Retirement of Revaluation Reserve

When revalued assets are retired, the retirement document posted does not reverse the amount posted to the revaluation reserve account. We back out the revaluation reserve by posting a manual journal.
What should be the configuration in the account determination to be able to reverse the revaluation reserve upon retirement of a revalued asset, without having to post a manual journal.
Our configuration for the B/S Revaluation Account Assignment defines a separate account for the "Revaluation Acquisition Acc" and the "Offsetting Account". The "Asset Revaluation Reserve" GL account is defined in the "Offsetting Account" field of the account determination. The Asset Cost account is defined in the "Revaluation Acquisition Acc".

Hi Emmanuel,
Looks like I got a similiar requirement as yours - how did you solve it eventually, care to share?
Thanks!

Similar Messages

Reporting of Depriciation & revaluation of assets

Hi Expert
1.I have posted dep run till Feb'09. However since there is a divestment of investment & holding comp take over the assets of Subsidiary i need to add the assets from 30.09.2008 from Subsidiary & report the depriciation for Oct'08 to dec'08 . Is it possible
2. The new assets to be taken from Subsidiary with a higher value i.e at revlalued amount . Can anybody confirn the T code revaluation of the existing assets .
Regards
Saroj

HI boss
in case of upward revaluation reserve what is the standard transaction type to be used . while i have tried all of them the error is revaluation measure 00 not found . can u pls brief me more .
Secondly i have not get the answer for my first querry . Whether the dep for Oct;08 can be posted even if the dep run is posted for feb'09
Thanks is advance
Regards
Saroj

JAEHYLEE (R11i FA) 매각 대금 없이 손실로 매각방법

Purpose
mass retirement시 proceed of sales 금액만을 넣게 되어있는데,
현업에서는 매각 대금을 넣지 않고 손실로 처리 하기를 원합니다
Solution
calculate gains and losses. Here is how the oracle assets figures it out:
Gain/Loss =
[Proceeds of Sale] - [Cost of Removal] - [Net Book Value Retired] + [Revaluation
Reserve Retired Retirement/Reinstatement and Depreciation
현재 Proceed of sales에서 위 공식처럼 이득이 난 만큼 proceeds of
Sales를 줄이시면 gain loss를 0으로 맞출수 있으실 것입니다.
Reference
111102.1

Unit Balance Sheet Ledger Report

Hi simon,
 I was not given any func specs nor tech specs. I am having only the end users format with me.Now I got to implement the same in BW and generate a report. The following is the required format.....
 Total Fixed Assets
 Gross Fixed assets
 Accumulated Depreciation
 Net Fixed Assets
 capital work in progress (CWIP)
 Current Assets
 Inventory Finished goods
 Inventory raw Materials
 Inventory Stores and spares
 Inventory Work in Progress
 Inventory 
 Trade Debitors - Critical
 Trade Debitors non-Critical
 Trade Debitors
 Debitors of trading business
 Investments
 Group Investments
 Strategic Investments
 Treasury Investments
 Other Investments
 Other Assets
 Deffered Tax Asset
 Total Assets
 current Liabilities
 Deposits
 Trade Creditors
 Creditors of Trading Business
 Provisions and Other Liabilities
 Capital Employed
 Funding Details
 Share Capital
 HO Balance
 Reserves
 Revaluation reserve
 Profit
 Long Term Loans
 Short Term Loans
 Total Loans
 deferred Tax Liabilty
 From R/3 Datasources I have choosen FI_GL_4 & Master Data Financial accounting in general, 0FI_AR_4 & Master Data Financial Accounting : Customers, 0FI_AP_4 & Vendor Master Data which is in MM.
Can you please suggest me if these datasources are enough.
I would really appreciate for your contribution.
Thanks & Regards
Chandu
Thanks&Regards
Chandu
Message was edited by: kamineni c

Hi Simon,
 I still have some doubts.I was not given any func specs nor tech specs. I am having only the end users format with me.Now I got to implement the same in BW and generate a report. The following is the required format.....
 Total Fixed Assets
 Gross Fixed assets
 Accumulated Depreciation
 Net Fixed Assets
 capital work in progress (CWIP)
 Current Assets
 Inventory Finished goods
 Inventory raw Materials
 Inventory Stores and spares
 Inventory Work in Progress
 Inventory 
 Trade Debitors - Critical
 Trade Debitors non-Critical
 Trade Debitors
 Debitors of trading business
 Investments
 Group Investments
 Strategic Investments
 Treasury Investments
 Other Investments
 Other Assets
 Deffered Tax Asset
 Total Assets
 current Liabilities
 Deposits
 Trade Creditors
 Creditors of Trading Business
 Provisions and Other Liabilities
 Capital Employed
 Funding Details
 Share Capital
 HO Balance
 Reserves
 Revaluation reserve
 Profit
 Long Term Loans
 Short Term Loans
 Total Loans
 deferred Tax Liabilty
 From R/3 Datasources I have choosen FI_GL_4 & Master Data Financial accounting in general, 0FI_AR_4 & Master Data Financial Accounting : Customers, 0FI_AP_4 & Vendor Master Data which is in MM.
Can you please suggest me if these datasources are enough.
I would really appreciate for your contribution.
Thanks & Regards
Chandu

Retained Earnings

Dear Sap gurus,
Please clarify the following:
1) If all P & L a/cs. are transferred to Retained Earnings a/c. as configured, then we could finalise the B/s. Can we do this closing process, periodically say 'Monthly' to analyse Monthly Balance Sheet. If this process is done only at the year end i.e. transferring balances to Retained Earnings a/c. then how can we analyse monthly upto the period balance sheet?
2) If Tax depreciation area (15) posts difference of depreciation affecting P & L, then how this will be processed without effecting ADP A/c. Will it be a charge in P & L a/c affecting our Profits? Book Depreciation area (01) is understood well.
3) A Vendor document (Invoice) is entered in GBP, then the open item shows balance in Local currency say., USD. If the Vendor wants to pay him through GBP is it possible in SAP to pay so in Automatic Payment Process.
4) If Asset Revaluation would be posted in APC then where the second offsetting entry (CR.) would go whether to Revaluation Reserve, or Special Reserve? If none of these, will it affect ADP A/c. (accumulated depreciation a/c)? Can anyone explain this process.

Hi
Answer for your fist question is You cannot update your retained earnings account every month when you run f07 and f.16 at the end of the year then only it will update the retained earnings. You can run monthly balance sheet it will display profit/loss evry month.
Regards
Muralidhar
To say thanks reward points

Asset Account mapping

Hi,
Can anyone tell me how the asset accounts are mapped to GL recon. account?
Priti

In Asset Accounting asset classes will have account determinations. These account deteminations will link the GL accounts to Asset Accounts
Account Determination is the set of GL accounts that must get effected on asset trasactions like Acquisition, Retirement, Depreciaiton, revaluation, unplanned depreciation etc,.
All Asset Balance sheet accounts are to be created as Reconciliatin accounts.E.g. Asset Book Value, Accumulated Depreciation etc,

Split posting of Depreciation

Good Day,
Please help me on how to split the GL account posting of Depreciation using this example
Original Asset 1,000
Revaluation 500
Revalued Amount (sum) 1,500
Depreciation for the year 300
On the revaluation, the entry is
Dr Asset 500
Cr Revaluation Reserve 500
There is no problem on this entry using ABAW, this is working perfectly fine
During depreciaiton run, calculating depreciation, my client wants to post the depreciation this way:
On original asset of 1,000 (assuming that the depreciation is 200)
Dr Depreciation Expense 200
Cr. Accumulated Depreciation 200
On the revalued amount of 500 (assuming that the depreciation is 100)
Dr. Revaluation Reserve 100
Cr Accumulated Depreciation 100
My client wants that the GL account for revaluation reserve will be updated every depreciation run. As I run AFAB, the depreciaiton is lumpsum and does not split to 2 different GL account as I want to.
Would like to ask for advice on what additional configuration is necessary to be able to achieve such requirement.
Will appreciate valuable inputs.
Thanks,
Rod

Access AO90 transaction and in that under depeciation node give GL accounts under "Account assignment for revaluation on Depreciation" for "Reval. accumulated ord. depreciation"

Difference Between AR29 & ABAW

Hi,
AR29 & ABAW is used for Assets revaluation. But i am unable to know when the AR29 and when ABAW needs to be used.
Please Reply.
Note: We have policy of revaluing the assets every three years. We have already revalued before moving into SAP. So there is opening balance exists in Acc Depn, Revaluation reserve, depn on revalaution, etc.

For manually posting revaluation amounts of APC and accumulated depreciation for individual assets ABAW is used. While for posting automatically revlauation collectively for many assets with an index for revaluation AR29 is used.
Thanks and regards
Kedar

Reversal of Revaluation Amount in Assets at the time of retirement

Hi
I have posted revaluation through ABAWN. I have run depreciation and all entries are posted properly. Now i am retiring the asset through F-92.
After running F-92, entry was posted. I went through the entry and i found that the entry related to Original Cost (ie profit / reversal of accumlated depreciation, etc) was perfect. However reversal of revaluation entry was not passed in GL. I ran depreciation run for that month. Inspite of depreciation run, the revaluation was not reversed.
However in AW01N, the value is zero. Revaluation amount is value adjustment field (under comparison) & closing value is shown as zero.
Let me know when reversal of revaluation entry is passed.
Edited by: Deepak Agrawal on Oct 8, 2009 6:00 PM

Hi
I tried ASKB. But it gives error: Account 'Capital. difference/Non-operatng expense' could not be found for area 90
Area 90 is depreciation area for revaluation. I have to specify GL account in AO90. But i want to know the use of that field. What is the purpose of that field. Let me know how to go ahead.
Edited by: Deepak Agrawal on Oct 9, 2009 2:18 PM
Edited by: Deepak Agrawal on Oct 18, 2009 10:33 AM

Exchange Rate difference in Balance Sheet-Revaluation in Foreign Currency

Hi
I wanted more clarification on the Exchange rate difference the system calculates when we generate a balance sheet and revalue at a fixed rate. The system does not give a breakup of the echange rate calculated. How do we arrive at the exchange rate.
And after having the exchange rate entries posted in the system. Can the system the show these values in the Balance sheet after Revaluation
Regards
Farheen

Dear Gordan
Below mentioned is the balance sheet which is Revaluated in Euro(System Currency)at a Fixed Rate of 1.42.
at the end of this report we can see that the system has calculated Exchange rate difference as Euro -66483.03 .We want a break up of that amount which is calculated by the system
Account Name     Beginning of Year(EUR)     Current Period(EUR)     Beginning of Year(Revaluated by EUR)     Current Period(Revaluated by EUR)
Asset                                          129,932.14        129,932.14                               115,984.30     115,984.30
Fixed Assets
Owned Assets
Leasehold Improvements
Computers
Office Equipment
Furniture And Fixtures
Vehicles
Medical Equipments
Tangible Assets
Capital Work-In-Progress
Capital Work-In-Progress - Assets
Investments     104,895.10     104,895.10                                 104,895.10 104,895.10
Long Term Investments
Short Term Investments     104,895.10     104,895.10     104,895.10     104,895.10
Short term Investments
Long Term Investments     104,895.10     104,895.10     104,895.10     104,895.10
121001 - Equity Investment in Subsidiary-India     104,895.10     104,895.10     104,895.10     104,895.10
Current Assets, Loans And Advances     25,037.04     25,037.04     11,089.20     11,089.20
Current Assets     25,037.04     25,037.04     11,089.20     11,089.20
Inventories
Sundry Debtors
Cash On Hand
Bank Balances with Scheduled Banks In Current Accounts     25,037.04     25,037.04     11,089.20     11,089.20
131401 - Marfin Popular Bank,Limassol,Cyprus-17911136139     9,935.51     9,935.51     9,935.51     9,935.51
131402 - Marfin Popular Bank,Limassol,Cyprus-179132258722     13,940.48     13,940.48
131403 - Marfin Popular Bank,Limassol,Cyprus-179932258780     1,161.05     1,161.05     1,153.69     1,153.69
Bank Balances with Scheduled Banks In Deposit Accounts
Loans & Advances
Loans to Subsidiary Companies
Loans to Employees
Advances Recoverable in Cash or for value to be received
Advances recoverable in cash or in kind
Prepaid Expenses
Advances recoverable prvn.for Doubtdebts
Deposits (General)
Advance Tax/Tax Deducted at Source
Pre-Launch Expenses (Deferred)
Liability     206,065.33     206,065.33     182,467.33     182,467.33
Loan Funds
Secured Loans
Term Loans From Bank
Short Term Loan from Banks
Vehicle Loans
Interest Accured But Not Due
Secured Loan from Companies
Unsecured Loans
Term Loans from Banks
Unsecured loans From Companies
Fixed Deposits
Unsecured loans From Holding Company
Unsecured loans From Subsidiaries
Deferred Tax Liability
Deferred Tax Liability
Deferred Tax Liability
Current Liabilities And Provision     206,065.33     206,065.33     182,467.33     182,467.33
Current Liabilities     182,467.33     182,467.33     182,467.33     182,467.33
Sundry Creditors     182,467.33     182,467.33     182,467.33     182,467.33
231101 - Sundry Creditors - Supplier     182,467.33     182,467.33     182,467.33     182,467.33
Advances From Customer
Overdrawn Bank Balances
Tax Deducted at Source
Tax Deducted at Source - Non Resident u/s 195
Other Taxes
Other Liabilities - Statutory
Other Liabilities - Salary Payables
Provisions     23,598.00     23,598.00
Provision for Expenses     23,598.00     23,598.00
232106 - Provision for Expenses     23,598.00     23,598.00
Income Tax
Accumulated Depreciation
Leasehold Improvements
Computers
Office Equipments
Furniture and Fixtures
Vehicles
Medical Equipments
Software & their License
Technical Knowhow
Equity     -76,133.19     -76,133.19     -66,483.03     -66,483.03
Shareholders' Funds     1,176.47     1,176.47
Share Capital     1,176.47     1,176.47
Authorized Share Capital
Equity Share Capital
Issued, Subscribed And Paid Up Share Capital     1,176.47     1,176.47
311201 - Equity Share Capital     1,176.47     1,176.47
Reserves And Surplus
Share Premium Account
Profit and Loss Account
Profit Period     -77,309.66     -77,309.66
Exchange Rate Differences               -66,483.03     -66,483.03
Edited by: Rekha Nagaraj on Dec 7, 2010 6:14 AM

Asset CO assignment in ASKB after asset retirement

Hi,
We have defined two depreciation areas 01 and 03 (which its revaluation area). Area 03 has the Posting G/L set to 4 (Area Post APC directly and Depreciation).
If I post a retirement (let's say by Scrapping), and I have a loss that goes to the automatic defined account(P&L account). When I later on try to run ASKB to make the posting from area 03, it's there some way that the loss account gets the CO assginment (i.e. Cost Center) from the asset master data (not a fixed CeCo defined in OKB9 or any other similar), as it happens for example when I run AFAB for the expense depreciation account.
We would need the transaction to post each loss account detailed by Cost Center, in case there's multiple retirements that would get posted trhough ASKB.
I just would like to know if it's possible or if i'd have to use a predefined CeCo using for example OKB9. Or if you have a better approach to this problem.
What we need is to get each loss on retirement for each depreciation area to have the cost center of each individual asset posted with its corresponding amount.
Thanks for your time.

Hi,
activate the accounting object cost center for "APC posting" in the appropriate IMG step FI-AA. Check that there is a cost element behind the P&L account and that the field status allows the cost center to be posted in the G/L account. Then ASKB will post to CC also.
Regards,
Markus

"Asset will not be deactivated, it has a net book valueu201D after Revaluation

Hello All,
I am looking for some assistance on an issue that I am having with trying to retire an asset using transaction ABAVN. The message that we are receiving is u201CAsset 10 ###########-0 will not be deactivated, it has a net book valueu201D. This was working correctly until we did a whole Company asset revaluation.
Now, for our revaluation, we created Depreciation Area 99 which is where we are housing the asset values prior to the revaluation (history). We also created a new Depreciation key as per the SAP document u201COne-Time Revaluation Measureu201D.
From what I can tell, the error is coming from Depreciation area 99 which is what we want to leave alone. We want the retirement to leave the History alone.
I am new to this area, so any advice would be greatly appreciated.
We are on ECC 604 Level 24
Thanks,
Mike

Hi Mike,
is the message right (asset will not be deactivated, it has a net book value?
It is not possible to deactivate a asset with net book value.
regards Bernhard

Assets Revaluation

Hello,
I need some help, please!
I have to do this kind of revaluation:
E.g.: aquisition value = 50000; useful life = 10 years
        depreciation per year = 5000
After 2 years: the revaluated value = 64000;
                    the accumulated depreciation = 10000
                    the book value = 50000 - 10000 = 40000
It means that we have an increase in asset value = 64000 - 40000 = 24000
Now I have to do the posting:
            24000      asset value = reserves from revaluation 24000
but I want to keep historically the aquisition value(50000) and the revaluation(24000).
The remaining life is 8 years and the new depreciation is 64000/ 8 = 8000
After 1 year: the new revaluated value of this asset = 30000
                    the accum. deprec. = 8000
                    the book value = 64000 - 8000 = 56000
It means that we have a depreciation = 56000 - 30000 = 26000
So, I have to post:
     ______________________________ =   asset value 26000
     24000   reserves from revaluation
       2000   expensive from depreciation
                     / impairment of assets
I want to keep also the aquis. value and all revaluation values.
Well, can somebody tell me what should be the solution? (I need different revaluation area, etc)
Thanks!

Hi,
I don't know your set up.
In this situation I will use 3 depreciation area.
01 Normal creating postings
10 Values from 01 and the revaluation Statistical one
20 Area 10 - 01 creating postings for the differences between 01 and 10.
Don' forget to allow negative values for area 20 (and perhaps 10)
Paul

Depreciation on revaluated fixed asset

Dear Experts,
I have revaluated fixed assets. My query is that, while posting depreciation on this revaluated FA, the depreciation should be calculated from the asset value date mentioned in the master record of the fixed asset or system should calculate depreciation from the asset value date mentioned in the 'revaluation posting transaction'? How it is calculated in the general practise in asset acccounting? This depreciation should be calculated on the new acquisition and production cost.
Please help
Thanks and regards
Aniruddha.

DEAR
if you using AB01
the config for posting revaluation in book dep area 01 is as follows:
> in the dep area 01 mark fields,revaluation,transfer of reserve and rev ord dep as all values allowed.
>in specify intervell and posting rule mark revaluation button on.
>AO90 assign the gl account in the asset classes which have to be revalued in assign g/l accounts area.
>   if going for one time rev .give seperate rev measure.in define rev measure screen.
>   post revaluation in abaw.
>   while running afab the amount will get posted make sure it is planned posting run
MAKE SURE THIS FACT AB01 INCREASES YOUR BOOK VALUE BY REVALUED AMOUNT. BUT IF YOU WANT NEW VALUATION POST NEW VALUATION THROUGH AR29N
if you using AR29N go to new valuation of asset tab.
for using that you 1st need to create a transaction type in AO73 with credit transaction, doc type --aa , post gross ,do not post to affiliated company. go back and limit transaction to dep area.
define reval measure
now revaluate asset in AR29N
regards
rohit

Can you adjust APC & A/D thru revaluation?

Hello,
I want to adjust APC & Accum Deprec together with the same value thru Revaluation t-code ABAWN.. or any std. SAP tcode. I know SAP doesnot allow you to post to these b/s recon accounts directly.
For eg. Asset #1
Original APC = 10,000, A/D = 5000 and NBV = 5000.
Posting: <10000> to APC and 10000 to A/D .. resulting NBV is still +ve 5000.
(explanation: post -ve 10,000 to APC and offset it with A/D.. now after this posting i think there wont be any depreciation re-calculation since APC = 0)
Can we utilize std SAP to post entries like above or it has to be done via an extension or something? Will appreciate your comments.
Thanks.

Paul, thanks for your comment.
The reason we're doing this is because we're implementing parallel ledger and the local gaap (non-leading ledger) was based on group methodology in the legacy system, but in SAP we're implementing it at individual asset # level. The above accounting (retirement) entries you saw was at group asset level in legacy but now in SAP we have to mirror the same at asset # level. So I need to develop a program thru which i can mirror the same using customized 'Z' TTy which only post in local gaap depr area.
ABF1 will not work in this case as we want to post it to an asset # and not the GL acct.
Besides FA and GL reconcilation issue.. what other issues would i face? and the suggested approach. Also, I am not sure that implementing group methodology under SAP will resolve this issue. Will appreciate your comments.
Thanks.

Retirement of Revaluation Reserve

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