Legacy Asset Net Book Value is Zero-Want to post Sale of Asset for the same
I have Scenario
We have upload the legacy Assets in Year 2005. One of the Asset Net Book Value is Zero. When we are trying to post Asset Retirement, the for that Asset following is error message received:
"Retirement of Old Assets data not possible (No Existing old Asset Data).
Though in the books the Net book value is Zero, we have received profit on sale of Asset.
How post the profit on Asset & also how to take it from the gross block.
Thanks
Rags
Hi,
the e-message stated, that you must use another transaction type:
so not a transaction type with old asset data like 210.
try / test transaction types : 250-275
pls reward useful answers
thx.
Andreas
Similar Messages
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Posting Unplanned Depreciation when asset net book value is zero
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We are now trying to post the YTD depreciation back in under the original company code, but when we try posting unplanned depreciation, the following error message appears -
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Any suggestions on how to resolve this?
Many thanks,Hi Susan,
do you have the option to reverse the transfer postings? If so, you could specify another period control for transfer postings (such as fiscal year start, etc.) in your depreciation key, with which you can influence how much depreciation is left back respectively transferred.
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http://wiki.sdn.sap.com/wiki/display/Snippets/TransactionVariant-AStepbyStepGuidefor+Creation
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Hi Guru,
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Supperkornuse :
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or
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Dear friends,
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Thanks.Thanks for reply, in Tcode AO72 the system offers 2 solutions to post retirement :
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Dear All
I want to Upload balance of old fixed Asset in newly configure System that are managed manually in previous year, I want to Post Their previous Current Written Down Value and Current Accumulated Depreciation when i go via IMG Create Legacy Data Transfer and enter,
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or other path or T.code where i can do.
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Khalid mahmoodDear Atif and AP
Issue is not with Depreciation key it is working well according to my requirement but the issue is that base value that the system use is wrong.
i want that the system calculate depreciation at Cumulative Acquisition value (Purchase /capitalize/ cost price) less Accumulated Depreciation
is equals to Written Down Value.
I want that system use WDV as a base in each year after deducting year depreciation or (Acqusition cost - Accumulated depreciation).
I post a new asset and assign depreciation key it working well as required.
But i going to post Old asset for example Rs.100000 in year 2006. its Accumulated depreciation is suppose Rs.30000 in Year end 2011.
i want to post that asset in year 2012 as 100000-30000 and WDV IS Rs.70000 ;
i want that it will use 70000 as a base in the coming year to calculate depreciation.
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Khalid Mahmood -
Problem with depreciation posting for an asset with a '0' net book value.
Hi,
I have a problem with depreciation posting on one asset. I think it should not be calculated and posted at all.
On 1st November 2010 (our Fiscal year starts on 1st November) there was acquisition posted to an asset and then it was reversed on the same day - so the net book value was '0'.
In AFAB depreciation run for April 2011 - it posted depreciatoion of 0.01 Euro, so now the book value is -0.01.
Do you know how this could have happened and what can I do to get the value of this asset back to 0?
Thank you,
KarolHi Murlidhar,
Thank you for your reply.
I just have one doubt - as depreciation of 0.01 Eur was posted in previous period leaving net value of asset equal to -0.01 Eur.
Shouldn't I get ritd of this asset value before I proceed with the steps you suggested?
I think it is not possible to reverse the depreciation - so I struggle to find a way to bring asset value back to zero.
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Transfer of Net Book Value of Assets to Reserves.
Hello,
Due to changes in the Companies Act the useful of several of our assets has expired, but book value of the assets still remain.
I have a requirement where I want to transfer the net book value of such assets to a Reserves G/L account, without effecting the P&L.
Normal asset retirement transactions affect the P&L, i.e. loss or gain.
Is it possible to do this somehow?
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PradeepHi,
use a transfer variant which uses the net method. That should fulfill the requirement.
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Markus -
Which table contains net book value for Assets created with AS91.
Which table contains net book value for Assets created with AS91.
I have a problem locating where the net book value is stored in SAP. Is it simply calculated and not stored in any one place? I am trying to predict how SAP will calculate the net book value for some assets we plan on converting, but my formula doesn't always work consistently and I have not idea what is going on. If it is stored in a table some place, can anyone please let me know!
Thank you allHi anar.samadzade & Michael Stewart
It is not possible to directly get net book value of an any Table. You must migrate the gross book value (acquisition cost) and the accumulated depreciation. SAP will then calculate the NBV.
Gross Block & Accumulate Dep you will get from Table: ANLC
http://fixedassetsaccounting.net/migrating-fixed-assets-into-sap-a-harlex-guide/
Dear anar.samadzade Ask Questions politely
Regards
Viswa -
Which table or combinations of table that stored net book value for asset?
I need help in finding the above. I need to customize an asset report and need the net book value amount.
hi Mohamed,
basically you have to calculate like this:
+ ANLC-KANSW
+ ANLC-KAUFW
+ ANLC-KINVZ
- ANLC-KNAFA
- ANLC-KSAFA
- ANLC-KAAFA
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ec -
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Hi Experts,
I have a scenario as below :
SAP has recorded an incorrect net book value of asset # xxxxx due to an intial write-off via depreciation expense of a credit balance. Only 1 period of depreciation should be booked.
How it is possible ?
Can any body through some light on this.
Awaiting your reply.
Thanks & Regards
AdityaHi,
You would have been posted your question with the actual scenario with values, rather than asking general queries.
Hope you understood what i am trying to say.
Thanks,
Srinu -
Net Book Value - Asset Accounting
Dear Gurus,
I need a clarification regarding Asset uploading in ECC 5.0.
I have uploaded asset balances upto 31.01.07.(Fiscal Year - Apr to March). I have given the acquicition value in the field '***.acquis.val.' and accumulated depreciation upto 31.01.07 in the field 'Accm.ord.deprec'.
When i execute the depreciation for Feb 2007, system is calculation depreciation on net book value as on 31.01.07. But it has to be calculated on the net book value as on 31.03.06.
Please help me in this problem.
Note: Base value - 24 (Net Book Value) in Multi Level Methods.
Thanks & Regards.
GaneshHi Venkat,
When ever you upload asset balances the below two points to be considered.
First, you need to upload the balaces of assets which were not acquired during the current fiscal year(In your case acquired before 31.03.2007)
Secondly, you need to upload the balances of assets acquired during the year (from 01.04.2007 to cut over date (need to be defined in the system)).
You can use LSMW for uploading.
Regards,
Murali
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