Fixed asset import with part month take on data:

Hello
I need to import FA from already audited financial statements.
The client wants us to import the assets exactly as per the Fin statement. I know that the remaining and usefull life is only in full months and works fine but once a asset from previous and was aquired midmonth it needs to be rounded up or down to allow for a full month. Is this correct?
Example:
Usefull life: 24 months
Cost: 240 000
Per month depreciation: 10 000
Year end acc depr 65 000
Year end 31 Dec 2009
Asset aquired 15 Jun 2009 - 6.5 months
How do I import the asset to refelect the exact value of 24-6.5=17.5 months as the remaining life as SAP does not allow non absolute values - only full months.
Any assistance will be much appreciated as they want exact matching on import to their Finacial statements

The import template can be changed to draw in the correct historical accrued depreciation.

Similar Messages

Fixed Asset Importation Issue (Capitalisation Date)

Hello experts,
I have an issue regarding fixed asset importation.
I've import the fixed asset master data correctly in the system, with it's correct capitalisation date, APC, depreciation cumulative value and everything else correctly in the master data. Under Administration --> Data Import/Export --> Data Import --> Import Fixed Asset Master Data from Microsoft Excel.
However, where the issue is, it's now on the fixed asset history sheet, where the capitalisation date, is defined as the first date of the fiscal year "01/01/2014". Where by none of these assets were purchased on that date. But everything else on the report is correct except the capitalisation date.
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.
Note: I'm using SAP Business One 9.0 PL11
Any suggestion, comment or help is highly appreciated.
Best Regards,
Cedric Kayitare

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.
If you have capitalization date for different years then you should have all period created and then year transfer.
In that case you will have to run depreciation from SAP for all corresponding year.
Post your sheet with heading for more understanding.
Regards,
Chintan

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

Fixed asset acquisition report by month?

Hi,
We're using the fixed asset acquisition report thru tcode 'S_ALR_87012050 '.
but there is only the report date input with the last day of the fiscal year concerned.
Is there any standard report to see acquisition amount with month-end or specific date?
Thanks for your help.

Chris,
I have just one more suggestion. Even though you have to use a yearend Report date for a closed prior-year, you could define a range in the Posting date selection criteria. In other words, if you would like to see the acquisitions for a given month or range of months in a closed prior-year, then give a 12/31/PY for the Report date and a specified date range in the Posting date selection criteria.
Hope this helps.
Thanks,
Chad
Edited by: Chad Busbee on Feb 8, 2008 2:56 PM

FIXED ASSET : Import FA in Foreign Currency

I'm trying to import FA which have been entered in foreign Currency (EUR & USD).
1 - Is it possible to do it ?
2 - If Yes, how could we do it ?

Jean-Jacques,
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.
While you may receive an answer here, you may be better and faster served by posting your question in the SAP Business One Discussion Forum at ...
SAP Business One Application
... or opening a message with SAP Support.
Eddy

Fixed asset import problem because of validation

Hi all,
I have a problem caused by the validation of the import tool for fixed asset.
Because the customer is using a depreciation method starting on the first day of the next period I cannot import the remaining life in months properly.
Here are the facts for my example:
- Fiscal year from January to December
- 36 months linear depreciation
- Import done on Jan 1 2009
- Asset bought in March 2008
- Start depreciation in April 2008
As per the validation in the import tool I need to put 26 months remaining but the reality is 27 months remaining.
What can I do to solve this issue?

Hi Michel,
Post the message to SAP Business One Partner Solutions (Add-ons) Forum
Regards
Jambulingam.P

FIXED ASSET : Import old asset in SBO ?

Hi,
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.
Is there any limits for importing old assets ?

post in SBO forum

Fixed asset import

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?
For asset purchased before Jan 2010, my depreciation start date should be Jan 2010, and the useful life should be equal to the remaining life. Do I need to date back my accumulated depreciation back to Jan 2010?
Thanks.

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.
For the system to calculate the correct book value, you should import the original cost and the accumulated depreciation to date

Fixed Asset Import fails

HI All,
I am getting the below error message when I import a fixed asset master data.
'' Import End; Number of imported asset: 0; Number of processed
assets: 0; Error: 1".
I have gone through SAP note 876670 which explains about this sort of errors and corrected the date format but still no luck. Can someone tell me if somethingelse need to be checked ?
Await your respnse
Thanks
Johnson

Hi Johnson,
You may check more threads here for example:
How to import Fixed Asset Master File
Fixed Assets Transaction: Transfer => Error
Check your import data carefully, one comma difference would result great difference.
Thanks,
Gordon

Fixed asset import failed for 1 asset but why?

Hi Experts!
1 assets wasnt imported to SAP, but no idea why.
The asset was bought on 2007.01.08, the import regards to 2009, so only 1 month is to be depreciated.
This is the log file:
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;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
Any idea what to do with it?
Thank you in advance!!

Only this item wasnt imported.
The last depreciation of this item is in the same month as the import regards, maybe this cause it?
But then what to write into the remaining deprecitation run..

File Naming with parts of names and dates (substrings)

I am trying to settle on a filenaming convention that Lightroom doesn't support, but does exist in Breezebrowser and in many database languages.
It is a function that allows using just part of one of the other available file naming elements, instead of the full thing. This helps keep file names shorter but still meaningful.
For example, one piece of the naming convention I'm trying for is just the sequential number generated by my camera, but without the camera specific designator. For file '_C8P7692', for example, I just want to use the '7692' part.
This could be accomplished if I could specify in the file name builder that I only want to use those characters. It would look something like:
SUBSTRING(filename,5,4), where 5 is the character I want to start with, and 4 is the number of characters I want to take.
This would also address some of the other feature requests for variations on the date formats built into the file name builder.
Paul Wasserman

You can do that one in LR easily.
Use "(filename or original) number suffix" instead of "filename".

Calculate Depreciation Forecast for Fixed asset

Dear all expert,
I'm new to ASO, would like to know if there's a way to do depreciation forcast for fixed asset in Essbase.
1. Database type is ASO
2. Assuming user will prepare forecast caplitialization of fixed asset then upload to Essbase
3. Attribute dimension "Useful life" has been defined and attached to specific "Accounts" dimension for calcluation
4. Need to calculate the forecast and spread of depreciation for future months
E.g. Input 32000 USD for a fixed asset cost with 32 months useful life
-> should calculate 1000 each month for the coming 32 months
Can any expert suggest how to do this in ASO? meaning only can do calculation in member formula itself, not calculation script.
Thanks for your help in advance,
Billy

I haven't used the feature, but the reference to 'local script_file' in the MaxL railroad diagram for the 'execute calculation' command suggests the location is relative to the client, if the semantics are consistent with the 'export data' command (the options for report scripts there are 'server' or 'local', although according to the railroad diagram there is no non-local alternative in this case!).
There is a worked example in a Rittman Mead blog post about this that might help: http://www.rittmanmead.com/2010/04/oracle-epm-11-1-2-essbase-calculations-on-aso-cubes-part-2-maxl-scripts-and-eas/
The DBAG also says that the script files should have suffix .csc, while the Tech Ref example has suffix .txt - helpful!! If they were actually meant to sit in the server's db directory, I would be surprised to find the .csc suffix used, since that is also the suffix for aggregation scripts. Although me being surprised doesn't mean much.

SAP fixed asset add-on. Not able to import master data using upload pgm.

Hi all,
I am trying to import fixed asset master data using an excel file into sap B1 2007a patch level 42. I am able to run the import transaction. It tries to process and then giving me a message ' Import end: Number of successfully imported assets: 0. Number of processed assets:2. We have looked at the event log file and couldn't find anything related to the upload. I have gone through other posts and didn't face this issue. Any hellp is apreciated.
Path which I am using to upload the fixed asset master master data: Administration --> Setup --> fixed asset --> import fixed asset master data.
Following points (see below) also taken into account while creating the master data sheet.
also replaced the ',' in the csv file to ';' before uploading and changed the fixed asset mode to 'transfer' in the administration --> system initialization > company detaills> basis initialization.
Thanks
Johnson zavier
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
     Description = Description of this Asset
     Capitalization Date = do it like this (YYYY-MM-DD). This columne must be a text format
     APC = Aquisition/Procuction Cost; when you have digits after coma please use dot for separation - don't use thousand separators; Example 23444.45
     Quantity = only mandatory, when you use the same assets stored under one asset number. Example you have ten equal chairs, so you can handle this with one asset number and quantity ten
     Dep01 = Depreciation area; this entry must be previous defined in the Asset Settings
     Depr Start date 01 = do it like this (YYYY-MM-DD). This columne must be a text format. The beginning must be the first of the month. Please compare it in this case with the capitalization date
     Useful Life 01 = calculated in months (not years)
     Remaining Life 01 = calculated in months (not years)
     Depr Type 01 = Depreciation Type must be previous defined in the Asset settings
     Ordinary Depr 01 = ordinary 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
     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
     SpDpAcc1 01 = Special depreciation account; when you use special depreciations and you have it to balance on special accounts fill in this account. This is an exeption - in normal projects not needed
     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
     SpDpKey.. = for furhter special depreciation values; This is an exeption
Optional:     Vendor Code = when using this please be aware that the vendor code is previous defined in the system
     all others = you can use if you want. The only limitation is the type/length of these fields
     When you are ready with your entries mark from the first free row on for instance the next 20 rows than right mouse key - delete rows. This is necessary to prevent that in the background are invisible signs
     After entering in this default excel all your assets, please save it as .csv file. (the grey message - relation to information of csv - please say yes; when you close than excel a furhter message - would you save.. - please say no now
     After entering all data please save it as .CSV file. First grey window (format information) please choose 'yes'. Second window (when you close this file) please choose 'no'.
     You have now a .csv file in hands right now for uploading into the fixed assets.
     This example you can use for a test-import based on the year 2004

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

How can we import Fixed asset of the current year ?

Hi ,
in 1272578 note , SAP Support explain that's it's not possible to create fixed asset of the current year( example = acquisition date = 2009-02-01 ) using import , but they gave no workaround .
does it mean that we have to manually create all assets of the current year ? or there is another way ( using DI-API for example ) ?
Thanks

Good day
The fixed asset master data import functionality in SAP Business One is used to import assets of the previous year. If you are to force the importation of current year assets some of them might load but system will not be able to calculate planned depreciation for that year, which will give u problems when u try to run depreciation forcing u to post manual depreciation.
With manual depreciation will not look good on the Fixed Asset Master since it sort of duplicate depreciation ONLY on the Master your report will be fine.
Capturing Current year assets manually will be the safer road.
Thanks
Louis

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
Import FA master data from Excel - SAP B1 9.0
Fixed Asset SAP Business One 9.0 Configuration
Hope this help
Regards::::
Atul Chakraborty

Fixed asset import with part month take on data:

Similar Messages

Maybe you are looking for