The impairment is not recognised in the year of impairment!!!!

Question

Hello Forum,
I make a impairment posting in yera 2007.
But the imaprments posted are accounted in year 2008 only.
Why is the imapirments posted in the year 2007, not recognized in the same year?
How can i configure such scenario?
Please guide me .......
Thanks
GS

Answer 1

Hi,
I think this is not a regular issue,
I think still Sap do not have any solution for it.We need to implement SORP to do the impairment
I am sending some OSS notes regarding SORP solution,
Note 1142467 - SORP - Statement of Recommended Practice
Legal Change in UK
The guidelines of the recommended practices have been published by CIPFA
(The accounting body for public sector). The SORP sets out the proper
accounting practices required for Statements of Accounts, by section 21(2)
of the Local Government Act.
More Terms
SORP - Statement of Recommended Practice
MHCA - Modified Historic Cost Accounting
Cause and Prerequisites
Legal change affecting local authorities. The SORP has guidelines on how
the councils are to value various items on the balance sheet. This request
deals specifically with fixed assets and includes all the relevant
scenarios for revaluing assets upwards and downwards.
Solution
The solution will describe the major tasks and the customizing steps needed
to be compliant with SORP.
Timelines are as follow:
Note release of necessary customizing activities for
ERP2004 for pilot customers: 22 of February
Note release of additional changes in the
system for ERP2004: 29 of February
Release for other versions: 14th of March
Header Data
Release Status: Released for Customer
Released on: 20.02.2008 09:37:45
Priority: Correction with high priority
Category: Legal change
Main Component FI-AA-AA-H Revaluation
Additional Components:
XX-CSC-GB Great Britain
Valid Releases
09.01.2009 Page 2 of 2
Note 1142467 - SORP - Statement of Recommended Practice
Software Component Release From
Release
To Release and Following
SAP_APPL 46C 46C 46C
SAP_APPL 470 470 470
SAP_APPL 500 500 500
SAP_APPL 600 600 600 X
09.01.2009 Page 1 of 3
Note 1156819 - SORP - Statement of Recommended Practice 2006/2007,UK,
FIAA
Note Language: English Version: 8 Validity: Valid from 22.05.2008
this is the second OSS NOTE 156819
Dear Customers,
Please DO NOT implement this note for SORP solution.
Please refer the OSS note 1144500 to implement the SORP solution.
For internal use:
More Terms
To release the CR for UK solution
Cause and Prerequisites
not intended for customer implementation.
Solution
For SORP solution, please refer the note 1144500
Released only for internal purpose.
Purpose: For testing in the 462, release.
Apply this Note and create the following system objects.
Create and activate the following objects:
1. Package
For releases ERP2004(ECC 5.00) and ERP2005(ECC 6.00):
Transaction code: SE80
Package Name : ID-FIAA-UK
Short Description : Asset Accounting localization - UK
Application Component : FI-LOC
Surrounding Package : ID-FI
Software Component : SAP_APPL
For releases 4.6C and 4.7 :
Transaction code: SE80
Package Name : ID-FIAA-UK
Short Description : Asset Accounting localization - UK
Application Component : FI
Surrounding Package : ID-FI
Software Component : SAP_APPL
2. Function Group
Transaction code: SE80
Page 6
Function Group Name : ID_FIAA_UK
09.01.2009 Page 2 of 3
Note 1156819 - SORP - Statement of Recommended Practice 2006/2007,UK,
FIAA
Package : ID-FIAA-UK
3. Data Element
Transaction code: SE11
Data Element : FLG_SORP_MHCA
Short Text : Activate SORP/MCHA Functions
Domain : XFELD
Package Name : ID-FIAA-UK
Field Label Length Field label
Short 10 SORP/MHCA
Medium 18 Activate SORP/MHCA
Long 20 Activate SORP/MHCA
4. Table
Transaction code: SE11
Table Name : IDFIAA_UK_SORP
Short Text : Activate SORP/MCHA Functions
Package : ID-FIAA-UK
Delivery Class : C
Table View Maintenance: Display/Maintenance Allowed
Field Key InitialValues DataElement
MANDT Y Y MANDT
BUKRS Y Y BUKRS
SORP_MHCA - - FLG_SORP_MHCA
Technical Settings
Data Class : APPL2
Size : 0
Buffering : ON (Fully Buffered)
5. Table Maintenance Generator
Transaction code: SE11
1. Open the table IDFIAA_UK_SORP in change mode.
2. Go to Utilities -> Table Maintenance Generator.
3. Create the table maintenance using the "Create" button:
Function group : ID_FIAA_UK
Package : ID-FIAA-UK
Maintenance Type : one step
Note: IMG changes will not be reflected until the Support Pack is
implemented. However, SM30 transaction can be used to maintain this
table, if the SP is not implemented.
6. Install the following correction instruction of this note:
Correction instruction number: 1001810, 1010333 only for 462 release.
Header Data
Release Status: Released for Customer
Released on: 05.06.2008 12:10:20
09.01.2009 Page 3 of 3
Note 1156819 - SORP - Statement of Recommended Practice 2006/2007,UK,
FIAA
Priority: Correction with medium priority
Category: Correction of Legal Function
Main Component XX-CSC-GB Great Britain
Additional Components:
FI-AA Asset Accounting
Valid Releases
Software Component Release From
Release
To Release and Following
SAP_APPL 46C 46C 46C
SAP_APPL 470 470 470
Support Packages
Support Packages Release Package Name
EA-APPL 110 SAPKGPAA28
EA-APPL 200 SAPKGPAB17
SAP_APPL 46C SAPKH46C57
SAP_APPL 46C SAPKH46C58
SAP_APPL 470 SAPKH47031
SAP_APPL 470 SAPKH47032
SAP_APPL 500 SAPKH50020
SAP_APPL 500 SAPKH50021
SAP_APPL 600 SAPKH60015
SAP_APPL 602 SAPKH60205
SAP_APPL 603 SAPKH60304
SAP_APPL 604 SAPKH60401
Correction Instructions
Correction
Instructio
ns
Valid
from
Valid
to
Software
Component
Typ
e
Reference
Correction
Last
Changed
1001810 46C 46C SAP_APPL C P9CK496292 06.05.2008 11:23:51
1018076 46C 46C SAP_APPL C P9CK497712 05.06.2008 13:06:54
*) C Correction, B Pre-Implementation, A Post-Implementation, M Undetermined
To solve this issue we need OSS note 1144500 but still SAP is working on it I think
If I get any solution I will contact you
Thank you
Ravinder