SAP B1 Fixed Assets query
Good Morning,
Could someone please comment on whether the SAP B1 fixed assets add-on would accommodate the following two issues, which one of our Accountants has requested?
(1) We are introducing a restoration provision policy that creates a restoration asset and could increase/ decrease the book value of this asset on a yearly basis. I am looking into the practical issues of booking this and whether the SAP fixed asset register can cope with regular changes in the value of a restoration asset (both up/down).
(2) Adding in terminal/residual values for existing assets.
Thankyou,
regards
Kelly
Hi Kelly
This response may be a little late, but I hope it helps.
The SAP Fixed Assets add-on is very thin, not very deep, and very European (both vernacular and accounting). For some US clients, it may not work because of shortcomings with GAAP and/or Federal Tax compliance. I have known this for several years.
SAP asked me to develop a full-featured Fixed Assets addon several years ago. I have been in the Fixed Assets commercial software business for over 30 years, and developed the solution now offered by Microsoft Dynamics GP (Great Plains). Our SAP Business One add-on product is now available for both Versions 2007 and 8.8. It is written using the SAP Business One SDK, so it integrates fully with SAP Business One and has the same look-and-feel.
From a function-feature perspective, it is desinged to exceed the accounting functionality of mid-market products such as FAS (from Sage), QBE, and even Dynamics GP. It also provides considerable capabilities for managing Assets (Maintenance Contracts and Service Requets, Lease Accounting and Tracking, Physical Inventory, Custodial Control, Component Assets, Property Tax, etc.).
The respondant in February was correct - with the SAP addon you can do what you asked, but you have to jump through a hoop to do it. With our B1-FAM addon, you not only can do the things you need, and do them in a very straightforward manner, but will have choices reagrding the best way to do them. Plus, you wil have a comprehensive solution that works as it is supposed to in the US.
Feel free to vist our website at www.B1FixedAssets.com.
Best of luck
Joe Lewis
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for example:
item: FixAsset
Useful life : 48 (month)
Remaining Life: 12 (month)
APC(Historical cost): 10000
Accumulated Ordinary Depr.: 7500
So Value Balance: 1500
and Life Balance : 12 month
I have tried to Import active ITEM by Excel ,follow this link : Importing Fixed Asset Master Data from Microsoft Excel - SAP Business One 9.0 - SAP Library
every time recieve the message :
Cannot import asset "fixasset"; a new asset's useful life and remaining life must be the same in depreciation area "AFA"Hi,
Please check SAP note:
2001876 - The system does not consider the Salvage Value nor the
Remaining Book Value when you import assets
Thanks & Regards,
Nagarajan -
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Hi All,
I want to know what is the method by which we can do depreciation for fixed asset in SAP Business One 2005B.
Looking for a postive response from all.
Regards,
KawishHi Kawish,
The system supports the following forms of depreciation:
u2022Ordinary Depreciation
u2022Unplanned Depreciation
u2022Special Depreciation
And for the depreciation methods:
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Hi all,
I am trying to import fixed asset master data using an excel file into sap B1 2007a patch level 42. I am able to run the import transaction. It tries to process and then giving me a message ' Import end: Number of successfully imported assets: 0. Number of processed assets:2. We have looked at the event log file and couldn't find anything related to the upload. I have gone through other posts and didn't face this issue. Any hellp is apreciated.
Path which I am using to upload the fixed asset master master data: Administration --> Setup --> fixed asset --> import fixed asset master data.
Following points (see below) also taken into account while creating the master data sheet.
also replaced the ',' in the csv file to ';' before uploading and changed the fixed asset mode to 'transfer' in the administration --> system initialization > company detaills> basis initialization.
Thanks
Johnson zavier
Mandatory: Item Code = Asset Class; this Asset Class must be previous defined in the Asset Settings (don't change/delete anything in the item-master data - there are the Asset Classes Z-00u2026. Are stored
Description = Description of this Asset
Capitalization Date = do it like this (YYYY-MM-DD). This columne must be a text format
APC = Aquisition/Procuction Cost; when you have digits after coma please use dot for separation - don't use thousand separators; Example 23444.45
Quantity = only mandatory, when you use the same assets stored under one asset number. Example you have ten equal chairs, so you can handle this with one asset number and quantity ten
Dep01 = Depreciation area; this entry must be previous defined in the Asset Settings
Depr Start date 01 = do it like this (YYYY-MM-DD). This columne must be a text format. The beginning must be the first of the month. Please compare it in this case with the capitalization date
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Remaining Life 01 = calculated in months (not years)
Depr Type 01 = Depreciation Type must be previous defined in the Asset settings
Ordinary Depr 01 = ordinary depreciation; this is the comulated value you can see in the asset history sheet from the old asset solution. When you have digits after coma please use dot for separation - don't use thousand separators; Example 23444.45
Unplanned Depr 01 = unplanned/extraordinary depreciation; this is the comulated value you can see in the asset history sheet from the old asset solution. When you have digits after coma please use dot for separation - don't use thousand separators; Example 23444.45
SpDpAcc1 01 = Special depreciation account; when you use special depreciations and you have it to balance on special accounts fill in this account. This is an exeption - in normal projects not needed
SpDpKey2 01 = Special depreciation; when you use special depreciation you have to enter this cumulative value in this field. This is an exeption in normal projects not needed
SpDpAccu2026 = for further special depreciation accounts; This is an exeption
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all others = you can use if you want. The only limitation is the type/length of these fields
When you are ready with your entries mark from the first free row on for instance the next 20 rows than right mouse key - delete rows. This is necessary to prevent that in the background are invisible signs
After entering in this default excel all your assets, please save it as .csv file. (the grey message - relation to information of csv - please say yes; when you close than excel a furhter message - would you save.. - please say no now
After entering all data please save it as .CSV file. First grey window (format information) please choose 'yes'. Second window (when you close this file) please choose 'no'.
You have now a .csv file in hands right now for uploading into the fixed assets.
This example you can use for a test-import based on the year 2004The issue was because of the conflict of Depr. Start Date, Use Life and Remaining Life. After I corrected the data, it worked just fine. The note 876670 helped me to resolve this issue. Thanks to Adam at Toronto SAP Business one support for his expert analysis and suggestions.
thanks
johnson zavier
Edited by: Johnson Zavier on Feb 19, 2009 11:10 PM
Edited by: Johnson Zavier on Feb 19, 2009 11:20 PM -
Steps in after migration of fixed assets in SAP R/3 System
Hi Guru's,
I migrated all fixed assets from legacy system to SAP R/3 system. Dev,Quality and Mock Production Server.
Could anybody guide me what is the next process in Fixed Assets?
That would be greate help from our Guru's
Regards
Odaiah PelleyReport S_ALR_87011964 will be able to give you a report by Asset Class.
In terms of the data you have migrated, I am guessing in your current system there is a way to get the same data and therefore you should compare.
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Whole Functionalities of Fixed Asset in SAP R/3
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Best Regards,
Sudhanshu DangHi frnd
Can u plz send me the same document my mail id is [email protected]
Regards
Anuj -
Report in SAP that shows me the fixed assets per vendor
Hi,
I have been asked to produce the following;
Can I run a report in SAP that shows me the fixed assets per vendor?
I need the detail of the depreciations (start and end date, purchase price, depreciation rate, methodu2026) and the fixed assets register (purchase amount, purchase date, vendor nameu2026)
Could you kindly explain to me in simple steps what report I should run?
Many thanks in advance.
AlexHi, there is no such report in SAP. You can develop your own, The main issue is that to get vendor for asset to which were issued material from storage. You can do it via batch(write down while purchasing to some field, or to find it via batch). Fir material for which batch management is not active it's not possible to, because you can buy one material from different vendors.
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Hello,
Module : Fixed Assets
We are trying to fetch the assets for a report depending on the periods['From Period' & 'To Period'] given to SQL query,but we are not getting count of assets as expected.
And so the count isn't matching with 'CIP Details Report' which is a seeded oracle report.Here is the query that we tried,
SELECT fadd.asset_id, fadd.asset_number,
fak.segment1 || '.' || fak.segment2 asset_key, fadd.tag_number,
fadd.description asset_description,
fadd.attribute_category_code asset_category,
fb.date_placed_in_service, gp.start_date, gp.end_date
FROM fa_additions fadd,
fa_asset_keywords fak,
fa_books_v fb,
gl_periods gp,
fa_deprn_periods fdp,
fa_asset_history fah,
fa_transaction_headers fth
WHERE fadd.asset_key_ccid = fak.code_combination_id
AND fadd.asset_id = fb.asset_id
AND fah.asset_id = fadd.asset_id
AND fth.asset_id = fah.asset_id
AND fth.transaction_header_id = fah.transaction_header_id_in
AND fah.asset_type = 'CIP'
AND fdp.book_type_code = fb.book_type_code
AND fdp.period_name = gp.period_name
AND fdp.book_type_code = :p_book_type_code --'KV US CORP BOOK'
AND fdp.period_counter =
(SELECT MAX (fdp.period_counter)
FROM fa_deprn_periods fdp
WHERE 1 = 1
AND fdp.calendar_period_open_date BETWEEN (SELECT start_date
FROM gl_periods
WHERE period_name =
:p_period_from) = -- 'JUL-12-F13'
AND (SELECT start_date
FROM gl_periods
WHERE period_name =
:p_period_to)) -- 'DEC-12-F13'
AND fth.transaction_date_entered
BETWEEN (SELECT calendar_period_open_date
FROM fa_deprn_periods --gl_periods
WHERE period_name = :p_period_from -- 'JUL-12-F13'
AND book_type_code = :p_book_type_code) --'KV US CORP BOOK'
AND (SELECT calendar_period_close_date
FROM fa_deprn_periods --gl_periods
WHERE period_name = :p_period_to -- 'DEC-12-F13'
AND book_type_code = :p_book_type_code)
GROUP BY fadd.asset_id,
fadd.asset_number,
fak.segment1 || '.' || fak.segment2,
fadd.tag_number,
fadd.description,
fadd.attribute_category_code,
fb.date_placed_in_service,
fb.deprn_method_code,
fb.life_in_months,
gp.start_date,
gp.end_date
ORDER BY 1
The query returns the assets which have the 'transaction date entered' between the periods submitted.
But what about the assets who's 'Beginning Year Balance' is not zero [in the periods submitted in the query], those assets should also get displayed in the report.[and seeded report 'CIP Detail Report' shows assets who's 'Beginning Year Balance' is not zero along with the assets which have the transaction date entered between the periods submitted]
Any inputs / help / suggestions on this ?
Thanks !This is a strange requirement, depending on the columns you have and what are optional in them, one way is to have separate operations and each opeartion will have different inputs and for each operation , a different DB Adapter is called. But this way, it results in more number of operations for the service as well as more number of references in the composite. Even if you pass the column inputs to the SQL procedure, it will result in a large number of if-else cases..
Thanks,
N -
Fixed Assets instalation on SAP Business One 2007 A PL 47 SQL Server 2008
Dear Experts,
When i try to start the Fixed Assets Addon following Error occured
System Message
Set-up function of add-onfailed(C:Program Files\SAP\SAP Business One\Add-ons\SAP\Fixed Assets\BA_FixedAssets.exe)
I am using SBO 2007A PL 47 & SQL Server 2008
Kindly suggest
Tahirhi,
Answered in this link
Fixed Asset Add-on Failed to Install
Jeyakanthan -
Is Fixed Assets available in the US version of SAP 8.8?
Can anyone tell me if the fixed assets module is supported for SAP 8.8 in the US? If not, are there any plans to provide it for the US? Are there any good third party addons for fixed assets?
ThanksHi Peter,
Fixed Assets add-on is available for the US as of B1 8.8 SP00 PL08. For more detail, download the detail about the addon availability for SBO global database from this link:
https://websmp206.sap-ag.de/~sapidb/011000358700000455842009E.xls
Rgds,
JimM -
How to clear all fixed assets in SAP Business One
Client wants to clear all fixed assets and create new ones. What is the best way to do it.
Thanks.Hi,
My assumption is that your customer is using 9.0, is it?
I assume that the reason is because there was a mistake during the implementation, meaning that assets created using the application or using import fixed assets master data from excel are not what the user wanted.
The existing rule is that only assets in status 'new' can be removed, and this is a consistency requirement, both technical and from accountancy point of view.
So if the asset is not in status 'new' , it cannot be removed.
What you can do is cancel all transactions generated for the asset, acquisitions, retirements, etc, starting from the last, transaction, until you cancel the first.
Then you execute again depreciation run, to ensure any automatic posted depreciation is reverted.
This way the asset will remain in the system, but with no value. And you can eneter the new assets that will substitute them.
Jose -
Changing Fixed Assets useful life according IAS rules
Hi all,
According to the new IAS rules (International Accounting Standards) when an asset's useful life (currently with straight line depreciation) is changed we have to distribute the "net book value" (remaining depreciation to be posted) between all the remaining months in the same proportion.
Currently, SAP standard calculates the depreciation as the difference between the posted depreciation throughout the previous months and the amount that should have been depreciated with the new useful life, and it assigns this calculated amount in the current month when the useful life is changed.
We have checked that the remaining depreciation to be posted can be distributed equally over the remaining periods of the fiscal year by marking the "smoothing" flag through transaction OAYR per company code, but we need this amount to be distributed over all the remaining periods for the new useful life (not only over the current fiscal year).
Please find below an example to try to clarify my query:
A fixed asset with str.line depreciation has the following values:
Acquisition value: 12000 eur
Useful life: 3 years
Depreciation per year: 4000 eur.
The asset starts to depreciate on 01.01.2008 and its useful life is
changed to 2 years on 01.07.2008. On that moment the net book value is
10000 eur.
SAP adjusts the difference between the amount that should have been
depreciated with the new useful life (3.000 eur) and the real amount
posted (2.000 eur) = 1.000 eur depending on the "smoothing" flag:
1. If the flag is not marked: SAP assigns 1.500 eur (500 eur (6.000/12)
+ 1.000 eur from the difference) on 01.07.2008
2. If the flag is marked: SAP distributes the difference between the
remaining periods of the current year (from July to December) and it
assigns 666,66 eur per month (500 eur + 166,66, obtained from 1.000
eur/6 months).
But we need the same depreciation amount distributed over the remaining
months: 10.000 eur/18 months = 555,55 eur/month.
Has anyone come through the same problem before?
The only solution I can think of is transferring the asset values to a new one. Or maybe a user exit.
Any feedback will be much appreciated.
Thank you very much in advance. Best regardsHi Markus,
Sorry to come back to you regarding this question. Unfortunately we are not still on 6.0 so we can't take advantage of the new functionality.
I am now trying to make an asset transfer through transaction ABUMN but the new asset is taking into account the capitalisation value of the original asset rather than the net book value that we would need the system to consider to calculate the new depreciation values.
Do you know if there is a way to solve this?
Thanks a lot. Best regards -
Can you accelerate depreciation on a whole class of fixed assets ?
Can you accelerate depreciation on a whole class of Fixed Assets, so that they are written down to final Residual Value in one go?
Hi Simon,
I know this reply is 6 years since your question but none the less, let me try and help resolve the query.
There are options of manual depreciation and write downs but they are for individual assets.
If there is a legal change that necessitates accelerated depreciation after a certain number of years, you may configure a new depreciation key having a multi-level method that can help here.
If the number of years of life for the asset class in question is not the same for all assets, you can configure two phases in the depreciation key. The phase changeover can be done using the standard options provided by SAP or by using the custom changeover methods using BADI or Exit depending on what business functions are activated in your system.
Regards,
HP -
Hi All,
I have a customer who has many company databases and is running Fixed Assets.
They want to be able to print and file asset schedules after each depreciation run for each company.
The current version does not allow printing of the Asset History Sheet, and exporting to Excel adds a lot of extra work to get page breaks and company names on each report.
Has anyone developed a query for this report? I would like to solve their issue by use of a query and a print layout for them
ThanksIs this a US customer running the SAP Fixed Assets add-on? I hope not becuase that add-on is not supported by SAP in the US
Dan -
Hi Every one,
I am importing FA in SAP B1 PL 09 but failed, with system message log " Its active depreciation areas must be the same as those defined in the corresponding asset class. I checked depreciation areas and asset class, They corresponded to each other.
Please help me to find way to solve this error.
Thanks & Best Regards
Loan Trancheck below..
Fixed Asset SAP Business One 9.0 Configuration
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