How to amortize prepaid expenses

[Former Member]

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

[João_FI_FIN-CS]

Hi,

Check the ACACPSITEMS tcode.

JPA

[Former Member]

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

[Former Member]

It is FBS1

[Former Member]

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

[Former Member]

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