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

  • Posting Unplanned Depreciation when asset net book value is zero

    We recently transferred some assets from one company code to another.  However, when they transferred, the depreciation all reversed out YTD.
    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 -
    "In area 01, you can only post manual dep. up to the amount 0.00"
    I believe this is because the asset does not have any net book value now.
    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.
    It is correct that you can´t post an unplanned depreciation on the sending asset now, because the net book value would go below zero. As unplanned depreciation does not influence the ordinary depreciation in the year of posting, this value below zero can not be adjusted with a reduction of planned ordinary depreciation.
    I am wondering which effect you´d like to have on the sending asset. Did you post a complete retirement? If so, there should be no APC left which you can depreciate on the sending asset. And as the net book value is zero already, which effect do you want to get? You have to keep in mind that the non-depreciated APC will be continued to depreciate (normally) on the receiving asset. But maybe I misunderstood the problem here ...
    Regards,
    Markus

  • Assets: Net book value 1

    Hi experts,
    I got the issue that an asset shouldn't be depreciated totally (0) but the net book value of the assets should remain 1 u20AC.
    So in the asset explorer the assets has value 1 u20AC, although the depreciation is finished.
    Does somebody know, where I can set it in IMG.
    Many thanks and best regards,
    Nikolaus

    Hi
    Please set the value in
    IMG-> Asset Accounting-> Valuation ---> Amount Specifications -
    > Specify memo Value.
    Regards
    Venkat

  • I want to give sales discounts only for the first five sales order

    The scenario is that I have to limit the sales discount to first five sales order that is executed, from the 6th the system should not allow any sales discounts

    Hi,
    If I understand your requirement correclty you want to pass discount for a particular item for a customer only for the first five sales orders irrespective of the quantity you sell on this order. As I understand this way of limiting discount by way of the count of sales orders is not possible.
    What is though possible is to limit the discount per customer or per article or per customer and article combination to either a certain fixed value of discount or limit the discount to certain fixed quantity sold for that article.
    The config required is
    Condition type  : Scale basis -Either value scale or quantity scale. Scale type -leave this blank.
    Condition record  :Chose the scale type as "B- To Scale" and at the time of condition record creation you can define your own Calculation type -either fixed amount,percentage,quantity etc.
    All the best.
    Kartik Shah

  • PO Net Price and Gross Price should not bechange once GR happen for the sam

    Hi Friends,
    For my client they need the below requiremet
    As of now my client is able change a PO price(net price & Gross Price) after GR happen for the PO.
    I maked the Net price field as Display mode under the below Path
    Go to ->spro->mm->purchasing ->Purchse Order->define screen layout at document
    level-> Choose NBF->select price and price unit and make it display
    and i recieved the GR for the PO.
    But still am able to change the Gross Price for the material under the Item Detail-> Condition Tab.
    if am changing the Gross price means the same reflecting in netprice also.
    So,User should not do any Price level changes in a PO once GR done for that.
    Kindly suggest me how i can solve this issue.
    How i can remove the option in the Purchase Order?.

    Hi,
    Standard SAP does not provide any setting to meet your req.
    however, you can Use an user exit i.e. when the user is using T.code ME22N or ME29N the system should not allow to change the price if there is follow-on documents in the PO history.
    Refer SAP Note- 457511.
    OR
    Create a variant for field price in ME22N & M329N using T code shd0.
    http://wiki.sdn.sap.com/wiki/display/Snippets/TransactionVariant-AStepbyStepGuidefor+Creation
    Regards,
    Pravin
    Avoid Changes in PO price after Gr has been done .

  • Calculate Net Book Value For Asset

    Hi Guru,
       how I Can Coding Program for calculate Asset Net Book Value ( Function Module or Formula)
    Regards,
    Supperkorn

    use :
    (1) logical database ADA and structure anlcv
    or
    (2) fm FI_AA_VALUES_CALCULATE
    field anlcv-lfd_bchwrt for current NBV
    hope  that helps
    Andreas

  • Error with message AA640 - Net Book Value positive in area 03

    Dear friends,
    I have an error " net book value positive in area 03" when creating asset using AS01.
    "The Complete error is : Your posting has produced a positive net book value in area 03, This depr area is managed on the liabilities sida. The area can only have negative net book values. It does not manage APC.
    i already check my customizing for depreciation area 03 -  Special reserves because of spec tax depr , and the setting for special depr already set to Only Negative values or Zero Values.
    Please anyone can help me for fix that problem
    thanks a lot
    Regards
    -Silvy-

    hi
    Since you are indeed working with the depreciation area for 'special reserve', the arithmatic for this derived depreciation area would be ideally tax depreciation area - book depreciation area.
    kindly confirm if this the arithmatic used for your depreciation area 03.
    if this is not the case please let me know the arithmatic used for the derived depreciation area 03.
    thanks

  • Proceeds of Sale Gain, Net Book Value Retired Gain, Cost of Removal Gain

    Can someone give examples of the following three. What is the difference? When would Oracle Assets module create accounting using these accounts:
    Proceeds of Sale Gain, Net Book Value Retired Gain, Cost of Removal Gain
    Thanks.

    Thanks for reply, in Tcode AO72 the system offers 2 solutions to post retirement :
    1- Net Book Value
    2- Gain/Loss
    I have chosen the 2nd solution (Gain/Loss)
    so it's Ok for the first item : PK = 01 Account = Client,
    but for the other item I can't post Gain Account or Loss Account because I didn't know whether I will have Loss or Gain for my retirement, so my requirement is that the sytem determines automatically if it's a Gain or loss and create the item for this !
    Any idea please.

  • Net Book Value calculation Issue Manual Legacy Data Transfer

    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,
    Take Over Value            of assets  I entered for example
    Accusation Value  100,000
    Accumulated ordinary depreciation (Old depreciation in Previous Years) RS.10,000
    Net book Value Rs.110,000
    and system Calculate the Depreciation on 110,000 as WDV 10%  that is 11,000
    My requirement is that it will Calculate it as  100000-10000
    Depreciation should be calculated at a 90000 @ 10% WDV that is 9000
    Please suggest me, how i can do.
    or other path or T.code where i can do.
    i am new please explain in detail.
    Regard
    Khalid mahmood

    Dear 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.
    My response is 100000+30000 and use 130000 as base to calculate the ordinary depreciation for the next year.
    Now Please read the first thread again and guide me according to my scenario.
    or tell me how i post the old asset value and their depreciation.
    Regard
    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,
    Karol

    Hi 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.
    Thank you,
    Karol

  • 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?
    Regards,
    Pradeep

    Hi,
    use a transfer variant which uses the net method. That should fulfill the requirement.
    Regards,
    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 all

    Hi 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
    hope this helps
    ec

  • Incorrect net book value of asset

    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
    Aditya

    Hi,
    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.
    Ganesh

    Hi 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
    Assign points if useful

Maybe you are looking for

  • Has anyone used a NI 9134 with DasyLab 13

    I am consdiering purchasing a NI 9134 for in vehicle data logging. I would like to run it using DasyLab 13. Has anyone tried this? There's never time to do it right, but there's always time to do it over!

  • How to get UIDs of pages containing a given PageItem

    Hi, I have the UID for a PageItem and I'm trying to get a list of the UIDs of the pages which the item is on. I'm using GetPageUIDs: IDocument* doc = Utils<ILayoutUIUtils>()->GetFrontDocument(); if (doc != nil) {     IDataBase* db = ::GetDataBase(doc

  • Controlling the header size when using sub templates

    Hi All, I have a conditional header subtemplate which has a different company logo for each country. I have a header sub template which has the list of all possible logo's which are conditinally invoked from the main template. Everything works fine.

  • Want to delete an old FreeCell program

    PDA is a Handspring Visor. Have FreeCell game on it but have lost the registration key. Want to delete the FreeCell game from the PDA (and from the Handspring application on my XP computer so that it doesn't reinstall when I do a HotSyn.) Then I can

  • Struts2 - Hello World

    I have been trying for some days to get the "standard" example (varying flavours) to work. The error that keeps on appearing is "There is no Action mapped for namespace / and action name HelloStruts. - [unknown location]". I have tried many combinati