Hello
Please let me know as to why the ASKB tcode -Asset periodic posting ,is used in asset acounting,whats the purpose of it and what does it update.
Regards
Rekha
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Why should the tcode ASKB be run
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Error AU133 Account 'Contra account: Acquisition value' could not be found
I have this error when running RAPERB2000 program in IDES ECC6.0.
I have checked AO90 and this B/S account (199990) is maintain correctly in area 64 for the account determination.
This is the job log:-
02.12.2010 23:21:41 Errors occurred during the posting run (see the log)
02.12.2010 23:21:41 Company code AA01, depreciation area 64, fiscal year 2010, account group 30000
02.12.2010 23:21:41 Account 'Contra account: Acquisition value' could not be found for area 64
02.12.2010 23:21:41 Company code AA01, depreciation area 64, fiscal year 2010, account group 40000
02.12.2010 23:21:41 Account 'Contra account: Acquisition value' could not be found for area 64
02.12.2010 23:21:41 Company code AA01, depreciation area 64, fiscal year 2010, account group 30000
02.12.2010 23:21:41 Account 'Contra account: Acquisition value' could not be found for area 64
02.12.2010 23:21:41 Document INT-000026 was created successfully for Asset Accounting
02.12.2010 23:21:41 Company code AA01, depreciation area 99, fiscal year 2010, account group 20000
02.12.2010 23:21:41 Document INT-000027 was created successfully for Asset Accounting
02.12.2010 23:21:42 Errors occurred during the posting run (see the log)
Anyone has any idea why this error occur?
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F-92 Asset Retirement with Customer
Hi,
I am trying to post F-92, however i cannot see Asset Retirement tab to post. It should be there in item 2 \ credit entry - Asst Retirement.
I am looking to post a sale of asset (a truck) to customer with revenue.
Kindly advice
Thanks,
AP
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Intercompany Asset transfer-Avoiding currency translation
Dear experts,
We are facing this complication during intercompany asset transfers from foreign legal entities (FLE) to US legal entities.
Background: Headquarters is located in the USA and the initial SAP
implementation had a design flaw wherein the Group currency was
not configured. On subsequent acquisitions and mergers and expansion of
the business in other countries, new company codes were created with the proper group currency USD activated (curr type 30).
Now we are undertaking the group currency conversion for all our US company codes. Here is the challenge we are facing imminent to this
conversion.
Previous scenario: Group currency - not activated for US Company codes; but activated for all foreign legal entities [FLE]
Every chart of depreciation has alteast two depreciation areas in common: 01 and 42, 42 being the designated areas for group currency valuation.
During inter-company transfer from FLE to US co.cd, area 01 of the FLE would supply the transfer values to area 01 of US co.cd. This would
result in an exchange rate conversion since a non USD amount was being sent whereas the receiver area was in USD. Thus, system would take the
spot rate and do the conversion.
This was not approved by the business. They wanted the USD values (in area 42) to be sent to the book 01 in the US company codes. To achieve this I assigned:
1. Cross system depreciation area 42 to area 01 (non USD values) in FLE chart of depreciation (e.g. TQCR) and
2. area 01 to area 42 (USD values) in FLE chart of depreciation
3. In the US Chart of depreciation (TQUS) cross system area 01 and 42 are assigned to area 01 and 42 respectively.
The effect of this is that during an intercompany transfer, the USD values of area 42 from FLE is transferred to area 01 of the US Company codes.
Current situation:
Now with the group currency being active, the system still does the above, however in addition it transfers the values in area 01 of the FLE to area 42 (which is the group currency USD) in the US company code. This results in the Local currency and Group currency balances to be different.
What we want is that the area 42 values of the FLE should supply values to both area 01 and 42 in the US company codes. This is a fundamental
design issue and I am trying various combinations of configuration to achieve this. Either I get currency translation in book 01 (first LC values)
or book 42 (2nd LC).
We want same values in both the books. I tried to use enhancement 'AINT0004', however the program control for ABT1N transaction does not
call this user exit.
I hope this explanation is clear. Any valid insight would be very much appreciated. Sorry for the long message, but couldn't help being a bit narrative.
Best regards,
Vishal Thakur.
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Why should the tcode ASKB be run
Hello
Please let me know as to why the ASKB tcode -Asset periodic posting ,is used in asset acounting,whats the purpose of it and what does it update.
Regards
Rekha
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ABNV - Internal Number Range - Asset Accounting
Hi all,
As such I do not know the importance of Tcode - ABNV (Number Range Internal).
At our client site we have maintained
No. Year From Number. To Number Current Number
01 2008 0000000001 9999999999 1
01 2009 0000000001 9999999999 2
and for
No. Year From Number To Number Current Number
02 2008 0000000001 9999999999 9
Our client is asking as why we have not maintained 02 for the year 2009 (Current Year) when it was there in 2008 (Last Year).
Regards,
Shridhar
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ABAW - Post Impairment Asset
Hi Experts,
I have the below query
Scenario - Asset bought for $100000 on 01/01/2014, depreciation executed on 9/30/2014 $3750
Company wants to impair full $100000 on 10/31/2014. There should not be any NBV value left
ABAW was executed on 10/31/2014
AFAB was executed on 10/31/2014, we see $100000 was reversed, however accumulated depreciation was reversed upto 3365.38 instead of $3750
Transaction key ( Z81 - Impairment Loss current year) used
Asset value date - 01/01/2014
Any thoughts , why the accumulated depreciation is not getting fully reversed.
Thanks
SB
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How to upload opening balance in Asset Accounting
Hi Expert,
I would like to upload my asset balance in to SAP, Have prepared the way of uploading through (LSMW - AS91).
My question is once done the upload where we need to check our asset balance.
Second one is which value have to upload (Asset procured on 12.05.2010) System update date is 31.12,15. Depreciation method is Straight line.
Please clarify after done the legacy upload what is our action for upload the opening balance, either consider as opening balance as Asset take over value or as of now value value.
Thanks in advance !!!!
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Asset Revaluation both Commercial & Tax Purpose via AR29N
Hi there,
Our organisation is going to implement asset revaluation both commercial and for tax purposes via AR29N. What we have configured are described below :
1. OABW
Tick both book depreciation and tax balance sheet
2. AO90
Account assignment for revaluation account assignment and account assignment for revaluation on depreciation
3. OAYR
Tick post revaluation
4. AUFW
Create revaluation measurement
5. AFAMS
Change base value to 24
We then test the asset revaluation using AR29N with these parameters:
Current Net book value asset : 2.450.023.285
Asset value after new valuation : 3.700.000.000
Gain (Loss) : 1.249.976.715
On commercial side (the book depreciation), the output has been passed as below print screen :
AW01N for commercial side display as below print screen:
However, the output for the tax purpose, (tax balance sheet) the revaluation ord.dep. did not appear, therefore the gain loss revaluation value was incorrect. Below is print screen AW01N for tax purpose.
Furthermore, the Asset Net Book Value become to high as the revaluation ord depr. was not properly calculated.
Below is the calculation used for Dep key fiskal (tax balance sheet)
Does anyone have any experience in asset revaluation on both commercial and tax purpose?
Is there any missed configuration in order the revaluation value on tax purpose accordance to its commercial ?
Any help will be greatly appreciated.
Thanks
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Transaction: AJRW
Hi Experts,
I am doing the transaction AJRW - Open the fiscal year to 2009 -
1. What is the business impact if i did the AJRW transaction?
2. Why system is not allowing to post the any transaction in year 2008 on 01.01.2009 even we can not take asset history sheet
and we can not make the Asset acquistion entries also. If i complete the AJRW transaction system is allowing to make the
any transaction in 2008 (Note: My fiscal year is Jan. to Dec.)
Kindly advise my questions.
Reg,
Raj.
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How to upload opening balance in Asset Accounting
Hi Expert,
I would like to upload my asset balance in to SAP, Have prepared the way of uploading through (LSMW - AS91).
My question is once done the upload where we need to check our asset balance.
Second one is which value have to upload (Asset procured on 12.05.2010) System update date is 31.12,15. Depreciation method is Straight line.
Please clarify after done the legacy upload what is our action for upload the opening balance, either consider as opening balance as Asset take over value or as of now value value.
Thanks in advance !!!!
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Asset acquisition with F-90
Hello,
we are posting asset acquisition against vendor with F-90 (transaction type 100). We want to input different acquisition values for Depreciation area US GAAP and depreciation area Local GAAP.
However in the screen for F-90 we do not have ability to input different values. However i have seen before in another implementation that there was the option to input different acquisition values in F-90. I cannot find any customizing to control this - so does anyone know how to fulfill the requirement to post different acquisition values into different depreciation areas from F-90?
Thanks
Kai
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Fiscal year change not yet made for company code
Hi All,
I did year end closing activity for asset accouting in my company code, i have done AJRW for fiscal year change successfully and after that i did AJAB for closing the previous FY, now when i am running S_ALR_87011964 system is giving me error message "Fiscal year change not yet made for company code".
please guide me.
Regards,
Gopal
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Depreciation calculation based on WDV on remaining useful life
Dear Experts
I have a requirement of calculating depreciation on WDV method on remaining useful life. the scenario explains as below
The Company was original following Written Down Value Depreciation Method wherein Depreciation is calculated yearly on a pro-rata basis at a fixed percentage on the opening book value of the assets as illustrated below:
Particulars | 2011-12 | 2012-13 | 2013-14 |
Opening Book Value of Assets |
| 900 | 810 |
Add: Cost of Acquistion during the year | 1,000 | - | - |
Less: Depreciation for the year @ 10% | 100 | 90 | 81 |
Closing Book Value of Assets (WDV) | 900 | 810 | 729 |
In short depreciation was calculated at every year on a fixed percentage basis on the written down value of the asset.
The Company had maintained separate depreciation keys in the system for each Asset Class (eg. Plant & Machinery, Building, Office Equipments etc.). Each Depreciation key specified the rate of depreciation to be charged.
However the New Companies Act 2013, the act has done away with the rates of depreciation. Instead the act specifies useful life of the assets class over which the asset has to be depreciated. (For example the act specifies that Non-Factory Building have to be depreciated over a period 60 years). Further in case of assets which have already been use as at 1st April 2014 will have to be depreciated over the remaining useful life of the assets. For example,
In case of an asset which purchase on 1st April 2011, as at 1st April 2014 the asset has already been in use for a period of 3 years. Now, if the useful life of the asset as specified by the new act is 5 years the remaining useful life of the asset as at 1st April 2014 works out to 2 years. Thus the asset will now have to be depreciated over a period 2 years starting from 1st April 2014.
However, since the new act does not specify the WDV rate at which the asset is to be depreciated, the implied rate of depreciation considering the remaining useful life will have to be calculated using the following Formula as attached file1
Where n = Useful Life of the asset (Residual Value in case the asset is existing as on 1st April 2014.
Book Value = Written Down Value as on 1st April 2014 or Cost of Acquisition in case of assets newly purchased during the year.
Therefore continuing our above example, suppose the useful life of asset acquired in 2011-12 specified under the new Companies Act is 15 years. Thus the remaining useful life of the asset as at 1st April 2014 will be 12 years and residual value will be calculated @ 5% on the original cost of the asset. Therefore the implied rate of depreciation under WDV Method with remaining useful life of 12 years will be computed as attached file, file2
Thus the implied rate of depreciation would be 20.01% and the depreciation for the year 2014-15 would be calculated as follows:
Particulars | 2013-14 | 2014-15 |
Opening Book Value of Assets | 810 | 729 |
Add: Cost of Acquistion during the year | - |
|
Less: Depreciation for the year @ 20% for FY 2014-15 | 81 | 146 |
Closing Book Value of Assets (WDV) | 729 | 583 |
Likewise, individual depreciation rates would have to be computed for all the assets outstanding on 1st April 2014.
This can be done either by manually calculating the depreciation rate for all assets and then create separate depreciation keys for all assets. However creating so many keys would be a cumbersome process.
Can you suggest An alternative to the above process so which would automatically calculate the depreciation rates based on the useful life entered on each assets?
Kindly revert at the earliest
Thanks
venu
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Message no.AA347 You cannot post to asset in compa. code x fiscal year
Hi,
We are creating a new FI company, which copy from other one from the same country, so they are going to use the same chart of depreciation. The problem is that when i am going to post an asset in the new company the following message appears:
You cannot post to asset in company code AINN fiscal year 2009
'Message no. AA347
Diagnosis
A fiscal year change has not yet been performed in Asset Accounting for company code XXX.
Procedure
Check the asset value date.'
This is because the current year of the other company in DEV is a past year (2001), so the table T093C- LGJAHR is copied to the new company with this year and then transported in the copy.
What can I do? Should I run the TS AJRW o should I change the table T093C- LGJAHR by custminzing (I cannot not find in the customizing where to change it)?
It could cause any problem?
Thanks,
Cecilia
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Difference Between AFAB and ASKB
Hi All,
I would like to know the exact difference between the AFAB and ASKB.
In which situation we need to run the depreciation in AFAB and ASKB.
Immediately points will be assigned
Raju
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Asset acquisition with F-90
Hello,
we are posting asset acquisition against vendor with F-90 (transaction type 100). We want to input different acquisition values for Depreciation area US GAAP and depreciation area Local GAAP.
However in the screen for F-90 we do not have ability to input different values. However i have seen before in another implementation that there was the option to input different acquisition values in F-90. I cannot find any customizing to control this - so does anyone know how to fulfill the requirement to post different acquisition values into different depreciation areas from F-90?
Thanks
Kai
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E698 SYST: Abnormal termination (ANLB-LGJAN 1 not equal to ANLC-GJAHR
Hi Gurus
when iam planning to upload from AS91 iam getting the error E698 SYST: Abnormal termination (ANLB-LGJAN 1 not equal to ANLC-GJAHR when i enter the Takeover values, when i did before 31 dec of uploading its good but, whne iam trying to do the same on 3rd Jan for uploading it was showing this error
Regards
Rammohan
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The Asset History Sheet (Transaction code: S_ALR_87011990)
Hi,
Can any one help me on the following?
The he Asset History Sheet (Transaction code: S_ALR_87011990) provides year to date balance per asset class and can be drilled down to individual asset level.
Is there any way I could use same report or any other reports that can provides monthly movement data instead of year to date data?
Regards,
Rashid Khan
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New Depreciation Area - Depreciation Calculation
Hi. I am not a functional guy, so I might be asking something many of you already know, but I can't figure it out... so here I go.
My tax department wants to create a new depreciation area for California (let say area 41), it will be similar to another depreciation area (let say 40), but some asset classes will have different depreciation key and most of the asset classes will have different useful life.
I was able to create new depreciation area by copying area 40.
I used OADB, OABC, OAYZ and AFBN to create, activate and open new depreciation area.
My problem is existing asset is depreciating based on area 40 instead of 41.
How can I change, so that area 41 is depreciate based on useful life of 41?
Example:
Asset 101 was 1/1/2010 at $100,000.
Useful life of area 40 is 10 years.
So, fiscal year 2016 (Jan 2016) starting netbook value is $40,000 and ordinary depreciation is -$60,000.
Now, depreciation area 41's useful life is 20 years.
What tax department want to see is depreciation based on 20 years...meaning
fiscal year 2015 starting netbook value should be $70,000 and ordinary depreciation should be $-30,000.
Is this possible?
How can I achieve this?
Thanks for any help you can give.
John
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