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Former Member
Aug 30, 2013 at 06:17 AM

Asset Accounting Revaluation Accrual

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Good day SAP Experts,

I just have a question regarding revaluation process in SAP.

We have a scenario where in we want the revaluation/impairment of the asset to take effect after considering the depreciation of the asset at year end.

For example:

Cost of Asset = 100,000 (01/01)

Useful life = 10

Calendar year is the fiscal year

At the end of year 1

Cost = 100,000

Accumulated Depreciation = 10,000

Book Value = 90,000

Fair Value at year end after depreciation = 85,000

Is it possible to apply the revaluation/impairment (ABAW) on the same fiscal year (end of fiscal year) without recomputing depreciation? Wherein the future depreciation will be 85,000/9.

So far, I tested this scenario in ABAW:

Transaction type = 898

Asset value date = 12/31

Posting Period = 12

Amount = 5,000

However, when I run the depreciation, the impairment takes effect on the 12th period. What we want is to retain the depreciation expense/accum dep for the year as 10,000. And the impairment (which is end of fiscal year) would take effect the next year.

We would not want to book the impairment in the beginning of the new fiscal year.

Will appreciate your inputs.

Thanks a lot!

Justin