Period controls in Asset accounting

[Former Member]

Hi,

I created one Asset maseter for Computers. I have acquired computers on 01.09.2007 for some value.The capitalization date and the Depreciation start date was 01.09.2007. So the Depreciation will be calculated from 1st Sep 2007.

Suppose if the company acquires some more computers on 10 thDec 2007, the Depreciation

should be calculated on the later computers from 10th Dec,2007 as per the Indian Companies Act. But the planned depreciation is showing from 01.09.2007 on computers purchased on 10th Dec also.

I have tried to give different period controls for the addtions. But the deprciation is showing the same.

How the depreciation will be calculated on ADDITIONS from the date of acquisitions?

Kindly suggest me.

Thanks in advance

siva

[Former Member · Accepted solution]

Hi Siva,

It happens because :

the 'Calculate according to asset value date' indicator can no longer be maintained in Customizing.

Solution

1. If you want the depreciation for each acquisition to be calculated according to the asset value date of the acquisition, you have to assign these acquisitions to different fixed asset sub-numbers.

2. Alternatively, you can establish group assets according to the respective acquisition periods. However, why you would use group assets at all if you want a period-specific exact depreciation calculation remains questionable.

I usually use solution no.1 to solve this issue.

In your case, if you want the subsequent acquisition is depreciated by Dec 10,2007 then try to post the subsequent acquisition in different Asset Sub number.

I hope these SAP notes will help :

Note 92925 - 'Calculate acc. to asset val. date' ind cannot be maintained

Note 53166 - Depr acc to asset value date indicator cannot be maintained

Note 165036 - 'Period Controls of subsequent period'

[Former Member · Accepted solution]

Hi,

Thanks for your reply.

Basically the Group assets concept is using for the purpose of Block of assets for Indian Income tax act.

As per your advise creating sub asset for each acquisition can be done but this concept not accepted by some people here. Because the concept of sub asset is for sub asset which included in the main asset.

Alternatively they are asking creating more Main asset masters for each asset. i.e if the company is having some 200 computers we have to create 200 asset masters. Is it the correct way?

Or is it the right way of changing the asset value date in the asset master in each acquistion?

Thanks & Regards

siva

[Former Member · Accepted solution]

Hi Siva,

Alternatively they are asking creating more Main asset masters for each asset. i.e if the company is having some 200 computers we have to create 200 asset masters. Is it the correct way?

If the computers have different aquisition date (which means the depreciation date also will be different in your case), then I think that "creating 200 asset masters" is okay. Some people in here also do the same way.

Or is it the right way of changing the asset value date in the asset master in each acquistion?

I hope I understand this question clearly.

I assume "what you mean with asset value date" is "the ord depreciation start date" in the asset master.

We do not need to change the depreciation start date in asset master for each acquisition. When we create asset master using AS01 (and fill the "Number of similiar asset"=200 => this will create 200 asset master automatically), the "Ord Depreciation date" in asset master (Tab depreciation area) will be empty/blank.

The "Ord Depr Date" will be fill automatically when you do the acquisition for each asset master . The period control for acquisition will determine the "Ord Depr Date".

Hope it helps.

[Former Member]

Hi,

1) Check whether a screen layout rule is existing for Depreciation on Asset sub no. level.If no, then create the same.

TCode : AO21

2) Go to TCode : OAYZ

Copy one reference Dep area and provide the appropriate Dep key and the new Screen Layout rule.

Hope this answers ur question to some extent.

Please reward points if u find this to be useful.

Thanks,

Prithwiraj.