Issue in Asset Mgmt

Hi
I have an issue in implementing Asset Accounting. We are live on SAP FI and have GL Accounts for all asset fo accumulated depreciation, depreciation expense and cost of asset. Now we want to use Asset accounting and would classify the asset based on asset classes. How should we transfer the balamces from individual assets to the three accounts for each asset class, without effecting the gross and net block. Also specify how can we transfer the values of indiviual assets in asset master records in Asset Accounting.
Regards
RS

Hi
Also Follow the below steps to complete your legacy data upload for asset accounting.
When the asset is uplaoded from legacy only the asset account gets updated and not the GL.
To update the GL you have to go to T.code-OAMK reset your Asset recon accounts and take the balace in total for each GL and do posting maually via T.code-OASV.
After completion of posting you have to again reset the recon accounts via OAMK.
Hope this helps
Good Luck
Hari

Similar Messages

Issue In Asset Transfer

Hi
I have an issue in Asset. I have created an asset in a wrong asset class by mistake. Now I want to transfer the asset value to an asset created in the right asset class. But when I am doing this, the system is transferring the proptionate depreciation calculated to the new asset. Pls suggest
KM

Hi
It seems that the depreciation key has been configured to calculate the depreciation from the depreciation start key mainatained in the depreciation area. Hence, when you do the asset transfer, the system would post a pro rata depreciation from the depreciation start date to the date of transfer and transfer the same to the new asset. Howver, you can avoid that by changing the depreciation start date to the date of transfer. In such a case, no pro rata depreciation would not be calculated and transferred to the new asset.
Assign points if the information is useful to you
Regards
Sanil Bhandari

Issue in Asset Master

Hi
I have an issue in which the Dep start date for Dep area tab for a particular dep area 15 is shown in display mode for asset master. How can i make it modifiable
Regards
Sanil Bhandari

Hello Sanil,
Please check this SAP doc. Keep me posted.
Period Control Method
Use
For determining the depreciation start and end date for asset transactions, you can set an appropriate period control in the period control method for the four transaction categories:
Acquisitions
Subsequent acquisitions/post-capitalization
Intracompany transfers
Retirements
This enables you to set the depreciation start date for all acquisitions within the same year to the beginning of the year, for example. You can also set the depreciation start date for retirements to the first or last day of each period. Using the asset value date of a transaction (acquisition or retirement), the system determines the start date or end date of depreciation calculation using the period control.
Features
Standard Period Control
When you set up an asset company code, the system automatically generates period control rules. The most important of these include:
Pro rata at period start date
Depreciation start/end is always at the beginning of the period in which the acquisition or retirement takes place.
Pro rata upto mid-period per period start date
For transactions up to the middle of the period, the depreciation start or end date is dated from the beginning of the period. Transactions after mid-period, however, are dated from the beginning of the next period.
Pro rata at mid-period
This rule corresponds to the first rule. However it is intended for depreciation calculation based on half periods.
First year convention of a half year
(See example.)
Year start date/mid-year/year-end
For transactions on the first day of a fiscal year, the system calculates a whole year's depreciation, for transactions up to the middle of the year, half a year's depreciation and for transactions after mid-year, no depreciation.
At the start of the year
At mid-year
At the end of the year (start in the following year)
At mid-quarter
(see the "pro rata at mid-period" rule)
At the first quarter
At the following quarter/following month
At the following half-year
Transactions up to the middle of the fiscal year have a depreciation start date on the middle of the year. Transactions after the middle of the fiscal year have a depreciation start date in the following year.
When you specify the fiscal year variant for the company code, the system automatically assigns calendar dates to the posting periods for these period control rules. However, the fiscal year variant has to be set up with either 12 or 24 posting periods.
You can modify these standard rules yourself, allowing you to flexibly define the relationship between the calendar date and the posting periods.
First year convention:
To 06/30
depreciation start date/end in period 0
From 06/30 to 12/31
depreciation start date/end in period 6
The system interprets period 0 as the start of the fiscal year (January 1), not period 1. Period 6 represents July 1.
Half-Periods
The number of posting periods in Asset Accounting generally corresponds to the number of posting periods in Financial Accounting. You can, however, double the number of depreciation periods if the basic number of posting periods corresponds to the number of calendar months (12). By setting a control indicator when defining the company code, you can specify the use of half-periods. By specifying the calendar date, on which the second half of a period begins (for example the 16th of the month) you can have the depreciation calculation start and end at the middle of a period. For more information, see Mid-Quarter Convention (USA) .
In order to use this option, you have to set a special indicator in the allocation rules of the period controls.
It is not possible to use half periods when you are using non-calendar fiscal months.
Variable Period Control
Using an indicator when defining the individual depreciation keys, you can specify that a key does not use the period control of its assigned period control method. Instead it uses period controls you define for the company code and fiscal year.
This may be necessary, for example, when depreciating according to US law, if you only apply the mid-quarter convention to acquisitions in specific company codes or fiscal years.
If you change the period control of assets, in which the depreciation start date was already set, you have to then change their depreciation start date manually.
The above doc is from below link.
http://help.sap.com/saphelp_47x200/helpdata/en/4f/71dde0448011d189f00000e81ddfac/frameset.htm
reg
assign points if useful

Issue in Asset Explorer

Hi
I have a issue in which i have acquired an asset on 15.6.2006.. and assigned a depreciation key to calculate the dep @ 4.75% SLM basis. The system is not displaying the values from 2008 onwards but is not showing the values in 2006 and 2007. The useful life of asset is 5 years. However, when i use t code AFAR in test mode the system displays the planned values for 2006 and 2006 correctly. Pls suggest as to why the system is not displaying the values for 2006 and 2007 correctly. For similar assets in the same asset class under same company code usign same depreciation key and for same tenure and acquistion date but different acq value the system is displaying the data for 2006 and 2007 correctly. Pls suggest what could be the reason
Regards
Sanil Bhandari

Hi
The asset in question has been posted with acquisition value of INR 48099.00. Secondly the system is showing the planned depreciation in Tcode AFAR for depreciation recalculation for 2006 and 2007. However, the same vales are not reflected in asset explorer for years 2006 and 2007. The remaining years, the values are getting displayed. Other assets using the same depreciation key are showing correct values and values are reflecting the values for 2006 and 2007. I tried searching if SAP has some note for this particular scenario but could not find one. Pls suggest
Regards
Sanil Bhandari

Issue with Asset Retirement without Revenue (ABAVN)

Hi Experts, hope that you are able to help shed some light on an issue with retirement without revenue (Scrapping).
We have an asset capitalised in FY 2007 with two depreciation areas 01 - Book & 15 Tax. There have then been settlements made to the asset from WSB Elements using transaction type 331 & 336. These were through FY 2008 and depreciation was calculated correctly throughout this time.
The issue was then in FY 2009 when there have been negative settlements posted (adjustments) to the asset and then the asset was retired. The retirement was posted but the values aren't what was expected. It was my belief that the posting should be credit APC, debit accumulated depreciation and then posting to a loss account defined in AO86.
Period Control are the same for retirement '01' for both the straight-line method in book depreciation and the declining balance method in the tax depreciation area .
The posting has been pretty much as expected in the book depreciation area - but in the tax depreciation area where the depreciation key is declining balance there is a reported gain from the retirement.
The report for depreciation are 01 - book shows retirement $1m split between $1.1m in PY and -$0.1m in Current Year.
The issue is that in the tax depreciation area the amount posted for retirement is $1.0 but depreciation posted is $1.125 and -$0.5 with a respective Gain for both prior year (PY) and current year... why has this happened ???
Thanks in advance
Chris
Retirement posting:
PK 75 CR APC value                 TType 200
PK 70 DR Acc. Dep'n CY          TType 250
PK 70 DR Amortisation              TType 290

Thanks Tarun,
I've solved checking the limitation in Customizing. There was a limitation for the Retirement: this was activated only for first Depreciation Area, so for the other ones no retirement will be calculated and net book value was always not equal to zero.
Regards,
Jody

Issue on asset tax depreciation balances

Dear Experts,
I have a critical issue to be resolved. Someone please guide me.
I want to change the opening balance, current year transactions
accumulated depreciation of year 2008 (Fiscal year variant V3 -
Apr to March) of group assets in tax depreciation area (15) using tcode
AS82. This is required because during data migration in 2006 the
tax dep values for group asset were not entered accurately. With
this the dep calculated was wrong resulting in wrong net bbok value
further wrong carry forward bal in 2007 Apr and so on. My client
now wants atleast correction of year 2008 values so that the future
calculations are right and done by SAP for tax report. What should I do
for this?
What impact would be there if I change Asset Transfer date because
when I go to AS82 to change the takeover values of a group asset in 2008
i get an error msg " Closed fiscal year doesnt agree with legacy data
transfer date" Transfer date is 31.07.2006. This is really critical
and I have been posting this from days but no response. Please help
me experts.Any help would be really appreciated.
Rgds
Komal

Not answered. Somebody throw some light on this. Your inputs are valuable.
Regards
Komal
Edited by: Komal on Feb 2, 2009 7:14 AM
Edited by: Komal on Feb 2, 2009 7:14 AM

Error while good issue against Asset.

Hi Gurus,
I am trying to issue an equipment using MIGO GI, others and movement type 241 against the asset. The GR has already been done and the equipment system status shows the ESTO which means in stock. Once GI is successful it will show AVAIL INST. I am getting this error which says that the "Deficit of SL Unrestricted-use 1 PC: RW4CK 2911 9507". Here RW4CK is the material and 2911 and 9507 are plant and storage locations. I have checked the equipment status ESTO which clearly shows that the equipment is GRed and it should be there in the storage location. Can any one guide me in solving the problem.
Thanks in advance.
Anoop

Hi
Stock is in quality or unrestricted or blocked? Check it out.
Regards,
Raman

Printing issues with color mgmt on a HP 7180 photosmart printer - Can you help?

I've been have an ongoing issue with my Adobe Elements 6.0 and printing my pictures off a HP7180. The colors don't match what I see on the monitor as well what's on my camera. I can send the pictures to KodakEasyshare online and the pictures come back with the same colors as to what I see within my application and monitor. I've run test pages off my printer and everything is good. Help me, PLEASE.

I've tried printing from both the catalog and the editor screen and I've fooled around with the color mgmt. The printing is still off. The colors are vibrant from what I can see and when it prints it's not as sharp and the colors tend to be dull or maybe leaning towards more green/blue sometimes even more reddish - orange. I've taken the liberty and reseted the printer to factory defaults on the hardware and on the pc...It's till giving me this problem. What's amazing is I can print from Kodakgallery software, photoalbum 3.2 from adobe and the colors are some what true to color. I can't get it to print right with elements.

Issue with Asset under construction account

Hi all, I hope you can provide some assistance.
We have a situation where:
Asset created FY09
Internal order created and assigned to settle to the asset. FY09
Goods Received. FY09
Internal order Settled FY09
Asset disabled FY09
Goods Receipt Reversed FY10.
Settlement re-run FY10 as part of normal EOP processing. (Order was not clsd)
Settlement document Reversed when mistake was realised.
The AUC GL account is now out of balance as settlement cannot occur fully on the closed asset. The posting rules for the AUC account mean that you cannot post directly to AUC account.
Any suggestions or a transaction to synchronise the GL account for AUC with another P&L account would be appreciated.
Thanks Doug

Hi there, thanks for your feed back. We didn't want to reactivate the asset due to issues with depreciation etc. So what we did was create a new asset and assign it to the internal order with a new settlement rule. Then re- receipted goods inwards, settled and it all balanced correctly.

Issue with Asset Managemenet (parallel Currencies)

This message is from my customer:
Capital investments are kept in Asset Managemenet (FI-AA), balances are integrated part of FI-GL, shown on respective accounts.
Within AM, multiple valuation areas exists, as an asset underly different rules, depending of it's accounting (book) value and tax value etc.
Therefore, we have one area (01) representing the book value, - which is also the GL-balance. In addition, AM keep another area (10) representing the tax value.
Finally, we have a third area representing the difference between Tax and book, (called 'delta'), and these values are posted to GL as 'more/less depreciation', enabling us to report both 'Accounting books' and 'Norwegian tax books'. This 'delta posting' is part of standard, monthly depreciation run.
We have a challenge in the case were we have USD as functional currency, in an entity registrated as Norwegian a/s.
Norwegian tax authorities require the tax values of the depreciation to be based on historical NOK-investments. Both FI-GL and FI-AA support the parallel currency
accounting, but not when it comes to the handling of the 'delta-values'. In this case, the initial investments are kept in histotical NOK in AM, and in AM the NOK-investment is depreciatied in the tax area. However, when the delta-posting is done, this is done in USD only (based on area 01 and 10), and the parallel NOK-value of this transaction is translated based on exchange rate on transaction date, NOT the historical NOK-value. The consequense of this is that the tax-books in NOK is incorrect, and there is a need to do manual adjustments, based on tiresome spreadsheet calculations.
Now: is this the only way SAP handles parallel currencies in AA/AM? No way to configure it to use historical exchange rates at all?
If this cannot be changed within SAP, has anyone else solved this kind of problem and might help me getting started?

Hello!
Does someone have answers to this:
From SAP Help:
The central procurement and processing of data for an asset takes place
in the logical database ADA in the FI-AA component. One of the functions
that is carried out in the database is currency translation. Currency
translation for a currency that is different from the company code
currency is carried out according to a translation method that you
define in FI-AA Customizing.
Where do i find this customising?
If the parameters of this standard translation method do not meet your
needs, you can define your own individual translation method using this
SAP enhancement.
Activities
Follow the procedure outlined below:
<b>
1. Activate enhancement project AMGS_001.
2. Modify function module EXIT_SAPLAMGS_001. Enter your own code in the
    included program ZXBADU03.
    When the enhancement project is active, the system uses the function
     module at the corresponding positions in the logical database.
3. Define a translation method in FI-AA Customizing (Information
      System) that uses translation date 3 (own translation).
</b>
Parameters
The following transfer parameters are available for function module
EXIT_SAPLAMGS_001:
o   I_AMOUNT (amount in local currency)
o   I_ANLAV (master data for the asset)
o   I_AFABER (depreciation area)
o   I_BERDATUM (report date)
o   I_UMVAR (translation method)
The translated amount is expected as a return value in the field
E_AMOUNT. This value is then transferred to the respective report.
This looks promissing But has anyone tried this exit, EXIT_SAPLAMGS_001?
Will it work for me?
-Helge-

Integration with Third Party EAM (Enterprise Asset Mgmt) Software

Dear PM Experts,
I have roughly listed interfaces between SAP & Third Party software -EAM .Kindly add to it
Outbound to SAP
- Producrment Proposal for Spare parts( Sparepart No, Qty, Date needed)
- Asset Calenders( Workcenter, Downtime Start time, Downtime End time)
- Preventive Manitenance Orders( Order no, Workcenter, Activities/Duration, Spreparts no, Qty of spare part, Date needed)
- Breakdown Maintenance Requests( Req no, Date/time Requested,
- Breakdown maintenace Orders(Order no, Workcenter, Activities/Duration, Spreparts no, Qty of spare part, Date needed)
- Service Personnel request ( Skill type, Hrs, No of personnel)
Thank you much in advance,
Regards,
Jatin

Hi,
Inbound interface to SAP PM:
1. Running hours update from DCS/ RTDB
2. Create notification from third party S/W
Outbound interface from SAP PM:
1. Equipment synchronization to third party S/W
2. Maintenance order details
3. Maintenance order status update
4. Notification details
5. Notification status update
6. Breakdown details
7. Time confirmation details
8. MTTR/ MTBF update
Regards,
Raj

FICO : Asset Accounting - Depreciation Run Issue

Dear Friends,
I have an issue in asset accounting.
Let me explain the actual background of this issue.
1. I created a new company code(2000) by copying the existing one(1000 along with the closed year 2009
2. After that when i was trying to post acquisition for an asset i got the below error
You cannot post to asset in company code 2000 fiscal year 2011
3. Then i closed the year 2010 and opened 2011, it allowed me to post in the month of june
4. Now i am trying to run the depreciation for june, its giving the below error.
According to posting cycle, you should post period 001 next
5. What could be the reason for this error , is it the correct procedure what i am doing it now?
Please help if someone has an idea about that
Thanks ,
Perumal.

Hi,
You can get the solution if you double click the error message.
Please note that depreciation of current month can only be posted if the depreciation dycles till the previous month is completed. Coming to your case, you have opened the year 2011 and trying to post depreciation for period 6. You need to run the depreciation cycles from period 1 to 5 before trying to post for period 6.
Regards,
Kiron Kumar T.

Asset issue to vendor for jobwork

Dear Experts,
We want to issue an asset to vendor for some job work.We will receive the asset after completion of the work.
We want to charge depreciation for the asset as asset ownership is with us.
How to do the scenarioa in SAP.
Thanks and regards
Poonam

Hi Rob thanks for your response. I thought about doing an OSS note however; I would think I would need to get the problem in config corrected first as it contradicts each other. The problem I am talking about is how they are to return material to vendor....I have never even seen this as a process in my 10 years....
Process.....when the PO is a return to vendor PO they go to migo and choose the goods receipt and mvmt type 101 and the system will default the 161 in the item level....the two are inconsistent. If I try to change the top level to a 161 mvmt (as this is what I am used to seeing) it gives the error that the PO is not a stock transport order... Would you agree that I should correct that problem first before creating an OSS note?

Mass Video Asset Management in Lightroom 4 - Watch as I Test (Flail and Fumble)

The Project is to: catalog, keyword, manage, rate, and organize over 3400 video clips (AVCHD clips re-wrapped as MOV files) shot in 30 days in Costa Rica. The shoot was purely run and gun -total guerrilla style. As we were unable to do much transfer and review in the field, I came home with a huge project to complete before editing videos. I've limited the choices of software for asset management & organization down to Lightroom 4 or CatDV. Ethically, I feel obligated to say that I"m pulling for Adobe since I use the entire suite, and there are some nice fringe benefits keeping everything "in house,"
First Step: All video files are AVCHD files which are re-wrapped (by ClipWrap) into MOV files. This step is crucial, since AVCHD does not include/store metadata in the video file itself.
Second Step: Files are stored on the MAC-OS level into folders corresponding to the dates the shots were taken
Third Step: Get the 3400+ files organized, weeded, and prepped for editing
@#$!)~*(*&%^ <-- That's what a record scratch looks like in the digital age
I started examining software solutions and gave each a couple of good tries to narrow the choices down to TWO packages of software:
OnLocation - Couldn't feel it and it looks like it's meant to work for a different flow. No.
Cosmos - Couldn't really do much of anything with metadata. No.
Bridge - Almost there, but pretty limited and not dual screen friendly at all. No.
CatDV - Now there you go...almost. Everything is in a catalog meaning you have to go between this software and Premiere. Definite maybe.
Lightroom 4 - Comes with heaps of background in organizing stills, how will it work for massive amounts of video? Definite maybe.
CatDV and Lightroom 4 both imported everything just fine.
I'll post more as I get into it. Soon, if anyone cares to read more.

Lightroom 4 has completed the task of importing 3440 video clips. CatDV (fully functional 30 day trial) crashed again on the large import. I'm going to try importing 10 folders at a time in CatDV.
As I start to play in Lightroom4 with asset mgmt:
PROs
Slick relatively tweakable user interface
Keyword buttons are great (wish we could have more on the surface)
Nice "twirl-down" flow that Adobe uses in the product line -I love this
CONs
Lightroom4 video previews are horrifically sluggish at best, and at this point is unusable for a large collection
The scrub over (video thumbnail) preview is a huge resource hog and would benefit from a disable option
Second Monitor pane has some issues/incongruencies with the main monitor pane:
Grid view will not allow multiple files to be graded/keyworded/etc simultaneously
Loupe view will not play video files and treats the video file preview like a photo
This is all for now. More on CatDV when I get it going.

Office 2010 shows as beta in Assett Management

I have installed the full version and correct version of office 2010 professional plus (14.0.4762.1000) but asset mgmt picks it up as beta?
If I click the discovered product it lists 19 different versions of the product with all the language versions and the (beta) one at the top?
Also it lists each product seperately like, word, excel, powerpoint etc rather than adding them to a software collection under office 2010?
I know I can create a software collection but I shouldn't need to and when i try and create one called the full product version it says it already exists, so why isnt it using it?
Im running zcm 10.3.2 and not sure wether its the way office has been installed or an issue with how asset mgmt is picking it up, does anyone have any ideas?

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Issue in Asset Mgmt

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