WDV in fixed assets
Hi everyone,
I need to customize the WDV for India. From what I read, it is a fixed percentage of the NBV.
So, if the percentage is 20. and the acquisition value is 10000$, the first year, it should be 10000 * 20%.
The second year would be the NBV * 20%.
My question is how do I set up the system so that the depreciation should be applied to the NBV?
Hope I am being cliear!.
Regards,
Maria Marta Porrone
Hi
Dep Key Controls:
Base method
Declining bal methd
perd cont methd
multi-level methd
To calculate % use multi-level methd in your case WDV
Base Method Decl Method Period Contl Multl level Method Change over methd
0014 001 001 xx
Acq year, years prd Base value percent
9999 1 - 01 20%
9999 2 24 32%
Thanks
Anil
Similar Messages
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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.
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Loan Trancheck below..
Fixed Asset SAP Business One 9.0 Configuration -
Hi all,
I'm trying to upload the Active Fix Asset to the SBO (no new).
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item: FixAsset
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and Life Balance : 12 month
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2001876 - The system does not consider the Salvage Value nor the
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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.
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The system supports the following forms of depreciation:
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Hello,
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Lesley-AnneHi,
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Fixed Asset conversion :Transaction AS100
Hi guys,
Have any one used AS100 for fixed asset conversion. Is this option better than LSMW. How the excel file is sorted to special format.
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SaeedCons of using AS100: -This method is suited for transferring small datasets, such as a few hundred fixed assets. The system can process a maximum of 5000 rows.
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I am getting following Error, while uploading Fixed Asset Template. Please Advice
http://www.megaupload.com/?d=Y35WGNOD
Edited by: Faisal Baloch on Nov 3, 2010 7:22 AMHi Faisal......
This might be the programming issue. Please ask your technical consultant to check the codes.
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Fixed Asset calculates extra period for Depreciation
Hi All,
I have imported the Fixed Asset for 2007B for the Year 2010. while checking the import, i notice that the system calculates an additional period for depreciation.
Here is my scenario :
a. Asset Cost = 15,863.12 (purchased on 31-May-2007).
b. Useful Life = 36
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JessieFurther information.
The Net Book value = 1762.94
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Using Straight Line Mehtod = Net Book Value / remaining life. -
Dear All,
Any one kindly help me out for doing configuration for Fexed Asset Auditing.
I don't know how to do the step by step configuration for Fixed Asset Auditing and view the Asset Audit report.
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Glen -
When running the Fixed Asset Book report, the system shows every instance of an asset number. By that I mean that when and asset has changed locations the asset shows in the report in both locations with a value of zero in one location. This makes using this report for NBV reconciliations to the GL very difficult as I need to find ways of tracking and eliminating the duplicates before I can even begin.
Is there a way to get the report to provide the data only in the current locations or is there a differant report I can use that provides a NBV at a period end broken out by cost and accumulated depreciation.
Any assistance would be appreciated.Please see (FAQ: RXi Reports (JGRX/RXJG, FARX/RXFA, APRX/RXAP, ARRX/RXAR) [ID 430075.1]) -- How To Find The Source Code Of An RXi Report ?
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Hussein -
Fixed Asset Auditing Configuration
Dear All,
I need a help for doing Fixed Asset Audit Configuration.
Any one kindly give me a guide line for how to do the step by step configuration for Fixed Asset Auditing and view the audit report
Thanks & Regards,
S. UmamageshwaranSteve,
please see my response below.
Cost
1440
Dep. Per yr
120
Dep. Per month
10
Year
Cost
Dep
NBV
1
1440
-20
1420
2
-120
1300
3
-120
1180
4
-120
1060
5
-120
940
6
-120
820
7
-120
700
8
-120
580
9
-120
460
10
-120
340
11
-120
220
12
-120
100
13
-100
Legacy data
Assuming that you will load everything on 1/1/Y4
Cummulative acq
Accum dep
1440
-260
Assuming that you will load everything on 5/1/Y4 << so I assume you will load it on period 5
Cummulative acq
Accum dep
1440
-300
Accum dep in legacy will depend on when will you load the data. Take over date on this case is 4/30/Y4.
Thanks!
Jhero -
Import fixed assets in middle of fiscal year 2013
Hi,
I like to import several fixed assets in middle of fiscal year 2013. The attached file works fine but when I then look at the depreciation months, I see the depreciation for the complete year of 2013. But when I set the start depreciation date in the import file set to 2013-11-01 the import is not working anymore because of wrong calculation of lifetime.
How can I import this fixed asset with start depr date set to 2013-11-01 and only the last 2 months (Nov and Dec) need an depreciation for 2013??
And not also the previous months !!!
Thanks again.
MarkHi Mark,
Import FA with depreciation start date as 2014/01/01 and run the depreciation for the said two months by doing an journal entry. Depreciation is calculated for a whole year.
Isaac. -
Fixed Asset procedure For acquirsion Throught Landed Cost
I Have To Import A Fixed Asset From Foreign Vendor.But How Can i Able Charge Landed Cost To That Asset.means Simple Landed Cost procedure just Cost the Charge to Inventory item But How To Fixed Asset
Regards
NaveedNaveed,
Landed cost only supports inventory item in current system design. You need to do it manually for Fixed Asset.
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Gordon -
Fixed Asset: Current Year Depreciation
Dear Experts,
Previously, fixed assets was managed manually in an excel sheet and depreciation was calculated manually in the excel sheet.
My client wants to start using the FA Addon in March. I managed to import all the fixed asset master data with its Cost, Acc. Depn and NBV. They all tally with the GL balances as at 31.12.2010 which is the last day of the accounting year.
However, I have problem with the current year accumulated depn figure. When I run depreciation for Jan-Feb, the figure does not tally with the GL balances as at 28.02.2011.
For example:
Fixed Asset Cost: $5,859.00
In SAP B1
Depreciation method: Straight-line depreciation
Calculation medthod: Percentage of Acquisition Value
Percentage: 33.33%
Planned monthly depreciation: $162.77 <-- Not sure how B1 get this figure
Therefore, accumulated depreciation for current year as at 28.02.2011 = $325.54
Manual via Excel
Depreciation method: Straight-line depreciation
Calculation medthod: Percentage of Acquisition Value
Percentage: 33.33%
Accumulated depreciation for current year as at 28.02.2011= ($5,859 x 33.33%) / 12 x 2 = $325.47
How do I get the current year depreciation to tie with the GL?Hi Joyce,
I understand the issue you are facing is that
accumulated depreciation for current year as at 28.02.2011(calculated by Fixed assets addon) = $325.54,
but
accumulated depreciation for current year as at 28.02.2011(calculated by excel)= ($5,859 x 33.33%) / 12 x 2 = $325.47
you want to know how system calculate the accumulated depreciation as $325.54?
in order to make it clear,
please let me know how did you define the FA master data,such as the net book value,useful life,remaing life and so on.
Please check the FA master data->general tab and calculation tab,as it is not possible to attach the screenshot to show the relevant data,please log a SAP message for the further assistance.
Kind regards,
Eleven
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