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author's profile photo Former Member
Former Member

Asset acquisition date (How to change?)

Hi all,

As per http://www.jt77.com/financials/finan-15236.html

Asset capitalization date = 1day of depreciation calculation

Asset acquisition date = day of first cost allocation to the asset

Asset value date = date of effect in asset account of a posting

From the above dates, I would like to have a try to give my understanding on them.

Let say I have acquire an asset through a PO -> GR -> IR on 15 Oct 2007.

If I set the Cap Date as on 01 Nov 2007, and Asset Value date as on 01 Dec 2007, does this mean that ...

<u><i>Question 1:</i></u>

<b>My Asset depreciation will starts on Dec, with 2 months depreciation, which is Nov and Dec (because my Asset Cap Date is on 01 Nov 2007)?</b>

<u><i>Question 2:</i></u>

What if I want to <b>change the Asset acquisition date</b> to, say 01 Nov 2007?

I tried AB08 to reverse the asset, and change the GR posting date (through MIGO), and these date affect asset value date only.

I tried also to reverse the IR (using MR8M) and re-post the IR using Miro, with different Invoice and Posting date, these date only affect the FI documents.

I tried AS02, and I can only change Cap date, and NOT the acquisition date.

Please help on this, and clarify the usage / importance of the acquisition date.

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2 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Dec 05, 2007 at 02:21 AM

    As per as03-wrong-first-acquisition-date

    Andreas Mann said that crucial is the "asset value date" (field BZDAT)it should be 31.05.2007, than first acquisition date is not important

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 05, 2007 at 05:42 AM

    This thread should be closed because duplicated post is here:

    Asset acquisition date (How to change?)

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