What is mean of write-up in asset accounting

Question

Dear all,
In asset accounting what is the mean of WRITE-UP.In which case we use this transaction. Can we use this t.code for any movement.
Advise me
Thanks & Regards,
Srinivas

Answer 1

Hi
A write-up is generally understood to be a later change to the valuation of an asset. This change can take different forms, depending on the reasons for the change. There are two common reasons for write-ups:
1.     You forgot to capitalize an asset in a fiscal year that is now closed, and this omission must now be corrected (write-ups to APC are usually called post-capitalization). Current year income statement gets a credit for the extent of post-capitalization amount given the assumption that the Vendor invoice was booked as an expense in the previous fiscal year.
2.     The value adjustments (depreciation) that you calculated in the past were too high. You must now correct this error using a write-up in the current fiscal year. Excessive depreciation generally results from:
u2022     The use of incorrect depreciation terms (incorrect expected useful life, incorrect depreciation key)
u2022     Unplanned depreciation, which is no longer valid in the current situation
u2022     A later reduction in the acquisition and production costs of an asset (for example, due to a subsequent credit memo).
VVR