Wrongly posted to asset instead of GL

Hi All
I have a asset which was wrongly posted as an asset in the last year and now users want to transfer that to a Balance sheet GL account .Depreciation has been run on the same for the last year and the current year .Any ideas? Can I scrap the same and then reclass this as a GL or can anyone suggest some other method

Hi,
We need to classify this between last year posting and this year posting..
Last year: Depreciation in already posted and the books are closed..so if you touch the last year balances.. it will call for Audit Query as the books are closed.. Do write back if you also want to adjust the last year figures..
Current Year : You can change the depreciation key for this Asset to 00 Depreciation key and run a repeat run of the Depreciation. This will reverse the depreciation posted in this year in the current month and then you can execute transaction ABSO to transfer the balance of the Asset to a GL Account.
Regards,
SAPFICO

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Hi Gurus
Posting was done on the wrong asset number x instead of y in the last financial year.
depreciaion is posted to the asset X for almost 11 months in the financial year 2011
please specify the options available to transfer the whole acquisition amount and the depreciation amount(book and tax dep) that is booked to the wrong asset X to the asset y.
the balance in asset number X after transferring will be 30K (NBV). these postings have happened prior to the year 2010
the wrong posting occurred in last janaury (fiscal year april to Mar)
thanks in advance
regards
sap student

Do an ABUMN using a gross transfer and all the posted depreciation in the sending asset will be shown up as value adjustment in the receiving asset and in the next year, you see this value adjustment in the accumulated depreciation bucket.

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Hi
My user have posted one Non-PO Asset posting into the SAP system, but realized that the Asset No. posted wrongly in last month (Nov 06) and depreciation had been done.
Please suggest whether I can reverse and repost to the correct Asset No. & what about the depreciation and any impact if I have done that.
Appreciated your inputs,
Rgds,
Vyas

Hi Vyas,
Execute transaction code AS92. Input the Asset Number, Sub-Asset Number and Company Code of the wrongly posted asset you want to correct. Then click on "Takeover Values". Delete the wrong figures for all depreciation areas for both the "***.acquis.val." and "Accm.ord.deprec" fields. Enter the correct Acquisition and Accummulated Depreciation values and Save your entries.
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I hope the above helps.
Do not forget to award the points please.
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Hi Experts,
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I was simulating a case where I did created a PO of 20Pcs @ 100/ Pc
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so if I consolidate all three enteries now , I realized
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Thx for all your replies ...
I did try the MR11 to clear 1000 Rs . ... but the accounting enteries posted are
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You said , if MIRO is done before MIGO then system will pick the MIGO price ..... but at my end it is not happening , could u pls let me know what settings might be missing at my end ?
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Hi SAP Guru,
I have very critical issue to be resolved emmediatly in the area of Excise for CAPITAL GOODS, please help! the things is....
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or
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or
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+91 9940216442

Hi Datta, thanks for the reply
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Hi All,
I have made payment to the wrong vendor and the check also realised. At that time I passed a jv to balancing the account instead of creating credit memo. Now I would like to get a report like what are the vendors has been wrongly posted. This is for creating credit memo purpose. How to track the wrong vendor postings.
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Hello Gurus'
For few Assets only, Deprecation in 7th month (Calender year is followed) got posted as debit instead of credit & also amount posted was 6 times than the usual monthly depreciation.
Please help.
Thanks,
VK

Hi,
If you posted depreciation for a period, then your FI entry will be like below.
Depreciation expense GL account Dr
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Hello Gurus,
There has been wrong posting of unplanned depreciation for an asset and now the user needs to reverse such posting.
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Would be really nice of you.
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Subhankar

Hi,
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Edited by: appalas on Dec 14, 2010 1:21 PM

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Salute Masters!!
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Say... Rs. 1000/- has been posted on 11 March 2011 by RERAPP, in between party has paid Rs. 500/- on 15 March 2011, while creation of Invoice by RERAIV on 20 March 2011, instead of Rs. 1000/- Invoice, system is showing Rs. 1500/- Invoice.
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Srivastav
+91 7829755109

Hi,
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Hi guru's
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subramanyam

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Hello Gurus,
We are facing pecuiliar problem in asset accouting. We have 8 assets in one asset class with dep. key @ 4.75 %. 4 assets are created in Feb. and 4 in Mar 08. Depreciation is calulated and our audit is over. Later on we realised, that the dep. key was wrong on these asset class and should have been @ 3.34 %. We have not closed the Asset year. Now the excess depreciation claimed in Feb. 08 and Mar. 08, we want to reverse in Apr. 2008. Since the audit is over and figures are freezed, we don't want to do dep. repeat run. When we change the dep. key to new rate, it still shown dep. correction sumulated in Mar. 08 and not in April. If I close the year, even then calculation in Apr. after change of dep. key is only for Apr. and no corrections are posted for excess dep. of Feb. & Mar.
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Deepak

Dear Deepak,
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Regards
srinivas

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Sattuj

HI,
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Wrongly posted to asset instead of GL

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