Define depreciation areas with different fiscal yr variant under 1 cod.

[Former Member]

Hi FICO Gurus,

I am a new student in FICO, here i have a question as following, ask for help,

Does anyone know how to define depreciation areas with different fiscal year variant under one chart of depreciation?

Such as:

Book Keeping Fiscal Year Variant 1: Jun-15-2007 to Jun-14-2008, Non-Calendar Month

Tax Calculation Fiscal Year Variant 2: Jul-01-2007 to Jun-30-2008, Calendar Month

So far as I know, SAP provides Specify Different Fiscal Year Variants on Depreciation Area. But it requires the same starting date and ending date for fiscal year variants.

Right now, the scenario here is different book fiscal year variant and tax depreciation fiscal year variant with different time span.

Does Anyone know feasible and tested solutions?

Any responses will be awarded.

Thanks a lot!

Samson

[Former Member · Accepted solution]

I believe - and this is only my belief - (haven't tried it before) - you can define Depreciation Areas like you wanted.

Broadly, the steps to do this would be:

Create a Chart of Depreciation and create two Depreciation Areas within this for your Company.

The chart of Depreciation will be assigned to the company code level, so you are okay there.

Now create a FYV corresponding to the June 15 - June 14 depreciation year and assign these to the Company Code using the menu path:

Asset Accounting --> Valuation --> Fiscal Year --> Fiscal Year Variants --> Specify other versions on Depreciation Area Level.

Here, pick your company code and you should see both the areas assigned to it. Assign the FYV as required and then check to see if it works.

Like I mentioned before, this is only a random thought. Haven't tried this before.

Cheers.

[Former Member]

can someone give me response.

even tell me if it possible to do that?

regards,

samson