Hi Victoria
If you intend to revaluate an asset, dont post -ve Unplanend Depreciation..
Use ABAW or ABAWN. You can also use Asset Write Up to write back the previously charged depreciation.
Ajay M
Ps: Close your thread once resolved. How to close a discussion and why
The thing is that the user wants to balance to 0 unpl.depr. previous to posting the revaluation to the asset. As the asset contains a positive unpl. Dep. When I enter the movement that leaves UD = O the NBV turns negative for the asset an recalculates the ord dep.
Select the shut down check box under time dependent tab in the asset master, maintain the time period and select the shut down option as yes in the depreciation key in AFAMA.
Dear Experts,
Greetings...
We are facing one issue in WBS settlement CJ88. We are getting error "Balancing field "Profit Center" in line item 001 not filled". This error we are getting when settling AUC to Final asset. From WBS to AUC there is no error. We have checked previous postings, and all are posted fo final asset witout errors. Present scenario one difference is there. Customer wants to post to final asset which has different business area from AUC. Here I am unable to understand, why profit center error coming because of business area difference. For your information business area is not mandatory in splitting characteristics. When I change the business area to same as AUC, then settlement is happenning.
I have searched forum also and found not suitable due to below issues:
1. ACSET are activate for WBS also, still error s there.
2. Create AUC asset APC GL as cost element type 90. Here error gone but there is difference in WBS balance araising because of WBS flowing in final settlement entry and client do not want the same.
Please suggest to solve the same
Thanks in Advance
Rajesh
Hi Victoria
Why dont you use the Asset Write Up (ABZU) and choose transaction type 730 or 731. You can write up the Unplanned Depreciation this way
Ajay M
Hi George:
Thanks by your support, you're right, I can change the status of this thread.
Greetings
Marco
Hi Robert
1. Create New Dep. Area by copying it from one of the existing Areas (Say, Area 01)
Copy option is active
2. Once you do this, include this New Area in Asset Classes in OAYZ. You may specify Default Useful Life, Dep Key and Screen layout here in OAYZ
3. You will need to settings in OABC to specify that the New Area takes over values from Area 01 or whatever. Specify if it needs to be "Identical"
4. Similarly, do settings in OABD if you wish to takeover Dep terms from any other Dep Area.. If not, make sure the New Area does not copy Dep terms from Area 01 or anything else
5. Do AFBN to add New Dep Area in existing assets.. You can specify here if the Dep Key needs to be adopted from Asset Class
Hope this helps
Ajay M
PS - Please close once resolved. How to close a discussion and why
Hi Jose
In the Screen Layout for Dep Areas (AO21) you can specify if the Maintenance Level is going to be Asset Class or Main Asset for the Depreciation Terms
See this.. Did you allow only asset class and not the main asset?
For existing assets with wrong useful life, you can do a change in AS92, AS02 or using MASS change. If it is a test system, just ignore..
Ajay M
Hi Rajesh
Please check the item category assigned to your APC Account for Final Asset. Has this been set up as 07000 for the same? Also, is there any downpayment which has been booked against the WBS element used in your case. In such a case, it needs to be settled to AUC first and than the final settlement needs to be executed.
Regards
Sanil Bhandari
Hi Ajay,
thank you for your detailed explanation. But what about the option "New Entries" in the oadb transaction. Can it be used?
Best regards,
Robert
No. You need to Copy the Depreciation Areas
Ajay M
Hi Ajay,
Thank you for your reply. I was just wondering what this New Entry option is for.
With best regards,
Robert
Hi,
We are having a scenario where we need to reduce the depreciation value that has already been posted for a specific dep area. we have two dep area's 01 and 20. We realized that we would not need dep for 20. We have made the GL adjustment entries but it does not reflect in Asset subledger.
We want to see if there is a way to do reduce the amount just in Asset subledger. Can we use Value adjustment for this purpose. can you also let me know the appropriate way to post the value adjustment without posting to GL.
Thanks
Shriya
Hi,
We have few assets for which we did not post depreciation for past years which are closed now in FI. What is the best practice to post depreciation for previous years.
Is the concept similar to impairment if lets say my Asset (eg Car) got slightly damaged and i would like to post a unplanned depreciation. Can we use the unplanned dep
Thanks
Shriya
Hi Shriya
1) Since Depreciation is posted and you want to write back, you need to do ABZU (Asset Write Up)
2) Create a Copy of the Standard TTY 700 and Restrict it to Area 20 Only. (AO78)
3) Now when you do ABZU, it will post to Area 20 Only.. But then it will post to FI also..
4) If you want to avoid FI posting, change the Posting Indicator of this Area 20 in OADB to 0 before you do ABZU.
Ideally, you should not have posted manual FI entries. When you do ABZU, it will auto post into FI. So either you reverse what you manually posted in FI or Change OADB indicator to 0 before ABZU
Regards
Ajay M
Hi Shriya
1. Yes you can use Unplanned Depreciation
2. But remember that Unplanned Depreciation does not impact the NBV at the Start of The Year.
Eg: APC 10000 (2013) and Depreciation of PY is 2000. So, NBV at the start of 2016 should be 8000
But because you are posting Unplanned Dep in 2016, the NBV at start of year is 10000 and not 8000
3. So if your depreciation is based on NBV, depreciation values in 2016 would still be wrong.. So you will have to post another Unplanned Depreciation towards the end of 2016 so that the NBV at the start of 2017 is Correct
Hope this helps
Ajay M
Hi Sanil,
As informed I have checked> Below are the screenshots with scenarios
Scenario 1. In error case where business area is different in AUC and final asset.
WBS to AUC settlement
AUC to Final settlement getting the profit center error
Scenario 2: In no error case where business area is same in AUC and final asset
WBS to AUC settlement
AUC to Final settlement
I am not understanding where the issue is exactly.
Regards,
Rajesh
Hi Rajesh
The simulation of Scenario 1 has the same profit center and business area in the screen shot. You need to do a simulation of similarly posted document, where the business areas are different and you are getting the error
Regards
Sanil Bhandari
Hi Sanil,
This is the first time they are posting with different business areas and getting the error message. There are no previous posted documents. But I have manually posted one document with different business areas in F-02. Below is the screenshot.
Regards,
Rajesh
Hi Sanil,
Adding to the above point, we will not have scenario of different business areas in single document, that is WBS to AUC settlement. Because AUC will be created automatically based and business area will be copied from WBS only.
Regards,
Rajesh