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According to posting cycle, you should post period 012 next

Former Member
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Hi Experts,

We are doing legacy asset transfer for a company code. One of our old team mate has set the transfer date as 05/31/2014(period 11) and the specify last posted depreciation (OAYC) as 2014/11. We are following June-July fiscal year and the go live date is 05/31/2014.

I am getting error "According to posting cycle, you should post period 012 next" when doing unit testing for depreciation in period 8 for newly created asset through AS01 and it is because we set last posted depreciation in OAYC as 2014/11.

In this situation how to test the scenarios?

I want to change the transfer date to 04/30/2014 because we want to do the unit testing and UAT after loading the assets if we cannot execute the depreciation script for period 8 as said above?

Please suggest Can I now change the asset transfer date and last posted depreciation and will there be any consequences as I have already loaded 5 assets through AS91.

Thanks in advance for your help.

Thanks,

SNVKN

Accepted Solutions (1)

Accepted Solutions (1)

former_member205615
Contributor
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Hi SNVKN

If fiscal year is from July to Jun and you want to post depreciation posting for period 8 in ERP system, then you can change transfer date to 01/31/2014 and last posted period to period 7 of 2014 for test purpose.

Assuming that you have posted depreciation for period 8-11 in legacy system, the only consequence caused by above settings is to poste depreciation for period 8-11 again in ERP system again.

In general, if depreciation posting has been done for period 8-11 in legacy system, then you need to set transfer date to 05/31/2013 and last posted period to period 11 of 2014 in ERP system to ensure the data inconsistency between migrating systems.

Hope it’s clear for you.

Best regards

George

Former Member
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Thank you George for your detailed explanation.

We have a different requirement. Let me explain you the situation.

Company code first local currency is USD and second location currency is EUR.

We are using two depreciation areas 01 for USD and 02 for EUR. depreciation area 02 is required for statutory puroses and business like to have the original acquisition values for this.

For depreciation area 01, we are taking NBV values as of 07/31/2013 and no accumulated depreciation and depreciation from 07/31/2013 to 05/31/2014 and remaining useful life in area 01.

For depreciation area 02, we are taking original acquisition values and accumulated depreciation until 06/31/2013 and depreciation expense from 07/01/2013 to 05/31/2014 and useful life will be original useful life.

As I told in my first post, the transfer date as 05/31/2014 and depreciation last posted period as 11/2014.

Is our approach explained above is correct?

How can users provide the values until 05/31/2014 when the go live date is also same.

My only question is if we use the last posted period as 11/2014, we cannot execute the depreciation for testing purpose. If I make it as 10/2014 and transfer date as 04/30/2014 so that I can get some time to load the assets and I will run depreciation for period 11 in SAP.

Please suggest your advice.

Thanks you for your help.

Thanks,

SNVKN

former_member205615
Contributor
0 Kudos

Hi SNVKN

As the depreciation for current year from 07/31/2013 to 05/31/2014 is taken over in AS91/AS92, so you need to set the last posted period to period 11 of 2014.

if you set the last posted period to period 10 2014 (04/30/2014), then depreciation for period 11 will be posted again in ERP system. in this case, you need to take over current year depreciation only from 07/31/2013 to 04/30/2014 in AS91/AS92 migration.

Regards

George

Former Member
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Thank you so much George for your help.

Thanks,

SNVKN

Answers (0)