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How to amortize prepaid expenses

Is there a functionality in SAP wherein a certain prepaid expenses were incurred but subject to amortization for a certain no of periods. In this case, system will amortise automatically the actual expenses allocated to each periods.

Thanks

Robert

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4 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Oct 17, 2007 at 10:17 AM

    I think you can do this with creating accrual object......

    SAP easy Access -> Accounting -> financial accounting -> General Ledger -> Periodic Processing -> Manual accuruals -> create accrual objects

    Give company code, accrual object, start of life and end life

    Then click on create button on item data tab

    Give accurual type, accounting principle, amount, currency and accrual method.

    You have to create one for costs and another for revenues

    Then click on simulate button application bar and run

    Then come to same screen, item data tab... click on one of the accrual object and then click on transfer accural item tab just above the line items

    Then click on calculated accruals tab.. there you can see the planned accruals

    Then click on posted accruals tab -- tehre you can see the posted accruals.

    Then save. The created items is displayed in the navigation tree on the left

    Everymonth run the T CODE FBS1

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  • author's profile photo Former Member
    Former Member
    Posted on Oct 17, 2007 at 11:24 AM

    Hi Radha. Thanks for the reply.

    Could you tell me what is the transaction code in creating accrual object? since i cannot follow the path which you have provided.

    Thanks

    Robert

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  • author's profile photo Former Member
    Former Member
    Posted on Oct 19, 2007 at 04:29 AM

    Hi! can anyone provide transaction code for this please. Thanks

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  • Posted on Jan 06, 2015 at 12:13 AM

    Hi,

    Check the ACACPSITEMS tcode.

    JPA

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