Reinstate asset incorrectly retired in last FY

Hi Gurus
can anybody advise if it is possible to reinstate an asset which was wrongly retired in the last Financial Year.
It is not possible via AB08 as the last accouting financial year is already closed. Is there a workaround solution?
Please advise.
Thanks.

Hi
With OAAQ - Entire Company Code you can reopen the old year.
But then you create the posting in the old fiscal year, and you have to run your depreciation run again(and perhaps periodic postings).
Paul

Similar Messages

Reverse asset retirement from last year

Hi,
One asset was retired in Dec 2009.
Now we want to take the asset back in our books and then sell it to another customer.
Problem is: i am not able to reverse the retirement from 2009.
Also tried using post capitalization ABNAN, but system gives error message "Fiscal year 2010 is incorrect for post capitalization of asset"
Asset Acquisition date is in 2008.
Fiscal year 2009 is closed and can not open
Can anyone help me out with this problem?
How do i reverse the retirement in 2010??
Regards,
Smile

Hi,
While doing ABNAN, use original asset value date (Date in closed FY).
Thanks,
Srinu

Asset and sub asset simoultaneous retirement

can i config the system such a way that for specific assets...if i retire the main asset the sub assets are retired automatically....

Hi,
I don't think, this is possible.
The purpose of subnumber is to control subsequent acquisition to the main asset and/or represent complex fixed assets with their component parts.
You can retire all the subnumbers with multiple option in ABAON but I don't think you can default retirement of all subnumbers when you retire main asset.
Best Regards,
Madhu

FA fixed assets API retirements

Hi, everyone know haow can I use API to retirements Fixed asset, what is the several set up?
Mass External Retirements
please
Edited by: 1010437 on Jun 7, 2013 3:53 AM

Pls check with this API
The Retirement API procedure is called: FA_RETIREMENT_PUB.DO_RETIREMENT ()
pls refer this note
Oracle Assets Retirements/Reinstatements API Documentation Supplement [ID 206476.1]

Group Asset Partial Retirement

Dear All,
I am using Group Assets and I would like to partially retire an asset attached to the group asset. The issue is that SAP is making a positive adjustment on the current year depreciation, and only this year's depreciation is incorrect. All the following years depreciate correctly, according to the newly calculated NBV. Does anyone know if there's something in Customizing that I can adjust or will my users have to manually re-adjust this?
Thank you!
Regards,
E.

Hi Sharif,
I think system is correctly posting to loss/gain account to the externt sales value and net book value difference. It should not go to asset logically, don't you think so? Why do you think it should go to asset?
I hope this clarifies your doubts.
Thanks!!!
Murlidhar Khatri

Asset Query - Retirements

Dear All
Can you please help me out. I am creating a query in SAP to display asset transactional data and master data. I have encountered two issues.
1. I cannot find a field or table which shows the retirements value. This is available in the Asset History Report. I tried table ANLC but no values are filled in the column for retirement.
2. I am trying to show all assets even those with no transactional value. I am linking tables V_ANLSUM_1 and ANLA to do this but cannot get the list of assets with no transactional values included.
Your helpd is appreciated.
Yours
PRG

you need to check values posted with transaction type group 20 in ANEP this will be data related to retirement.
For unposted assets, you need to take selection parameters and directly take data in ANLA rather than pushig values of tructure to ANLA.
Hope this helps!!!
Murlidhar Khatri

Asset incorrect capitalization date

An asset is created with an incorrect capitalization date with date feb 2007. now they found out the cap date should be 12/01/2007, so the asset is posted with addl depreciation for 10 months . how to credit depreciation
What is the ideal way to correct it.
Fyi..2007 is already closed.
Any clarification is appreciated.
Thank you

Thanks for your response..I realize I just have to write up depreciation using ABZU, but do I need to make any changes to the asset master to the depreciation start date
Also when I use ABZU/ ttype 700 to writeup does it recalculate depreciation.
Thank you

What field holds the proceeds from a partial asset disposal/retirement?

When you do a partial dispose/retirement of an asset, what table-field holds the proceeds of this transaction?

Yes, that is correct. The transaction amount will show up in ANEP-ANBTR.
If you dispose of $100 worth of asset, the $100 shows up in ANBTR.
But you sold it for $150. Where does the $150 show up?
In some accounting document?

FICO: Asset Accounting : Retirement

Dear Friends,
Can someone share the asset disposal posting for the below scenarios.
1 . Asset disposal end of its life with customer with gain or loss
2 . Asset disposal mid of its life with customer with gain or loss
3 . Asset disposal end of its life without customer with gain or loss
4 . Asset disposal mid of its life without customer with gain or loss
Thanks,
Regards,
Perumal
help.sap.com

Hi,
Welcome you post on the forum.
However this forum is not a proper one for you. You need to post on the [ERP Financials - Asset Accounting|SAP ERP Financials - Asset Accounting; forum.
Please close this one.
Thanks,
Gordon

Asset accnting - Documents from last posting run in 2007 r not yet updated

Dear expert,
I have accidentatlly repeat run the depreciation so I deleted the batch file and re-run the correct one however I received message Documents from last posting run in 2007 are not updated. How to correct this?
thank you

I have resolved this issue. Actually the porblem was not as complicated as I thought.
Since I have accidentally run the reverse depreciation for 2007, I just let it post to 2007 period 12.
Then I changed the depreciation key back to ZLIN and re-run the depreciation and posted it in 2007 period 12. By doing this I nullified the previous wrong depreciation.
Next step I carried AJAB and closed the year 2007 without error. After that I went to change back the depreciation key to '0000' no depreciation.
With this workaround I managed to resolve the problem.
From this experience I advice user who want to change the depreciation key, before doing that better make sure your previous year has been closed. Else you will have problem closing your previous year after you have changed the depreciation key.
Dear Paul Annotee,
Many thanks to the support and suggestions you have given me. Thanks again.
regards,
Max

EAM: Reinstatement of assets retired in previous Financial Year

Guys,
I have 19 assets all of them got retired in the month of Dec-2011 (Financial Year period 1-Jan-2011 to 31-Dec-2011). Now customer as on 1-Jun-2012 (Financial Year period 1-Jan-2012 to 31-Dec-2012 ) wants me to reinstate all of them back to Oracle. If I am not wrong, Oracle does not allow to reinstate assets in current financial year if they are retired in the previous financial year. Can you please enlighten me on it?
Thanks
Sunil

Hi Rohit,
I had a similar requirement for Fixed Assets. The response from SAP was that this cannot be done for Assets Acquired in Current Fiscal Year and needs to be done manually. Version I was using was 2004A.
Have you been able to get a solution since?
Regards

Asset retirement - Error - AA416 & AA324

Dear All,
I am getting following error while doing asset retirement through t-code F-92.
My legacy transfer date is 31.03.2009
I am retiring last year legacy asset.
For few of the asset class I am getting this error. For few of the asset I am not getting this error.
*Following is the Error 1 detail:*
Retirement of old assets data not possible (No existing old assets data)
Message no. AA416
Diagnosis
You have tried to post an retirement based on amount, using a transaction type which refers to old assets data (acquisitions from previous years).
However, the sum of the APC at the start of the fiscal year and the transactions, related to the past, equals 0.
Procedure
Check the transaction type entered and the asset.
_Following is the Error 2 detail:_
For few of the asset while retiring I am getting the following error. I also try with transaction type 260. But the same error I am getting.
Posting with trans.type 210 not possible (No acquisition posted)
Message no. AA324
Diagnosis
Transaction type 210 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 transaction type group, which can be used for the first acquisition to an asset.
Regards,
nms

Dear Phaneendra,
Thanks.
Even I tired with 260 transaction type, but I am not able to retire the asset.
Retirement of new acquisition not possible (Transaction total = 0)
Message no. AA417
Diagnosis
You have tried to post retirement of current acquisitions, although the sum of the transactions for the current fiscal year is zero.
Procedure
Check the transaction type entered and the asset.
Regards,
nms

Asset Write-off after retirement

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.
Is there any other way I can write off the asset after retirement only in secondary ledger?
Thank you for reading this and your help.
Jay

Hi Bernhard,
Why you can't make a write-off?
A: Because it gives me an error message. When I try to use ABSO, it gives me an error message saying Asset retirement has alredy been posted so transaction not possible. I am using ABSO because I want to make changes only in ledger A2 (secondary ledger / US GAAP). I can't ABAVN again because it will affect both the ledgers which I want to change only US GAAP.
Is the asset deactivated after ABAVN?
A: No, the asset is not deactivated. It is still active and in use.
Thank You,
Jay

Fixed Assets - retirement issues

Oracle Assets : Retirement and reinstatement of an asset
Version -10.7
Units : 12 Nos.
Dt Placed in service : 03-05-2001
Units retired : 3
Dt of retirement : 16-05-2001.
In process of retirement, entered wrong date(i.e
default date of the current open period - 30-June-2001)
and retired the asset. Then, Calculate gain/loss program
was run which ended with error no.APP-48154.
Failed reason: FAPROC : Units out of balance.No more assets
to retire.
Later,instead of reinstating,corrected the current cost
in the depreciation books thinking that in retirement books
it would be reinstated with original cost and units.But it
didn't happen so. And then,we tried to reinstate - by querying
on transaction number and then row/delete. It is not getting
deleted.
Error message: APP-47433
You cannot delete retirement because there are transactions
after it
Cause:
"You have performed one or more transactions on
this asset since the partial retirement so you cannot
reinstate the partial retirement.
Action:
Use the Transaciton History form to view the
transaction history for this asset.
Now, what is the course of action?

You might have luck - if you post in the right forum!
Try here - SAP ERP Financials - Asset Accounting

Retirement of the same asset more than once

Hi,
We have an issue where in one of the user has disposed an asset in the 1st week of September with an incorrect amount. Unknowingly, we disposed the same asset at the end of the period with the correct amount. We fail to understand how an already retired asset can be retired once again.
First time the following assets (100914 & 100915) were retired with document numbers (1033073 & 1033074).
The second time the same assets were retired with the document numbers (1033208 & 1033209).
An early response would be appreciated.
Thanks n Regards
Osman

Hello Osman,
Is the error message you are encountering AU133?
Check if the "Below-zero account setting from finish of useful life" in the posting rules of a company code (Transaction OAYR) is activated.
If no below-zero account is defined in the Customizing, error AU 133 appears.
Please check if it helps.
Regards,
Karthik

Reinstate asset incorrectly retired in last FY

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