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author's profile photo Former Member
Former Member

Asset revaluation

Hi ,

I have one task .if u have answer pls help me.

The task is we have 4000 no of assets in books. The depreciation was run upto October end. We need to revalue the assets w.e.f. April 06. This should be done on December 1st. The revaluation values are manually arrived. They are to be updated in the system w.e. f April 1st. And the depreciation also should get affected from April 1st on the revaluated values.

Can you think it over on this?

Thanks &Regards

Shirisha

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3 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Nov 10, 2006 at 11:43 AM

    Hi,

    Good morning and greetings,

    Normally when an asset is changed with the capitalized value the system automatically re-determines the depreciation amount in the current open period.

    It would be like below:

    Asset Value = £1000

    Deprn 1st Month = £8

    Deprn 2nd Month = £8

    ....

    Changing the asset value to £1200

    Deprn 3rd Month = £8 + (£200 * Depreciation rate * 2 months) = £17

    Deprn 4th Month = £12

    Deprn 5th Month = £12

    This is how system would react for the change in the asset value...Accounting the depreciation in 1st and 2nd month is not advisable as the period is already closed...if the accounting is in the same fiscal year better to consider the above mentioned standard SAP option.

    Please reward points if found useful.

    Thanking you,

    With kindest regards

    Ramesh Padmanabhan

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  • author's profile photo Former Member
    Former Member
    Posted on Nov 10, 2006 at 03:07 PM

    Hi sirisha,

    You can do it in transaction AR29N , AR29. for that u need to do some config... like creating the new revaluation measure, transaction type etc.

    Please reward points if found useful.

    Thank you,

    regards

    Srikanth

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  • author's profile photo Former Member
    Former Member
    Posted on Jan 08, 2007 at 07:01 AM

    Dear sirish

    WISH YOU A HAPPY NEW YEAR

    Regards

    Sure

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