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Fixed asset - Asset was refurbished and costs allocated is not depreciating Why?

Aug 14, 2017 at 11:53 PM

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Former Member

Hi SAP Guru's

I have a few assets that we have refurbished, it looks like we had allocated the cost for the refurb to the asset and it has not depreciated.

If i give the following example:

We have an asset purchase price of $5433 (2010) useful life 5yrs its depreciated 4.5yrs with NBV $543 (2014) remaining we then refurbished the asset with the cost of $2080 and allocated this in period 10 (2014) its now 2017 and the fixed asset register is still showing this asset with a NBV of $2623. Ideally i would like to depreciate this asset from the year we allocated the refurbished cost 2014 (but I know SAP will only post for the current period) does that mean SAP will adjust for the remaining useful life?

How can do I start the asset depreciating again at the new refurbed value? What step have I missed?

Cheers

Crystal

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2 Answers

Bernhard Kirchner
Aug 30, 2017 at 08:19 AM
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Hi Crystal,

generally if you change any depreciation relevant parameter, the depreciation will be recalculated for all open fiscal years.

1. Please at first start a recalculation of values.

2. In AW01N press the button recalculation of values and check what the system is doing

- does refurbishment has an impact on the base value

3. In the attachment I can see that the depreciation for the year is adjusted to zero.

- perhaps useful life is zero and your settings in the depr. key are not allowing depreciate after useful life

best regards

Bernhard

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Former Member Sep 07, 2017 at 11:45 PM
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Thank you Bernhard. And yes you are correct with point 3 that is what the system is doing. I have to extend the useful life of the asset in order for it to depreciate but I must seek approval from Manager before changing this in the system.

Regards

Crystal

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