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author's profile photo Padmaparag Kelkar
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Padmaparag Kelkar

IT depreciation area set up for Global roll out - issue in multi fiscal year and ledger scenario

Posted on Jul 01, 2020 at 04:07 PM 61 Views

Dear friends,

Created following depreciation areas

Area - Name - Type - Target group - GL - Currency

01 - Book depreciation - Real - 0L - 1 - INR

15 - IN IT depren - Real - (no ledger) - 0 - (INR)

30 - Local GAAP - Real - IN - 3 - INR

35 - Delta (30-01) - Blank - IN - 5 - INR

60 - Group - Real - Blank - 0 - EUR

Fiscal year variants

K4 - 0L

V3 - IN

Period control for Area 01 - 01/01/02/02 for 15 - IN1 - IT/IT/NL/NL

All other set up is made with Asset blocks, posting, etc.. when i am trying to post the takeover transaction (AS91) i am getting an error "Error : E613 SYST: You cannot determine the period for rule IT to INTERN-0000". Found out the reason, since we have fiscal year variant assignment which has different calendars assigned to, hence failing in determining period for IT depreciation. Searched lot of notes, tried OA84 for generating period controls, but it seems working only for year dependent period controls. Then found out note 2321211 - Project Solution for Alternative Fiscal Year Variant in Classic FI-AA, which talks about MCC solution which is paid service.

Question is, with all this odd do we have anybody who implemented Indian IT depreciation solution? if yes, may i have some tips from him / her?

Regards,

Parag

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4 Answers

  • author's profile photo Nathan Genez
    Nathan Genez
    Posted on Jul 02, 2020 at 12:24 AM
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    Plenty of people have put it in. There are tons of posts about it here on SCN but no one has bothered to thoroughly publish content on it in the Wiki (despite multiple requests by me!!!!). So, all I can say is to start searching and digging.

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  • author's profile photo Padmaparag Kelkar
    Padmaparag Kelkar
    Posted on Jul 02, 2020 at 04:55 AM
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    Hi Nathan,

    Thanks for your response, I did searched for it on SCN and on OSS, but didnt find consolidated view. Lately got the note 2321211 - Project Solution for Alternative Fiscal Year Variant (https://launchpad.support.sap.com/#/notes/2321211), which in turn says that without MCC tool, (SAP paid service) it is not possible to achieve Asset accounting India Income tax. I would like to confirm the same from experts.

    @ forum - please do let me know your view on that.

    Regards,

    Parag

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  • author's profile photo Padmaparag Kelkar
    Padmaparag Kelkar
    Posted on Jul 03, 2020 at 06:50 AM
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    Hello

    Can somebody please help?

    //Parag

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  • author's profile photo Ramky Prabhakar
    Ramky Prabhakar
    Posted on Jul 29, 2020 at 10:17 AM
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    Parag,

    Here is my testing in S/4 HANA demo system. Access to the system has expired. Hence couldn't capture the config screen shots. Finally when you post the asset, entry in the acdoca would look like this. Check on fiscal year column where T3(IN FY) posting is on same date but gets reflected in both FY (K4&T3) as per their periods. Ref SAP Note 2490222 and related notes. Asset explorer will not show the details. You need to build the custom report. Hope this helps.

    Regards - Prabhakarasset-test.png


    asset-test.png (40.0 kB)
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