New Depreciation Area

[Former Member]

Hi Sappers!

I need to create a new depreciation area for "Stepped Up" value of asset. Stepped Up value refers to an increased value (due to revaluation of asset) as compared to book values. We are still on legacy system.

Here is some info:

On June 19th an outside consulting group placed a new value on each asset and a remaining useful life. At that point our company created the new stepped up record in Asset Manager (a software that manages asset accounting transactions) listing the new values, setting the accumulated depreciation to zero, and entering the new useful life for calculating depreciation. In the general ledger our company adjusted the fixed asset accounts to reflect the new (increased) values and recorded a journal entry to eliminate the accumulated depreciation.

Any pointers on how we can accomplish this Asset Accounting.

Thanks for your time!

Vj

[MarkusBredel]

Hi,

as of R/3 Enterprise (Enterprise Extension 2.00) you can use transaction AR29N (report RAAUFW02), with which you can handle this functionality as you described it. New valuation with depreciation write-back.

Regards,

Markus

[Former Member]

Thanks Markus & Paul!

I'll try out your suggestions.

Appreciate your time!

Vj

[Former Member]

Hi Markus,

This look good. Next year I heave to this action for 6.000,-- assets. When I have a sandbox in ECC6 I will play with it. I see in the help that you have to do some customizing for it

Thanks,

Paul

[MarkusBredel]

Hi Paul,

depends on which function you go for. If you do the "new valuation", then you have to create one new transaction type (ttype group 89), that is essential. And then you can create a data file which you can use to upload the assets affected.

Regards,

Markus

[Former Member]

Hi Markus,

We need to process revalution for impaired assets which is approximately 6,500 assets in the next 2 weeks. If we have to process manually, this will take approx 195 hours to complete. The function AR29N allows us to reference a spreadsheet to process mass revaluations and would significantly reduce processing time. I dont think, my company wants to create new dep. area.

Is their any blog explaining the process?. I am new to this process, Please can you explain me.

I really appreciate your help on this.

Thank you,

Mark

[MarkusBredel]

Hi,

you can find information in the SAP Help Portal at[http://help.sap.com/erp2005_ehp_04/helpdata/EN/54/ed813ee3d32b44e10000000a114084/content.htm|http://help.sap.com/erp2005_ehp_04/helpdata/EN/54/ed813ee3d32b44e10000000a114084/content.htm].

Regards,

Markus

[Former Member]

Hi Markus,

Thanks for your help. I have done necessary configuration in IMG.

But when I run revluation for single asset. it give error "Their are no areas to post in company code XXXX".

I havnt specified clearing GL account, but I am running this in test mode.

Thanks,

Mark

[Former Member]

Mark,

Look if a depreciation area is activated for this

[Former Member]

Hi Paul,

Yes Revaluation and revaluation ord. dep. both are active with all values allowed.

Mark

[Former Member]

Hi Paul,

Do we need to create saperate dep area for revaluation?

I have defined relvauation measure: I have put book 01 for both (Base & Revaluation) area.

I have created transaction type Z80 using trans. typegroup 89.

Created GL (Balance sheet a/c).

Totally confused. Hope someone can help me.

Mark

[Former Member]

Hi,

You can create a new depreciation area.

With the transaction AFBN - New Depreciation Area you can activate them in the existing araes, there are some copy rules in this program.

Changes you can make with AS02. When the values are different you have to make a new transaction type that only post in you new area.

Seach in this forum with AFBN and you will found more information