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

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    RAM
    Points will be assigned ...urgent

    Hi Nadini,
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  • Asset with Investment Measure; Depreciation reversal

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  • Variable depreciation portion-urgent

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    Hi
    If it is an Indian Company we have already Shift wise dep defined by the Companies Act,Please check with your Customer.
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  • 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.
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    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).
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    Thanks,
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  • 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.
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    Hi,
    The Best Practise is :
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    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""
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    The WBS element which is the sender here might  have the systen status as CRTD/CLSD/DEL, hence the error.
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  • 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
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    ->Changes the excise invoice document status to In process.
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    ->Creates a corresponding entry in Part II of the appropriate excise register
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    Indirect Taxes -> Procurement -> Excise Invoice -> Incoming Excise Invoices -> Individual Processing -> Change/Display/Post/Cancel
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    Reward, if it helps,
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  • 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.
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    Change the dates and check the planned depreciation values in AW01N
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