on 08-31-2010 9:41 AM
Dear All,
Need tips on Asset retirement.
Scenario is... there are 2 depre area. Book Depe and Tax depre.
An asset is retired and bal is zero and retirement entry posted last year. The depre is still calculated and asset shows value.
For this, tried ASKB. But it gives error tht Document Type not defined.
In customising, we already have defined doc types for asset.
Can anybody help on this? And let me know the steps?
Thanks and regards,
sdn
Scenario is... there are 2 depre area. Book Depe and Tax depre.
An asset is retired and bal is zero and retirement entry posted last year. The depre is still calculated and asset shows value.
See you in the asset if that it is retired. In the tab general there is a field Deactivation date is this filled in?
Is the depreciation still calculated for both area's? (it is possible to deactivate only 1 area and the other one is still going on!!!)
In AFAMA when you go to the depreciation key and click on period controle rule what you see then?
Like retirement 02 Pro rata upto mid-period at period start date????
Go then to TC OAVH when the fiscal year is the same as the calander year you can use normal the standard setting. Look if this table is correct
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Hi Paul,
The scenario tht you mentioned is exactly what I was refering to...
To answer to your Qs,
1. See you in the asset if that it is retired. In the tab general there is a field Deactivation date is this filled in?
A. Yes the asset is retired but the deactivation date is not filled in.
Even if I fill in, will it stop posting depre to that asset? And if it stops, what about already calculated depre? And as I mentioned in my earlier mail, asset is retired in the previous period which is closed now... so what should be the deactivation date? retirement date or current date?
2.Is the depreciation still calculated for both area's? (it is possible to deactivate only 1 area and the other one is still going on!!!)
A. No. Depre is calculated only for tax depre area and not for book depre.
3. In AFAMA when you go to the depreciation key and click on period controle rule what you see then?
Like retirement 02 Pro rata upto mid-period at period start date????
A. AFAMA, the period control rule shows NL and not 02 Pro rata upto mid-period at period start date. Do you want me to set it at 02? And that will solve the issue?
Thanks,
sdn.
Hi,
In AFAMA: choose your depreciation key and then double click on 'Assignment of Calculation Methods"
on the left hand side.
Then you see:
Base method -> click into this field: see section: Treatment of end of depreciation -> field XENDAU
Decl.-bal. method
Prd cont
Multilev.meth.Base method
However, like I mention in my last reply, you cannot make changes directly for this field in AFAMA. For this you'd have to go to the customizing of 'Base method'.
But also, see if the actual 'depreciation that is continuing' and that you refer to in your retirement, may just be a value adjustment for the depreciation and may has nothing to do with the indicator XENDAU.
Hope this helps further.
Brigitte
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Hi,
This indicator is in AFAMA in the depreciation key that you are using. It is a setting in the Base Method.
Customizing for Base Method in SPRO:
Asset Accounting - Depreciation - Valuation Methods - Calculation Methods - Define Base Methods
Regards,
Brigitte
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Spro
Financial Accounting / Asset Accounting / Integration with the General Ledger / Post APC Values Periodically to the General Ledger / Specify Document Type for Periodic Posting of Asset Values
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Thanks Paul for your response.
But when I go by your path and give doc type as AF, it shows error Enter different document (see long text).
and if I go for any other type like AA or AB, error pops up Create document number range 01 with external number assignment.
Now for this, if I go to FBN1, it does not allow to mark the check box.
What can be done.. any suggestion?
By the way, after ASKB, the problem that asset even after entire retirement, calculates the depre will be taken care of right? Meaning, depreciation will not be calculated any further right?
Thanks and regards,
sdn
For periodical postings
Standard AA is used standard it is an internal number range
For depreciation AF is used standard it is an internal number range. (up to version 4.6 it is an external number range)
ASKB is only for posting other depreciations areas periodical when they are set-up for yournals. Only for the balanse posting from aquasitions and retirement. perhaps you even don't need ASKB
The depreciation run is posting for all areas, no need for ASKB!!
Hi,
Does the depreciation key have the indicator on 'After useful life' -> yes?
If that is the case, then although the asset is retired and at the end of its useful life it will continue calculating depreciation.
Also, take into account, after a retirement, there could be an adjustment posting (for already posted depreciation) outstanding.
Kind regards,
Brigitte
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