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Former Member
Nov 18, 2014 at 07:10 AM

Different profit centers required for each line item of Acc. depriciation Account in depriciation Run

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Dear All,

I required help for a requirement raised by my business.

As per business requirement, Accumulated depreciation account should be posted in same profit center (splitting is activated) in which it was acquired during purchase.

Scenario is like :-

I have created a new asset code 6000000265 in class 6000.

In asset master, I have attached Cost center and WBS element having

different profit center in Time Dependent data tab.

In configuration (IMG à Financial Accounting à Asset Accounting à

Integration with the

General Ledgerà Additional Account Assignment Objects à Specify Account

Assignment Types for Account Assignment Objects) we have made a setting

that acquisition and Depreciation based on WBS element & Cost center both which ever is available (system will give priority to WBS element if both exist).


Cost Center having profit center X and WBS element having profit center Y

We acquire this asset with value 100,000.00 which get booked in profit

center based on WBS element.

Account Entry

Asset 100000 (Dr) PA Y

Vendor 100000 (Cr) PA Y

Now if we run depreciation then system will pass account entry in

profit

center attached with WBS element in both the line item

Account entry

Depriciation XXX(Dr) PA Y

Acc. depriciation XXX(Cr) PA Y

If we change the customize setting from Both option to only based on

Cost

center (Dep. setting above one)

then account entry (dep posting) will get booked in profit center based on Cost

center


Account entry

Depriciation XXX(Dr) PA X

Acc. depriciation XXX(Cr) PA X


but client requirement is to post Acc. Depreciation account in profit

center attached with WBS element not based on cost center as it is part

of balance sheet account in which it was initially acquired and for

better segment reporting.


Account entry

Depriciation XXX(Dr) PA X

Acc. depriciation XXX(Cr) PA Y



Thanks & Regards,

Jitendra