Fixed Assets transaction commit

Depreciation runs for fixed assets are not committed until the end of the run. Therfore, if there is even one error, the user needs to run depreciation again for all assets. This can be very time consuming if the installation has 200+ assets.
Depreciation run should be commited at intervals or by asset class (this implies the JE entries are also split)

Yes, I agree with you this commitment for depreciation runs should be separated per asset class  or even down per asset as this will make it easier and faster to run the depreciations and correct if neceessary

Similar Messages

  • Problems with Mass Changes of  fixed assets (Transaction AR31)

    Hello all,
    I have the next problem: I am trying to make a massive update of fixed assets , by means of the transaction ar31, but the system goes directly  to the transaction so01 .
    That I must do for being able to execute the transaction of normal way?
    Thanks.

    I think the same, but I don't understand :
    <i>for a simple change better use BDC to tcode AS02.
    -> you can use transaction-recorder SHDB</i>
    I was investigating and I managed to deactivate wf,  now I can execute the transaction, but not successful. The system show the next message " They do not exist responsible for task " and when checking the customizing the fixed assets (OAWF) the task have a responsible.
    So I do not know that to do.
    I hope you can help me

  • 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

  • Purchase Order and Fixed Asset Module.

    Hi all,
    I want to print my purchase order of fixed asset for record purposes.  But the thing, I can't link purchase order or any of A/P documents to my fixed asset.
    Meaning, if A/P invoice has been added into the system, it will not update my fixed asset master data.
    Therefore, I have to use PO for printing, since there's no way to print Fixed Acquisition as a document. By doing this, i need to maintain both Item Master Data and Fixed Asset Master Data with Fixed Asset items, which i find tedious.
    Is there a solution for this, like perhaps there's a way to copy info from PO to FA acquisition, or Posted A/P Invoice that contains Fixed Asset item will be linked to FA Acquisition, or perhaps there's a way to print FA Acquisition (like a PLD) that i am not aware of?
    Please do help.
    Thanks upfront!
    Rgrds,
    Kevin
    Edited by: Kevin Lau Sieh Huo on May 20, 2008 7:25 AM

    Hi Kevin,
    I am afraid to inform you that the print layout function is not
    supported for Fixed asset transactions such as acquisition.
    As you mentioned, if you want to use it as PO document, you will need to create PO in business one since no integration is realized between Purchasing in business one and acquisition in Fixed asset addon.
    If you think this will have critical impact on your business process, please post your requirement in our SAP Business One Product Development Collaboration.
    /community [original link is broken]
    Please refer to SAP Note 1028874
    https://service.sap.com/sap/support/notes/1028874
    Regards,
    Ivy Zhang
    SAP Business One Forums Team

  • Partial retirement in fixed assets

    Hi,
    we are having one strange fixed asset problem.. today we have processed all the fixed assets transactions from january to may
    2000.. we did a partial retirement of an asset in dec 2001.. like we had 4 units of it and we retired 1 becaz it was stolen..
    the transaction worked in december everywhere (like in fixed assets, general ledger)..now in 2002 this transaction is there
    in fixed assets but not showing in General ledger so our fixed asset is not matching with general ledger.. so can someone
    suggest that where we did the mistake??? any help will be highly appreciated..please let me know if i'm not clear enough
    becaz i'm new to oracle finance...
    Thanks.
    Sandeep

    Hi Experts,
    can anyone help me how can i identify what account i should be set-up in Account Determination of Fixed Asset
    (Administration> Set-up> Fixed Asset> G/L Account Determination):
    i am using SAP BUSINESS ONE 2007 A (8.00.181) SP:00 PL:47
    1) Retirement: Net Method
    a.) Sales Revenue for Asset Sales Net
    b.) Asset Retirement with Exp. Net
    c.) Revenue for Asset Retirement Net
    2) Retirement: Gross Method
    a.) Leave with Expense Net Book Value
    b.) Leave with Revenue Net Book Value
    I can not run the Retirement of Assets because this part was not been set-up
    and Please do sent me also the copy of PDF to my e-mail.. thanks..

  • Fixed Asset web based tool

    Hello SAP Guru,
    Is SAP provides a webbased tool for fixed asset transactions. If yes, can you provide me a link for documentation. Sorry as I cannot find anything in the net.
    Thanks!
    Jhero

    Hi,
    there is no general web based tool for FI-AA transactions yet.
    The only web based function in regards to transactions in FI-AA is the functionality for Internal Service Requests in Asset Accounting, you can find more about this in the SAP Help Portal @ https://help.sap.com/saphelp_erp60_sp/helpdata/en/01/57e23cab43ba5be10000000a114084/content.htm?frameset=/en/4f/71db6644…
    Regards,
    Markus

  • Fixed Assets - Depreciation Run - Error -10 (Transaction Without Amount)

    Fixed Assets - 2007A 8.00.00.07 Depreciation Run.
    Error
    "The depreciation run 100000004 failed and has been cancelled.
    Error -10 (Transaction Without Amount).
    Cannot work out what is causing this.

    Hi,
    Check your selection criteria once again. From your error message I can presume that you have mentioned about your original amount for calculating depreciation value.
    Check have u missed any field which related to amount.
    M. Senthil

  • Fixed Asset conversion :Transaction AS100

    Hi guys,
    Have any one used AS100 for fixed asset conversion. Is this option  better than LSMW. How the excel file is sorted to special format.
    Thanks.
    Saeed

    Cons of using AS100: -This method is suited for transferring small datasets, such as a few hundred fixed assets. The system can process a maximum of 5000 rows.
    SAP recomments to use Standard excel format.
    Link of SAP help, which gives excel format, etc.http://help.sap.com/saphelp_erp2004/helpdata/EN/70/93a417ecf411d296400000e82debf7/frameset.htm
    Regards
    Sridevi

  • How to get historical currency rate for second group currency transactions in Fixed Assets

    Hello,
    My client had MXN (Mexico Currency) as a legal currency and when the company code was implemented (went live) group currency was not implemented. After 3 years this company code implemented second local currency as USD and is now a USD functional Company. When Fixed assets movements such as depreciation, retirement etc are posted; the postings in local currency is fine but postings in group currency is not fine the reason is the exchange rate for group currency must be 'historical rate" but instead of that the entries are being posted in "current rate". To rectify this issue we need to set the exchange rate as the historical rate. Now my question is where/how can I get the historical rate (rate when asset was acquired/purchased). When the assets were acquired the amount was in MXN and there was no maintenance of USD exchange rate as there was no second local currency so then how can I get the historical exchange rate for USD. Most of the assets were acquired/purchased before 5-10 years then how can I find the USD exchange rate for those periods.
    Thanks,
    Rinki

    It is necessary yo have a different rate type for average. The month-end rate type cannot be used.
    The M-rate type is typically the month-end rate.

  • Fixed Asset Sale through SD & AA Module

    Dear All,
    While selling the fixed asset, carried out the following procedure. Is it correct?
    In India, we need to pay excise. Due to this, the asset which is required to be sold, needs to be created as a material.
    Following steps are carried out -
    a) Material code created under Material Type Finished Goods with Sales View. Value of the asset which is to be sold is put in as a Standard Price.
    b) For sale, created inventory of the Finished Goods ( which is created for the asset) by way of Initial upload.
    Accounting Entry - Finished Goods -
    Dr 25000
                                   To Initial Upload -
    25000
    c) Now, through SD , created PGI i.e.Post Goods Issue.
    Accounting Entry -
    FG COGoods Manufactured -
    Dr 25000
    (Exp Account)
          To Finished goods               25000
    d) Billing Document Created
    Accounting Entry -
    Customer Account -
    Dr   17996.16
        To Sales Offsetting A/c                  15000
        To Cenvat Suspense                        2400
        To Cenvat Suspense                           48
        To Cenvat Suspense                           24 
        To CST Payable                               524
    Excise Document Created
    Cenvat Suspense A/c -
    Dr   2472
               To BED Payable                      2400
               To E.Cess Payable                      48
               To Hr E.Cess payable                   24
    e) Now carried out Asset Accounting Transaction
        ABAON - Asset Sale Without Customer
    Accounting Document created
    Sales Offsetting Account -
    Dr 15000
    Loss on Sale of Asset            Dr   9996
    Accumulated Depre               Dr         4
         To Asset Account (sold asset)               25000
    I m not sure on the initial upload & FG COGM effects. Whether I carried out correct process? Whether the accounting effects are correct?
    Pl help. this is very urgent
    Thanks in advance,
    Gov.

    Rakshith,
    You are using Asset Sale Clearing Account for credit istead Non-valuated material. Your the Asset is your "stock material".
    please also check:
    Sale Of Fixed Assets from SD
    Sales Order For Asset Sale
    regards

  • 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 doesn’t affect to fixed
    asset values from the 01 depreciation area and vice verse to post there this provision. But The system doesn’t 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

  • Fixed Asset year-end Closing

    Hi!
    We are about to execute Fixed Asset Closing (trans code AJAB), which is a pre-requisite before closing FI. What FI closing is this? Is it the trans code S_ALR_87003642 (Open and Close Posting periods) or the F.16 (Balance Carry Forward)?
    Also, FI-AA module allows two fiscal years being open. We are following the  Fiscal Calendar period being Dec 2006 is our last month period for year 2006. We are now in new Fiscal Year 2007. Is this means that is it okey not to close Fiscal Year 2006?
    Thanks for your inputs.
    Roberto

    Hi Robert,
    AJAB closes the year in the sub-module and prevents postings with assets in it. Also, changes in the depreciation keys and useful lives of the asset doesn't touch posted depreciation in closed year. You have to close the year in the sub-module (AA) before closing it in FI.
    You have to close the FI periods in S_ALR_87003642 separately for asset accounts (type A). However, if you close with AJAB, you cannot update asset accounts for closed year as you cannot post with any asset in it.
    Transaction code AJRW in AA is analogous to F.16 in FI.
    Yes, you may not close 2006 yet as the current year is 2007. But you have to close 2005 already, if you have not done it yet.
    Regards, Lyubomir

  • Question on fixed asset reports

    Hello all,
    I work in the real estate accounting department of a large retailer. At quarter/year end we are required to prepare a set of workpapers to support the fixed asset ledger and related P&L accounts. Currently, we are using the following reports:
    To support asset account activity:
    S_ALR_87011967 – Asset balances by site
    S_ALR_87012050 – Asset acquisitions
    S_ALR_87012052 – Asset retirements
    S_ALR_87012054 – Intracompany asset transfers
    To support P&L account activity:
    FBL3N – G/L account line items
    The problem we are running into is that, for example, impairment losses are processed by retiring all the assets of the company and reacquiring them at the new fair market value. The net difference is the loss on impairment. Unfortunately, it shows up in our reports as a very large retirement followed by a very large acquisition. These need to be netted together on our schedules for the auditors. The problem right now is that we don’t have a good detail report to find impairment retirements/acquisitions, for when we select “list assets” in the retirements or acquisitions report it gives a hierarchical style report, which is almost impossible to export and process in Excel.
    So, my question is really twofold. Firstly, is it possible to turn off the hierarchical setting of a retirements or acquisition report when “list assets” is selected? Ideally, I'd like to see all the same data on a single row.
    Secondly, my real dream report would be more of a standard general ledger with a beginning balance, activity, and ending balance for the period that I could use for all my balance sheet and P&L accounts. I’ve tried using the FBL3N report for the balance sheet accounts and it works okay, but I haven’t been able to figure out how to get it to show the transaction types from the fixed asset ledger. I read something in another post that talked about using the BWASL field to show the transaction types, but I wasn’t able to locate it in the available fields list. Do I need to do something special when I run the report?
    Thank you so much!

    Hi Andreas,
    Thanks for getting back to me so quickly!
    I thought a custom query would probably be best. I'll need to request access to the transaction before I can try it out, but I'm sure I'll have a bunch more questions to bug you with when I do!
    Thanks again,
    William

  • Fixed Asset - A/P Credit memo

    Hi All,
    Is any body knows how to raise A/P Credit Memo for an item defined as fixed asset? 
    What are the things we need to take care of before raising the A/P credit memo for fixed asset item?
    thanks
    SV Reddy

    Hi Yogi,
    The scenario is like this.  I have accidentally added a fixed asset into the system, for that an A/R Invoice is already raised in the B1 system.  for that I like to raise a contra which is A/P Credit memo.   so that will reverse the transaction.
    please reply
    thanks
    SV Reddy

  • ABST2 Error while doing Fixed Assets Closing

    Hi,
    I've run into an error of 0.01 in account 161370. I need to get past this or write off the difference in order to close the year..
    Note: For 2008 Fixed assets closing i have executed ABST2 transaction now in this July-2009.When i execute ABST2,i am getting the below report.
    CoCd  Acct no.   Year S  1st local difference 
    3000  161370      2009                   0.01-                
    Differences between assets and G/L accts in the balance carried forward
    Message no. MQ555
    Diagnosis
    Differences occurred in the balance carried forward when comparing asset summary records and G/L accounts.
    Procedure
    Using program RFEWSBAL, select the accounts for which differences occurred. To do this, proceed as follows:
    1. Changeover package: Active package
    Phase: ANALYZE
    Origin of change: AS
                Proceed
    1. Analyze the accounts containing errors using note 104567.
    If the document number field contains the entry "W004", this means that although a difference exists in the balance carried forward, this difference was charged off at the key date. Following local currency changeover, the system adjusts the currency differences at the key date only, but not in the balance carried forward.
    If the entry "W004" exists for all affected accounts, the status is set to warning instead of error. If the correction at key date described above proves sufficient, you can continue changing over the local currency without additional adjustments in the previous year.
    However, SAP does recommend that you make corrections in the previous year in line with note 104567 since this ensures that the balance carried forward is also reconciled.
    Kindly Help me in this regard
    Suvarna

    Hi,
    I've run into an error of 0.01 in account 161370. I need to get past this or write off the difference in order to close the year..
    Note: For 2008 Fixed assets closing i have executed ABST2 transaction now in this July-2009.When i execute ABST2,i am getting the below report.
    CoCd  Acct no.   Year S  1st local difference 
    3000  161370      2009                   0.01-                
    Differences between assets and G/L accts in the balance carried forward
    Message no. MQ555
    Diagnosis
    Differences occurred in the balance carried forward when comparing asset summary records and G/L accounts.
    Procedure
    Using program RFEWSBAL, select the accounts for which differences occurred. To do this, proceed as follows:
    1. Changeover package: Active package
    Phase: ANALYZE
    Origin of change: AS
                Proceed
    1. Analyze the accounts containing errors using note 104567.
    If the document number field contains the entry "W004", this means that although a difference exists in the balance carried forward, this difference was charged off at the key date. Following local currency changeover, the system adjusts the currency differences at the key date only, but not in the balance carried forward.
    If the entry "W004" exists for all affected accounts, the status is set to warning instead of error. If the correction at key date described above proves sufficient, you can continue changing over the local currency without additional adjustments in the previous year.
    However, SAP does recommend that you make corrections in the previous year in line with note 104567 since this ensures that the balance carried forward is also reconciled.
    Kindly Help me in this regard
    Suvarna

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