Park Asset Write Off Posting

Dear SAP Gurus,
Can anyone help me with one of the Asset scenarios, whereby the user wants to have the option to park the asset write off first before making the actual posting. I can't seems to find any function available for this. If not, can anyone suggest if there's other way to resolve this.
Thank you very much. Your advice is much appreciated.
regards,
Aziah
Edited by: Ku Nor Aziah Ku Ariffin on Aug 2, 2011 8:21 AM

Hi
Welcome to SDN
I dont think its possble... You can Simulate the entry before posting, check and then Post... there is no option to Park as far as I know
br, Ajay M

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Can anybody explain me about an asset write-off procedure before the End-of-Date of that asset value date.
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Thanks in Advance...

Hi Pal,
Thanks for your reply..
Here, we are having around 70 assets. For that we can do like this??
If we will do 100% dep. now itself, the remaining amount will post to the depreciation account na?? With this no problem??
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Hi Experts,
I want to write off an asset in next 4 periods of the current fiscal year 2007. For example:
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APC Date: 01.01.2005
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The book value left at the begining of the current fiscal year 2007 Rs. 4000.00
In the current fiscal year this asset has already been depreciated for previuos 3 periods.
Now Business wants to write off ( fully depreciated ) this asset in next 4 periods equally and then if the book value and tax value is nil, they want to scap the asset.
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BABA

Hi,
You would have to set the asset to manual depreciation(Depr.Key MANU)
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Kind regards

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Dear Masters in Asset Accounting,
I have a situation where I have to write off the asset in secondary ledger (Ledger A2). The problem is that the asset retirement (ABAVN) was done in the past so I can't write-off the same by using T-code ABSO. Also, we are posting the depreciation to that asset since last 5 months, so I can't write-off by using FB01 / FB01L.
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Hi Bernhard,
Why you can't make a write-off?
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A: No, the asset is not deactivated. It is still active and in use.
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Hi Jeremy Lumb
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transaction ABAVN?

Process of Asset Write off.

Hi
Can any one tell me the process of Assest Write off. Is there any transction for writing off the assets.
Please advise.
Thank you.

Prasad,
You can use Transaction Code ABSO for Write off of the asset.
Then system increased the Value of asset as under
Accumulated depreciation ac...........Dr
Asset ac............................Cr
Let me know if you need any other information on this.
Regards,
Venkata Raju

Write-off asset below or after certain Value of Asset.

Hi All,
I am try to write-off asset value from using ABZU - Write-Up But i am confused is it wright tcode or any other process please help me.
Regards,
juhi

Hi All,
Thanks
When I try to post write-off asset useing ABZU error will be coming You cannot post write-ups
We are using the Transaction Type - 700
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Juhi
Edited by: juhis022 on Aug 24, 2011 8:57 AM

Write off asset under construction

we have one AUC, we have create a PO for this AUC, the AUC has amount of 200K USD, we haven't transfer it to fixed assets, how to write off the AUC, (we want to completely write off this AUC, because the company code which creates this AUC going bankruptcy), I tried ABAON, ABAVN, but this is specific to asset, asset under construction can't be used. any idea? thanks

Hi,
1) AIAB - Distribute (update a rule with G/L settlement with a GL account for 100%)
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Or
2)
Posting direct FI entry.
FB01
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Credit 75 posting key Asset #
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Madhu

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Post unplanned depreciation in the amount of the current net book value. Keep in mind that this will take affect after depreciation is run (it is not an FI document) and will therefore show the asset as being fully depreciated.
There are some other ways (using special depreciation transactions) but this is the one most widely used.
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Hi,
I want to write off the asset value where WDV is below 5000 at certain perod end automatically.
how it is possible in system ? Or Pls let us know Which is the standard process recomended ?
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Nilesh R
Do not use SMS Language. Respect Forum rules.

Hi All,
Thanks
When I try to post write-off asset useing ABZU error will be coming You cannot post write-ups
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Regards,
Juhi
Edited by: juhis022 on Aug 24, 2011 8:57 AM

Write off the asset

Hi,
Please can someone advice me how do we write off the asset.
Regards,
Parul

hi
You can call up the asset history sheet as a totals list, or as a detail list showing individual assets. The detail list shows the capitalization date for each asset, and, if applicable, the deactivation date and any transactions in the year being reported.
There is a special history sheet version defined for showing special reserves for special depreciation. This version shows the
·        Initial balance
·        Allocation to special reserves
·        Write-off (depreciation) of special reserves
·        Write-off of special reserves due to asset retirements
·        Write-off of special reserves due to transfers
·        Closing balance
Procedure
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         Company code for the report
         Report date
         Sort version that you want to use
         Asset history sheet version that you want to use
         Use the current book value indicator to specify if you wish to show planned annual depreciation, or the depreciation already posted.
       3.      If you have not posted the actual retirement of low value assets, you can use the asset history sheet to simulate their retirement (in order to minimize the transactions necessary for their retirement). In this case, enter the asset class for low value assets.
You also need to specify a time period for the retirement simulation. Please note that the simulation time period must begin on the same date every year so that LVAs can be shown continuously and correctly in the history sheet. This fixed start date should lie in the distant past (for example 1900). Using the same start date each year ensures that LVAs, for which retirement has already been simulated, do not appear in the history sheet with their APC in subsequent years. In addition, the end date for the simulation time period has to be in a fiscal year that is still open.
The same procedure applies for intangible assets.
Graphic: Simulation Time Period
       4.      Limit the report as needed. If needed, make additional entries for lists created using batch input.
for furthur notes
http://help.sap.com/search/search_overview.jsp
http://help.sap.com/erp2005_ehp_03/helpdata/EN/4f/71e286448011d189f00000e81ddfac/frameset.htm
nagesh

Fixed asset Write up Error. ABZU(Parallel depreciation area 32 is not poste

Hi Sap Gurus,
      I am running into an error when trying to post a write up via "ABZU". Here is the error message "Parallel depreciation area 32 is not posted". Message no. AA565.
Diagnosis
The asset to be posted does not manage parallel depreciation area 32, or transaction type that you are using is limited to certain depreciation areas, and does not contain depreciation area 32. This is incorrect.
System Response
Posting is rejected.
Procedure
Check the asset and the transaction type.
I tried "Limit Transaction Types to Depreciation Areas" in t-code:OAXE for derpeciation area 01 and 32 but still i am getting the same error. I am using ttype:700. When i look into derpeciation tab in asset master record i have depreciation area 32 is there. Is there any configuration piece i am missing. We are using area 32 as IFRS in group which is copy of 01.
Any help will be appreciate.
Thanks and Regards,
Babu

Hi,
There are the following reasons:
1) The wrong transaction type is being used. Please verify that you are using transaction type in the 700 series for your write-up.
2) The transaction type is restricted to certain depreciation areas.   In transaction OAXE the transaction type can be restricted to post only to certain areas. If the asset manages a parallel area you have to extend the posting to include the parallel area.
3) The asset was created before you introduced parallel currencies and does not manage the parallel area. In this case, the parallel area must be created on the asset or the values need to be transferred to a new asset that manages the parallel area.
4) Transacion types 600 and 601 can only be used for assets that have a calculation key in their depreciation area that allows no automatic calculation (for example depr key MANU). The unplanned transaction types however can be used with assets that allow automatic calculation.
You also need to verify that there are entries in Table ANLB for the asset in question for the depreciation area.
5) Your company code uses parallel currencies (currency types 10-co.code currency, 50-Index based currency, 30-Group currency...for example). The assets created in this company code must have the depreciation areas for parallel currencies active. You can only do this in activating the depreciation areas with parallel currencies for all the asset classes used in this company code.
Check transaction OAYZ to make sure the areas are activated for all asset classes in the co.code. If not, you will need to       activate these areas and ensure the asset has all areas assigned.
regards Bernhard

Tables for additions/write-off/transfer of assets

Hi,
What are the tables for getting values reg asset additions/write-off/transfer during year/period.
Regards
Ankur

hI
Goto SE11 - give in database table- ANLA---click on display tab -
click on contents Icon which is befire Technical settings
Goto Menu bar-settingsFormat lst-choose Fields
Thanks
P J Anil kumar

Post Write-off from Disputes with Approval Process

Hi,
we want to post write-offs using the dispute escalation process. before the write-offs are posted they need to go for approval. is there any functionality within dispute mgmt which can be leveraged to post write-off from the dispute with approval

Hi,
When you set up the escalation proces with reason code write off you can do it in two ways. Set up a Workflow for the approval process. Escalations are specifically meant for that. This is possible with the standard workflow.
If you want to work w/o workflow. Then you can have the responsible person go into UDM_disputes query all specific escalation reason and e.g. change status or maybe create a different escalation reason. (E.g. Write off request/ Write off granted)
You can check if you can change the roles that certain functions can only set certain reasons.
Rgds,
Richard

Park Asset Write Off Posting

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