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author's profile photo Former Member
Former Member

Upload Asset Balances?

Dear All,

I uploaded 1000 Assets through LSMW from Tr code AS91. Now, for Asset Balance Upload We can use 2 Tr codes OAMK and OASV.

Can anybody explain the process to upload Asset balances (Acquisition value & Accumulated Depreciation) with entries and GL Accounts and

Impact of TB,

Thanks

Anil

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4 Answers

  • Best Answer
    Posted on Aug 12, 2013 at 11:34 AM

    Anil,

    Fixed Assets have to be posted in 2 stages:

    1 - Master records values - LSMW

    2 - GL Account balances - OAMK and FB01, or OASV.

    Use OAMK only tor accounting adjusts. It unlocks reconciliation account from AO90 to be posted.

    In tis case the best choice is OASV. You have to post Acquisition and Acumulated depreciation accounts (Check AO90) and post against Migration transitory account (EG 999999).

    Take a look in below sample. The Expenses account were done in P&L migration then assume only Acquisition and Cumulative depreciation:

    Best Regards


    AA01.png (32.3 kB)
    AA02.png (95.2 kB)
    AA03.png (99.8 kB)
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  • Posted on Aug 11, 2013 at 02:02 PM

    It appears you have already created Legacy Asset Master data

    Now got ot As92 and select Asset take over values and enter legacy asset values

    To post in GL account, go to OAMK and change the control of reconciliation account to "BLANK"

    Post GL balances and go to OAMK and restore control of reconciliation account to " ASSETS"

    Check the legacy asset value and GL account are balanced

    Thanks

    Srinivas ,

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    • Hi Anil,

      At last your General ledger balances and Asset sub ledgers must be tally. You always upload legacy balances which is previous year through AS91. In AS91 it self you have to update actual acquisition value and either depreciation or accumulated depreciation & also do mentioned entries through OASV.

      1. Acquisition Posting :- Single entry enough for all assets.

      Fixed asset GL account............Dr

      To Initial Balance account ..................Cr

      2. Accumulated depreciation posting :- Single entry enough for all assets.

      Initial balance account............Dr

      To Accumulated balance account.........Cr

      Regards

      Mani Kumar

  • author's profile photo Former Member
    Former Member
    Posted on Aug 12, 2013 at 10:56 AM

    Hi Anil,

    Please read below wiki link: It explains the Asset Legacy steps.

    http://wiki.sdn.sap.com/wiki/display/profile/Asset+-+Legacy+Migration+Guidelines

    Regards,

    Jaymin R. Bhatt

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  • author's profile photo Former Member
    Former Member
    Posted on Aug 12, 2013 at 06:13 PM

    Hi all,

    I have small doubt in asset upload

    Eg: asset Purchased on 01.04.2005 - Rs 10000

    Some asset added on 01.08.2009 - Rs. 50000

    For Example Acc.Dep - Rs 2000 till now

    here how we upload asset additions

    Thanks

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