Fixed Asset: market value
Hi All!
Due to IAS we must post an special provision:
when the inmaterial fixed asset value market is minor than fixed asset net value we have to post a provision by depreciation (in order to reflect the possible loss when we sale it)
This provision does not affect the fixed asset countable net value. So that provision don't have post in 01 depreciation area. But:
1- when we sell the assets the provision must appear in the sale affecting to the benefit or loss.
2- I need to know the provision for each fixed assets. That's why we need SAP shows its in FI-AA area.
With the transactions under Manual Value Correction folder (fixed asset menu) the fixed asset net value is modified.
We've tried to implement a second area doesnt affect to fixed
asset values from the 01 depreciation area and vice verse to post there this provision. But The system doesnt allow that (message error number AC528)
Do have more ideas?
Thank You in advance
Hi Vijay, thank you for your answer but...
It seems that Transferred Reserves is used to sell a fixed asset and transfer the benefit to other asset (If I've undertood right)
I put an exemple to fix the question:
I adquiered a fixed asset by 1.000 euros (a building) in 2005
- Deprecation key: LIND (Str.-line) / Use Life: 10 years
In 2007 my building on second hand house market is valuated in 500 euros (minor than fixed asset countable net value 800 euros).
So I must post a provision by depreciation by 300 euros. That post does'nt affect to fixed asset countable net value (is just a provision). My fixed asset countable net value is 800 euros.
In 2010 I sold my asset by 1.000 euros. My fixed asset countable net value is 500 euros. So my profit is 500 euros. Then I must to reverse the provision post in 2007 .
I need to post that provision related to fixed asset but without affect to asset net value, to reverse that in the asset sale.
Thank You very much
Francesc
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I understand the issue you are facing is that
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Time AppID ExtID Sev Scope Message
2008-01-29 13:02:55.678 0 BA ER CBAMasterDataTransfer::CBAMasterDataTransfer Year Values: INVK001;Z-007-IKA;Handycam Sony;;2005-01-31;;;;;;;;7247000;;;100;2005-02-01;48;25;LINP;166679896;;1/1/2007;690;23;;;;200;2005-02-01;48;25;D20;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
2008-01-29 13:03:00.037 0 BA ER CFrmMasterDataTransfer::FormPutData Exception caught!
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