WIP Asset reversal
Hello all,
I have query about Asset - WIP. I created one WIP asset in year 2006 and now I want to reverse the WIP asset due to the deal is cancelled. I yet not capitalised it.
what is the steps.
its urgent, Please.
Thanks
use MIGO ,
select return delivery . select material documnt and enter material document
select movement type and post the document
to issue sub contractor
go to MB1B, select movement type: 541
enter other details and post the document.
Similar Messages
-
WIP assets has wrong Cost Centers/Profit Centers
Hi Experts,
There are several WIP (AuC) assets created after releasing the WBS Elements.
Ideally the WIP assets should have the Cost Center/Profit Center similar to the ones in the WBS Elements.
However the assets have different CC/PC than the WBS Elements.
We cannot change the Cost centers in asset master manually as there are postings done and depreciation ran on these assets.
Please suggest if we need to change the Cost Centers in all the assets or is there any other solution to this issue??
Thanks in advanceHello Experts,
Please share your suggestions on the above issue...
Thanks.. -
Asset Number of final asset based on WIP Asset
Dear All
I have created the asset under construction and the final asset with all the proceedings done.
Now i want to know the asset number of final asset ( capitalised) on based on WIP asset . how will i get
the same .
Thanks
VGDear,
Viral.
According to you please try to follow this report I hope this will help to achieve your requirement.
Report is S_ALR_87012054. or simply double click on last line item of your Auc asset in AW01N it will take you to new asset details.
If you need any help please revert. You are welcome.
Regards,
Pankaj A Bhalerao.
Edited by: Pankaj Bhalerao on Apr 22, 2010 7:34 AM -
Raw material consumed against wip asset
Dear All,
How to be mapped scenario - Raw material (cement) consumed against Construction work (WIP Asset).
Regards,
RanjeetThanks,
Now, problem solved.
Use Movement type 201 cost center issue and entry WIP Gl account manually in MB1A transaction and pass the excise JV through J1IH.
Regards,
Ranjeet -
Hi Experts,
We are trying to reverse an asset in AB08 but the error below appeared:
Line item settlement is not possible for asset XXXX 7100002311 0
Message no. AW050
Diagnosis
You want to carry out line item settlement of an asset under construction. This transaction can only be carried out for assets with active line item management.
However, line item settlement is not active in the asset class of asset 7100002311 0 (company code XXXX).
If the asset is an asset under construction belonging to an investment measure, then you should carry out the settlement using order or project settlement.
Procedure
Check the setting for 'status of AuC' in the definition of the asset class.
Kidnly advise on what to do.
Thanks in advance.
Edited by: Ellicec on Jul 7, 2010 6:57 AMHi,
I have a similar problem to the ones described above. The asset settlement has already taken place, but to the AuC class, I need to get it to the correct class. The WBS elements are correct and I haven't had this problem before. After trying the reversal transaction AIST, I still get the same error mentioned above:
Line item settlement is not possible for asset 118 90000161 0
Message no. AW050
Diagnosis
You want to carry out line item settlement of an asset under
construction. This transaction can only be carried out for assets with
active line item management.
However, line item settlement is not active in the asset class of asset
90000161 0 (company code 118).
If the asset is an asset under construction belonging to an investment
measure, then you should carry out the settlement using order or project
settlement.
Procedure
Check the setting for 'status of AuC' in the definition of the asset
class.
Have you any ideas?
Thanks,
edson32 -
Problem in Asset reversal using AB08
Hi
We have a process where by all assets purchased are first put in CWIP account and later when put to use we capitalise. At that time i settle the cwip asset to normal asset.
In one case I need to reverse the settlement T code AB08. When I try to do this I get an error. The message says negative values not allowed in dep area 15.Message No AA617.
In the group asset used for Tax Dep the values are less than the revarsal I need to do.
I have not yet run depriciation for that period.
How do I reverse the asset ?
regards
sameerHi,
Could you please active 'allow negative value' setting in the dep. area cofiguration or in the relevant asset master data? Please also take a look at Note 141656 as additional information.
Regards
Ravinagh Boni
Rewards me if it useful -
Asset Reversal AB08 and Issue in Dep run
Hi folks,
I have done an inter company asset transfer Using ABT1N -Asset got successfully transferred and after posting 2 depreciations runs, i have cancelled the asset transfer via AB08. The asset posted values tab is showing me a reversal of previous depreciations in the 3rd month but the depreciation run is throwing me an error for the same asset.
The error is as follows.
113 User is not authorised to post to company in nominal Message no. Z1144
(But I have the full authorization no issues found in su53)
Can someone please help..!
Regards,
KBHi,
Message is not a Standared one,
Please Check with ABAPer, There is any validations exist
Regards
Viswa -
I use ab01 to create some asset retirement, five assets sucessfully retired, now I use fb08 to reverse the documents.
is it the right procedure? I know we should use ab08, but Since we already use fb08 to reverse in production server.
any impact or any inconsistency it will create between asset and GL if using fb08 ? thanksHi,
There shouldn`t be any inconsistencies between your G/l and assets, but i remember that there was an issue with reversal of asset transactions from closed fiscal year - i think you are not able to do that from FB08.
In general it is recommended to carry out asset reversals from AB08.
KR,
Severina -
Asset reversal in AB08 ?
Dear All.
Experts.
My asset value date is 15.06.2009 and i want to reverse it for 30.06.2009 so which reversal reason should I take ?
Thanks in advance !
Regards ,
Sharvari.Hi,
Will.
15.06.2009 is my asset value date and I want to reverse for after 15 to 30 June but when I am trying for 30the June with 01
reason the system says It is allowed only for date 16.06.2009 and when I am taking posting date 16.06.2009 I am getting
a following error :-
Balance for transaction type group 10 negative for the area 01.
And the explanation for error is as follows :-
Balance for transaction type group 10 negative for the area 01
Message no. AA629
Asset affected: 000700001117-0000
Diagnosis
With the transaction entered, the balance for the transactions in group
10 in area 01 will be negative in this fiscal year. However, the balance
of transaction type group 10, according to its definition, must be
positive in each fiscal year.
System Response
The system rejects this posting.
Procedure
Check the transaction type, the amount and the fiscal year in your
posting. If you want to post a credit memo to an acquisition from the
previous year, then use a transaction type for a retirement. If
necessary, you can change balance rules after talking with your SAP
consultant.
Can any one please tell me where do I need to configure ?
Thanks in advance !
Regards,
Sharvari. -
hii all,
i have uploaded asset through AS91 transfer date was 31.03.2007 . entry not posted to g/l.
Now i want to reverse the asset and delete.
but whenever i am reversing with T. code AB08 . its showing error
No asset line items exist for year 2007
Message no. AA042
please help me .
Search the forumsHi,
write-up is used in R/3 to correct accumulated depreciation from former fiscal years. This can not be done when the depreciation was posted in the current fiscal year.
If you want to do a write-up, you could post an additional capitalisation, which is the write-up of the APC (see doumentation); transaction type 400
Unplanned depreciation from the current year can not be reversed with write-up
The simplest way is to reverse with AB08 (the RAPOST2000 will post it) and to post the correct values;
Please review online documentation for further information (via the site help.sap.com, FI-AA - Other transactions during life of an asset - Write-ups)
Regards Bernhard -
Hi Experts,
We captilized a Assets in March 2011 and in April 2011 user reverse the asset transfer document on the march . Now in books Only depriciation amount of the March is there in AW01N. How i write off this depreciation and what is the impact of this. Please guide me.
Thanx in AdvanceHi Severina ,
Thanx for your quick Reply . After reversal assets document in April, user run the dep of April, may & june. now for the ordinary Depriciation amount shows in AW01n in unplanned is 157. now we have to write off this dep amount in the july. Now as per your guidence we use the T code ABZU and write off the amount in August.
what is the impact of this.
Edited by: Aadi sharma on Sep 12, 2011 2:35 PM -
Dear All Experts,
I want to reverse my Posted Asset Document.
I am trying to reverse with Tcode AIST, After giving all inputs and executing it , givens error message ,
"Line item settlement is not possible for asset RI01 9900047 0 , Message No. Aw050".
I i use Tcode AB08 , Pressed on Reverse Document TAB , Suddenly it opens Actual Settelment Order screen. i.e KO88.
So i could not reverse Asset.
What can be the problem . How to reverse the document.
Where shall i check for this problem
Pl help me
Regards
Swati ShahHello Venkat,
Thanx
I tried ABSO with TType 105 and given other inputs . Now it's giving error
"Asset is investment measure, transaction type not allowed , Message No. Ak005"
Also tried with TType 160 , it's giving error,
":Acquisition value negative in area 01., Message No. AA617"
Pl suggest me something to solve this problem as i have another Asset Document also to reverse it.
Regards
Swati -
Wip Asset sending to jobwork.
Dear All,
My Client Requirement is like this.
We Purcahse Asset under Asset under construction ,Before Capitalising(settlement) this Asset they want to send job work Proccess and update 54F Challan after receiving this asset they want to capitalise.this asset ,For this requirement how to fulfill .Pls Guide me how to do this.
Thanks in Advance
Regards
Girish.hi
try with subcontracting process by sending the material outside and after the job work receiving the mateirals -
Dear all experts;
I'm looking for your help for my situation as below; any contributions will get points.
We create 20 line ID for WIP and 20 Cost Components, for 2 kinds of products (10 line ID + Cost Components for Shoes and 10 for Handbag).
We faced with unexplainable for WIP of some of Production Orders of Handbag. After run KKAO and CO88, these production orders create WIP line IDs and updated for all 20 Line ID (not as expected as 10 Line ID to Handbag only), that means the system update WIP and Reserve of Shoes and Handbag to these Handbag Production Order to all available line IDs in the configuration. Even the FI posting of WIP is correct, that's so weird!!!!
Reserves amount has been divided equally, why?
I have been checking many times of configuration. Nothing's wrong, I also check SAP Notes, there's nothing
Cost Element
Total reserves
WIP
93100000
0
0
93101101
34,822
0
93101102
34,820
0
93101103
34,820
0
93101104
34,820
0
93101201
34,820
0
93101301
34,820
0
93101302
34,820
0
93101401
34,820
0
93101501
34,820
-1,581,803,110
93108101
34,820
0
93108102
34,820
0
93108103
34,820
0
93108201
34,820
0
93108202
34,820
0
93108203
34,820
0
93108204
34,820
0
93108205
34,820
0
93108301
34,820
0
93108401
34,820
0
93108501
34,820
0
93108502
34,820
0
93108503
34,820
0
93108504
34,820
-515,848,023
93108505
34,820
-84,478,395
93108506
34,820
-43,824,973
93108507
34,820
-2,099,021
93108508
34,820
0
93108509
34,820
-12,921,591
93108510
34,820
-17,917,427
93108511
34,820
-15,943,151
93108512
34,820
0
93108513
34,820
-22,547,947
Best Regards;
WindyDear Ajay;
1.I mean "Target Cost" in "Goods Issue Transaction" Line item (KKBC_ORD),
This Target cost amount will apprear after GR even Pr.Ord status "REL"
Below screens is one of correct Production Order
2. I wonder how with single RA Key you will achieve the WIP split for HANDBAG and SHOES
--> We only use 1 RA Key for both Handbag and Shoes because we defined separate Primary & Secondary Cost Element for them
4. Cost component structure in OKTZ having exclusive cost components for both
Normally; WIP post to FI is total amount, and user can display details of WIP split by Secondary Cost Element in KOB8 or KKBC_ORD by period as well
And now, my situation for some of Production Order
Best Regards;
Windy -
Hi Experts!
My core team said me to create two asset class CWIP BG & CWIP P&M
1.First - In SPRO , I just wanted to know which status of Auc will be used - No Auc or summary mgt of Auc/Line item settlement/ Investment Measure.
2.Second - In assignment with GL for balance sheet and Depreciation what are the fields is needed to assign or GL to be assigned.
Please dont give me any path and try give the solution urgently
AbhisekHi
1. In CWIP for creation of asset class you will give Line item settlement.You must not select "include asset" check box.
2. In Balance sheet accounts you will assign G/L Accounts for
Acquisition & Production cost
Loss made on Asset retirement w/o revenue
Clearing account revenue from asset class
gain from asset sale
loss from asset sale.
There wont be depreciation for CWIP.
Regards
Venkat
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