Reverse the depreciation for 2010

we have few assets which has been started depreciating on 1st Jan 2009. Client want to reverse the Depreciation of 2010 in Non leading ledger only. The useful life of the asset still same 15 years.Can you gurus give me some lead on this please ?
Thanks
Satya

Hi
there is no way to reverse depreciation.
Blaz

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How to reverse the Depreciation for the excess amount posted?

Hi Gurus,
We have uploaded the data last month from legacy system to SAP as below.
The Fiscal year is Jan - Dec and gone live on June 28th 2009.
Accumulated Depreciation was taken till Dec 2008.
Ordinary Depreciation was taken from Jan 2009 to June 2009.
But Ordinary depreciation is not up to date in SAP as the user miss out the 2 months depreciation for each Asset but this was already posted in legacy system. All the GL Balances have been uploaded as per the legacy system. Now system is taking the previous 2 months Depreciation along with the current month. If we run the Depreciation for the current month, the system will post excess amount as it includes previous 2 months Depreciation.
Can any one kindly suggest the process to reverse the excess amount after Depreciation posted for the current month?
Thanks much for the help.
Early responses will be appreciated.
Best Regards,
JBC

HI
Few clarifications-
1. you have posted two months dep in legacy , have you transferred that dep amount wth the ordinary dep transferred from jan to june?
If yes, that means your last posted dep month is june and accordingly you have to set the last period (6) in the SPRO for asset data transfer specifications, so system will start calculating dep from the 7th period only and will not recalculate dep for last two months.Check the last posted period mentioned in SPRO.
2.If you have uploaded wrongly your ordinary dep for current year , then that means your Asset accounting opening balance (migrated balance ) is not matching with your Trial GL upload as well, so you need to correct your asset accounting opening balances.
For this you need to reset your company code status from 0 to blank ( tset data always allowed for asset data transfer). And then correct the values for current year ordinary dep posted from jan to june, also check the last posted dep period as above.
3.However you may post writeup ttype 700 to adjust the excess dep posted by any reason, you can extract last two months dep posted values asset wise from legacy system if already posted, and post the writeups for the same value in current period using LSMW.
Cheers
Mukta

Reverse Asset Depreciation for Closed FY

Hi Asset Gurus...
Need your expert advice...on the following Asset issue....
PROBLEM : We have done the Year end closing for FY 2009 for our assets in Jan 2010. But we have already reported out Balance sheet in Dec 2009 for FY 2009. Now, when we have closed the FY 2009 in Jan 2010, system postes some financial entries related to Depreciation difference between area 01 and area 02 on the balance sheet.
Now the business thinks its not acceptable..as what we see in SAP for the BS 2009 contradicts what we have already reported to the authorities..
So, we need to change this situation in SAP...i.e. correct these postings ( or infact cancel these postings that have happened due to this depreciation difference between area 01 and area 02 in the Fy 2009 ) so that the BS 2009 shown in SAP would match what we have reported.
Now the real problem is that : THE ASSET FISCAL YEAR IS ALREADY CLOSED AND ALSO WE CANNOT MANUALLY POST ANY FI ENTRIES FOR THESE DEPRECIATION DIFFERENCE GL ACCOUNTS AS THEY CAN BE POSTED ONLY INTERNALLY.
SOLUTION THOUGH OF : Now, We see that probable solution would be re run the Depreciation for FY 2009 again by opening period 12 2009 so that the depreciation differences calculated wrongly would be gone.( But is this kind of suggested or acceptable ).
In the Other case, should we do an ASSET WRITE UP OR TRANSFER POSTINGS to negate the postings that have already happened.
One more thing..I want to clarify is that : THE REASON THE DEPRECIATION DIFFERENCES OCCURRED BETWEEN AREA 01 and AREA 02 is because both of them had a different depreciation key in FY 2009( somehow they had diff. dep keys which was wrong as told to us by the business and they discoverd this situation in 2010 ). So, we corrected the Dep keys for the two areas in FY 2010 ....But for the FY 2009 , when we closed the FY 2009, the depreciation differences already got posted in the Balance Sheet.
REAL PROBLEM IS THAT WE WERE ABLE TO CORRECT THE DEPRECIAITION KEYS IN THE ASSETS, but WE WANT TO CORRECT THE WRONG POSTINGS THAT HAVE TAKEN PLACE IN FY 2009 ( i mean the Financial postings that took place.. the GL accounts that got posted are Acc. depreciation difference account and dep. difference account ).
We also cannot manually reverse this FI entry , as these postings happeend automatically..
So i see..probable solution is reopen the FY 2009 and carry out a repeat dep run ??
Or do a ASSET WRITE UP OR TRANSFER POSTNGS FOR THESE GL ACCCOUNTS?
I am not an expert myself but seek the guidance of the experts here to resolve our issue..
In case, you need any more clarification on this problem..I will let you know the same...
Waiting for your feedback on the same..
Thanks,
Kris.....

There is no issue with FY 2010 as we have changed the Dep. Key in 2010.
The issue is with only FY 2009 which is now closed.
But the transaction ABF1 as you have mentioned cannot be used in this case, as when we try to post to these GL accounts, it gives us the message that they can only be posted automatically by the system ( which i think is true as these postings occur only after the dep. run ).
Is there any other tcode through which we can correct the wrong dep. values that were posted in FY 2009.
Thanks,
Kris...

Sap has stopped the depreciation from 2010 onwards

Hi Gurus,
We have one issue in asset accounting,i.e,assets in particular companycode have been capitalised on 2010,useful life is 10 yrs.means afer 2009 alsoremaining useful life is still 1 year.But it has stopped the depreciation from 2010 starting months only for depreciation area 01.for remaining depreciation areas properly posted,we have checked the cut-ff value key ,there is no cut-off key in depreciation key,where we have to check nad what would be the possible soluation.
Thanks in advance
Jana

Hi all,
Thanks for your reply,
for a particular company code almost 150 assets have not been depreciated from 2010 january onwards.all assets have been capitalised on 02.11.1999.useful life is 10 years.So upto 2010,4th month assets have been depreciated.here fiscal year varient is V6 means start with july month and end with june.
Thanks in advance
JANA

Reverse the Depreciation run

Hi All,
My requirement is that..
I have run & Posted the Depreciation run in March & April ,2008..
Now I want to change the depriciation for the Month of march, 2008..
Is it possible to Reverse the Depreciation run? , If yes what are the steps..
Thanks in advance..
Raju

Hi,
Reverse the dep. run not possible. You can do repeat run for the month of April (AFAB) only.
Regards,
Murali

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Can SAP run the depreciation for closed Period and posting to diff month?

My client forgot to run the depreciation for Jan 2011, and now the Jan period has been closed and report also done.
My solution was to re-open the Jan and does the depreciation, once completed reclassify Jan depreciation posting to Feb 2011 manually.
I am just wandering whether SAP can handle this different way.
Can SAP performs Jan (Closed Period) depreciation and post to Feb period automatically or any other suggestions?
Cheers

Hi
Yes, you can do that
Follow this thread... Unable to post depreciation- Error AA730
Using ABF1, you can do it
Br, Ajay M

In oneasset class i have created 2 assets by using of aso1 after that i acquired one asset for that i run the depreciation for first 5 periods, it has been showing depreciation for those period but if i am trying to run the depreciation for second asset i

in on asset class i have created 2 assets by using of aso1 after that i acquired one asset for that i run the depreciation for first 5 periods, it has been showing depreciation for those period but if i am trying to run the depreciation for second asset it is not showing first 5 periods why it is not showing? Is there any reason?

Hi
Repeat run you can do only for the last depreciation period. For the asset which you are tryin to post depreciation from July to Jan, please check the asset value date which you have given while posting the transactions or in the asset master.
If the asset value date is in July, then deprecaition from July - Jan will get posted in the current month depreciation in total. You will not be able to post depreciation individually month wise using AFAB.
REgards
Malathi

How to calculate the depreciation for an asset under repair for a month

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I have placed an asset (Laptop) into service 01.01.2013 and I have calculated the depreciation for the 1st period and in the second period 01.02.2013 the laptop is broken and which was sent to the service center and for that entire month no depreciation is calculated. I wanted to start the depreciation for the same asset on 01.03.2013.
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Please explain in detail.
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Hi,
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OR
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Since the asset is a Low value asset, The depreciation had been completely written off last year itself and the value of the asset has become Zero.
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I can not run the depreciation for particular asset which was not acqustion

Hi Masters,
                 I have created asset master in july 2010 when i did purchase that asset, but i did not post the asset aqusistion in f-90 up to january. but on remianing all assets i did run the depreciation job on every month. Now in january , i have openend the posting periods from july to march and post that asset aqusisition f-90 in july psoting period., we are using april to march fiscal year.
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Now i want to psot the deprectiation for each month of july onwards to january 2010.
    pelase reply how to do run deprecaiton for that particular asset for each month for july to january

Hi
Repeat run you can do only for the last depreciation period. For the asset which you are tryin to post depreciation from July to Jan, please check the asset value date which you have given while posting the transactions or in the asset master.
If the asset value date is in July, then deprecaition from July - Jan will get posted in the current month depreciation in total. You will not be able to post depreciation individually month wise using AFAB.
REgards
Malathi

How to reverse the VAT for which I have already taken the credit ?

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In case of outside state sale, I can't take VAT credit on my purchases. In year end I have to reverse the excess VAT amount for which I have already taken the credit. Please tell me how to reverse the credit taken for VAT step by step. Its very urgent.
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Reva
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HI,
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Reverse the depreciation for 2010

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