Group Assets Post Capitalization

Hello Gurus,
I had attached an asset xxx to the group asset 111 for post capitalization. The closed fiscal year is 2007. The capitalization date for both the group asset 111 and the asset xxx in the asset master I had put in as 11/30/2007. now when I try and do a post capitalization in the year 2008, the system does not calculate the depreciation for the period 12 in the year 2007 to be posted as the value adjustment in the year 2008 (as yr 2007 is closed)
Where as for the other asset yyy which is not attached to the group asset, the system calculates the depreciation for period 12 and posts the amount as the value adjustment in the yr 2008.
I have checked the configuration and I does not see any thing remaining to be done. Does any one have any idea in this regard.
Thanks
Amit

Hello, Thanks for a quick reply, but
Few of checks you can do:
(1) post-cap check box was checked during creating the asset xxx -
Not checked for asset yyy as well but getting calculated for it
(2) asset xxx posted with ABNAN - Yes
(3) correct deprec key with period control in the cap year (period control should not indicate to start depreciation from next year) - Same depreciation key for asset yyy as well, getting calculated for it
(4) Optionally, you can post unplanned depreciation ABAA to your asset xxx for year 2007 in year 2008.- Client does not want to do that.
Please see if there is any other way
Thanks
Amit

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Asset Post capitalization.....

HI Experts,
Please clarify me on the below issue...
1. Asset post capitalization means, if we forgot to capitalized asset for the closed fiscal year, then we have procedure to capitalize those assets... that will be calling as post capitalization of Asset..
Am i right?
2.Is it possible to create a sub asset (post capitalization asset) with the same capitalization date of main asset?
If it possible, is the system will calculate depreciation from the beginning?
Thanks in advance
satya

Dear,
Post Capitalization is for.....
Post-capitalization represents subsequent corrections to the acquisition and production costs of a fixed asset. An example of when you need this type of correction is if you neglected to add expenditures and costs linked with the acquisition or assembly of an asset to its APC in a fiscal year that is now closed.
2.Is it possible to create a sub asset (post capitalization asset) with the same capitalization date of main asset?
Yes.
And it must calculate depreciation from that date.
Regards,
Chintan Joshi

Group Asse Posting

I have created one group asset when i am trying to post one asset acquisition through F-90 getting an error showing that 'Asset is a group asset: posting with transaction type 100 is not allowed" Please help me to solve this issue

Hi
Before you create a normal Asset master, you need to create a Group Asset using AS21, so that when you create a normal asset, you can link that normal asset to already existing Group Asset
All the different types of asset are clubbed under one group asset and each group asset will have its own asset class and depreciation Key.
1.Financial Accounting >Asset Accounting > Valuation >Group Assets >Specify Dep Areas for Group Assets
Transaction Code - OAYM - Here we specify the Dep area relevant for Group Assets
Select each company code and mark depreciation area 15 as relevant for group assets
2.IMG Menu Financial Accounting  Asset Accounting  Valuation  Group Assets  Specify Asset classes for Group Assets
Transaction Code OAAX - Here we specify the asset classes relevant for Group Assets.
3.In AFAMS, define the Depreciation rates to be used in depreciation keys.
4. In AFAMA, define the depreciation keys to be used
5. IMG Menu Financial Accounting  Asset Accounting  Depreciation  Valuation Methods  Period Controls  Define Calender Assignments
Transaction Code OAVH
Configuration Purpose Here we define the Period controls to be used for IT depreciation. As per Indian IT Act, if asset is purchased during Apr-Sep, full year depreciation must be provided. Else, half year depreciation must be provided. Following settings will ensure the same
You can create Group asset through t-Code AS21
and before creating a normal asset your Group asset should have been created as, each normal asset is to be clubbed to a group asset for Income Tax depreciation.
Hope it helps..
Regards
Praveen P C

Difference between post-capitalization and write-up of an asset

Dear Experts,
Kindly explain the difference between post-capitalization and write-up of an asset in SAP.
Regards
Komal

Hi Komal,
Post Capitalization means correction of the value of an asset, which is either set too low due to not carrying out a capitalization in the past, or which is treated entirely as expense.
where as Write up is the reversal of past depreciation and write-up is necessary either when the depreciation posted was too high or when the reasons for unplanned depreciation no longer exist.
Regards,
Venkata Raju

Post Capitalization in asset master creation

Hi
sapers
what is use of the post capuitalization field in asset master creation if any one know pls explain with exampls
Thanks in Advanse
Ram

Hi:
Acquisition date is the date at which asset was acquired and capitalization date is the date at which asset is given value i-e cost is posted to asset. For post capitalization button in AS01 please refer to the link given
Post Capitalisation
Regards

Post-Capitalization of Cash Discount for Asset

Hi,
We are in ECC 6.0 and have activated Document Splitting.
Further, have provided asset field in Define post capitalization of cash discount to assets in Document Splitting of SPRO.
After the both, my expectation is to see the entry as stated by SAP in the scenario of Post-Capitalization of Cash Discount for Asset.
But unfortunately, the discount amount is not being capitalized on the payment date, but is being posted to cash discount account.
Kindly let me know what mistake i might have carried for this.
Thanks and Regards,
Purna.
Scenario: Posted invoice for asset purchase using F-90 with payment terms as 2% cash discount if paid within 15 days.
Assume: Asset purchased on 06.01.2012 and as per the payment term if paid before 20.01.2012 i will get 2% cash discount.
Have made the payment to vendor using T-code F-53 on 10.01.2012, even though i see a cash discount is being calculated as required, but the account is an cash discount received account. Instead, what i was expecting is the asset account.
Hope, my question is being clear and i will look forward for a reply.

Hi,
Please check your config below.
IMG->FA->AA->Transactions->Acquistions->Prevent Subsequent Capitalisation of discounts...
If the indicator is set for your company code, system will not capitalised the subsequent discounts.
Regards,
Srinu

Related to post capitalization of assets

hi friends,
i am tryind to do the ABNAN(Asset transaction -post capitalization), when i entering the current date as original value date it throwing the error "The date entered is not in a closed fiscal year" and if i am trying to enter the 2006 date i.e. last fiscal year it throws the error as below
SYST: Error when caclulating fiscal period --> F1
Message no. AA655
Diagnosis
An error occurred while determining the fiscal period 00000000 in period version Z1.
Procedure
There are three things which could lead to this error:
1. The period version Z1 allocated to the company code has not been created. In this case, you should create the period version.
2. The period version has been created, however the allocation of calendar dates to the fiscal periods has not been correctly performed or in particular with calendar-dependent period versions has not been completely performed. Check whether the date entered 00000000 for period version Z1 has been maintained and enter the missing period.
3. The calendar date 00000000 is invalid. This is a system error. Contact your Systems Specialist.
can you please help me out and this is very urgent for me.
Thanks nd Regards
Deva
Message was edited by:
DEVENDRAN DHANAPAL

Hi
Pls run the depreciation run AFAB again. The system should post the depreciation on remaining assets. Even after this you are not able to post depreciation, then use manual depreciation to post the depreciation using t code ABMA
Pls assign points if the information is useful to you
Regards
Sanil Bhandari

Asset A/c'g- group assets

Dear frds,
Pls explain me the **only Group Asset Configuration - GL A/c's - Asset Creation- ** steps and also the fields what we have to give in the steps. I will assign points to U. Need each & every step & field.pls watch the following and give me.Pls dont give the links.
1.Copy Ref CODor Dep Area.
2. Delete other than Book Depn & Spl Tax dep.
3. Asset Class( A/c det,screen layouts,no range).
4. What GL a/cs should create?
5.Assgning the GL a/c's which fields we have to give.
6.Determine Dep area in Asset class - which check box I have to select.
7.----
8.----
9.----
10.----
11.----
12. AS21- which fields i have to give.
13. wher I have to link the Normal Asset to the group Asset ?
14.----
15.----
Thanks in advance.
Rajan.

follow these steps,
1. copy chart of dep: t.code : fc08
2. delete depriciatin areas
3. assign to company code; oaob
4.specify account determination, create screen layout rules
5.define number ranges; as08
6.define asset class ; oaoa
here you have to give no ranges, account determination for all asset classes.
7. determinine depriciation areas in asset classess; oayz
now you have one idea about your asset configuration. now before further, create your gl accounts for each asset depriciation, gl for asset loss, gl for asset profit on sales.
8. now you have to assign accounts for postings; a090
goto each account determinatin and assgin relavent gl accounts in all cloums
9. specify document type for posting depriciation
10. specify rounding figures of net asst book value/depriciation; oayo
11. define screen layouit for asset master data, depriciation areas, define base methods, multilevel methods etc.,
12.you have to maintain period control methods for dep run and maintain depriciation keys
13. now you should have one asset, so create one asset maser record; t.code as01, post the purchase transation by f-90
14. now you have to run the depriciation by t.code AFAB
GOTHROUGH AL THESE SETTINGS
before that decide abut your asset classes, create gl a/cs and then start from the first step,
regards,

Post Capitalization

Hi,
Can any one tell me the difference between Capitalization date and Acquisition date in asset master creation (AS01).
What is the effect of "Post-Capitalization" radio button in AS01, first screen.
Thanks,
sravankumar
help.sap.com and F1 on the fields

Hi:
Acquisition date is the date at which asset was acquired and capitalization date is the date at which asset is given value i-e cost is posted to asset. For post capitalization button in AS01 please refer to the link given
Post Capitalisation
Regards

Link-Group Asset Class, Depreciation Area & Depreciation Key

Dear Experts,
I am new to FI-AA Customization & have a basic query about Group Asset Concept.
I am working on Ecc 6.0 & for Country India.
I want to create Group Asset for calculation of Depreciation as per Income Tax Act. Hence there is just one Depreciation Area (for Group Assets) , but the Depreciation keys are different. E.d IN1, IN2 etc. (Country Version India)
Now the questions are :
1) Do we need to create different Asset Class for different Group Assets or to create just 1 Asset Class for all Group Assets.
E.g. I want to calculate Depreciation As per income Tax Act on Gross Block of Building, Furniture & Fixture, Motor Car, Vehicles etc. So I need to create separate Group Asset Class for each one of above or just to create one Group Asset Class.
2) If we need to create just one Asset Class for all Group Assets; how to maintain a Depreciation Key in OAYZ as there are more than 1 Depreciation Keys?
3) is there any other method / functionality to calculate Depreciation as per income Tax Act or Group Asset is the only functionality?
Thanks & Regards,
Reshma

Dear,
Reshma.
Looking at your Questions let us take explanation for Group Assets :-
1 ) We need to create new different asset class for Group Class in OAOA. Then permit the depreciation area for only Group Asset in OAYM as it is in your current scenario India is Depreciation Area 15 Just select your company code in OAYM and check the Grp Asset field for respective area 15. Then go to OAAX here we have to maintain the assets classes particularly for Group Assets. So check your Group Asset classes for Group Assets. Cerate different Group asset classes for your said requirement.
In these depreciation areas, it is then possible to make an assignment to a group asset. You make this assignment in the specifications for the depreciation area in the asset master record. When you post an acquisition to this kind of asset, the system duplicates the line items from this depreciation area on the given group asset.
2 ) According to me you have to create different depreciation keys for Group Asset classes. Assign the Depreciation keys to your newly created Group Asset Classes in OAYZ and make sure you are deactivating 01 area which is Book Depreciation area.
3 ) As far as I know this is the only functionality available to handle Group Assets. How ever SAP does not have any standard Group Assets functionality. SAP does not supply asset classes to be used solely for group assets. It is we have to determine as per varying Business Process.
I hope this will clear your doubt makes you to understand. Please revert back for further clarification. Welcome you.
Regards,
Pankaj A Bhalerao.
Edited by: pankaj_ab on Feb 3, 2010 8:26 AM

Calculation of Depreciation for Group Asset

Hi Experts,
I am getting a problem while doing depreciation for group asset
Ex: 80,000; Rate 10%
total depreiaiton p.a is Rs 8000/-
as per the Indian standards if it is below 180 days it should take Rs 4000/-, but in my system it is showing Rs 3333.33
my depreciation start date & capitlization date is 01.11.2007.
Regards,
Satya Vani.

Dear,
Reshma.
Looking at your Questions let us take explanation for Group Assets :-
1 ) We need to create new different asset class for Group Class in OAOA. Then permit the depreciation area for only Group Asset in OAYM as it is in your current scenario India is Depreciation Area 15 Just select your company code in OAYM and check the Grp Asset field for respective area 15. Then go to OAAX here we have to maintain the assets classes particularly for Group Assets. So check your Group Asset classes for Group Assets. Cerate different Group asset classes for your said requirement.
In these depreciation areas, it is then possible to make an assignment to a group asset. You make this assignment in the specifications for the depreciation area in the asset master record. When you post an acquisition to this kind of asset, the system duplicates the line items from this depreciation area on the given group asset.
2 ) According to me you have to create different depreciation keys for Group Asset classes. Assign the Depreciation keys to your newly created Group Asset Classes in OAYZ and make sure you are deactivating 01 area which is Book Depreciation area.
3 ) As far as I know this is the only functionality available to handle Group Assets. How ever SAP does not have any standard Group Assets functionality. SAP does not supply asset classes to be used solely for group assets. It is we have to determine as per varying Business Process.
I hope this will clear your doubt makes you to understand. Please revert back for further clarification. Welcome you.
Regards,
Pankaj A Bhalerao.
Edited by: pankaj_ab on Feb 3, 2010 8:26 AM

MANUAL DEPRECIATION FOR GROUP ASSET

dear sap gurus
i want to post manual depreciaiton to an asset which is attached to a group asset
could anyone tell the ways to do it please
regards
srini

Hi
Please check Transaction Code: OAYM - Specify Depreciation Areas for Group Assets
Thanks and Regards
P.V.S.R.Gupta

ABNAN- Asset Posting Captitalization

Dear All,
I am try using ABNAN for changing the asset value.
The asset was capitalized on 2013.09.08.
After runing ABNAN, i enter Orig. Value date with 2014.06.08.
It pops up the error message AA566.
I want to know if the Orig. Value date must be in previous year? Meanwhile Tcode ABNA can run with no errors.
What is the difference between ABNAN & ABNA? Very appreciated for your help!!!
Cheers,
Jill

Hi Jill,
please check your business process. The post capitalization is to be used once you had an expense posting in the past, which should have been capitalized on a fixed asset. The value date to be entered has to be in the past so that the system can determine the portion of expense which has to "remain" and the incorrect consumed expense which will be caught-up by a revenue posting.
In case the original posting has been done in the current (open) fiscal year, the system offers the possibility to reverse the original process and re-process it correctly to capitalize it as fixed asset.
In case your original value date is in the current year you can use transaction ABZON to post multiple acquisitions in one transaction.
Regards,
Markus

Asset Posting as unplanned

Hi All,
When we try to post unplanned depreciation for assets SAP is not allowing as it is a group asset. We need unplanned depreciation as the planned values are not as per requirement.
Also, how do we transfer profit and loss GL account balanes to P&L
Pl suggest me
Raju

Use ABMA and post unplanned depr with relevant transaction type.
Regards,
Alok

Revenue from post-capitalization from transaction ABNAN

I am working for a local governmental entity, and I am trying to add assets to our system that should have been recognized as acquisitons in previously closed fiscal years. I understand that the transaction I should be using is ABNAN, post-capitalization, however; a problem that I'm running into is, after I post the transaction and perform the next step, transaction ASKB, to post full and contra accrual account postings, I get the following error message: "Revenue from post-capitalization could not be found". We do not have that account set up, nor do we think it's applicable. These are not donated assets from outside our organization, these are simply assets that did not get captured through our normal acquisition processess. Is there a way to run transaction ABNAN and not get this message? Might this be something that can be changed through configuration? Thanks for your help.

Thanks for your help and information Kartik. We are almost done with this being resolved. In the process of creating the assets using AS91 we are encountering an error message regarding the Date of the Legacy Data Transfer. This date is currently 06/30/05. Since we want to use a capitalization date of 06/30/07, is there any negative impact on changing this transfer date to 06/30/07? Changing the date in a test environment allows us to proceed but I wanted to make sure there were no negative impact since we are not familiar with the purpose of this date.

Group Assets Post Capitalization

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