in euro.
Example:
01/01/2009 (rate EURO/TND = 1,27 )
Acquisition cost: 1000 euro = 1270 TND
Percentage of depreciation 10%
If I calculate the depreciation in TND and convert it in euro the amount is equal to 1270*10%/1,7(rate EURO/TND at 31/12/2009)= 74 euro
otherwise if I calculate the depreciation directly in euro the amount is equal to 1000 *10%=100 euro
Thanks.

Hi Mohamed,
If the asset is acquired with foreign currency, it will be booked with both local and foreign currency in accounting, but the asset values and depreciation will be always converted and calculated with local currency.
How ever per your scenario, you can implement the report this way:
1.You can get the planed and posted deprecaiotn value in local currency (TND) by depreciation area, period and asset number in table @BA_ODPV
- Depr value for 2009 = 1270 * 10% = 127 TND
- Depr value per month = 127 / 12 = 10.58 TND
2.Convert the depreciation value into sysetm currency (EURO) with the exchange rate on acuqistion day (01/01/2009 (rate EURO/TND = 1,27 )), thus you need to retrieve the exchange rate on 01/01/2009 from table ORTT
- Depr value for 2009 = 127 TND, you can easily get this with SQL
- Depr value for 2009 = 127 / 1.27 EURO = 100 EURO (01/01/2009 (rate EURO/TND = 1,27)
SQL for report (You may set the ratedate and fiscal year as parameter):
--Retrieve the exchange rate from ORTT by date and currency
declare @rate as float
select @rate = Rate from ortt where RateDate = convert(datetime,'20090101',112) and Currency = 'USD'
--Sum up the depreciation value grouped by asset number and filerd with fiscal year and depreciaiton area
--Report: Asset Numer, Fiscal Year, Planed Depr., Posted Depr.
select U_AsstNum as 'Asset Number',U_FisYear as 'Fiscal Year',sum(U_OrDpPlan)/@rate as 'Planed Depr.', sum(U_OrDpAct)/@rate as 'Posted Depr.' from [@ba_odpv]
where U_FisYear = '2009' and U_DprArID = 100
group by U_AsstNum,U_FisYear
3.Display the report with PLD
Hope it helps. Thanks.
Regards, Yatsea

Error occured while doing depreciation for an asset

Hi,
I could running the depreciation for an asset in AFAB t-code.
The msg is ""Testrun Completed successfully" and "No document were created for this run". I have purchased the asset for the month of April and wanted to run the depreciation for that month.
Please Advice.
Thanks
Bnoy

Dear Bnoy,
If you look at the message itself saying Testrun completed successfully. So mean you are runnning depreciation posting program in TEST RUN mode, so it is understood not to post any document in system in real time and if any error occurs must show in simulation mode.
If you dont found any error in TEST RUN, next running time remove TEST RUN and execute the same again, here at this time system will post the document and asset explorer will get updated with posted values.
I hope this will help you to understand depreciation posting functionality, and you will be able to overcome the facing issue.
If you have any doubts feel free to share, you are welcome !
Regards,
Pankaj A Bhalerao.

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

What is the best way to stop the depreciation of an asset

I had tried ticking the asset shutdown field, but it didn't works. I change the depreciation key , e.g. 0000-zero depreciation, it works, however i do not know what is the implication of doing this.
What is the best option to stop depreciation of an asset?
Thanks.
Best Regards,
Roberto Sayo

Hi,
No depreciation for a period of time
If you have an asset which would not be used for production purposes for next six months as the plant is being closed.
Therefore you don't want to retire the asset and neither do you want depreciation to be carried out during these six months period.
Once the plant is opened, from then on, you want to execute the depreciation run.
You can utilize the Asset Shutdown feature on the Time-dependent tab of the asset master record.
Select the Asset Shutdown checkbox - create a time interval - Save.
If you cannot find the checkbox, it could be hidden :-
In AS02 click Environment -> Screen Layout -> Master data
Select the Screen Layout and click Logical Field groups
Select 3 - Time-dependent and click Field group rules
Tick Opt, Mnno and Sbno - Save
Optionally,
you can set the Depreciation key in the Deprecation Area Tab.
You can also change the depreciation key to '0000' (No depreciation and no interest) for each of your depreciation books. Just make sure you have run depreciation up through the current month before doing so. When you are ready to put the asset back into service, reset the keys to their original values. The system will calculate no depreciation during the months where you have the key set to '0000'.

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

Depreciation of revalued asset

Hi Everybody,
I am here to seek your advice regarding an issue in asset accounting.
Let me delve into the problem directly.
Very recently my client has undergone asset revaluation process.After revaluation my client wants that the depreciation should be calculated as revalued value/total life. As per SAP its found that depreciation is calculated as revalued amount/remaining life.
Now my question: is it possible to calculate depreciation of revalued asset by taking the total life of the asset taking into consideration?
If yes then how? whats the process in SAP ?
Let me give an example:
Suppose in year 2006 an asset ABCD with an acquisition value of Rs 1000, total useful life is 10 years. So depreciation is Rs 100 for the year.So my Net book value is Rs 900 in year 2007.In 2007 itself the client made a revaluation of Rs 500 and the total value of the asset comes Rs 1500.
SAP is calculating the depreciation as (900+500)/9=155(approx) for a year.
Now my client wants to calculate the depreciation as (1000+500)/10=150.
Is it possible in SAP ? If yes then how to post the difference amount of (Rs 5 per year) in SAP?
Awaiting your early response.

Hi Dominic,
Thanks for your response.
If a new depreciation key is required, can the original multi level method be assigned, or would a new multi-level method need to be defined with the new appropriate depreciation rates?
Thanks
George

Individual depreciation per particular asset per month-posted&planned

Hi experts,
how to run depreciation per particular asset and particular month either posted or planned.please help me.
Regards,
viswanadh.

Hi ,
If you Want to Run the deprecation for a single Asset and also if you want to run for a perticular Period ,Follow this Process - in AFAB in Parameters you give fiscal Year and give the Period for which month you want to Run the deprecation and under reason of posting Select unPlanned Posting run , after this come down to Parameters to test run- give the Main asset Number i.e Asset Number for which you want to run Deprecation, first run in test mode then remove it and excute.
in the above process do not select any thing else.
with the above process you can run the Dep. for single Asset and month.
hope the above fullfills your requirment.
Thanks
Goutam

Doubt on Depreciation in Fixed Assets Module

Dear Members,
When we run depreciation we have an option to select the "Close Period" check box and Oracle Standard user guide says that "Depreciation can be run as many times as needed in the current period as long as it is not closed".
Now when we run depreciation by selecting the check box "Close Period" we can see the amount depreciated for the assets in the period.
Navigation we use to see the amount depreciated for the period is:
Fixed Assets Super User-->Inquiry-->Financial Information-->Books(B)
But if we run the depreciation without selecting the check box "Close Period" we cannot see the amount depreciated for the assets in the period.
Can any one explain us what is the reason?
If user wants to see the depreciation amount for certain assets before closing the period then where he can see the amount?
Thanks in advance for your valuable replies.
Best Regards

Hello,
Steps:
a) Are you querying the Correct Asset?
b) Are you querying the Correct Asset Book?
If you have added a new assets in the same period and run the depreciation without checking the checkbox then the system will calculate the deprecation.
Please reply what is the question you need to ask
What is the actual problem r u facing.
Srikanth

System is not calcutiong tax depreciation in the asset master.

Hi SAP Team,
As per configuration, SAP system is not calculating depreciation in the
area 11 tax depreciation in the asset master,however it is not
calcuating tax depreciation at the group asset level.
In our system we linked group asset in the area 11 in the asset master.
Thanks
Chinna

Check screen layout rules for that asset class, the field might have been suppressed.
SPRO --> Fin Acg --> Asset Acg --> Master data --> Screen Lyaout --> Define screen layout for asset master data -- select relevant screen layout rule assigned to asset class.
Click on logical field groups ---> General data --> Field group rules...... select radio button under optional

Depreciation Posted in Asset Module but not in GL

Hi,
In one of the assets, falling under the 'Assets Under Construction' by mistake the users defined the depreciation key. Accordingly there was an error while running the depreciation. However, after amending the assets master and removing the depreciation key, the depreciation was again conducted. But this time, the depreciation for the month appears to get posted in the Asset Module, without there being any entry in GL Account. When we look at the asset balances report with posted depreciation, we find the depreciation in this asset. Since there is no Accum Dep account for the AUC, the system is not allowing to carry out the Book Depreciation.
The question is how can we remove the depreciation from the asset module only, without affecting the GAL?
Thanks in advance for the assistance.

Hi Rajjul,
you mix up things. First of all the changes will not have any effect as long as your RESTART run has not been executed successful. The RESTART will only pick up the postings (on FI-AA side) which have been created in the original run. If there have been values to be posted for an asset, it must be posted.
Therefor you have to change configuration now, store accounts for the Auc class and post the depreciation. First when this run finished successful, and you execute a REPEAT run, the system will catch up depreciation back to zero.
A RESTART run will never calculate the depreciation value to be posted new, it always takes to amount calculated to be posted from its original run.
Markus

Tax depreciation for fixed asset in Singapore

Dear all,
One of our client in Singapore want to run tax depreciation in fixed asset module as below .
They want to run depreciation with stright line method pro rata by the year of useful life
and the depreciation will be posted only once a year at the first period of the year that acqusition.
(No matter when they acqusition the asset)
For example : if they do acqusition an asset = 300,000 S$ on any date in year 2009 with useful life 5 years,
the depreciation should be posted as below:
Depreciation per year = 300,000/5 = 60,000
31-Jan-09     Depreciation should be posted = 60,000
31-Jan-10     Depreciation should be posted = 60,000
31-Jan-11     Depreciation should be posted = 60,000
31-Jan-12     Depreciation should be posted = 60,000
31-Jan-13     Depreciation should be posted = 60,000
How shuold I can do the configuration for this requirement ?    Please kindly advise.
Mary_K

Hi Mary,
I'm from Singapore. Here's how you will configure the system.
Create a dep area for Tax depreciation. You should create new Period Control Method (AFAMP) where you will assign 06 period control to acq, add, ret, trn. 06 means start of the fiscal year.
After that, you create a "Dep Key" to assign this period control method. Then in the dep area per asset class, assign this dep key to the tax dep area.
The system will default the start of dep for tax the start of the fiscal year regardless of when it was acquired within the FY.

Add new depreciation to existing assets

hi experts
can we add new depreciation to existing assets , while creating new assets i can see the depreciation that i have created recently. but for the existing assets i want to add this new depreciation.
venkat

Hi
Yes u can change the depreication
but keep in mind note the date when u chnage the depreciation of existing asset
and check any invoice not pending of asset PO at the time of change the depreciation
Suppose u create a PO with asset, whc\ich is creatd ( suppose machinary rate is 10%)
then u comlete the cycle first this means invoce entry ( MIRO)
then u chnage the depreciation
if any query revert back
Regards
Roobal

Depreciation of Actual Assets with group Assets

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