New Asset Class Setting

Hello SAP Gurus,
I need to set a new asset class.
I've done following customization in SPRO:
- Financial Accounting / Asset Accounting / Organizational Structures / Asset Classes / Define Asset Classes
- Financial Accounting / Asset Accounting / Organizational Structures / Asset Classes / Specify Account Determination
- Financial Accounting / Asset Accounting (Lean Implementation) / Organizational Structures / Assign G/L Accounts
But still the new asset class is not listed e.g. in AS02 in asset class matchcode.
Please help.
Ondrej

Have u completed the Chart of Depreciation assignment exercise?If not, please carry out the same.
1) IMG->Financial Accounting->Asset Accounting->Organizational Structures->Assign Chart of Depreciation to Co. code.
2) IMG->Financial Accounting->Asset Accounting->Determine Depreciation Areas in the Asset Class.
Please let me know if still u r getting errors after doing these configurations.
Please reward points if u find this to be useful.
Thanks,
Prithwiraj.

Similar Messages

Transfer of existing assets to new asset class

Hello Experts,
We are working in a one-year old implementation of SAP ECC 6.0. A need has raised which is forcing us to transfer an asset with some Depreciation areas (we are currently working with ten areas between Real Depreciation Areas and Derived Depreciation Areas) to a new asset belonging to a new asset class with fewer areas.
We created the new Asset Class and tested in the quality environment using transaction ABUMN. An example was transferring an asset with two months of depreciation already posted and transferring this one to the new asset at the beginning of the next month.
The main issue is that we desire that the original asset keeps posting depreciation for the areas that are not transferred. Unfortunately, in our tests in the quality environment we have not accomplished this, what the system does is transfer the values to the new asset and then when you run transaction AFAB the new asset does post depreciation in the fewer areas that the Asset Class it is assigned to has but the original asset does not post any depreciation in any area.
We tried maintaining the Transaction Types for Transfers that were used by the system by deselecting the 'Deactivate fixed asset' but it did not work and then we tried creating our own Transaction Types but this also was of no use.
Hope you can shed some light into the issue!

Dear Sankar,
Thanks for such a quick reply. I have already considered that (SAP forcing you to transfer the whole asset) as a possibility. Unfortunately, as I have already mentioned here at our implementation we need something like this to happen.
Let me elaborate. For the fiscal Depreciation Areas we are required to keep the original information on the asset so that the depreciation that is calculated does not change but conversely for the other areas we desire to change the depreciation that is calculated and posted (for example, some assets will suffer a change in the useful life others might merge into one big asset, etc.) but what we definitely need is to keep the original information in the fiscal areas so we can keep reporting that and therefore can keep paying the correct amount to our local tax authorities.
As I mentioned before I have already considered that as an option. So what we thought was duplicating the assets (through a mass charge of all our assets with the current values), then transferring the 'clones' to assets with fewer Depreciation Areas (we will eliminate the Fiscal Areas since this new assets will be only useful for the non-fiscal depreciation calculation which is the one that will change).
To sum up: the clones will not generate depreciation because when transferred they will be worthless. The assets they were transferred to will generate the non fiscal depreciation.
And finally on the original assets we will deactivate the non-fiscal Depreciation Areas so that these assets continue to calculate the fiscal depreciation.
I would really appreciate your opinion on this strategy or if you think it is a bad or incorrect strategy I would appreciate even more an advise on this matter.
PS. a little doubt now also strikes me: what is the "Deactivate Fixed Asset" in the Transaction Type definition for?

New asset class not showing in the list (AS01)

Dear Experts,
I have created a new asset class through the following configuration (IMG):
- FA - Asset Accounting - Organization Structure-Asset Class-Specify Account Determination
- Financial accounting --> Asset accounting --> Organizational Structure --> Asset Class --> Define asset classes
- Financial accounting --> Asset accounting --> Organizational Structure --> Integration with G/L --> Assign G/L account
When I would like to create a new asset through AS01 and want to choose the new asset class, there was not a new asset class I've configured before.
Am I miss a step when creating the asset class then?
Please advice.
Thank you.

Hi Putri,
Company code is assigned to Chart of Depreciation.
Just want to make sure that you go to t-code : OAPL first and then input your Chart of Depr.
Afterwards you can go to t-code : OAYZ and activate the depreciation area for your asset class.
All you have done is already ok. So just make sure that you work in the right Chart of Depreciation when you do the OAYZ.
Hope it helps.

Transfer assets collectively to new class and create new assets like ABUMN

We need to change the account determination for a few Asset Classes that already have assets with postings. As a result we must create new asset classes and assign a new account determination.
Is there a program that would allow transfer assets collectively to a new asset class and create new assets automatically similar to ABUMN? T-code ABUMN allows you to transfer multiple assets but you must create the new assets first. ABUMN will transfer and create new asset but only does one asset at a time.
There are hundreds of assets with postings to be transferred from the old asset classes to the corresponding new asset classes.
Appreciate whatever input you can provide.
Tara

download the asset master data(original) and create new asstes using lsmw or any third party tool also.

Create new depreciation class for the existing asset

Dear Experts,
Please explain step by step:
1. How to create a new depreciation class for the existing asset
2. How to make a asset transfer to the new asset in the new asset class?
Thank you in advance

Hi,
The pre-requsit of creating a new assets clause :-
1. Co. code assigned to Chart of Dep.
2. Dep areas have been defined
3. GL account no. is not more than 8 digit.
The transfer of an assets within the same co code can be done thru T.code ABUMN.
Award if helpful
Sunil

LVA Asset Class

< MODERATOR: Message locked. Please post this message in the [Asset Accounting forum|SAP ERP Financials - Asset Accounting;. >
Hi,
Due to change in Statutory Regulations it is necessary to create a new asset class in Company Code, LVA- Low Value Assets. Since 01/01/2008 it is mandatory to create such assets with a value from 150- 1000 EUR one asset item. LVA acquisitions are recorded under a collective item- a summerization of low value assets in 2008. The depreciation of these items is once a year at 31/12 over 5 years.
For this issue, do we have to create a new Asset Class for Company Code. Please let me know the detail steps involved to create this Asset Class.
Quick response will be appreciated.
Thanks & Regards.

Dear Jay,
I didn't see a configuration setting to set the minimum amount for asset class even for LVA asset class - in LVA asset class we will specify the maximum amount only not the minimum amount.
I think through SAP standard setting this is not possible and may require some enhancements for this.
Regards,
Kiran Yelamarthi

Transfer assets from one asset class to another having different depreciation keys.

Hi Gurus,
     I am a noob in FICO, and I am facing a problem while transferring assets from one asset class to another.
Below is the scenario.
I created two assets 100000000000-0 under asset class 4690a and 200000000000-0 under asset class 4690b. And I am trying to transfer the
asset from class 4690b to 4690a by selecting the option ‘New Asset’ in the transaction ABUMN. While doing this, I am receiving an error message as below.
'Posting with trans. type 300 not possible (No acquisition posted).'
     Message No. AA324.
Diagnosis:
     Transaction type 300 belongs to a transaction type group, which can only be used to post to assets to which posting has already been performed. However, no postings have been made to this asset.
Procedure:
     Use a transaction type from a transactio type group, which can be used for the first acquisition to an asset.
The error is related to the transaction type which I hadn’t explicitly created anywhere. But, when checked in transaction AO76, the transaction type 300 belongs to the transaction type group 30. In this group I am not able to find any solution related to the error.
Moreover, in some of the threads in SCN, I read that modifying the transaction type group might lead to something fatal.
Kindly help me in the below.
1. What exactly the error message is related with?
2. Is there any other method to transfer the asset to another class?
Please let me know if any further details are required regarding the scenario.

Hi ,
I understand that you want to transfer the old asset to new asset with different asset class with different depreciation keys and the old asset is not yet capitalized and does not have any Asset Values.
Assuming that since the First Asset is not yet capitalized, that seems to be that its just that ASset Master is created and no Asset Values appear in the Asset.(in other words no acquisition, capitalization, no dep. start etc.)..
Alternatively this asset can be advised to be blocked and flagged for deletion and create a new Asset in the new Asset Class and then capitalize the new asset by doing the acquisition according to the business process i.e. either via PO based process(GR) or Non PO based process.
The transfer of asset is required incase the old asset still have the values and you are transferring the old asset to new one with the left over values.
Also would request you to kindly share some screenshots of the AW01n of the old asset and screenshots of the AS03 to have more idea on it and provide a better solution to the same..
Warm Regards,
Vineet

Different GL Account for WRX for Separate Asset Class

Hi Gurus
We are on 4.7 in a Production environment. We have the following scenario:
We have created a new asset class called as LA. For procurement of asset from this asset class, we want to maintain a different GL in the WRX (GR/IR) account key in OBYC. All the other assets should use the default WRX GL account except the new asset class LA.
Pls advise on how to achieve this.
Regards

Hi
Asset postings will not be based on valuation class/ class. What ever is the default GL account assigned in WRX (without valuation class) postings will hit that account.
Thanks

Link Asset class to an Asset Reconciliation GL Account

Hi Everyone,
i want to specify a new Asset Class to a Particular Asset Reconciliation Account, which i have created in FS00 and also mentioned as a Reconciliation account in OAMK. can anyone help me where can i go and do this ?I am using ECC 6
Thanks & Regards,
Guru

Account determination key is maintained in asset class. Using AO90 transaction code you need to maintain GL Accounts for Acquisition as well as other accouonts against account determination.

Asset class Land separate & building separate ( for 1 asset)

Warm Greetings to All Group Members
Require Best practice solution
Current Scenario Our company Purchased the building in 2009 and In SAP system Building was created, posted to asset class Building with the depreciation for 40 Years
Our Audit department is requesting our Finance department to show two assets separate as
1) land with useful life 40 Years with value
2) Building with useful life Zero with value
Note
current The posted asset in sap Has value ( Building + land)
2.Our company is state transport company
Please suggest me/as what is the best practice
Should i create a new asset class separate as land and move the value of building to land
Your Early Reply will be appreciated
regards
shamul heq

Hi Shamul heq
If you want to manage land and building separately, you need to create new asset class for land beside asset class for building. Then create new land asset master data under land asset class and transfer value of the land from original building asset to newly created land asset.
Alternatively, case of no necessary to manage land seperately, you can simply transfer the value of land to sub-number asset of the building asset. In this way, you can manage the building and the land as one asset in SAP system.
Regards
George

Changing an asset class determination account

I have an asset class numer 233 this class has a determination acount numer 1 configured in its class master record. One asset was created using tx as91 with this class and 6 months depreciation was run (tx AFAB).
Now I need to change the asset class account determination from 1 to 2. Is this posible ?, how ?.

One you have assets with postings in an asset class you can no longer change the account determination.
As an alternative you can create a new asset class with the correct/new account determination. Than you can transfer the assets from the existing asset class to the new one using transaction code ABUMN. If you have many assets to transfer than you can use the mass change functionality.

How an AUC asset class can be assigned to internal order type

Hi
We want to create new AUC asset class for our requirement. For that purpose we want to use existing internal order type of my new AUC asset class also. When we create internal order in KO01 and create AUC in same step new asset class should be picked up. Please explain me how we assign internal ordet type to AUC.
Regards
Padma

Hi Padma
Do the following configuration steps for AuC scenario.
1. Asset under Construction
1.1 Define Screen Layout for Asset Master Data
IMG Investment Management Internal Orders as Investment Measures
Master Data Assets under Construction Define Screen Layout for
Asset Master Data
1.2 Define Asset Classes
IMG Investment Management Internal Orders as Investment Measures
Master Data Assets under Construction Define Asset Classes
2. Asset under Construction
2.1 Define Model Orders
IMG Investment Management Internal Orders as Investment Measures
Master Data Orders Define Model Orders
2.2 Define Order types (KOT2_OPA)
IMG Investment Management Internal Orders as Investment Measures
Master Data Orders Define Order Types
2.3 Define Investment Profile and Assign
IMG Investment Management Internal Orders as Investment Measures
Master Data Define Investment Profile
3 Settlements
3.1 Maintain Allocation structure
IMG Investment Management Internal Orders as Investment Measures
SettlementMaintain Allocation Structures
1.2 Maintain Settlement Profile
IMG Investment Management Internal Orders as Investment Measures
SettlementMaintain Settlement Profile
3.3 Maintain Number Ranges for Settlement Documents
IMG Controlling Internal Orders Actual Postings Settlement
If you want budgetary control also do the following steps:
3 Planning and Budgeting
3.1 Maintain Planning Profiles
IMG Investment Management Internal Orders as Investment Measures
Planning and Budgeting Maintain Planning Profiles
3.2 Maintain Budget Profile
IMG Investment Management Internal Orders as Investment Measures
Planning and Budgeting Maintain Budget Profile
3.3 Define Tolerance Limits for Availability Control
IMG Investment Management Internal Orders as Investment Measures
Planning and Budgeting Define Tolerance Limits for Availability Control
Regards
Kiran

Screen layout control while creating the asset class

Hi friends,
I am trying to create the new asset class by copying the existing asset class. As the time of creation i have changed the new account determination and screen layout rule. While saving the system is giving error message that - Screen layout control .... does not exist.
How to overcome the above issue.
BSR

Hi
SAP standard provided certain specific screen layout based on asset class. please select the correct screen loyout based on your asset class.
Let me know, if the probelm not solved yet,
award points, if problem resolved.
Best regards,
S. Habib Pasha.

Wrong assignment of Balance sheet accounts for Asset Classes...

dear all,
there is wrongly assignment of acquisition balance sheet account in asset class in t code is AO85 that is, Acquisition:Acquis. and production costs an Accumulated Depreciation Balance sheet account have been assigned. Also in t code AO93 for ordinary depreciation same correct accumulated depreciation Balance sheet account have been assigned.
Now i can say that Acquisition balance sheet account and accumulated depreciation balance sheet account are assigned with same GL (i.e. accumulated depreciation account).
The transactions data have been posted for the asset class with different tcodes i.e.
ABAVN Enter asset transaction: Asset Retirement
OASV Enter Transfer Posting
AIBU AUC Settlement
ABUM Enter asset transaction: Transfer in company code
AB08 Documents from asset
I wanted to post transaction data with correct acquisition account. What should i do to correct posted transactions..
Waiting for positive response.
regards
saqib usman

The best way is to create a new asset class and to transfer the existing assets.
An other option is to change the G/l account in the development system and transport to production. In development it is only possible to this when there are no posting in this asset class. When there are posting you have the option to reset in development asset accounting. Then you can change the G/L account. Have a look to SAP-notes with your error there is a note for.
When the changes are in production you can make a manual correction with the transaction ABF1 (SAP note 69225).
With this option you have the problem that the original postings are no longer in line with the asset account assignment. When you want to do a currency conversion in the future you have to make correction posting again in the old fiscal year

Asset Class change.

Hi experts,
My client want to change asset class of existing asset? Please explain me the procedure?
i.e : my client is having asset class '1000' and all assets are created by using this asset class. Now they want to create new asset class say '2000' and change some existing assets from '1000' asset calss to '2000' asset class. Please suggest me now can it be possible?
Regards,
Sam.

Hi Samiuk,
It is unfortunate that SAP does not allow changing asset class directly in asset master and only by asset transfer (ABUMN) for this purpose. Although new fixed asset number will be assigned following the asset transfer to new asset class, the original asset number will also be transferred automatically and can be found under 'Origin' tab in the respective asset master.
Report 'S_ALR_87012058 - List of Origins of Asset Debits' can be used to display the relationship between the new fixed asset number and the original asset number.
Hope the above helps.
Cheers,
John Chin

New Asset Class Setting

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