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Author's profile photo Nathan Genez

New Parallel Valuation Solution for Asset Accounting

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      Author's profile photo Sridhar Bolisetti
      Sridhar Bolisetti

      Hi Nathan,

      Another nice blog which I have been waiting for long to see from you.

      I agree with you that it is always better to implement a newer solution from SAP rather than choosing the classic one and then going for another mini project to upgrade unless there is a strong viable business reason for doing so.  Same like whether classic GL or New GL.

      After the emergence of enhancements concept, more and more new business functions are made available my SAP to satisfy different business requirements.  These need to be activated on need basis.  It seems FIN_AA_PARALLEL_VAL is another such great piece of solution from SAP which need to be read up completely so that it can be suggested to the clients properly.

      Thanks for heads up on this and I will go through this business function and expect another great blog on this in detail.

      Regards,

      Sridhar

      Author's profile photo hin fico
      hin fico

      Hi Nathan,or any other experts,

      Need one clarification on using different fiscal year variants for Leading(0L)&non Leading(NL) Ledgers and impact on Fixed Asset Accounting.If I use say V6(Jan2013-Dec2013) for Leading Ledger and April2013-March2014 for non leading Ledger,(local GAAP)-please clarify the following.

      1.Does Asset Accounting gives all standard reports as expected in both(Leading&Locals) the Depreciation areas?Do we need to any settings specially for in the above scenario?(I am assuming point#4 given below may not help for this as system gives an error if both the fiscal year variants have different start&end dates)

      2.How is Year end in Asset Accounting handled?If I close the year end in Asset Accounting for Company Code as per Leading Ledger i.e say by Dec 2013,can I still post the asset entries in non leading ledger?Because Financial year for Leading ledger will be 2014 and non leading will be still 2013(in Jan2014).

      3.I am aware SAP has some restrictions way back in 2005-2007 (SAP note 844029) for different fiscal year variants in Leading&Non Leading Ledgers,Does SAP come out with any solution later?

      4.What is the exact use of the settings at  Asset Accounting>>Valuation>>>Fiscal year>>Fiscal year variants  at company code level or Depreciation area level?My understanding here is,they are not meant for using different fiscal year variant with different start&end dates but they are meant for using different fiscal year variant with same START&END DATES  and have different number of posting periods i.e 1 can have 12 and other can have 13.

      Please can you give your comments?

      regards

      hinfi

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

      You should post this to the forums.

      Author's profile photo Former Member
      Former Member

      Hello Nathan

      Really appreciate your help in posting blogs which are really helpful to SAP users community.

      Author's profile photo Former Member
      Former Member

      thank you for information

      Author's profile photo Varun Panicker
      Varun Panicker

      Thanks Nathan for this info, just one question, does parallel valuation refer the ASKB transaction? Or does it have any equivalent in New GL? I happen to work on Classical GL.

      Regards,

      Varun