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Author's profile photo Nathan Genez

New Ways to Depreciate Fixed Assets in ERP 6.0 (Part 2)

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      Author's profile photo Former Member
      Former Member
      This is a very good explanation.
      Author's profile photo Nathan Genez
      Nathan Genez
      Blog Post Author
      Thanks.  I appreciate the comment.  Part 3 is already out and I'm working on a final entry for this topic.

      -nathan

      Author's profile photo Former Member
      Former Member
      Dear Nathan,
      If the transaction happens in different fiscal year, would SAP calculates the same? Example Asset was acquired on 01.10.2008 = USD100,000. Fiscal year = 31.12.2008. Asset was disposed on 01.04.2009 = USD40,000.

      Thanks

      Regards
      Fauzi

      Author's profile photo Nathan Genez
      Nathan Genez
      Blog Post Author
      No it would not calculate the same.  The date of the posting is very important in determining how much depreciation is associated for that interval.  Also keep in mind that the fiscal year is part of the interval 'key'.
      Author's profile photo Former Member
      Former Member
      This is nice and useful topic who wants to activate EA-FIN for FI-AA. I saw the example regarding the useful life change from 5 to 10 years and depreciation calculated for $ 750.00 (90000 / 10 /12) Is system calculate correct value? It is not suppose to calculate for 90000-15000 ( net book value) / 111 (remaining life 120-9).

      Really appreciate on your answer.

      Thanks

      Author's profile photo Nathan Genez
      Nathan Genez
      Blog Post Author
      Nope.  The base value of the key (see the assumptions section in the middle) is 01 APC, not 24 NBV.  So the base value is 90k for that time interval and not 75k (90-15k).
      Author's profile photo Former Member
      Former Member
      Thank you very much for reply. I got it...
      Author's profile photo Bijay Deo
      Bijay Deo

      Hi Nathan,

      In our case currently the Period Factor for 1 month out of 12 months is saved as 0.08300 (i.e.1/12). Since the value of assets are very high, we want nearest approximation so as to get the nearest value of depreciation. For example, in this case ronding like 0.0833333 instead of 0.08300.

      Similar rounding extension is also required for Percentage.

      How can this be achived? Please help.

      Thanks,

      Bijay

      Author's profile photo Nathan Genez
      Nathan Genez
      Blog Post Author

      You should post this question in the forums.

      Author's profile photo Bijay Deo
      Bijay Deo

      Below thread created:

      http://scn.sap.com/thread/3477987

      Please help if possible...

      Regards,

      Bijay

      Author's profile photo Lakshmi Sama
      Lakshmi Sama

      Hello Nathan,

      Good one and it would be great to see more contributions from your end.

      Thanks & Regards,

      Lakshmi S

      Author's profile photo Former Member
      Former Member

      Very helpful content to every who embark on ERP 6

      Author's profile photo Former Member
      Former Member

      Excellent Job Nathan, Very Helpful and Informative. Will Look for your Next Post on this. 

      Author's profile photo Srikanth Dasari
      Srikanth Dasari

      Dear Nathan ,

       

      Request your kind help on the below issue we are facing ..

       

      We are having an old asset , which had only one depreciation area IFRS . However , later all the new assets have 3 depreciation areas including GAAP and TAX ledgers . We did the transfer from the old asset to the new asset using ABUMN , where by all the values of the IFRS depreciation area got copied to the IFRS depreciation area in the new asset . When this transfer was done , there is also a value adjustment posted to the new asset ( This is the total value of the depreciation that was posted on the old asset so far ) .

      As the Business wanted to have all the 3 depreciation areas in the new asset to have same APC values and depreciation , we did transfer the APC postings to the GAAP and TAX ledgers only , using transaction ABZON ( This APC value is the same as that of IFRS depreciation area ) . However , there is no value adjustment that can be posted to these two depreciation areas . In order to post this value adjustment ( which was only posted to the IFRS depreciation area ) in the new Asset , Business posted an unplanned depreciation amount only to the LOCAL and TAX ledgers so that the APC values and depreciation remain equal in all the three areas .

      However , now the depreciation amounts calculated in IFRS and LOCAL,TAX ledgers are different . For the LOCAL and TAX ledgers, the system is calculating the depreciation based only on the APC value , whereas for the IFRS depreciation area , the depreciation is calculated based on the ( APC value - Value Adjustment ) even though we are using the same depreciation key in all the 3 areas ( which is straight line depreciation ) .

      We are using new asset accounting .

       

       

      Thanks ,

      Srikanth