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author's profile photo Former Member
Former Member

Legacy asset depreciation

Hi,

Refered many threads and I am unable to come to a conclusion. So guide me in the following issue.

Legacy asset transfer during mid year .

Want to do Mid year asset transfer from legacy

Following MAy-april Fiscal year.

Asset Capitalizatio date jan-1-2009 ( period 9/2009) 4 months in last year dep for accumilated

In SPRO

Specify Transfer Date/Last Closed Fiscal Year: Entered 1st period last day (31/5/09)

Specify Last Period Posted in Prv.System (Transf.During FY) : 01 and Fiscal Year

Used AS91 for asset loading. Entered Acquired value and accum depreciation.Also Entered period 1 depreciation of current year under current depreciation amount in AS91 screen .Saved the asset

Under Asset explorer the Planned depreciation starts from period 2 correctly as per configuration. But in Period 2 itself it shows the total depreciation amount of period 1 and 2 are displayed. I expect that the depreciation start from period 2 and only one periods depreciation amount ( 2nd period ) to be shown, Is it possible ? Why period 1 +2 are added and shown under planned depreciation .

My requirement is :

want to show the depreciation only from Period 2 and without the depreciation for period 1 already calculated by legacy ? Or am I looking at it wrongly?

Do I have to enter current year depreciation in AS91 screeen or not?

or Do I have to use TRansaction Tab for the same . Whta for the Transaction Tab?

As the depreciation for period 1 has alredy charged in Legacy system why SAP system calculates Period 1 depreciation.Will it not be duplicate ?

Regards,

Chitra

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  • Best Answer
    author's profile photo Former Member
    Former Member
    Posted on Jul 21, 2009 at 07:59 AM

    Hi Chitra,

    Legacy asset migration can be done during the current FY also, as you are very much aware of the same.

    Please make sure the following config is done or not........

    According to your inputs in the question your legacy asset transfer date should be 31.05.2009 and last posted depreciation period will be 01-2010. (based on the may-apr FY, may 2009 will be treated as 01-2010)

    So coming to the AS91 trasnaction, you asset's cap date should be before the transfer date. (<31.05.2009)

    In this case you have to enter the APC value and Accum Dep values for your asset in each area in the takeover values tab.

    Both the above values should be upto 30.04.2009 only. (as on last day of prv FY)

    And enter value for field Ord dep posted( Ex: 5.00), this represents the depreciation was posted in legacy system in the curr FY for May2009(01-2010)

    Lets say you have given 100.00 as APC value and 15.00 as accum dep, so your net book value 85.00 will be treated as opening values for the curr FY.

    If you see the asset explorer, 100.00 and 15.00 will be shown as values at FY start. and 5.00 will be shown in posted values tab as legacy data transfer in the planned dep values section of asset explorer.

    So while creating the asset master with AS91, whatever you have entered in takeover values tab will be treated as opening values for the curr FY.

    So for this legacy asset, lets assume, you might have done some additions in the curr FY, These transactions can only be entered in tab called transactions during AS91.

    Ex: enter asset value date (<31.05.2009) and enter transaction type as 100 and enter value 40 in the book area and save it.

    Now go to AW01N, and check the asset values for the FY 2010.

    You will find 85.00 as opening values (FY start) and 40.00 in the change during FY.

    *Note: The main significance of transactions tab is to enter asset additions transaction for a legacy asset within the curr FY by using the asset value date. This date must be earlier than your transfer date)

    Hope this will help you a lot in understanding the AS91.

    Kindly test the same scenario in your system and feel the significance.

    Thanks,

    Srinu

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  • author's profile photo Former Member
    Former Member
    Posted on Jul 18, 2009 at 09:33 AM

    Legacy asset data will be transferred to system with cut of date as end of previous year or cut of date in current fiscal year. Asset values (both acquisitin value and accumulated depreciation )in legacy system are calculated upto cutoff date and are uploaded to SAP system using AS91 transaction.

    If cut of date is current fiscal year, we can upload asset data of asset acquired in previous as well as new assets acquired in current year and other asset transactions posted in current year..

    For recording current year transactions you need to upload date of Asset value date, Transaction type and asset values in Transactions screen of Takeover values.

    If you are uploading legacy asset in Current year, you can enter depreciation posted upto cutoff period from beginning of the first of period current year.

    The configuration required for legacy asset transfer in current year is:

    Legacy Asset data transfer date should be in Current Fiscal year

    Setting for Maintain Depreciation Posted upto Year and Period for the Company Code

    Depreciation Posted Value entered in Takeover Value screen will appear as Legacy Asset Transfer in Posted Depreciation screen of Asset Explorer. Because of this system will calculate depreciation for remaining period of fiscal year.

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    • Former Member

      Thanks Ramesh. You are corret and the depreciated amount is shown as Leacy transfer.THat will be better to acertain the asset transfer period easily.

      We intend to upload the depreiation also for the urrent fiscal year and upto the period as Leay transfer.

      It needs explanation when and how to use the trasction tab in AS91. Is it for new asset acquired and the assets retired durin the fiscal year ( upto the period of transfer)

      WHat is the advantae of the transaction over the leacy load of the assets till the transfer date.

      Thanks,

      Chitra.

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