Depreciation reverse ( urgent)

Hi
If I have done the depreciation run , and now I want to reverse the depreciation of one of the assets then how can this be done?
Please advise ASAP
Good points will be rewarded for useful answers.
Thanks

hii u can do the deprecaition reverse by abo8 before it had been posted to Fi
try this out....
another requirement is u have an option to select particular asset and carry out a deprecaition run on AFABN.
under parameter for test run give the asset number under main asset number so that you will be doing deprecaition for that asset only....
hopw it helps u...
assign points if useful
sejal singh

Similar Messages

Depreciation run- urgent

Hi Friends,
Depreciation Isssue - urgent.
Our company follows Fiscal year 2009, current period is 3.
I have purchased new asset in current period 3/2009.
and I posted manual depreciation under ABMA t.code.
When I run depreciation for the same asset in AFAB with selection of planned depreciation. giving error as u can't post in specified period. Period is open.
I run in repeat run also, when I executed through repeat run , it is showing as Repeat run possible in 12 period fiscal year 2008.
After manual depreciation posted, which one has to select to run deprecaition in AFAB.
Regards,
RAM
Points will be assigned ...urgent

Hi Nadini,
Yes, 2008 fiscal year is open.
and I purchased asset in period 3 in fiscal year 2009.
Dep key is manual dep key.
plz reply...
Regards,
ram

Asset with Investment Measure; Depreciation reversal

Hi,
An asset is created with investment measure(through settlement of WBS) in 11/2008. In the same month it was depreciated fully.
Now the users want the depreciation to be reversed. The fiscal year 2008 is already closed.
Is there any way, the asset is brought back to its original APC value and to reverse the depreciation entry?
Since the asset is created with Investment measure, it needs to be done through settlement of WBS only.
Appreciate your help
thanks
srinivasa vepa

When you created the investment measure it created 3 transaction types like:
II1
JI1
KI1
It is possible to change them or create new ones, I can not test this in our system, perhaps you can.
To do this use the transaction: SM30 and View Cluster TABW_ALL. (this is the same as transaction OA81 but on this way you can create/change transaction types)
Copy an existing one to a Z version with the following values
Transaction type grp 52
Credit transaction
Document type AF
Do not post to Afiliated co
Post net
I used this option only as Credit transaction. (I dont know if 52 is working with credit)
Test it first in your Sandbox/ development system

*Depreciation reversal with conversion in Parallel Currency Dep Area*

When we creat depreciation run in version 4.6c (RABUCH00) the program performs a batch session and post depreciation entry in Company Code currency -in our case-(GBP) and parallel currency (USD) as, entry should be
posting key GL A/c                        GBP USD
75              Accumulated Depn A/c   76GBP    38USD
40              Depreciation Exp A/c      -76GBP   -38USD
entry is posted in other depreciation area (which is opted for posting) in dep area currency USD.
We are observing a issue where the entry for a particular
asset is actually posted as
posting key GL A/c                        GBP USD
70              Accumulated Depn A/c   76GBP     1USD
75              Accumulated Depn A/c -38GBP   -1USD
50              Depreciation Exp A/c     -76GBP   -1USD
40              Depreciation Exp A/c      38GBP     1USD
hence my query is
1. Why for a particular asset amounts are getting reversed.
2. Why these amounts are not converted in parallel currencies when we change GL layout of parallel currency.
SAP OSS Note No. 0000733192 RABUCH00 and parallel currencies with value 0 has relevant documentation on this topic but it fails to explain why this happens in particular asset.Can you provide any explanation ? Thanks.

Hi Hui Bin Liu,
How did you solve this?
I have that same issue right now and can't figure how to solve it.

Variable depreciation portion-urgent

Dear all,
my client has asked for shift wise depreciation. For that in valuation and in determining depreciation area in the asset class, i have to fill the variable depreciation portion. But variable depreciation portion is not activated. it is in grey colour. Please tell me how to make it active. it is urgent.
Will award good points.
Thanks in advance,
Regards,
ar

Hi
If it is an Indian Company we have already Shift wise dep defined by the Companies Act,Please check with your Customer.
Hari

Goods Reversal Urgent...............VL09

Dear All,
I have tried to do the reversal of stock that I wanted to transfer from one plant to another (via Stock Transfer Order Process). The purpose of doing this is I want to make separate delivery documents instead of single delivery. Now I am not able to do the reversal because system is showing the error that is u201CAccount 58012000 requires an assignment to a CO objectu201D.
Now the material is in transit.
Please guide me to solve the Error.
Regards,
Sachin

Hi Sachin,
You have a cost account defined in accounts determination (OBYC). But every cost account must have a cost object associated (internal order, cost center, and so on).
You must decide what is the cost object to 'receive' the cost value on the account.
Go to OKB9, insert the account (can be plant dependant) and the cost object, then repeat GR.
Then check out the financial documents for you to have an ideia.
Thanks,
Raja

Reversal-urgent!!!!!!!!!!!!!!!!!!!

We have created PO,and goods reciept has been done.How the user says there is no invoice to be recieved on this and the payment is made to the vendor thru FI as an expense.now we wnna reverse that goods reciept.Mass reversal...of the FI documents of Goods reciept i.e gr to grir but shouldnot effect MM as material is already consumed.
Pls help

Hi,
The Best Practise is :
Goods Receipt --> LIV (MIRO) --> Payment to vendor. Now in your case, if i presume the FI Invoice (FB60) is generated and payment is done. Meanwhile from the stores the GR is also done.
My recommendation will be to reverse the FI invoice and then LIV
or else
If u want to reverse the GR the Tcode is MBST....
Rgrds
Sandeep
Assign pts if useful

WBS Element reversal - urgent

HI
I want to reverse the settlement for the current period (i.e 05 )because it was closed once, now we want to reverse. in CJ88, i am trying to reverse, it displays the error message as ""sender is opned or closed - settelment is not possible""
posting period for 04 is closed and 05 is running.
please guide me for alternative ways.
Regards
Krishna

The WBS element which is the sender here might have the systen status as CRTD/CLSD/DEL, hence the error.
Are you sure if you have values to be settled on these WBS?
Regards
Sreenivas

Excise reversal urgent

hi Suresh Shenoy,
GR is made,invoice also parked.Excise invoice captured and posted.now he wants resverse all the documents.
stock was moved frm quality to unrestricted.In our business it is not possible move the stock frm quality to un restricted.If u want cancel GR u need to use return delivery-122
now tell me how to do it?step by step procedure.

Hello,
As i understood that in your case, the GR is done in two steps
i mean first you have kept under Quality inspection and then after you have received the whole quantity into unrestricted stock (i.e, into unrestricted use stores), fine for your requirement
If you want to cancel /reverse the whole process, first you need to cancel the parked invoice document and then
the goods receipt has to be reversed. Under excise laws, that means you are no longer entitled to the CENVAT credit (that means, in sap you have to reverse CENVAT posting correspondingly).
Follow the steps:
1. Cancel the parked invoice document (t.code: MR8M)
2.Reversing the goods receipts. (t.code: MIGO)
The system:
->Creates a reversal document to cancel the goods receipt
->Creates additional entries in Part I of the appropriate excise register to reverse the original entries
->Changes the excise invoice document status to In process.
3.Reversing the CENVAT posting: (t.code path)
Indirect Taxes -> Procurement -> Excise Invoice -> Incoming Excise Invoices -> Individual Processing -> Change/Display/Post/Cancel.
The system:
->Creates an accounting document to reverse the CENVAT postings
->Creates a corresponding entry in Part II of the appropriate excise register
4. Cancelling the Excise invoices (t.code path)
Indirect Taxes -> Procurement -> Excise Invoice -> Incoming Excise Invoices -> Individual Processing -> Change/Display/Post/Cancel
5.If your plant does not allow multiple goods receipts per excise invoice, you must also cancel the excise invoice.
->The system changes the excise invoice status to Canceled.
->If, however, you do allow multiple goods receipts per excise invoice, you do not have to cancel it. If you want, you can leave the excise invoice as it stands. Then, if you receive another delivery of goods for this excise invoice, enter the excise invoice number when you post the goods receipt.
Hope this will clarifies you,
Reward, if it helps,
Regards
Srin.K

Reversal of Depreciation posted already in a closed financial year

Hi
I met with a scenario , where in a financial year 2009 ( Apr to Mar) I acquired an asset on 01.04.2009. The whole year depreciation was run and posted. How to reverse the posted depreciation, a) for the entire year b) for a selected period.
Thanks and Regards
Jaswanth Kumar

Hello,
Reversal of depreciation is not possible. You could refer below post which would address the same:
Re: Depreciation Reversal
In the same link, you would able to find further links which would explain in depth.
Regards,
Jaymin R. Bhatt

How to reverse the posted depreciation for a particular period..?

Hi Experts,
Please solve my problem, that my client users are changed the depreciation key in last month as per legal requirement. While changing the depreciation key they select the wrong depreciation key and run the depreciation in AFAB. But after running the depreciation they came to know that amount is wrong because of the wrong depreciation key. So now they want reverse the entry for last month only and post the new entry with changed depreciation key.
Please give me advise how to reverse depreciation for only Last month. That should effect the all previous posting.
Regards
Narendra

Hi,
Depreciation Posted of only of the Previous Fiscal years
can be reversed using ABZU Write-Up.
ABZU -->Reverse the Past
Dep. For current depreciation reversal you have no alternative except reversing
co code depreciation document posted using OAGL and then repost it.
Regards

Reverse the depreciaton

hi kings
What is the procedure of depreciation reverse. I want to reverse the depreciation for whatever i posted earlyer of particular asset.
regards
sri

Hello
Check AB08 transcation
try this too
http://help.sap.com/saphelp_46c/helpdata/en/c6/f3c212f94d11d2964d0000e82debf7/frameset.htm
As a work around solution:
Create a new asset with the correct details
b.Transfer posting withing company code. From wrong asset to correct asset
c. If need be then write up or write down the value of the asset, depending on the need (or)
pass journal voucher for the difference in depreciation
Reg
*assign points if useful

Asset value for Credit memo

Hi Experts,
I'm new to this forum, Need some help on how the Ordinary depreciation calculated for credit memo.
It is Valuated Goods receipt, asset capitalized before the IR. However, there was a difference in value between GR/IR and the different value automatically got adjusted in APC transaction and also credit memo passed for the difference.
My question here is credit memo value is 2.46 but corresponding depreciation value is 22.14.
Note: It's a Low value asset, useful life is 1 Month. Entire depreciation already posted for GR Value which means more than APC value.
GR value           : 1192.20 -----
APC value         : 1189.74------
Ordinary dep     :   1192.20---
(posted value)
Thanks,

Hi Mukthar,
Thanks for your reply.
However, the credit memo value is only 2.46 USD, depreciation getting reversed each month 2.46 USD and total depreciation reversal value is 22.14 (USD).
Just want to understand the logic behind it.
Thanks,

Year-End Closing Asset Account - AJAB

Hi,
While executing year end closing for fiscal year 2005, system gives following error message :-
"Depreciation not posted completely"
Since, there is unposted planned depreciation in period 12 / 2005, system is not allowing to close the year.
But since the financial year 2005 has already been closed, we can not open it back due to other legal issues and financial impacts, user wants to have any other work around solution to close the year 2005 without posting the depreciation.
Please send us your ideas or expert comments.
Thanking you in advance.
Thank You & Best Regards,
Naresh B. Pandya

Hi,
At last we opened FI Year 2005.
We run the depreciation for 12/2005 (31/03/2006), posted depreciation reversal entry on 31/03/2006 to nullify effect on B/s and P&L account and the same was reversed on first day of next fiscal year i.e. 01/04/2006.
Regards,
Naresh

Asset Capitalization error

I have created an asset Master by AS01.capitalization date is 2.5.2009, first acquisition date 2.5.2009. I already posted a entry to the above asset. In the fiscal year asset balance it is showing asset APC value and depriciation value. now I want to do change the capitalisation date to show in the fiscal year 2011 (1.4.2011).Is it possible to change the above fiscal year in the asset master data (Capitalization date/ first acquisition date). because i want to calculate the depriciation in the fiscal year 2011.
please tell me the solution,
Thanks in Advance

Hi
If your capitalisation date is 02.05.2009, depreciation should have already been posted from 02.05.2009 till 2011 Fiscal year right?
You can go and tamper the original depreciation start date in AS02 - Depreciation area tab. System will reverse all the depreciation posted till date and calculate depreciation from the date you specify now.
The problem you will have is, you have to take the hit of depreciation reversal for all the past periods pertaining to this asset in your current month ie the period you specify as depreciation start date.
Change the dates and check the planned depreciation values in AW01N
Malathi

Depreciation reverse ( urgent)

Similar Messages

Maybe you are looking for