Revaluation account

HI all,
my client requirement is Revaluation accounts should include IC, cash on hand & AP for Euro Automate AP revaluation calculation.
we define the reconciliaiton account for creditors or debitors at OBA1., but
1) where do we define the loss, gain and b/s adjustment for cash on hand and IC accounts.,??
2) what is IC stands for ?

Hi,
you define all GL accounts with FS00
you define with OBA1 for each open item managed GL account the FC gain and loss and balance sehhe adjustment accounts.
IC stands for inter company.
BR Tarik

Similar Messages

Asset Revaluation: Depreciation calculation not hiting revaluation accounts

Dear All,
I have to revaluate assets. I have done the configuration as follows:
1. Assignment of Balance sheet and Depreciation accounts for revaluation.
2. Configured depreciation key so that it will calculate the depreciation on the replacement values.
3. Selected 'check box' for 'Post Revaluation' in posting rules for my company code.
4. Defined the depreciation area for posting of acquisition and production cost and depreciation.
5. Selected 'All values allowed' for 'revaluation' in required depreciation area (01).
I am posting the revaluation on the asset through transaction 'AB01', after that in the depreciation posting run an accounting document is getting generated for revaluation on APC. The entry is as follows :-
70 Revaluation acquis. and production cost a/c x x x
50 Offsetting a/c revaluation APC x x x
This entry is correct as per the revaluation scenario but, no accounts are getting posted which are assigned in 'Account assignment for revaluation on depreciation' i.e.
1. Revaluation accumulated ordinary depreciation a/c.
2. Offsetting account revaluation ordinary depreciation.
System is not postign values on 'revaluation of depreciation' to these accounts. System is posting the depreciation revaluation amounts to normal depreciation accounts i.e.
1. Expenses a/c for ordinary depreciation.
2.Accumulated depreciation account for ordinary depreciation.
The required 'depreciation revaluation' accounts are not getting posted (in any period depreciation run).
Is there any other revaluation configuration that, I am missing here or is there any other way to post to these two 'revaluation on ord. depreciation accounts.' Can anyone shade light on this problem.
Regards
Aniruddha
Edited by: Aniruddha B Mahalle on Dec 19, 2011 12:42 PM

Dear Rohit,
Thank you very much for your reply. I followed the same procedure posted by you. While executing AR29, system is giving following error.
Revaluation data does not agree with date of depreciation posting*
Message no. APERB023
Diagnosis
You want to execute the revaluation posting in period 011/2010. This requires that this period was the last period posted by the depreciation posting run. No other period may be posted after that. The posting run for this period is also not allowed to be still outstanding. According to the log table, the last run posted was 009/2011.
The asset value date of the asset is 01.04.2011 and have to revaluate this asset in current posting perid (9). The fiscal year is from 'Aprl-Mar.
Could you please let me know the following things:
1. Is it necessay to select the checkbox for 'Post automatically' in the offsetting accounts.
2. I have created one transaction type 'Z80', it has an account assignment as 'Debit transction'. The posting type options selected in this transaction type are as follows
a. Post gross --> Yes
b. Do not post to affiliated company --> Yes
3. I should use the same transaction type/configure a new one or use any other std. transaction type in 'AR29'?
4. Is it the case that system takes current date as posting /revaluation date in transaction AR29, because from the error it seems that it is considering the curent date.
5. Which options from the 'control data for posting' should be selected from ' New valuation of an asset' tab page of 'AR29?
a.With depreciation write back.
b. W/out Dep. write vback
6. If i change the inputes in AR29 transaction, system is giving the following error:
''No records were selected''
7. What should be the correct inputs in transaction 'AR29'
Please help.
Regards
Aniruddha
Edited by: Aniruddha B Mahalle on Dec 21, 2011 7:12 AM

Link revaluation accounts to different General Ledger accounts

Hi,
Could you tell me the Path or Transaction code to create revaluation account to the General Ledger accounts.
Regards,
Swetha

Please be more elaborate in your query.
Karthik

Gain Revaluation Account in MIR

Hi,
Gain Revaluation account is hitting in MIRO, for material having moving price.
I could not able to find the right reason for this, one thing i observed is, in PO for this material their is change in quantity has took place and half GRN has been made.It will be of great help if any one provide the reason for this

Hi,
Even MAP controlled materials sometimes cannot post variances direct to the stock account. This normally happens because there is not enough stock to post the variance to. For example if a GR of 20 items takes place at 10 USD, 200 USD will be posted to the stock account. If the invoice comes in for 20 USD and additional 200 USD will be posted to the stock account to correct the values. BUT if the 20 items have been used or written off the invoice verification cannot post the 200 USD to the stock account because there would be a value of 200 USD and no qty. In this situation variances for MAPs are written to the appropriate price variance (or gains / losses due to revaluation) accounts instead of the stock account.
this may have happened in this case (a price variance or exchange rate variance plus or minus).
Steve B

Price Difference and Revaluation Accounts

Hi gurus,
Please tell me that, when system will hit Price Difference Accounts and Revaluation Accounts???
Thank YOu

Hi Gverma
Please note that price difference would happen on the following
1) If there is a difference between your PO and Invoice price, because GR/IR posting would always happen on PO price only, when you do the invoice verification and there is a differnce, system would post to the price difference to the extent of stock cosnumed ( if you have stock then system would post to inventory account)
2) regarding revlauation account, when there is difference in your Standard cost estimate with previous month, system posts the difference between current SCE and previous month SCE on the stock.
3) I am not sure, when you do a material to material transfer also system may post to price difference.
Regards
Chandrasekaran A

Revaluation Account Assignment

Hi Experts,
In SAP ECC6.0, i got errors when ran depreciation. It said "G/L account 1601000 is a reconciliation account 'A' so it cannot be directly posted". The errors disappeared when i deleted G/L account assignment for "Revaluation Account" in t-code : AO90, folder "Balance sheet account".
But i am not facing this error in SAP 4.7C, EVEN there are assignment for "Revaluation Account".
Could anyone explain the usages of "Revaluation account Assignment" in t-code AO90, and the examples please?
thank you.

Hi,
You must mean SAP 4.6C (there is no 4.7C). The reason for the error in ECC6 and not in 4.6C is that from 4.7 the depreciation was changed from Batch processing to Online Posting and therefore SAP included additional error checks.
In 4.6C you would eventually have gotten the same error message when you tried to process a Batch file that included a posting to that account.
Kind regards

Link Recon to Revaluation account

Hi Experts,
we are with a project with some developments.....
if we are linking Reconciliation account to Revaluation account , does it will affect to any of the developments.....?
Thanks in advance
Alex

Hello Alex,
What I understand is that your client needs a separate account for revaluation and wants to reconcile the result. In that case you can define a GL account in OBYC / UMB. A better idea would be to create a cost element for this GL and link an internal order to the cost element master. When your client would require material wise details for the revaluation account he can refer to the internal order report.
Kind Regards // Shaubhik

GR/IR Revaluation Accounting Entries

I need the related accounting entries for eg. I assume at goods receipt, the foreign denominated PO would be received and recorded in local currency at the current u201Cspotu201D exchange rate loaded into the system. My questions are:
1) Is the GR/IR revalued at each period end for changes in the balance sheet rate of foreign denominated items?
2) What value is relieved when the Invoice Receipt is matched to the GR/IR item u2013 the original goods receipt amount, the revalued amount, or something different?

Hi,
1) Yes, the GR/IR can be revalued at each period end for changes in the balance sheet rate of foreign denominated items.
2) While clearing the GR/IR account the clearing currency can be defined, so the clearing can happen at foreign currency also. The original amount is compared for GR and IR.
Regards,
Gaurav

Material ledger activity rate revaluation account determination modification

Scenario:
SAP ECC 617
Material ledger activated with activity rate revaluation (i.e. cost center over/under absorption posts to ML and not to production orders)
Standard SAP setup has PRV transaction key used to post both multi-level price differences to inventory and to capture the offset to the cost center clearing entries (GBB-AUI) causing the values to get comingled in the same account
Question:
For reporting purposes I would like to determine a unique account for the activity rate revaluation entries. There is no relevant general modifier available for transaction key PRV. Is it possible and practical to modify table T169A for a specific value string / field name combination that represents this material ledger transaction? If so, what is the combination? Or will this cause major issues with ML processing?
I'm trying to find a creative way to fill this gap without account substitution.

Hi Eric,
This is an interesting one.
Modifying value string might be an option but in my opinion is quite a serious "brain surgery" on the system :-).
You may want to try another option.
In SPRO -> Controlling -> General Controlling -> Organization -> Maintain Versions
for version 0, Controlling Area Settings, Settings for Each Fiscal Year in tab Price Calculation there is field Revaluation.
One of the options there is 'Own business transaction'. With this option posting to sending Cost Centre resulting from actual activity price revaluation will be posted with different Business Transaction (although same secondary cost element as original activity allocation).
In reports you can separate postings based on Business transaction.
It definitely works for Activity Update 1 (revaluation of production orders).
I'm not sure if it works for Activity Udate 2 (no revaluation of production orders).
Please let us know the results of your investigation.
Regards,
Szymon

Revaluation accounting not getting posted

when we are doing a revulation entry regarding assets everything is going fine but no accounting entry is being posted. system doesnot generates any error also

Hello Sanjeev,
have u assigned the Gl account in AO90 and have u activated the posting for revaluation in depreciation area.

Inventory revaluation accounting

Hi All
I have to revalue an item in a specific warehouse, i set accounting in warehouse GL Decreasing Account = Stock in trade
and GL Increasing Account= Inventory Clearing Account. But when I am entering transaction, system creating JE
Stock in trade = Debit
Stock in trade = Credit
While it should be
Stock in trade = Credit
Inventory Clearing Account = Debit
while i selected same accounts in transaction at row level , any one have any idea?
Thanks

One side of this entry will always be stock, you have the option to have your expense (write off) and income (write on) coding to different accounts. If you have set your decrease account to stock, the entry you described is what you will get:
ie increase in valuation:
Dr Stock
Cr Income
Decrease in valuation
Dr Expense
Cr Stock

Revaluation is being booked to the main GL account

Hello All..
I have set up two new open item General Ledger accounts and also set up the revaluation accounts in OBA1.
But at the month end while doing foreign currency revaluation, the system booked the revaluation to the main account rather than the revaluation account.
Can anybody please tell what could be the reason? and how can we resolve it?
Thanks for the help.
Mercy

Hi,
Use tcode OB09 to maintain the accounts for exchange rate fluctuations entries.
There are 2 parts over there
1) Loss and Gain during normal document entry
2) Loss and Gain during valuation.
For the first item, you have to maintain 2 diff P&L gl accounts. One for loss and one for gain.
For the second item, you have maintain the same GLs as like above. But where as for field Bal.sheet adj 1, you have to maintain a separate B/S GL account, in your case you might have maintained your main bank GL account.
Check Now.
And if you want to maintain them through OBA1, then choose transaction KDF. and maintain.
Thanks,
Srinu

Error -Account 'Down-payments clearing account' could not be found for area

When I am trying to pass a down payment entry by debiting vedor and crediting bank with asset it is giving an error as follows.
Account 'Down-payments clearing account' could not be found for area 01
Message no. AU133
Please help me to rectify the same.
Thanks in advance
Deepak

HI
Please pay attention at the possible causes of message AU133:
1. Error AU133:
   a) You have not defined a contra account for acquisition value postings in the Asset Accounting Customizing settings (Transaction AO90).However, this is required as of Release 4.6C because, as is the case for all other integration postings in Asset Accounting, invoice receipt postings have to be displayed in Asset Accounting via the new posting kernel to ensure an identical document
structure.
   b) You have defined the account in Asset Accounting, however, it is not created in the affected company code.Check whether the account is correct and create it for the company code, if necessary.
2. You have entered an asset reconciliation account for the "Contra account: Acquisition value posting" (for example, the same account as for   "Acquisition:Acquis. and production costs" account).This is not permitted.Check whether your account determination is correct
   (Transaction AO90) in Asset Accounting Customizing. The same applies
   for the 'Contra account: Down payment posting'.
3. As "Contra account: Acquisition value posting" you entered an asset G/L account. If necessary change the automatic posting indicator in the G/L account master record.
4.Check if you need revaluation accounts in depreciation areas involved   (AO90):
-Revaluation acquis. and production costs
-Offsetting account: Revaluation APC
Please run also programm RACKONTO where missing or wrong customizing
the accoutn determinations per company code is displayed
Also have a look at note 7595 in this regard.
Please assign points if it useful.
Regards
Ravinagh Boni

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!

Issue while doing Incoming Payment & Foreign Currency Revaluation

Hi,
When i am doing Customer Incoming Payment, we are getting one more line item Foreign Currency Revaluation with Zero amount.
Bank A/c - Debit
Customer A/c - Credit
Foreign Currency Revaluaiton A/c - Credit
Why Foreign Currency Revaluation Accounting is coming into the Picture? How can i remove this from settings? Please advise me..
Thanks
KC

Hi,
Check Table T030H, whether for the customer reconciliation account the entry is maintained there.
Secondly, you are getting this entry because, the customer line item that you are clearing is in a currency different from your local currency.
Regards,
SAPFICO

Revaluation account

Similar Messages

Maybe you are looking for