Fixed Asset import - Life Parameter

Hi All.
I'm attempting to import legacy fixed assets. In the log file I am getting a Life Parameter error.
Can you please check my logic and / or correct me.
End of Financial Year is 30/06/09 (2009-06-01) . Useful life = 48 months. Depreciation start date = 2009-07-01
I am attempting to upload a remaining life of 47 months
Capitalisation date = 2009-06-01
Depreciation Start Date = 2009-07-01
Remaining Life = 47
Have I got this right? Anyone have any ideas on what could be the issue?
Thanks
Peter

Hi,
The import functionality is mainly designed to import legacy data , meaning that user wants to have start of fiscal year values of a fixed assets with capitalisation-start depreciation date in a year earlier than fiscal year of the import
In your scenario, the Fiscal year of start depreciation is 2009 and you want to import values at start fiscal year of 2009, logically this
means that start depreciation date is not earlier than first day of fiscal year 2009, so the reamining useful life must be equal to total useful life.
For acquisitions in current fiscal year I would recommend to use the module 'adquisition' rather than import
I stronlgly recommend to visit in SAP Channel portal, Business One, SELF-HELP & LIBRARY, Financial Add-ons: There, under root cause , there is one item dedicated to Fixed assets problems and in particular to import processes.
Jose Antonio Castillo
SAP Business One Support Consultant

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Due to this issue, it is hard to explain how an asset was purchased on 01/01/2014, which have a use full life of 4 years, has depreciate completely in 2015. But if I check in its master data, I find out the capitalisation date is like in 6 years ego.
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Best Regards,
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Hi Cedric,
Capitalization date won't change it self after import. Check your import sheet which capitalization date you have enter. you need to execute fiscal year change and then import sheet.
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Post your sheet with heading for more understanding.
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Dear Experts
I have import fixed asset master, then when I created acquisition, I see the planned depreciation calculation quite strange,
SBO recognize usefull life as month, not as total depreciation month
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Hi Experts!
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Life Parameter: 1000123;Z0001;szoftverlicenc;155;2007-01-08;;;;LK100;;;;2080000;0;2080000;100;2007-01-08;24;1;LINHU;2060052;;;;;;;;200;2007-01-08;24;1;LINHU;2060052;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
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Only this item wasnt imported.
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Hi,
I understand the FA import only allow us to import starting from the beginning of the financial year (e.g. Jan 2010).
My question is what about fixed asset purchased after Jan 2010. My customer is going live on 1 Jul 2010. Does it mean they have to key in manually?
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There is a SAP note containing a work around whereby assets can be imported for the current financial year, you should find it by searching the self help.
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Hi all,
I have a problem caused by the validation of the import tool for fixed asset.
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Hi Michel,
Post the message to SAP Business One Partner Solutions (Add-ons) Forum
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1 - Is it possible to do it ?
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The forum you have posted your question in is for questions related to the SAP Business One SDK. Your questions seems application related to the Fixed Assets module.
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HI All,
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'' Import End; Number of imported asset: 0; Number of processed
assets: 0; Error: 1".
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Hi Johnson,
You may check more threads here for example:
How to import Fixed Asset Master File
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Check your import data carefully, one comma difference would result great difference.
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Hi Markus,
Sorry to come back to you regarding this question. Unfortunately we are not still on 6.0 so we can't take advantage of the new functionality.
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I´m modifying the useful life of some fixed assets and don´t have problems since it makes the amortization assessed since they are and it me re-calculates those who even remain.
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I'm trying to import old asset in SBO which have been totally amortized for end 1998, and it seems impossible to do it.These assets are used and net to be in the Assets Book with one resdual value equal to 1.
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Hi all,
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Thanks
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Mandatory:     Item Code = Asset Class; this Asset Class must be previous defined in the Asset Settings (don't change/delete anything in the item-master data - there are the Asset Classes Z-00u2026. Are stored
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     Remaining Life 01 = calculated in months (not years)
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     Unplanned Depr 01 = unplanned/extraordinary depreciation; this is the comulated value you can see in the asset history sheet from the old asset solution. When you have digits after coma please use dot for separation - don't use thousand separators; Example 23444.45
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     SpDpKey2 01 = Special depreciation; when you use special depreciation you have to enter this cumulative value in this field. This is an exeption in normal projects not needed
     SpDpAccu2026 = for further special depreciation accounts; This is an exeption
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The issue was because of the conflict of Depr. Start Date, Use Life and Remaining Life. After I corrected the data, it worked just fine. The note 876670 helped me to resolve this issue. Thanks to Adam at Toronto SAP Business one support for his expert analysis and suggestions.
thanks
johnson zavier
Edited by: Johnson Zavier on Feb 19, 2009 11:10 PM
Edited by: Johnson Zavier on Feb 19, 2009 11:20 PM

Error when importing Fixed Assets

Dear All,
Good day!
We are now importing the Fixed Assets into SAP Business One 9.0 PL 11 using the data import utility. I already made necessary setup. But when I import, a message prompts and tells "cannot import asset _____; a new asset's useful life and remaining life must be the same in the depreciation area". I ensure that the usefule life is match in the useful life of each asset group. Attached is the template I used and the format of column.
Thank you and Regards,
Ericka

Hi Ericka,
Please check below links.
Fixed Asset Mode
SAP 9.0 FIXED ASSETS
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Fixed Asset SAP Business One 9.0 Configuration
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Regards::::
Atul Chakraborty

Fixed Asset Errors

Please help...
I have changed all the parametres, but the error message stays the same. Does anybody know what the poblem could be?
2008-04-16 16:25:13.104      1     BA     ER     CBFResourceLoader::GetChildNode     <dbdatasources> node not found.
2008-04-16 16:25:13.756      1     BA     ER     CFrmMasterDataTransfer::FormPutData     Exception caught!
2008-04-16 16:25:42.351      0     BA     ER     CBAMasterDataTransfer::CBAMasterDataTransfer     Life Parameter: ;Z-0001;One;Two;2007-12-01;;;;;;;;6000;0;6000;100;2007-12-31;60;60;LINP;0;0;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
Regards

Hi,
If the problem relates to life parameter, it could be possibly caused by your fixed asset remaining life calculation is not correct.
See this formula:
Remaining life (months) =
Useful life (months) - (1st date of the import year - deprt. start date).
Example:
Useful life asset 100 months
asset is imported on : 2007-12-31
1st date of the import year : 2007-01-01
Depr. start date : 2006-01-01
Remaining life = 100 - (2007-01-01 - 2006-01-01)
                = 100 - (12)
               = 88 months
let me know if you need more detail and still fail to import
Rgds,

Fixed Asset import - Life Parameter

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