Rectification for asset acquired thru manual JV

Hello Experts,
My Client has acquired one asset 2 years back by just passing a manual JV in books. the depreciation for which has already been accounted thru manual JV only.
now the requirement is to take the asset in Asset Module in current Fiscal Year so that the depreciation can be calculated and posted by Standard Depreciation Run.
Asset was acquired on 01.04.2012 at $500000
Depreciation posted for FY 2012 & 2013 @ SLM 10%
Now, we want to take the residual asset value in books and also the accumulated depreciation value and going ahead the depreciation to be calculated at 10% SLM i.e. $50000 PA.
Can anyone please suggest me how can I do this in system now?
Regards
Jyot$

Hi Jyots Tai,
Jai Maharashtra!!! ;-)
1. Asset you acquired in 2012 for 500000
2. Dep in 2012 would be 37500 and in 2013 would be 50000
3. Solution approach as below
a. Create asset As01
b. Do post capitalization from Abnan
c. Value date in abnan should be 01.04.2012, doc date and posting date can be today's date
d. System will generate accounting entry as
Asset APC Dr. 500000
Accum dep Cr. 87500
Revenue from post capitalization Cr. 412500
e. Reverse earlier JV as below
Revenue from post capitalization Dr. 412500
Accum dep posted manually Dr. 87500
Asset APC postd manually Cr. 500000
f. Run afab from2014 as usual
I handled this case very recently
In e use the same GL accounts you used earlier for manual postings
Br. Ajay M

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I am new to Asset accounting. I have a problem which says likes this at the time of a Down payment request creation:
Message no. F5378
The asset number assigned in the purchase document
is different from the asset number entered manually
cannot be transferred, because the 'Asset number' field was hidden for the account in question
System Response
In the first instance a warning appears, drawing your attention to the different account assignments. In the second instance an error message appears, because the asset number must be transferred from the purchase order but the necessary field is hidden.
Procedure
If you receive the warning, check which asset number is the correct number for this down payment.
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How can I solve this issue ?
Regards,

hi,
Pls follow some point:
Complete the Fixed Asset acquisition process from a Payment.
Define the process from Payment to Fixed Asset Acquisition document to Fixed Asset Registry.
Manage and process the Fixed Asset Shell.
Summary of Steps:
Payment Processed via PRC
Payment Disbursed in nightly batch
Fixed Asset Shell Created in a weekly Bach (currently after AD/EFT date reached)
Department Monitors Fixed Asset Shells from Fixed Asset Payment Request (FAPR) Table.
Departments update FA Shell with appropriate information to Fixed Asset Document
Fixed Asset Shell Defined:
The Fixed Asset Shell is a Fixed Asset Acquisition document that has been automatically generated by MMARS after an eligible payment and disbursement have been completed. It is used to record, better or increase the value of a Fixed Asset. Departments will manage the Fixed Asset Shells via the FAPR table. After processing the Fixed Asset Acquisition document information is updated in the Fixed Asset Registry.
To create a Fixed Asset Shell the Commodity and Unit Price must match or exceed the Fixed Asset Shell threshold settings defined for each fixed asset eligible Commodity Code. These threshold settings are stored in the Commodity FA Threshold (COMMFA) table in MMARS and sorted by Commodity Code.
Fixed Asset Document Structure:
Notes:
Step 1 - From the Home Page
u Click Search
v Click Page Search
v
u
Step 2 - From the Page Search
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u
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Step 4 - From the FAPR Table
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u
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u
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B - Building
C - Construction in Progress
E - Equipment Other than H, K or V
H - Landmarks/Monuments/Artwork
I - Infrastructure
K - Computers/Software/Cabling
L - Land
V - Vehicles u2013 Air/Land/Water
S u2013 Computer Software over $1million
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x Keep Event Type FA01 (Acquire a FA) if Applicable, otherwise update
yClick Responsibility Center Link
y
x
w
v
u
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v
u
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Step 11 - From the Component Section
uClick Component General Information
u
Step 12 - From the Component Section
From the Component General Information sub-section
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the acquisition detail
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u
Step 14 - From the Component Section u2013 Component Location Details Sub Section
uType [Location Code] in the Location field (or click the Pick List Arrow to select)
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u
Step 15 - From the Component Section u2013 Component Classification Sub Section
Step 15 - From the Component Section u2013 Component Location Details Sub Section
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w
x
v
u
Step 15 - From the Accounting Section
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v
u
Rohit Agrawal

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Urgent!
My client paying advances to vendors, thru TC-F-48.
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Contact your system administrator (table error)
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Diagnosis
No account has been entered for posting down payments in area 01 under the account assignment key 4800 (chart of accounts FTL).
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Dear friends,
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Dear Bernhard,
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Hiii SAP gurus,
this is ramki
can any body tell me how to raise Purchase Orders for Capital Goods ( Assets ) and the required configuration also...
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Edited by: Ramki on Jan 9, 2008 5:58 AM
Edited by: Ramki on Jan 9, 2008 5:59 AM

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Then Good receipt;
system automatically post,
ASSET A/C Dr
TO GR/IR A/C
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GR/IR A/C dr
to Vendor a/c.
payment
Vendor a/c.dr
to Bank a/c
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