Asset reversal prior year in SAP. Could you please let me
the process to reverse a prior year of an asset with
depreciation and the risk that it might involved?
Answers were Sorted based on User's Feedback
Answer / email@example.com
You can reverse the Asset in T.C: ABO8
If you reverse the asset, the depreciation also
automatically reverse. You can see the report in T.C: AW01N
Then please post asset in T.C: ABSO by creating the
Customized transaction type.
Once you create the asset, then please run the depreciation
as Unplanned for previous periods.
I hope you will understand the above process. If not?
please reach me at firstname.lastname@example.org
|Is This Answer Correct ?||8 Yes||0 No|
Answer / dheeraj sachdev
If the previous year is closed (AJAB), then you cannot reverse.
Else AB08 will do the necessary.
Asset Value Date and Posting dates need to be carefully selected. If the posting date is in the current year, the Asset Reports will not tie with GL.
If Asset Account is not closed (but the financial year has been reported on, then this is clearly a high risk scenario because SAP and published report will not tally.
|Is This Answer Correct ?||3 Yes||1 No|
what is controlling area, cost center, cost element,internal order & profit center?what does it control?what is relationship between each other?
line items r showing in open items(t.code fbl1n), while clearing the accounts in f-28, those docuemtns which r showing in the t.cdefbl1n is not picking. Waitng for u r replies Thanks in Advance
how to configure app for foreign vendor payment in foreign currency
What is Noted item?.... what is the difference between Noted item and Special GL transaction?
when you r uploading vendor data open items the with holding tax of concern transaction are also updating automatically, it is duplicating because the WHT LINE ITEMS ARE already uploaded. how do you customize or rectify it?
What z the t code for up loading of customers and vendors, a/s balance in lsmw?
what is activity type?
What is an exchange rate type? List some of them?
What do you enter in Company code Global settings?
Name the standard stages of the sap payment run?
What are the precautions to be taken while maintaining the 3keh table for profit center accounting?
Condition Type s in OBYC?