on 05-08-2013 3:24 PM
Hi...........experts,
i have one doubt regarding Asset accounting:
Question: Generally we are doing asset accounting with local currencies in previous company code with using book depreciation.
Now new client want to implementing two currencies. so, how we will do configuration in asset accounting and how to prepare reports in two local currencies?
thanks in advance
regards:
Maniankarao
Hi,
What do you mean by 2 currencies?
If you say one is Local and other one is a parallel, then you can configure a depreciation area for parallel currency and assign it to currency filed in OAYH.
Let us know your requirement clearly.
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Hi..............Narasimhulu, thanks for answering and your assumption also correct.
in my company Two currencies are implementing and you said
1.Depreciation area Parrallel currency means Non-leading ledger configuration or any other configuration
can you please elaborate.............Thanks in Advance,
Regards:
Anil
Dear Rao,
Depreciation areas can be managed in any currency in the FI-AA module. The values from these areas can then be used for group consolidation, or for other analyses.
In this step, you define depreciation areas that manage asset values in a foreign currency, per company code. For acquisitions, the translation into the foreign currency takes place at the exchange rate current on the posting date (for more information, see the Implementation Guide: Global Settings). The daily exchange rate is maintained in the productive system in the FI module (general ledger) under (Current settings). Depreciation and proportional value adjustments for asset retirements are calculated directly in the foreign currency.
Example
For example, it may be necessary to manage depreciation areas in the currency of the corporate group for legal consolidation. It is also advisable to set up separate depreciation areas in the group currency for the historical management of values. This is particularly recommended when the valuation of assets at the group level is different from the local valuation.
Note
The component FI-LC (Legal Consolidation) provides special functions for group consolidation. In addition to the decentralized historical translation of currency described here, this component offers many other options for conversion. For more information, see "Preparations for Consolidation" in the SAP library.
Requirements
You must have carried out the step Create chart of depreciation.
Standard settings
In the country-specific reference chart of depreciation, SAP supplies depreciation areas for legal consolidation in a foreign currency.
Activities
Read above SAP help ,it clarifies your quires. It is not non leading ledger.
Regards
Mani Kumar
Hi Manikantha,
Please refer the following document: http://scn.sap.com/docs/DOC-27100
Regards,
Umamageshwaran.S
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