Fixed Assets - Depreciation on inactive fixed assets
Hi,
We have retired items after initial asset take on due to the customer wanting to change their numbering series.
The items have been retired and are shown as inactive, but when executing a depreciation run it still calculates depreciation for these items.
Now we gather that we did the retirements while in transfer mode and this might be the reason.
Any ideas as how to fix this?
We are running on FA PL80.
Thanks
Jacques
Hi
Th reason for this is that retirement (scrapping) is calculated
as netbook value - less planned depreciation from the start fiscal year
until date of retirement) disregarding depreciation runs for the
period
Note 1162647 it does not explain this particular scenario
but in general refers that retirement is based on calculation on
planned annual values
Example:
Fixed asset values
start fiscal year 2008 (start 01/01/2008) is 1200
the useful life is 24 months = 50 to be depreciated per month
last depreciation run was for period 01/2008 , meaning the
netbook value was after that 1150 =(1200 - 50)
Then post retirement (total scrap) on 01/06/2008
The system will do retirement for the values calculated for the year
950 = (1200- 250 ) being 250 = 50 * 5 months (from start fiscal year
until date of retirement)
The depreciations will also being calculated and executed from
start fiscal year until date of retirement)
If this is not the case, I am afraid that you have to log a message on Sap portal for the assistance.
Similar Messages
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[B1-V9] Cancel automatic depreciation run/Fixed Assets
Dear Expert,
Could you please let'us know how to cancel automatic depreciation in fixed assets
Depereciation : Depreciation run
Possibility to cancel capitalization: yes
Version: 9 , PL:09
Thank you for your feedback
Kind regards,
MedHi
Below is the SAP Note for Cancel Depreciation.
1974682 - Posted Depreciation is cleared after Captalization is canceled
Symptom
Posted Depreciation in Fixed Asset Master Data ->Depreciation tab is cleared after Captalization is canceled.
Reproducing the issue
Prerequisites:
Enable Fixed Assets is ticked Administration->System Initialization->Company Details->Basic Initialization.
Scenario:
1. Define a Fixed Asset
2. Create AP invoice (Purchasing AP->AP Invoice) or Capitalization (Financials->Fixed Assets->Capitalization) for fixed asset and planned depreciation for each month is 100 for example
3. Run depreciation to post depreciation for this asset, for example 400 is shown in 'Posted Depreciation' column in Fixed Assets Master Data ->Depreciation Tab
4. Cancel the document you have created in step 2 via Data->Cancel
Actual behavior:
In fixed asset add-on: The posted depreciation remains in the 'Posted Depreciation' column in Fixed Assets Master Data ->Depreciation Tab
In Business One version 9.0: Value in 'Posted Depreciation' column in Fixed Assets Master Data ->Depreciation Tab is cleared.
Cause
Behavior change.
Solution
In Business One version 9.0, there are three status for asset master data, which are "New", "Active" and "Inactive". If the status of the asset is "New" after its first capitalization is cancelled, no data would be shown in the grid in Asset Master Data's Depreciation tab. But users can still run depreciation again to clear the posted depreciation.
And In Business One version 9.0, users can define the default behavior when canceling the first capitalization document via Document Settings form -> Per Document tab, and choose Capitalizatindocument -> check box 'Deactivate Fixed Asset After Capitalization is Cancelled'. If this check box is chosen, the status of asset master data will be "Inactive" after its first capitalization is cancelled, otherwise, the status will be "New".
With Regards
Balaji Sampath -
Hi all,
I'm trying to upload the Active Fix Asset to the SBO (no new).
for example:
item: FixAsset
Useful life : 48 (month)
Remaining Life: 12 (month)
APC(Historical cost): 10000
Accumulated Ordinary Depr.: 7500
So Value Balance: 1500
and Life Balance : 12 month
I have tried to Import active ITEM by Excel ,follow this link : Importing Fixed Asset Master Data from Microsoft Excel - SAP Business One 9.0 - SAP Library
every time recieve the message :
Cannot import asset "fixasset"; a new asset's useful life and remaining life must be the same in depreciation area "AFA"Hi,
Please check SAP note:
2001876 - The system does not consider the Salvage Value nor the
Remaining Book Value when you import assets
Thanks & Regards,
Nagarajan -
Fixed Asset and Depreciation method in SAP B1 2005B
Hi All,
I want to know what is the method by which we can do depreciation for fixed asset in SAP Business One 2005B.
Looking for a postive response from all.
Regards,
KawishHi Kawish,
The system supports the following forms of depreciation:
u2022Ordinary Depreciation
u2022Unplanned Depreciation
u2022Special Depreciation
And for the depreciation methods:
Straight-line
Immediate writeoff
multilevel method
declining-balance method
special depreciation
You can get more helpful documentations through partner portal:
Solutions-> SAP Business One-> Solution Overview-> Documentation
Resource Center-> SAP Business ONe Add-ons 2005-> Fixed Assets
Regards,
Candice Ren
SAP Business One Forums Team -
Fixed Asset calculates extra period for Depreciation
Hi All,
I have imported the Fixed Asset for 2007B for the Year 2010. while checking the import, i notice that the system calculates an additional period for depreciation.
Here is my scenario :
a. Asset Cost = 15,863.12 (purchased on 31-May-2007).
b. Useful Life = 36
c. Remaining Life = 4
The above are displayed according to import file.
At the Depreciation Tab, there are 5 rows of planned depreciation calculated. Period 01 to Period 05.
How can the system calculates 5 periods when there is only 4 remaining periods for the asset?
This happens to all the assets being imported.
Please advise.
JessieFurther information.
The Net Book value = 1762.94
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So the remaining 4 periods should be calculated as = 440.735 (per month for 4 months).
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The Fixed Asset is setup as Monthly Basis.
Using Straight Line Mehtod = Net Book Value / remaining life. -
Fixed Asset: Current Year Depreciation
Dear Experts,
Previously, fixed assets was managed manually in an excel sheet and depreciation was calculated manually in the excel sheet.
My client wants to start using the FA Addon in March. I managed to import all the fixed asset master data with its Cost, Acc. Depn and NBV. They all tally with the GL balances as at 31.12.2010 which is the last day of the accounting year.
However, I have problem with the current year accumulated depn figure. When I run depreciation for Jan-Feb, the figure does not tally with the GL balances as at 28.02.2011.
For example:
Fixed Asset Cost: $5,859.00
In SAP B1
Depreciation method: Straight-line depreciation
Calculation medthod: Percentage of Acquisition Value
Percentage: 33.33%
Planned monthly depreciation: $162.77 <-- Not sure how B1 get this figure
Therefore, accumulated depreciation for current year as at 28.02.2011 = $325.54
Manual via Excel
Depreciation method: Straight-line depreciation
Calculation medthod: Percentage of Acquisition Value
Percentage: 33.33%
Accumulated depreciation for current year as at 28.02.2011= ($5,859 x 33.33%) / 12 x 2 = $325.47
How do I get the current year depreciation to tie with the GL?Hi Joyce,
I understand the issue you are facing is that
accumulated depreciation for current year as at 28.02.2011(calculated by Fixed assets addon) = $325.54,
but
accumulated depreciation for current year as at 28.02.2011(calculated by excel)= ($5,859 x 33.33%) / 12 x 2 = $325.47
you want to know how system calculate the accumulated depreciation as $325.54?
in order to make it clear,
please let me know how did you define the FA master data,such as the net book value,useful life,remaing life and so on.
Please check the FA master data->general tab and calculation tab,as it is not possible to attach the screenshot to show the relevant data,please log a SAP message for the further assistance.
Kind regards,
Eleven -
I have created Fixed assets Report , but our auditors would like to see separate Prior YTD Depr in separate column and current book Depr in separate column , right now Prior year YTD depr amd Currrent year depr showing in column Amount Curreny column,
but I would like to show that amount in net column and Current book depr by each to accum and show in where I have $ 710.95 amount , can some one help me how can I change my query to come up what I am looking for, I really need to fix this for
our auditors, and donot to show the details by each month, any help will be really appreciated, you guys are so good, I wish I know more about Sql,
my Query is below
SELECT ASSETTABLE.NAME, ASSETTABLE.ASSETTYPE, ASSETTABLE.QUANTITY, ASSETTABLE.UNITOFMEASURE, ASSETTRANS.TRANSTYPE, ASSETTRANS.ASSETID,
ASSETTRANS.TRANSDATE, ASSETTRANS.DIMENSION2_, ASSETTRANS.AMOUNTMST, ASSETTRANS.ASSETGROUP, ASSETTRANS.DATAAREAID,
ASSETTABLE.UNITCOST
FROM ASSETTABLE INNER JOIN
ASSETTRANS ON ASSETTABLE.ASSETID = ASSETTRANS.ASSETID
WHERE (ASSETTRANS.DATAAREAID = N'AR1') AND (ASSETTRANS.TRANSDATE >= @Paramfromdate) AND (ASSETTRANS.TRANSDATE <= @Paramtodate)
thanks in advanceI don't think I understand exactly what the ask is. What field allows you to distinguish between prior year and current depreciation? TRANSTYPE?
I think your data is fine. I would suggest using a Matrix instead of a table. Just set the column group to group on the field that distinguishes between current and prior year depreciation. Add all of the rest of your column outside the column group so they
are only scoped by your row group(s). You can add those columns either before or after your column group columns.
If you have a lot of work into your report already and don't want to create a new matrix which will require you to recreate the work already done on your table. you can convert the existing table to a matrix as described in this technet wiki article:
http://social.technet.microsoft.com/wiki/contents/articles/21184.ssrs-converting-between-tablix-controls-matrix-table-list.aspx
"You will find a fortune, though it will not be the one you seek." -
Blind Seer, O Brother Where Art Thou
Please Mark posts as answers or helpful so that others may find the fortune they seek. -
Error While Running Depreciation in Oracle Fixed Asset
We have uploaded assets in Oracle Fixed Asset from old system successfully.
Now we were to Run depreciation for the first time and
the first process Generate Accounts runs with error,
APP-OFA-48400: ORA-06550: line 1, column 7:
PLS-00306: wrong number or types of argum
Number of successes: 0
Number of failures: 0
Module Generate Accounts ended with error
and all the following processes completes with error.
Please help, what can be the problem?Hi
It seems that one of the patch has not been applied properly.
You get this error from the package FA_MASSADD_PKG, so you could put some debug to see where you get it exactly or check the patches where patch includes file FAMAPTB.pls.
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Bilal SARIOZ -
Error while running Depreciation Run in FIXED ASSETS
Hi All,
When i am running Depreciation program for any book in FIXED ASSETS (R12.1.3), I am getting following error...
FADEPR module: Depreciation Run
Current system time is 19-OCT-2011 17:59:42
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PLS-00302: component 'FAZCBCSOB' must be declared
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Can any one help on this please.
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Thanks,
Hussein -
Fixed Assets Add-On: Depreciation Calculation After Credit Memo
In the beginning of the year, I have a fixed asset as follow:
Cost $16,128,667.00
NBV $14,515,800.35
Planned Useful Life for this asset is 120 months.
In July this year, created a Fixed Asset Credit Memo for this asset at $1,110,942.92.
Originally, before the credit memo, the planned depreciation is $134,405.53 per month which is correct.
After the credit memo, it recalculates the planned depreciation to $124,119.04 per month. How did the system arrive at this figure?
Depreciation method:
Straight line
Full YearHi,
Based on NBV $14,515,800.35, minus Credit Memo $1,110,942.92, you got $13,404,856.43. The useful life is 108 based on NBV. So you get new planned depreciation to $124,119.04 per month.
Thanks,
Gordon -
Fixed Assets - Tax Book Depreciation Reset
Hello Fixed Assets Experts,
My company recently reorganized our parent company, and now has the following scenario:
Due to legal changes, we need to start over the useful life on our tax books (10 and 11) and restart the calculation of depreciation based on the net book value of the asset on 1/1/2008. Book 01 needs to continue as normal. We would like to use the current asset numbers and not transfer anything to new numbers. These are all of our FFE assets, so there are multiple depreciation keys and useful lives (i.e. computer equipment, property, etc). I have tried making custom depreciation keys and changing the useful lives to get the desired result, but can't seem to find a way to do it.
Here is an example:
Asset 1 (software), was capitalized on 06/30/2006 with a useful life of 3 years and has been depreciating since. It is scheduled for end of life in 2009. The net book value of the asset on 1/1/08 is 1219.97. I need to depreciate the 1219.97 over 3 years starting on 1/1/08.
Is this possible? We have not run our December 08 depreciation, but I am running out of options.
Thanks in advance!Do you working on ECC 6 and activate the option EA-FIN. In that case it is possible to use time intervale in the tab Depr Areas (click 2 times on the line). This should solve your problem.
See the wiki about new depreciation
https://www.sdn.sap.com/irj/scn/wiki?path=/display/erpfi/asset+accounting -
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,
BillyI 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. -
Doubt on Depreciation in Fixed Assets Module
Dear Members,
When we run depreciation we have an option to select the "Close Period" check box and Oracle Standard user guide says that "Depreciation can be run as many times as needed in the current period as long as it is not closed".
Now when we run depreciation by selecting the check box "Close Period" we can see the amount depreciated for the assets in the period.
Navigation we use to see the amount depreciated for the period is:
Fixed Assets Super User-->Inquiry-->Financial Information-->Books(B)
But if we run the depreciation without selecting the check box "Close Period" we cannot see the amount depreciated for the assets in the period.
Can any one explain us what is the reason?
If user wants to see the depreciation amount for certain assets before closing the period then where he can see the amount?
Thanks in advance for your valuable replies.
Best RegardsHello,
Steps:
a) Are you querying the Correct Asset?
b) Are you querying the Correct Asset Book?
If you have added a new assets in the same period and run the depreciation without checking the checkbox then the system will calculate the deprecation.
Please reply what is the question you need to ask
What is the actual problem r u facing.
Srikanth -
Fixed Assets: Changing Category, Depreciation, life
hi
i have an requirement where we need to change asset category, depreciation method, no depreciation and life(1 month). And want to make total depreciation to zero.
Ex:
Asset#A1 already depreciated some amount.
Original category X and degault rules are set to Depreciable.
Defined to new category Y and associate default rules to all CORP and TAX books to not depreciate.
Changed from category X to Y
Now after reclassification, it is depreciating entire amount of the asset and posting to current open period. As the reclassification does not default the new category depreciation flag, it is depreciating entire fixed asset cost immediately. I didn't run depreciation.
Now how do i change YTD depreciation to zero?
Thanks in advance for all your suggestions.....
Need it immediately.....Hmm, did you not test this out in a test environment first before doing this in production? Can you be specific on the choices that you made when you changed this asset? Maybe you chose to expense the adjustment in the current period rather than to amortize? Because you originally had it in a depreciable status, then changing it to new financial information, looks like it is choosing to expense the remaining asset cost immediately (which is why you are getting depreciation without having run depreciation). You may need to contact Oracle support at this point to find out how to best recover from this. Though if just one asset, you can just do a journal entry to reverse the depreciation. Then you would want to contact support to find out what is the best way in the future to make this kind of change. The documentation unfortunately does not address the kind of change you were making here. Doe show that it is important to get the depreciation setup correct before activating an asset.
John Dickey -
Fixed assets depreciation; Message no. AU 390
Dear Sirs,
recently when we're accessing a fixed asset by using the fixed assets browser ( AW01N) were getting the following message: <i>Values for Ordinary deprec. have changed in dep. area 40 in fiscal year 2007</i>. By following the messages suggestion were trying to re-calculate the depreciation of the specific fixed asset (for the specific depreciation area) by using the AFAR.
However, although during the simulation (test run) it seems that the fixed assets depreciation is being recalculated, without the test run flag were getting the following result:
<i>22.03.2007 Recalculate Depreciation 1
Selection not allowed in production run - program termination
22.03.2007 Recalculate Depreciation 2
Statistics
=========
22.03.2007 Recalculate Depreciation 3
Changed assets
With value difference over limit 0,00 0
From selected dep.area/acct grp 0
From selctd dp.area/acct grp over limit 0,00 0
Top asset
Totaling No asset found
From selected dep.area/acct grp No asset found</i>
Can you please advice us of the above? Is it possible (although it is just an information message) that this may affect us in future time (e.g. end of year process)?
Thank you in advance for your response.
Kind regardsHi,
In a Production run AFAR does not allow a restriction of the assets.
If you only want to recalulate a single asset, use AS02 and select "Recalulate values" from the Menu.
Kind regards
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