Insurance Company Supplier Not Visible in Fixed Assets

Hi,
We setup a supplier as a "Insurance Company" supplier in Oracle AP, but the supplier is not visible in the Fixed Assets Policy drop-down list. Does anyone know if there is an additional step that has to be performed first?
Thanks!

Hi there, this forum is for Oracle Insurance products - not Oracle AP. Try this forum Financials instead.

Similar Messages

Insurance Company Supplier not Visible in FA

Hi,
Running R12.1.2 Fixed Assets
I added "INSURANCE COMPANY" in the PO Lookup Type code "VENDOR TYPE".
Then I defined a supplier as Insurance Company in
Suppliers > Update > Organization > Type: "INSURANCE COMPANY"
But I am unable to view this Supplier in Fixed Assets:
Assets > Insurance > Insurance Policy Details > [Insurance Company]
Does anyone know if there is an additional setup or profile option that needs to be set?
Thanks!

Hi there, this forum is for Oracle Insurance products - not Oracle AP. Try this forum Financials instead.

GL balances are not matching with Fixed assets ledger

Hi,
Please suggest me regarding this...
The issues is:when the legacy balances are uploaded in to sap there was the mistake.3 assets were entered twice(once in asset class 1250 & once in asset class 1300).It causes the GL balances are not matching with Fixed Asset balances(GL is less than FA).so now the client is asking to make manual entry by removing the recconcilation account settings and post manual entry then keep the reconcilation account as usual.They wanted to reverse the accumulated depreciation for the above 3 duplicated asssets for year 2007 & 2008.
How can i achieve the below:
1.GL balance was not equal (i.e lower) to FA ledger even at the time of go live(FI is lesser than FA)
2.For this i need to post one manual entry in FI-GL with the GO-LIVE date.is it possible? suggest me how to post?
3.After that i need to reverse the accumulated depreciation for the above 3 duplicated assets.how can i do this?
4.After that i need to remove the above 3 duplicated assets,how can i?
Please help me by giving your thoughts regarding this
Thanks
Sap Guru

Hi,
It is possible to post the adjustment entry from go live date provided you open the posting periods for the pervious year. (However this approach is not recommended for the following reasons - you have closed the books and must have published the results to local authorities. Adjustment now in the past year can cause some trouble from auditors etc. Secondly you are adjusting the GL balance for the last year, so you will have to complete the period end and year end closing for GL balances. So avoid kindly it)
For your problem - Go to transaction code OASV and post adjustment entry for the current period. Also check if your field status of assets contain field for shutdown of assets. If not change your field status accordingly. Once adjustment is done you shutdown the asset so that it does not post depreciation in future depreciation runs. (this will cater to your need of eliminating the assets. If you retire the asset then you will have to deal with gain or loss on retirement of an asset. If you can accommodate this entry, then you can use this figure in the final adjustment entry.)
Or Go to transaction code OAMK and set the recon account to post the adjustment entry.
Reversal of depreciation is not possible in SAP. So the only way to reverse the accumulated depreciation is by changing the recon account or using OASV, and passing adjustment entry.
regards
Thomas

Supplier not visible in the Purchase Order Menu

Hi All,
I have created a Supplier and a Supplier Site from the back end using Supplier Conversion.
It was successful and I am able to see the customer in the Supplier menu in Payables and Supplier base menu in the Purchasing, but the supplier is not visible in the Purchase Order Menu in Purchasing.
I have Enabled the following flags in the Supplier Site Level,
               l_vendor_site_rec.purchasing_site_flag := 'Y';
               l_vendor_site_rec.pay_site_flag := 'Y';
               l_vendor_site_rec.rfq_only_site_flag := 'Y';
What else do I need to enable in Supplier level for the Supplier to be visible for Purchasing.
Please give me a solution so that I can resolve my issue.
Thanks in advance.
Regards,
Bhaskar.

Hi,
You will have to achieve this through APIs, Please do some google and refer Oracle docs.
Following are some links, which may interest you:
R12 Oracle Apps: Supplier or Vendor Creation API
Oracle EBS Technical Step By Step: August 2012
Hope this helps!
Best Regards

ROS Supplier not visible

Hello Experts,
I am working on ROS and the problem is as follow please help me,
1) We are using SRM Seperate Client(300) and ROS and SUS in Differnt Client(330).
2) I have configured the system using Config Guide.
But when am "Accepting" The Supplier using "ROS_PRESCREEN" it's not transfering suppliers to SRM.
Please help me in this regard.
Thank you,
Anil

Hi Masa,
1) Thanks for reply, I have configured Supplier directory, But when am trying to connect to "Supplier directory" from SRM client,am getting an error message "Page Not found"?
2) After that I have changed the ROS Client to the same SRM client for time being and I registered some suppliers in the same SRM client using ROS and changed all the settings to the same SRM client. but am not able to see the new ROS supplier list.
and Using the roles page am ale to see the suppliers and I accepted some supplier but am not able to see them in SRM vendor list.
Please help me
Regards,
Anil

FIXED ASSET Note 113711 - FA ISR Depreciation Adjust. & IMPAC Balance Aver

Hi Gurus, I have a question about this note referent at Fixed Asset , in the next topic:
After release upgrade the import has to be repeated for the new
release.
Please take the transport from SAPSERVx, path:
~ftp/specific/latinamerica/MX/note.0113711
Directory note.0113711 contains the following transports files:
- For Rel. 3.0F and 3.1 please transport:
R900246.LD3 (data)
D900246.LD3 (cofile)
which will create the next objects:
DEVC ZAA Development class
DOMA ZINDE Domain for INPC value
DTEL ZINDE Data element for INPC value
FUGR ZINP Function group for table maintenance
PROG ZAAUFW01 MAIN PROGRAM
PROG ZXANLU04 Include with calculation logic
TABL ZINPC Table for INPC values
I don't understand the sentence :
"Please take the transport from SAPSERVx, path:
~ftp/specific/latinamerica/MX/note.0113711"
I don't know how connect at this server for download files .LD3.
that request the note 113711.
Thanks for the help.

Thanks for your answer Sreenivas, I have a doubt :
The first part of the note refered at release 3.0 and 4.0.
I have worked the version 5.0, and in the Note 113711 there is a paragraph that says:
"If you want to transport the INPCs values into the ZINPC table, please
AFTER having transported the previous files, transport files:
R900248.LD3
K900248.LD3
which contains the INPCs values since 1950.
- For Rel. 4.0B and after, please transport:
R900040.LD1
K900040.LD1
In rel. 4.0B and after, the program uses the INMA indexes tables. There is no need to create a table ZINPC anymore to maintain the INPCs values.
The Index that the program uses is the general one defined in the Inflation Method for the company code for FI. It uses the definive values of it."
My question is if I have download the files *.LD3 for release subsequent at 4.0 because I actually have worked version 5.0 of SAP R/3.
Thanks for your answer.

GL Journal entry looks good but not Fixed Assets in 11.5.10.2.0 -

In the GL Journal entry it looks perfect, but not in FIXED ASSETS
This is on 11.5.10.2.0
Depreciation amount is not correct in Fixed assets and Any thoughts on that or please let us know how to go about
In the Form
Depreciation
Period
Jan-12
expenses 651.94000.89..whateer
Deprectiaon should be 442.00 whereas it is showing different number
whereas it does show properly in GL Journal entry
How to get this value transferred or migrated
GL looks good but not in Fixed assets- Is there a process we can review or
find more information on it

Hi,
I am pasting my comments next to yours :
These are the issues that needs to be resolved:
• Depreciated balance are over stated in Fixed Assets and needs to be adjusted to reflect what is in GL. => I wasn't sure how this was was possible, since I assumed that your Asset depreciation journals in GL were being fed from FA. So if depreciation was thought to be incorrect in FA, its corresponding balance in GL should've been incorrect as well. But I guess that's not the case because your other questions imply that some of these assets were acquired and their might have been some conversion activity involved.
• Fixed Assets mass additions are selecting GL accounts that should not be selected. We need to know how to change the criteria for selection. +=> Check the Asset Clearing and CIP clearing accounts on your asset categories+
Later:
• We need to learn the proper way to convert assets we acquired from acquisition into our Oracle Fixed Assets system, so that depreciation start at the time we acquire the assets. => That is correct, you could change your original date placed in service to the acquisition date as part of conversion and if you have the correct prorate convention, they should depreciate the way you want it to.

How to import Fixed Asset Master File

Hi all expert,
I used BAMasterDataImportFile to import the Fixed Asset. But the message as below appear :
"Import end;Number of successfully imported assets: 0;Number of processed assets:2"
After complete import the fixed asset master files still empty. May i know anybody can advise me for import fixed asset files?
Thank for help.
From:
Eric Tan

Hi Eric,
Please refer your error with the possible reasons below (from SAP notes):
Error message: "Import End; Number of imported assets:0; Number of processed asset:2"
Reason: Note that there is no error. It is usually because of the conflict of Depr. Start Date , Use Life and Remaining Life.
The following is a list of possible errors:
1. Fixed Asset in Production Mode -- Make sure Fixed Asset is in Transfer mode before importing.
2. The number of semicolons for each line is not 66 -- For each line, each field must be separated by a semicolon(, the number of separators( should be 66. Number( = 66.
3. Wrong Date Format DD-MM-YYYY or MM-DD-YYYY -- The correct date formats should be : YYYYMMDD, YYYY-MM-DD, YYYY.MM.DD or YYYY/MM/DD
4. Asset Class unavailable -- The asset class in your csv file does not exist in Fixed Assets; make sure the used asset classes are defined in Fixed Assets before importing.
5. Depr. Type unavailable -- The given depreciation type does not exist in Fixed Assets, make sure the used depreciation type is defined in Fixed Assets before importing.
6. Depr. Area unavailable -- You entered data for a depreciation area that does not exist. If there are only 2 depreciation areas in Fixed Assets do not enter data for area 3 or 4.
7. Depr. Area is inactive for asset class -- You entered data in the csv file for an area that is not active for the given class in Fixed Assets.
8. Life parameter is negative or the remaining life is greater than planned life -- All life parameters should be positive, the remaining life should be less than the planned life
Life Parameters(Depr. Start Date, Useful Life and Remaining Life) are mathematically incorrect for one of the areas in csv. Remaining life = Useful life - (the difference between the first date of import year and depreciation start date). Note that it is not the difference between import date(the date you import Fixed Asset Master Data) and depreciation start date. You must calculate the remaining life correctly. For example, you want to import an asset in 2005, you import it on 2005-09-01 ,then the first date of the import year is 2005-01-01, Depr. Start Date = 2003-06-01, Useful Life = 60 months, then
      Remaining Life = 60 - (2005-01-01 - 2003-06-01) = 60 - 19 = 41 months.
      The following calculation is wrong:
      Remaining Life = 60 - (2005-09-01 - 2003-06-01) = 60 - 27 = 33 months
Import Fixed Asset for the current fiscal year -- The fixed asset master data import function is designed for legacy data importing. We recommend you to import fixed asset master in the past years. If you insist on importing an asset for the current fiscal year, make sure the depreciation start date is the first date of current fiscal year and the Remaining Life is the same as the Useful Life.
Year Values -- the sum of the accumulated depreciation (planned, unplanned and special depreciation) in the csv file is greater than the acquistion and production costs.
Also, don't forget to change the fixed asset mode to transfer. Administration>System initialization>Company Details> Basic initialization tab.
Hope this helps.
Rogelio Elicor Jr.

Fixed Assets Reporting

Hi All,
I have a customer who has many company databases and is running Fixed Assets.
They want to be able to print and file asset schedules after each depreciation run for each company.
The current version does not allow printing of the Asset History Sheet, and exporting to Excel adds a lot of extra work to get page breaks and company names on each report.
Has anyone developed a query for this report? I would like to solve their issue by use of a query and a print layout for them
Thanks

Is this a US customer running the SAP Fixed Assets add-on? I hope not becuase that add-on is not supported by SAP in the US
Dan

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

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

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

Fixed Assets Add-on

Dear All
Our fixed assets add-on seems to be having a problem, according to the fixed assets accountant , the July depreciation run only generated a journal to the general ledger but did not update the fixed assets registrar. What could cause and how can we prevent it from happening in the future.
Thank you.

Hi Gordon,
I have a similar issue, I use B1 2007 A PL 42 Australia and FA addon patch 8.00.00.42 in package
Remaining life does not updated after depreciation run.
How to solve it
Thanks in advance,
Son.

Distribute ans settle a fix asset

Hello,
is it possible to make a distribute (AIAB) and Settle (AIBU) of a fix asset that has a transfer within company code (ABUMN) from another fix asset?
Thanks

Sorry , I didnt explained it correctly in the first e-mail,
actually it is an AUC that received another transfer to an auc . And now, i need to distribute or settle it to a final asset.
And apperar the error " Acquisition value negative in area 01."
Message no. AA617
Thanks

Oracle 11i Fixed Assets - Additions Error Message Company is not value

I have created Fixed Assets Corporate Book and trying to add a new record through Assets Workbench and Addition Option. When I try to create information in Assignment Detail to enter Expenses Account and I am selecting Expense Account but getting Message "Company is not value for Book selected (Company Name1 should be 01, Company Name2 should be 02, Company Name3 should be 03)
It shows message with old existing Corporate Book.
Do you have any idea Why this message is shown.
Your Help in this regard will be apreciated.

Its 01.10.2000. So i think thats the problem
I want to post in 1st April 2009 (7th month of fiscal year 2009) and 01st November 2009 (ie 2nd month of fiscal year 2010). So what date i should put ?
Edited by: Deepak Agrawal on Nov 6, 2009 10:51 AM

Insurance Company Supplier Not Visible in Fixed Assets

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