Manual Asset Revaluation (Australia)

[Former Member]

Hi,

This is the first time I participate in an SAP forum, so I hope I follow the right conventions as new participant...

Regarding SAP Note 873320 on Asset Revaluation solution for Australia, does anyone have recent experience in applying this note?

Specifically - as a state enterprise site (ECC6.0) with only a small number of assets subject to annual FYE Net revaluation (<10) - we do not want to use txn AR29/AR29N/program YAAURV01/YAR1 if not really required; nor do we want to run mass reval; nor use reval measures. We only want to do manual reval of a few land and building assets, possibly using txn ABAWN and/or ABSO.

Nevertheless, we did config the new system as per note 873320 (TTy's Z80 for Land and ZPD/ZPC for Buildings) and now finds error message AA 660 - "Transaction in area & contradicts the net book value rule"...

Would appreciate lessons learnt from similar experience/implementations of latest ECC6 with Australian Asset Revaluation

[john_warby]

Cornelis,

I have just completed YAR1 revaluation for over $1bn worth of assets.  There are a couple of learnings that we have.   Many things depend on the revaluation option and method you choose.

We used FYS and MID for our first revaluation and are intending to use FYE as the ongoing option each year.  We also chose to use the Net method for assets that depreciate.

If you give me some details about what you intend, I can give you some things to look out for.

[Former Member]

Hello John;

Just, I need to apply Asset Revaluation I wonder if you can share your learnings about this process, the tasks required to complete the correct configuration,  in our case We have a lot number of assets subject to annual FYE Net revaluation and if it is possible to do  through legacy update new values of AF.

Thanks in advance,

Kindest regards,

[john_warby]

Beatriz,

Do you have the SAP document from OSS Note 873320?  It gives you complete instructions regarding the configuration setup.  You are looking for the April 2014 version which includes a correction to the error that I reported in the February 2014 version.

For FYE Net revaluation the process you will need to follow is this;

1. Make sure all assets are set up correctly in the master data including the relevant depreciation areas.   It is important to check that Useful Life > Expired Life.  That is there is remaining life on the assets.  Increase the Useful Life if you need to.

2.  Do you use daily or period depreciation?   If you use daily depreciation then there are code changes required which are on page 50 of the previously mentioned document.   However, we have found that the LAFARF00 update needs to be expanded from just "Z1" to include "Z0", "Z1", "Z3", "Z5" and "Z9".

3. Complete all asset transactions including acquisitions, retirements and transfers.

4. Complete a full planned depreciation run using AFAB.

5. Seperate the assets to be revalued into at least two groups.  Group 1 are the assets where accumulated depreciation <> zero.  These you revalue using the FYE Net method.  Group 2 are the assets where the accumulated depreciation = 0.   These may not just be your land assets.  You will need to revalue those using the Zero Depreciation method.

6. Revalue the assets.  You will find that the SM35 job will fail for assets that have prior year values due to the BDC session wanting to update a field that is not available in the relevant screen.  Just rerun these using error processing in SM35 and they will update normally.

7. Run a repeat depreciation run using AFAB.   The Zero depreciation assets will not post the revaluation until a depreciation run is done.

8. Check the Asset History Sheet (version ZAUS).   Your "Accumulated Depreciation" column should be zero.

[Former Member]

John;

Thanks a lot for your prompt answer, yes, I just have OSS Note 873320 and your suggestions I hope fulfill this task on time.

Thanks!

[john_warby]

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