Depreciation on revaluated assets

Dear Sap Gurus
Senario:-
1. We have purchased an asset for 10,000 as on 01.04.2006
2. Revaluation has been done for same asset 5000 as on 01.10.2006
Now total asset cost is 10000+5000.
3. Run depreciation as on 31.03.2007 for that asset. here system is caliculating depreciation base is 10000 not 15000.
1Here i want to caliculate depreciation based on 15000.
2.how to post revaluation price to asset
3. Is there any other speciatial T.code for Posting depreciation for revaluated assets.
Thanks alot for your earlier reply.
Regards
Kurupati

Have a look in your settings:
TC OABW

Similar Messages

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

Depreciation on revalued asset

Hi everybody,
Iam having a problem with the depreciation posting on revaluation of ana asset,
For example my client is posting the revaluation fro an asset(abcd)
after that he is running the depreciation for that, then in asset explorer(AW01N)
revaluation of APC is posting,
but revaluation of ordinary depreciation is not posting,
I checked in AO90 all GL code are assigned for revaluation of depreciation,
please somebody help me with this issue,
this issue has the high priority
Thankyou,
Ravinder

Depreciation key TC AFAMA in your depreciation key you use a Multilevelmethod TC AFAMS, there you give the base value for for the depreciation like:
01 Acquisition value
24 Net book value
I don't have a sandbox at the moment, othere wise I had tested it.
We have only running revaluation on the aquasition value and using Inflation for some countries, in inflation it is calculating the depreciation (the setting there is 24 net bookvalue)
For testing you can create a new depreciation key and Multilevelmethod

Depreciation forecast after Asset revalution with AR29N inconsistent

There is a need to revalue assets on a certain date in the current
fiscal year. We did all the steps necessary to carry out revaluation
using Transaction AR29N, using the "new valuation of an asset"
function. After the reval the asset master was updated with the new Depreciation key and new useful life/dep start date.
SAP calculated the forecasted depreciation incorrectly in the
first few attempts, but after some testing it worked fine and we posted
periodic depreciation. This worked as expected. Using the same settings
in the same company code a new asset was revalued with a new value
date. The problem has returned although nothing was changed in the
system, The fore casted depreciation does not make sense.
Examples:
1. Asset Original Value at FY start - $100 with a planned dep of $1 for
the remaining useful life. Depreciation for 4th FP posted. Asset revalued
with a value date corresponding to FYP 04/2011. Revalued at $1200 with
new useful life of 24 months and new Dep start date corresponding to
start FYP 03. Expected depreciation PM is $50. This scenarion worked
fine.
2. Asset Original Value at FY start - $100 with a planned dep of $1 for
the remaining useful life. Depreciation for 4 FP posted. Asset revalued
with a value date corresponding to FYP 05/2011. Revalued at $2400 with
new useful life of 24 months and new Dep start date corresponding to
start FYP 03. Expected depreciation PM is $100. SAP shows forecasted
monthly depreciation of $108 per month

Hi Manish,
Are revaluated values appearing correctly in asset explorer (AW01N) both APC and depreciation.
If no then I would suggest to run AFAR for recalculate depreciation.
Thanks!!!
Murlidhar Khatri

Depreciation on revaluated fixed asset

Dear Experts,
I have revaluated fixed assets. My query is that, while posting depreciation on this revaluated FA, the depreciation should be calculated from the asset value date mentioned in the master record of the fixed asset or system should calculate depreciation from the asset value date mentioned in the 'revaluation posting transaction'? How it is calculated in the general practise in asset acccounting? This depreciation should be calculated on the new acquisition and production cost.
Please help
Thanks and regards
Aniruddha.

DEAR
if you using AB01
the config for posting revaluation in book dep area 01 is as follows:
> in the dep area 01 mark fields,revaluation,transfer of reserve and rev ord dep as all values allowed.
>in specify intervell and posting rule mark revaluation button on.
>AO90 assign the gl account in the asset classes which have to be revalued in assign g/l accounts area.
>   if going for one time rev .give seperate rev measure.in define rev measure screen.
>   post revaluation in abaw.
>   while running afab the amount will get posted make sure it is planned posting run
MAKE SURE THIS FACT AB01 INCREASES YOUR BOOK VALUE BY REVALUED AMOUNT. BUT IF YOU WANT NEW VALUATION POST NEW VALUATION THROUGH AR29N
if you using AR29N go to new valuation of asset tab.
for using that you 1st need to create a transaction type in AO73 with credit transaction, doc type --aa , post gross ,do not post to affiliated company. go back and limit transaction to dep area.
define reval measure
now revaluate asset in AR29N
regards
rohit

How to control the depreciation for revaluation from next month ?

Dear all,
I post current year ord. depreciation revaluation via trx. ABAW (Bal. Sheet Revaluation), and the general ledger will be updated after depreciation run.
In our client, the scenario is AFAB (dep run) --> ABAW (revaluation) --> AFAB (dep repeat run).
Now my problem is I want the revaluation value be depreciated next month and the second AFAB just for general ledger posting. I have set the period control '11'(next month) for revaluation but it doesn't work, the second AFAB still generates both G/L and depreciation posting.
How can I control the revaluation depreciation from next month?
Thanks for your help.

Hi,
we have used a different approach. We run two separate depreciation areas:
01 - ordinary depreciation
03 - revaluation
We maintain two complete streams of data. 01 is linked to the original acquisition value of the asset and depreciates normally.
03 is linked to the revaluation. Each month we recalculate the replacement value, revalue the accumulated depreciation and then run depreciation using transaction AFAB.
I don't think it will work in the way you described.
Kind regards,
Rudolf

Depreciation on Revaluated Amount

Dear Friends,
Our client wants to go for Revaluation and we did the following set up:
We have created two depr. areas 01 Book Dep and 15 Tax depreciation
In dep area 01 we have allowed revaluation as well as Revaluation Depreciation.
T-Code: OABW 01 depreciation area to manage Revaluation
OAYR For posting the revaluation amount in area 01
AO90 For defining the revaluation accounts
I have run transaction code ABAW to post revaluation.
I have put only revalued amount as 100 for testing in the existing asset.
Then after when i run repeat run for the previous month depreciation it is poting Revaluation amount in the GL i have given in AO90
But it is not posting anything in the Depreciation.
I have also tried to do fresh run for the next period it is not posting in the Depreciation for revaluation.
Then i tried to post the amount in ABAW with
"Proportional revaluation of annual ordinary dep." column. When i post it with repeat run, it has posted amount correctly.
This value of "Proportional revaluation of annual ordinary dep." is getting posted to the respective Depreciation and Contra Account.
Q: But when we run the depreciation for the next period, depreciation is calculated only on the Old Value but not taken into account the Revaluated amount.
Ex: NBV before Revaluation    : 1000 (depreciation per month : 100)
Revaluated amount                      100
NBV after Revaluation            : 1100
According to our requiremnt the depreciation to be posted in the new period should be equal to 110. But the system is posting only 100.
How to post 110 depreciation.
Thanks in Advance
Rayala

You can set up a virtual Area which is a Calculation of the two area you have then this can post the Difference for Depreciation only.
I have done an excercise similar to this so if you need further informaton let me know.

Revaluation asset

hi good evening,
how to configure revaluation asset please send configuration steps.
regards
suresh
Moderator: please observe the [forum rules |/thread/931177 [original link is broken];and do NOT request material to be sent. Thread locked.
Edited by: Karl Helm on Jul 17, 2008 12:49 PM

Please check the screen shots for the end of the message to the top.
Configuration for ZLIN- depreciation key.
I tried to create base method same like standard 0011 with Dep. below NB Value zero in “YES”, and I received error no: ACRSL017. I search it and it isn’t that the problem, because in other chart of depreciation I have same situation and the depreciation is correct.
Parameters for ZLIN
MD asset
Thanks a lot for help,
Valentin

Revaluation assets

Hi Guys,
I am configuring the revaluation assets process, but when I try to execute AR29n transaction I get the error related to transaction type. I am using 700.
What transaction type should I use?
Is there any configuration that I need to do?
Thanks

Hi,
Please check if the Standard documentation helps you:
Asset Accounting - Special Valuation - Replacement Values (general) Indexed Replacement Values - Post Revaluations and New Valuations Click on 'Configuring Revaluation Transaction Types':
'Create a new transaction type in Customizing for financial Acocunting by choosing
Asset Accounting -Transactions - Acquisitions - Define Transaction Types for Acquisitions.' (corresponds to transaction AO73)
Additionally:
'The revaluation posting is not acquisition, but you need to create it in an acquisition type transaction group so that the report immediately updates the G/L account.'.
step 2:
'Limit the transaction type to the depreciation area where revaluations
In Customizing for FI, choose Asset Accounting - Transactions - Acquisitions - Define Transaction Types for Acquisitions.
Limit Transaction Types to Depreciation Areas.'
This corresponds to transaction OAYA.
For this new transaction type you have to post with ABAWN.
Please follow the procedure described above to create the corresponding transaction type and use this new transaction type.
Additionally, the new transaction type is for new valuation with considering the depreciation. A 'pure' revaluation transaction type only considers the APC values. Thus, the new transaction type does not show up within the transaction for revaluation customizing.
Regards Bernhard

Stop depreciation for an Asset

Hi,
I understand when we create a asset master, the number of life years and the depreciation key are copied from the asset class it belongs to.
However, the finance side requires to pause depreciation for a asset, or they could want to stop depreciation for this asset, and how do we go about doing it? The situation now is that this asset already have depreciation posted.
I appreciate any help.
Thanks

You can use the asset shutdown functionality so you can pause the depreciation for a given period of time.
AS02 > Time dependent tab , click the asset shutdown. In case asset shutdown is not available, check spro and customise fixed asset master data.
Hope this helps.
Regards,
Robert Sayo

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

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.

Calculation of Depreciation for Group Asset

Hi Experts,
I am getting a problem while doing depreciation for group asset
Ex: 80,000; Rate 10%
total depreiaiton p.a is Rs 8000/-
as per the Indian standards if it is below 180 days it should take Rs 4000/-, but in my system it is showing Rs 3333.33
my depreciation start date & capitlization date is 01.11.2007.
Regards,
Satya Vani.

Dear,
Reshma.
Looking at your Questions let us take explanation for Group Assets :-
1 ) We need to create new different asset class for Group Class in OAOA. Then permit the depreciation area for only Group Asset in OAYM as it is in your current scenario India is Depreciation Area 15 Just select your company code in OAYM and check the Grp Asset field for respective area 15. Then go to OAAX here we have to maintain the assets classes particularly for Group Assets. So check your Group Asset classes for Group Assets. Cerate different Group asset classes for your said requirement.
In these depreciation areas, it is then possible to make an assignment to a group asset. You make this assignment in the specifications for the depreciation area in the asset master record. When you post an acquisition to this kind of asset, the system duplicates the line items from this depreciation area on the given group asset.
2 ) According to me you have to create different depreciation keys for Group Asset classes. Assign the Depreciation keys to your newly created Group Asset Classes in OAYZ and make sure you are deactivating 01 area which is Book Depreciation area.
3 ) As far as I know this is the only functionality available to handle Group Assets. How ever SAP does not have any standard Group Assets functionality. SAP does not supply asset classes to be used solely for group assets. It is we have to determine as per varying Business Process.
I hope this will clear your doubt makes you to understand. Please revert back for further clarification. Welcome you.
Regards,
Pankaj A Bhalerao.
Edited by: pankaj_ab on Feb 3, 2010 8:26 AM

In oneasset class i have created 2 assets by using of aso1 after that i acquired one asset for that i run the depreciation for first 5 periods, it has been showing depreciation for those period but if i am trying to run the depreciation for second asset i

in on asset class i have created 2 assets by using of aso1 after that i acquired one asset for that i run the depreciation for first 5 periods, it has been showing depreciation for those period but if i am trying to run the depreciation for second asset it is not showing first 5 periods why it is not showing? Is there any reason?

Hi
Repeat run you can do only for the last depreciation period. For the asset which you are tryin to post depreciation from July to Jan, please check the asset value date which you have given while posting the transactions or in the asset master.
If the asset value date is in July, then deprecaition from July - Jan will get posted in the current month depreciation in total. You will not be able to post depreciation individually month wise using AFAB.
REgards
Malathi

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

Depreciation on revaluated assets

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