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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.

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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2 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Dec 05, 2007 at 05:28 AM

    Capitalization Date= Date on which the asset will be capitalized

    Acqusition Date= Date on which first transaction is done on the asset after creation. It cannot be changed once a value is posted to the asset

    Asset Value Date is important to determine the Depreciation

    Asset value Date determines the postings to the asset. You can set the configuration for default asset value date. It is the date with which user wants to post to the asset, i.e it can be Document Date, Posting Date, Capitalization Date, Goods Receipt date. Check the list in

    <b>Asset Accounting> Transactions> Specify How Default Asset Value Date is Determined</b>

    Ordinary Depreciation Start Date Date on which the system starts calculates and posts depreciation

    Ordinary Depreciation Start Date can be determined by the system through Priod controls defined or entered manually by the user. If entered manually it surpass the system calculated date.

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 05, 2007 at 05:54 AM

    Hi Vijay,

    Thanks for your prompt reply, I checked the SPRO, there are some Acquisition Transactions, like:

    Acquisition

    Acquisition from goods receipt

    Acquisition from settlement

    Which one should be my case acquisition date?

    Thanks in advance.

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