depreciation key setting

[Former Member]

I'm using standard depreciation key LINA for one asset, the period control is 008, for retrement, it is 02, what does it mean? if I retire asset in Dec, when run afab in dec, does it still show the planned depreciation for that asset

[former_member188028]

hi,

use same dep. key, but while retiring the asset, just give asset value date as 30.11.2012.

so ,system calculates dep. till nov-2012 and remaining amount goes to scrapping loss/profit a/c.

just try this in your test system first.

[Former Member]

No, we don't modify asset value day, in any day of Dec, we can retire asset, not before 14,

we don't want to change and cheat the system.

why we need oavh, why can't use 01? if use oavh, can you list entry in OAVH from Dec to March?

[Former Member]

Hi

Period control 02 for retirement means when you retire an asset on before mid period it wont calculate depreciation for that period, if it retire after mid period it calculate depreciation for that entire period.

Ex: if you retire an asset on 15th December of that month or before that month, it wont consider(calculate) the depreciation for December in retirement process. If the asset is retire on 16th or after 16th of December then it calculate the depreciation for December in retirement process.

When you run depreciation in December for retirement asset it wont show as planned depreciation, it will be shown as posted and updated in your accounts. If you dont run depreciation in december it shows as planned depreciation.

If you have still any doubts you can ask me.

Srinivas.A

[Former Member]

My requirement is if asset retired at Dec, depreciation only allow to calculate till Nov. in this case, which value I should set for period control?

also I acquire a asset using period control 02, now  if I change depreciation key setting to allow depreciate till Nov, does system calculate depreciation  till Nov if I retire asset at Dec?

I should use ABAVN to retire or ABAON ( NBV form book depreciation)? it looks like accounting entry is same.

[Former Member]

Hi

You have to design your own period control method for your requirement. Go to T.Code OAVH and define your own period control.

ABAVN is used for asset retirement by scrapping. All the net book value will be booked as asset write-off (Loss)

ABAON is used if you sale asset to any customer.

The accounting is not same in the both cases. Because in ABAVN case, all net book value as booked as write of value. In ABAON case the amount of loss or profit is based on sale of asset value.

Srinivas.A

[Former Member]

No, I'm talking abount period control method in AFAMA, standard is 008, , Reire: using 02, acquistion using 01

My requirement is if asset retired at Dec, depreciation only allow to calculate till Nov. in this case, should i choose 01 or 10 for Reire column?

in ABAON, you can transfer at NBV, no revenue, I'm asking difference between abaon and abavn if abaon sells at NBV w/o customer

[ramapuram_prasad]

Hi Agus

just follow the two things

1) assign 02 for retirement column at AFAMP,

2) while posting at ABAVN give posting date before mid month i.e., 1-14 it will calculate the depreciation up to  previous period only even if u run December

3) other wise u want run at any time in the month u can configure ur own requirement at OAVH

Thanks

Ram