Which depreciation key is eligible for mid-month convention in SAP?

Dear Experts,
I am looking for the depreciation key for mid-month convention for USA in SAP standard system.
Do you know what key is for this convention?
Thanks.
BR,
Chris Kim

Dear sapfincon,
Thank you for your comment.
When I looked at those depreciation keys, LINA/LINK/LINR, those period control are 007 or 008.
In case of acquisition for those period controls, "007" has "04" (First year convention at half year start date) and "008" "01" (Pro rata at period start date).
I don't think these "04" and "01" stand for mid-month convention.
I assume the period control "02" (Pro rata upto mid-period at period start date) is for mid-month convention.
What do you think about this?
Thanks again.
BR,
Chris Kim

Similar Messages

New FSV for Mid month Dep Key

Hi guys,
I am trying to define new fiscal year version with 24 periods which is required for mid month convention cuz we are using a FSV which starts Dec-Nov and is year dependent.I need little help on how to divided these periods into 24, cuz each time i am getting some errors ,like there are gaps in FSV.The details of our accounting periods are as uder.
FOR 2009 FSV (DEC-NOV)
MONTH          DAY              PERIOD         SHIFT
1     31     2     0
2     28     3     0
3     28     4     0
5     2     5     0
5     30     6     0
6     27     7     0
8     1     8     0
8     29     9     0
9     26     10     0
10     31     11     0
11     30     12     0
12     26     1     1 (1 SHOWS 1,2 PERIOD IN 2010)
12     31     2     +1
FOR 2010
MONTH          DAY              PERIOD         SHIFT
1     30     2     0
2     27     3     0
3     27     4     0
4     29     5     0
5     29     6     0
6     26     7     0
7     31     8     0
8     28     9     0
9     25     10     0
10     30     11     0
11     30     12     0
12     25     1     1(1 SHOWS YEAR 2011)
12     31     2     +1
So how do I divide these into 24 periods for mid month calculation.if ANyone could help especially PAULkr or Nathen, I be grateful.
Thanks
Shaun

If your fiscal year starting in Dec, I think you can do the following settings for your 24 period fiscal year
Month Day   Period
1           15       3
1            31      4
2            15       5
2            28        6
Continue like this until
11         15         23
11         30         24
12         15         1          +1
12         31         2          +1
Paul

My daughter created a movie using iMovie, which she has worked on for a month, when trying to save it on a jump drive she was asked to "finalize" the movie...now there is no record of it at all. Any ideas how I could try and retrieve the file?

My daughter created a movie using iMovie 11, which she has worked on for a month. When trying to save it on a jump drive she was asked to "finalize" the movie, and while this was running (quoted 13 hours!) she received an error message. Now there is no record of it at all, I have looked in trash etc. Any ideas how I could try and retrieve the file?

The file cannot be reloaded in iMovie using File > Open Recent ??
There is no trace of the file in a Spotlight search?
The project files are not under <user>/Movies/iMovie Projects ??
Finalizing creates small, medium and large version of the finished video. It does take a long time, but it should not destroy your project files.
Oh, and you really MUST have a backup of your files. You can expect to lose files if you have no other copies of them.

Asset Accounting - Mid month Convention

Hi,
I have a problem in Asset Accouting for configuring a mid-month convention (and mid-quarter), settings. I activated the use of half-month in my company code (value 15), and defined Calender assignment for my Fiscal year variant, for Period control 03. The depreciation start date is correctly calculated for the tax depreciation area (period control 03). But, for my book and group depreciation area (period control 01 - 1st of acquisition month), the system also calculating 15/mm.
For Book Depreciation area I need to calculate depreciation for the entire period in which Asset is acquired (period Control 01) Currently If I acuire the asset before 15th of month its calculating depreciation for entire month and If I acquire the asset after 15th of month its calculating only for half month.
Is there a way to have mid-month calculation only applying to specific depreciation area ? Did i miss something in the customizing or do I have to change the period control 01 to force the start date at the first of the current month ?
If you require any futher info to provide input on this issue, Please let me know.
Thanks in advance to everyone who could help me.

As long as the depreciation keys are different between the depreciation areas you should be able to have one calculating at mid-month and the other at full month, respectively.
Just a thought: Go into transaction "OAVH" and make sure that the periods are assigned correctly for your Period Control "1". It should have one line item with a "0" in the month and day field and the period field should be 'blank'.
If the Period Control is correct, you should try creating a custom Period Control that defines each period as the last day of the month.
Hope this helps,
Chad

Mid month convention - Period Control method

Hi
My client wants to calculate depreciation for mid month. i.e, Asset acquired after 15th of a month should be considered for next month depreciation calculation.
A new dep key and period control have been asked to create.
In this case, what are the steps that needs to be done?
Pl help me out.
Thanx..
Prasad

Copy a key and start it with Z.For period control use the second one, which is called "pro rata upto mid-period per period start date. What this method does is if the asset is put in service upto the middle of the period(month-generally) the depreciation starts beginning of the period, if it is after the middle of the period the start date is the beginning of the next period(month).
Please assign points for this correct answer.

Income tax issue for mid month joinees

Issue 2:
For New (mid month) joinee at the first month gross salary is calculated based on the earned salary amount *12 months (or no. of remaining months for financial yr end), but in my client income tax deducted based on the actual salary (not earned salary) from the first month onwards.
For example :
Employee X,
Joined date 15.08.2011,
Actual salary = 1,00,000 INR. Earned salary for 15 days = 50,000 INR.
While Start Payroll for the period 5th (August) 2011. The WT /416 Gross salary = 4,00,000 (50000*8). Based on this gross salary income tax calculated, But I want to calculated the gross at first month (august 2011) based on follows,
Gross salary : August month earned salary = 50,000 + Actual salary per month =1,00,000*7 =7,00,000.
Gross salary = 7,50,000 INR.
Please give me some solution
Thanks and regards
Mohan .V

Hi Param Dayal,
New issues rise Now....
For New (mid month) joinee at the first month Exemption U/S 10 is calculated based on the Conveyance Allowance amount *12 months (or no. of remaining months for financial yr end), but in my client income tax Exemption U/S 10 based on the actual salary (not earned salary) from the first month onwards.
For example :
Employee X,
Joined date 15.08.2011,
Conveyance Allowance = 800 INR. Earned Conveyance Allowance for 15 days = 400 INR.
While Start Payroll for the period 5th (August) 2011. The WT /130 Exemption U/S 10 = 3,200 (400*8). Based on this Conveyance Allowance The Exemption U/S 10 calculated, But I want to calculated the Exemption U/S 10 at first month (august 2011) based on follows,
August month earned Conveyance Allowance = 400 INR + Actual Conveyance Allowance per month =800*7 =5,600.
Exemption U/S 10 = 6,000 INR.
Please give me some solution
Thanks and regards
Mohan .V
Edited by: mohantamilan on Sep 26, 2011 2:52 PM

Depreciation is not executed for last month and the period is closed. Giving Error in this Dep. Cycle.

Hi All,
We had a month End scenario where the depreciation for a company code is not executed for the last month and closed the period without checking it.
While running the Depreciation posting for this month we encounted a error that last motn period is closed. Can we do the depreciation without opening the period closed. Kindly let us know the options available.
Regards,
Lakshmi Narayana

Lakshmi,
There is no way you can post depreciation without opening the prior periods. Please discuss with your business and secure all necessarry approval, I believe the business has a process on this kind of situations. As long as it is fully documented, auditors will not find it wrong.
This is the best time to improve your process, think of possible ways so that business will not forget to post depreciation (e.g send automatic email during 3 days before, 2 days before., 1 day before and during the day of depreciation run).
Hope this helps.
Thanks!
Jhero

Quota Restriction for Mid- Month Joineees

For employees who have joinedon or after 15th of a month , quotas should not be generated only for that month. The Quota is getting generated through Time Evaluation.
How to configure the same?
Current scenarion: 2.5 days per month.
Requirement is that for example an employee joining on 15th of a month should not get leave credit for that onth & from nect onth onwards he will get regularly..
Regards,
Megha

Hi Vasehgal,
Thanks for your inputs. The client does not use date type like date of joining or trchnical date of entry...
So is there any other alternative..
I am trying using userexits....
Regards,
Megha

I was surprises to see my iphone is blanked which i have been using for few months

i was surprises to see my iphone is blanked which i have been using for few months

can someone help me in this pls???

Period Control Method 01 and 03 Mid Month Convention

Hi All,
I am trying to create two different depreciation keys.
One is with Period rule 01 i.e Pro rata at period start date. Example. If I create an asset any time during the month, the ordinary start depreciation should start at the beginning of the month.
Secondly another deprecation key with period rule 03 i.e. prorata at mid period. Meaning that the ordinary start deprecation date should be from 15 of the month.
I activate the " Use of Half Months in the Company Code" then the deprecation key with prorata at period start date is behaving like pro rata at mid period.
Example:
I created an asset that was capitalized 5/18. For book depreciation the start date should be 5/1 and for tax it should be 5/15. Both of the areas are showing 5/15. have i missed something?

Issue Resolved
Steps:
1. In transaction OAVS define a new Per control (Z1).
2. In transaction OAVH create the following: My fiscal year is from Aug-July
3. Update transaction AFAMP, create a new period control method and assign it Z1/Z1/Z1/Z1
4. Finally update the period control in the book depreciation key AFAMP.
                                                                                D                   M                  Period
Z1     At period start date              1     31     5
Z1     At period start date              2     28     6
Z1     At period start date              3     31     7
Z1     At period start date              4     30     8
Z1     At period start date              5     31     9
Z1     At period start date              6     30     10
Z1     At period start date              7     31     11
Z1     At period start date              8     31
Z1     At period start date              9     30     1
Z1     At period start date              10     31     2
Z1     At period start date              11     30     3
Z1     At period start date              12     31     4

Wrong display of No. of days worked in Payslip for mid-month joining

Dear Experts,
We use PE51, form editor for payslip for indian payrol. Our issue is when an employee joins mid of the month or say 4th of any month, still in payslip it shows no. of working days as 30/31 days instead of actual days worked. But pay results are correctly being calculated on factoring basis.
Please let me know how to resolve it, we use PCR ZNP1 for factoring which is written as follows
ZNP1 Partial factors for India - /801(CD), /802(WD), /803(WH),/804(Nom)
      /801 Partial period factor 1
        RTE=TKSOLL Set
        RTE-TKAU** Subtraction
        RTE*KGENAU Multiplication
        RTE/TKDIVI Division
        ADDWT *    OT   Output table
      /802 Partial period factor 2
        RTE=TASOLL Set
        RTE-TAAU** Subtraction
        RTE*KGENAU Multiplication
        RTE/TADIVI Division
        ADDWT *    OT   Output table
      /803 Partial period factor 3
        RTE=TSSOLL Set
        RTE-TSAU** Subtraction
        RTE*KGENAU Multiplication
        RTE/TSDIVI Division
        ADDWT *    OT   Output table
      /804 Partial period factor 4
      /805 Partial period factor 5
      /806 Partial period factor 6
      /807 Partial period factor 7
Please guide, if i need to modify it for getting correct working days display in payslip
Regards
Tan

in that case the Requirement is to display no of working days of employee in a month
Here working days means
Total Calendar Days - Unpaid days - Paid days = working days ( please check the said one again since i have inculded the paid days and unpaid days if u want u can remove paid days)
so in order to fetch this
we need Calendar days that is TKSOLL
Unpaid days   check the technical wage types /845 Paid days /846 ( you can have custom wage types too)
Copy a wage type from standrad overtime wage type that will be 1555
The PCR is as follows
NUM=TKSOLL (calendar Days)
NUM-E /846      Paid days
NUM-E /845
ADDWT 15555
Use ACTIO function and insert it any where in Sub Schema XT00

Basic Pay Split not happening for Mid Month Joining

Hi Gurus,
I am facing a problem running a payroll where the employee who is hired at the middle of the month the net pay should be half. But in my case the employee is getting a full month pay.
I have Hired an employee on 20th of February.
Planned working Time Status "0" No time Evaluation
My Payroll Area is Monthly
The Payroll Period is 25th to 24th of next month
Pay date is 27th
I am running payroll on 24th Feb the RT displays the net payable amount for the full month instead of 5 days Payment which is from 20 Feb to 24 feb.
I have set the start dates in the following infotypes 0000, 0001, 0002, 0007, 0008 as Start Date: 20th February current year.
I have assigned all my wage types the following Processing class:
PRCL 1 Specification 3 WType included in valuation basis /001 and /002
PRCL 10 Specification 1 Reduction with factor /801
And PRCL 30 and 41 also are assigned appropriate specifications.
Please guide how can I do it.
Best Regards,
KPJ

Thanks Surisetti I resolved myself..if you could throw some light as the amount is not being calculated exactly..
The month has working hrs 192.
the amount in /001= 66 and /002=52
The base salary is 10000 SAR
and the TSSOLL= 39.5 for days from 20 Feb to 24 Feb
So, Amount will be calculated /001 mutilply TSSOLL i.e (66 X 39.5)or
/002 Mutiply 39.5 i.e (52 X 39.5)
How would that be calculated...
In general when base is 10000 SAR and monthly working hrs are 192
10000 Divide by 192 is equal to 52 which is exactly equal to /002
and now worked hrs in period 20 feb to 24 feb are 39.5
So, basic should be (52 X 39.5)= 2,057 SAR
The amount calculated in system is different ...could u please throw some light why its not calculating exact amount to be paid..
Thanks & Regards,
KPJ

Payroll processing for Mid month Joinees and Separated Employees

Hi Folks,
I have the following queries with regard to separation and Joining.
1.In Legacy , people who are joining after 17 of the current month is getting paid in the next month. Our Payroll Period is from 1 to 31st . Is it possible to stop Payment for people who are joining after 17th of the current month and Pay them in the subsequent month.
2.In legacy usually the Settlement happens in the subsequent month of Separation. Say if a employee resigns on April, he will get his full and Final settlement in the month of May or june. For a separated employee is it possible to make payment in the subsequent months.
Rgds,
Sekar.

For point no 1, yes its possibel. and there are multiplt ways to that. like lock the employee in payroll status infotype, or write a rule where in check the DOJ of the employee, and if employee joins after 17th, reject the payroll for that employee
For point no 2, yes you can process later also, but ensure that payroll gets processes in that financial year itself.

Which is the best hdd for mid 2011 imac

I am bit confused to choose from these 1TB 3.5" HDD
1. Seagate
2. WD Green
3. WD Black
I mainly use this iMac (21.5", Mid 2011) for Photoshop with large files from 800MB to 3GB. Some video editing etc.
Also I don't know the WD Black is compatible with the power supply or not as the HDD require more power than other HDDs.
Please suggest.

APC is a fine brand and probably the most recommended on these forums. One major error I see you made is to install PowerShute, it's simply not compatible with OS X and should not be installed. You should contact APC Tech Support for instructions on how to correctly uninstall it. I think once you do if your KP's are related they will go away. You should handle this first, don't just trash the software, that will not get rid of it. You need to follow APC's uninstall instructions, I know because I found out the hard way.
If all that is wrong is the battery has died then simply get a replacment battery. You can buy replacements from APC or from a battery distributor, I've even seen them on EBay. They're about like car batteries, when they go dead you replace it.

ST.Line Mid month dep Key

Guys,
I need to configure a st.line mid month depreciation key for our 39 year building asset for area AMT & ACE, The standard key ACM is not producing the correct calculation.If I assign this key the following calculation is coming up ,
APC=26.171.89 Life:39 years, Acq date:12/10/2009( as per our FSV its our 2010-period 1)
dep is caculated as $335.54, which is half of the year's dep which should be $671.08, where as we want to have $671.08
for first year. What do I need to chnage in that key??.
Regards
Shaun

Paul,
we are using fiscal year variant from DEC-NOV and as of 11.30.2010 is our period 12,the last period of the year.and our fiscal periods doesnt correspondence to calender year.so now standrad key ACM with period control 06(03/03/03/03) calculating just st line in first year , which is $ 671.08, not $ 6433.11 which is mid month calculation .but its not happening ,any other idea in period control that could give me that mid month convention to work.but thanks for your helpo ,u been a great help to me ,I assigned full points to you.
Regards
Shaun

Which depreciation key is eligible for mid-month convention in SAP?

Similar Messages

Maybe you are looking for