Insurance claimed against a retired asset

Hi all,
My client has retired an asset (scrap- stolen) in the last fiscal year.
Now this fiscal year he receives a insurance claim.
so when he is trying to pass a jv
loss on discard of asset-dr XX
insurance claim receiveable XX
sys. is not letting him do the same as asset is already retired.
any suggestions ?
points will be assigned.
regards
sri

hi aman,
but sys shows asset no . as mandatory field.
since the field status for that is g052, it is asking for an entry.
the solution, i thought is change the field status variant in fs00, n post the entry.
Is it right?
regards
sri

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Asset - insurance claim

dear sap gurus
client got an asset book value 900
depreciation 100
has got an insurance claim for 500
wants to post this income from insurance against asset
the entry he wants is
loss on scrap 400
insurance claim 500
asset 900
pleae provide the solution

Hi,
Assuming the opening balance as 800 [ 900-100],the entry should be:
1]Insurance Recievable        Dr   500
To Insurance [ Revenue] Cr   500.
Create subledger accts a/c appropriately and post them.
2].Upon reciept of the claim;
Dr.Bank 500
Cr.Insurance Recievable 500.
3]
Loss on disposal/W.off   800 [ P& L-Expenditure a/c;If you have already defined acct.determination,posting will go to this a/c.Otherwise create a subledger and post.]
To Asset a/c                  800.[ credit the Asset in the usual way]
The loss on the Asset and the insurance claim are altogether two different transactions.If you dibit Insurance [ as you have done],this will mean to be an expense /loss and thus a charge on the income;on the contrary the insurance is a gain here.
Hope this helps.
Regards,
Ramesh.

In Practice 30years and my entire network ,profiles,insurance claims reputation have been compromized by a ex. FBI has been notified

About a month ago I noticed changes on my computer such as passwords especially in Google changed every day. All my messages and contacts from about 13 sites stopped and I found some of them being exported in my yahoo account. I am a psychologist and do
electronic insurance on line and patient files. Also I am a author and most of my book is on my website and other places. All of my insurance $20,000 claims have been exported through I think a android phone which I found in my system. Most , destructive is
numerous emails I found in Microsoft word and my mail.com accounts. Some emails were to try to buy a car using my name. Some were inappropriate to other professionals and patients signed by me. I have not received an insurance check in four months. I am about
to lose my practice and please help me solve this ASAP. I have four Google accounts that I am locked out of some of them are 10 years old. All of my new patients come from a network called psychology today that connects with my five Google profiles and
I get at least two patient sent to me a day. I have not received a new patient from them in a month. I looked at my profile on P.T. and it said my phone number is no longer online nor on any Google sites. I have reported all this to FBI and Cyber crime
unit and Blue Cross. I am quite sure it is a ex. who lives in Miami. My latest site made on Google is the name of my book. I made it this month. I have attempted to get it back but another name email and phone number have been changed
on all my sites. Another phone number and name of taken ownership. All messages and copyrighted material as well as insurance claims radio station which were folders that he exported my entire network. Sharing permissions I cannot change
that allow him to send my information to his phone and computer. If someone can not help me my reputation ,online presence, financial means to support my son and all new patients have made it no longer possible to make a living. My emails are hacked so call
me I have money to take care of this problem. Please help me. Kristy Summers LCSW. {removed} my phone. My one account left because I make no money off it is on Face Book under Kristen Summers where you will see my email but notice the phone number is wrong.
It took 30 years to build all that I have and to have someone commit so many crimes and destroy my life is not fair. If you can not help maybe a suggestion of who can. Thank you.

Sorry to read this, but you have landed in wrong place. This forum is aimed at IT professionals.
From your contribution I guess that you are not very careful
and allow bad people to compromise you computer and data.
Ask a specialized company for help. As doctor cannot heal remotely, at least real doctors, we cannot heal your computer and your feelings.
Do not include telephone number, bank account, personal data and other sensitive data
everywhere in internet if you are not sure enough.... Think ten times when you respond to unknown people in e-mail communication as well as do not respond to known people when there is request for personal or bank data or at least something "strange".
Adapt security standards. Start here to have some insight into problem
http://en.wikipedia.org/wiki/Computer_security
Regards
Milos

How do I dispute a copyright claim against a video i made using a trailer in iMovie? The only content I used was the video I shot of friends daughter on a merry-go-round.IMovie had the music etc that I used.

How do I dispute a copyright claim against a video i made using a trailer in iMovie? The only content I used was the video I shot of friends daughter on a merry-go-round.IMovie had the music etc that I used. Here's the message It gives a number of options to choose from if I want to dispute the claim but I don't know which one this would come under. Several obviously don't apply and of the ones left I don't know which content that is in IMovie that I use comes under. "This video is my original content and I own the rights to it" "I have a license or written permission of the property rights holder to use this material" "My use of the content meets the legal requirements for fair use of fair dealing under applicable copyright laws" or "The content is in the public domain or is not eligible for copright protection."

You want to use the "I have a license..." option, since clearly the music is not yours, but Apple has granted you a license.
For your license, see this document, section 2.M. http://images.apple.com/legal/sla/docs/iMovie.pdf
For more on this irritating problem and why it is so hard to solve, see this article. (It is a problem for Final Cut Pro users as well.)
http://www.larryjordan.biz/app_bin/wordpress/archives/1842

If my iPhone was stolen and i didn't have FindMyiPhone app or MobileMe can I issue an insurance claim

If my iPhone3GS was stolen and i do not have a FindMyiPhone or MoblieMe app can i still issue a insurance claim

A warranty and insurance are two different things.
The iPhone one year limited warranty doesn't cover theft.
Apple - Legal
Reporting a lost or stolen Apple product
AT&T is your carrier, not an insurance company.
If you have home owner's or renters insurance, then the theft may be covered under that.

Material return-insurance claim

Dear ALL,
pl help in following scenario:
1) we have sold a material to a customer.
2) on way the truck met with an accident and goods got damaged.
3) these goods were taken back as sales return.
i have to take the insurance claim for the full value of material.
pl guide the config and process steps.
with regards
Ajay

If a customer returns goods , you must first determine whether or not a returns delivery exists for the returns in the Sales (SD-SLS) component. You then enter the return with or without a returns delivery.
Since returns from the customer are usually examined, the quantity returned is first posted to blocked stock returns. As is the case with goods receipt blocked stock, blocked stock returns are neither valuated nor do they count as unrestricted-use stock.
If an examination proves that the returned quantity should be taken over into unrestricted-use stock, you enter the transfer to unrestricted-use stock in a second step. It is at that time that the valuation of the goods receipt occurs.
If a returns delivery exists, the return should be posted in the Sales (SD-SLS) component, not in the Inventory Management component.
Depending on how Customizing for Sales is configured (the movement type is configured in the step Define Schedule Line Category), the delivery is posted to the following stock:
Blocked stock returns (non-valuated, not unrestricted-use) (movement type 651)
Unrestricted-use stock (movement type 653)
Quality inspection stock (movement type 655)
Blocked stock (movement type 657)
If the given quantity is posted to blocked stock returns first, you can make a manual goods movement posting in the Inventory Management component to transfer the quantity to valuated stock.
If blocked stock returns are to be transferred into your company's own stock, you enter the transfer as a transfer posting. Choose movement type 453 (to unrestricted-use stock), 457 (to stock in quality inspection stock), or 459 (to blocked stock.
If helps rewards points.
Regards
TAJUDDIN

Cost Center while retiring asset

Hello,
How can I change the cost center of a retiring asset to the asset assignment's expense account cost center instead of a default one and that too only for loss/gain?
Thanks,

hi
i am trying for reverse the posted depreciation using fbzp . But it showing error.
plz tellme which situation use the write up option?
thanku

If I bought a prepaid Verizon smartphone at Walmart, could I use it to replace a phone on my account that has run out of insurance claims?

My husband needs a new phone since I recently shattered his screen, however we are out of insurance claims on the phone so we cant replace it through that method. If I get an upgrade, I would have to change plans as my current plan is no longer offered. This is something I don't want to do. So if I outright buy a prepaid smart phone at Walmart, could I activate it with his number on our current account?

If you put it on prepaid for 6 months first, yes

While retire asset by scrapping -Unplanned depreciation positive in area 03

I am trying to retire assets by scrapping through ABAVN but getting error message - Unplanned depreciation positive in area 03.
Please help.

Hi,
Try following workaround to avoid error message AA638 : Depreciation -> Unplanned depr. -> define deprec. area (OABU)
Select the concerned deprec. areas and verify that the flag 'all values allowed' is selected.
When you set this indicator, this depreciation area allows unplanned depreciation with positive as well as negative values.
Regards,
Brigitte

My iPhone was stolen from me. I have an older one that I would like to activate while my insurance claim is processed. Can I do this?

My iPhone was stolen from me. I have an older one that I would like to activate while my insurance claim is processed. Can I do this?

Shouldn't be a problem, call customer service and they should take care of you.

HOW TO MIGRATE RETIRED ASSET

Dear experts,
May I know how to migrate asset which are already retired in Legacy system to a new SAP environment?
Please provide the detailed steps.
Thank you in advance.

Hi,
Why you want to Migrate the retired asset to from Legacy to SAP.
Retired asset will be having the Zero Value then there is no use to Migrating them in SAP.
If you really want them just for a record only then you have to Migrate them with minimum value like 1 Rs. this will always shown in Report.
Regards,
Shayam

No Response for Insurance Claim

I exchanged a washer and dryer set that was delivered on September 6th. My experience with Best Buy was great but the 3rd party delivery company was awful! One delivery guy, Ignacio, broke the water valves, scraped my wall, yelled at me and called me a "(removed per forum guidelines" to the other employees doing the delivery. Best Buy filed an insurance claim for the incident and I was given a contact name, phone and claim number. I have left 4 voice mails with Michelle (removed per forum guidelines) at Gallagher-Bassett and still have not been contacted for the claim. I have a brand new washer and dryer that is not usable due to the damage caused by the delivery service.

Dear CynthiaF,
When making those large purchases with us, you should have the peace of mind knowing that you are going to receive a world class customer experience in all steps of the process. I apologize this was not what you received. I can attest to the frustration that comes from not receiving return communication.
Typically, you should be contacted by Gallagher-Bassett (GB) within a few business days from the creation of your claim. You should not need to reach out to them proactively; however, I understand your haste in attempting to move this process along. Depending on when this process was started for you, I would recommend giving GB an opportunity to get in touch with you in regards to your claim.
The service you received from our third-party team is inexcusable. You should always be treated with the utmost respect and professionalism; especially when you are hosting us in your own home. Whether it's our Best Buy Delivery Team or our trusted third-party team, they should always be very careful with your new appliances and existing equipment. I have documented this information here at the corporate level.
If you don’t hear from them by end of day on Tuesday, please reach out to me here as I would be happy to look into this for you further. I hope you are able to enjoy your new washer and dryer soon!
Respectfully,
JD|Social Media Specialist | Best Buy® Corporate
Private Message

Insurance Claims

Hi
Scenario
The Client is a Steel company and they want to handle Insurance claims through SAP.
(ie) Losses happening to their company and they raise the insurance claims. How to handle this scenario in SAP?
Is there any module to capture ann documents and data in this process?
Kindly advise
Cheers
V.Krishnan

There is an industry solution SAP for Insurance. One component is Claims Management. It is used within insurance companies but also for "self-insurer" in larger companies from various industries.

Apple Ipod Touch - Denied Postal Insurance Claim cause banned item India?

Apple Ipod Touch
So I dont know where to turn too.
Embasy of India
US Custom
India Customs
USPS
they all are giving me the run around.
The USPS lost a package I was sending to India. A brand New Ipod Touch.
The guy bought it on ebay I had all the paper work of me buying it on Apple.com..
and all the paper work of it selling on ebay.
I filled out the insurance claim.
I get a notice back saying I was denied because this item was turned away or confiscated by India's Customs.
So I was denied my insurance claim to get my money back for this ipod I shipped to india because india bans this item.
However I cant find anything online about india not allowing this item.
Any Info would be great.
Denied Postal Insurance Claim cause banned item India?

Actually I've got a good idea of what happened.
Ever since that terrorist attack earlier in Mumbai anything that could be considered an "unregistered" cell phone has had a hard time of it in Indian sub-continent.
And, according to the authorities, the iPod Touch is now included in the list of suspect devices.
Someone will have to do the search, right now I don't have time, but the forum has a post by a student who can't use his touch on campus since it's now considered a potential terrorist threat.
The USPS didn't lose the package, it got confiscated under the new "security" rule.
What you do want is for it to be sent back to you ((Or do you?), so work on that one.
At least, if you insured it, if it's not delivered you can eventually get reimbursed and, who knows, the authorities may eventually figure out that an iPod Touch isn't the best thing to use for coordinating a terrorist massacre and quit doing stuff like this.
For now, if the USPS lost track and can't tell you why, then they'll have to pay.

Insurance claim on stolen Logic XSkey?

How would you go about filing an insurance claim for a stolen Emagic XSkey? The only thing I used it for was so that I could run Sounddiver to edit my JV1010. There's not much point in quoting the price for Logic 9 since 1) I already own it and 2) it doesn't have Sounddiver anyway.
Should I give them the cost of something like MidiQuest or Unisyn instead? How am I going to explain it to a non-musician so that I can get fair compensation? Should I post this somewhere else?

give'em the cost of another editor!

Insurance claimed against a retired asset

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