[sap-acct] Asset Scrapping Issue-AVABN
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 | Posted by Maverick_shaun (SAP Business Analyst) on Apr 6 at 11:10 PM |
Hi Guys,
I have an issue in asset scrapping thru tcode ABAVN version ECC6.0 in QA
client- when I scrapped the asset system generated the accounting document
with following entries
APC:1,000
Asset is acquired in April,2010,
CR(75 posting key).-APC value account(cost of asset) $1000
DR.(40 posting key)-Loss from scrap asset $1000
We are using half year convention so first year depreciation value is
$50.As per our fixed asset guy who is usin legacy system FAS,( we are in
process of migrating our FA in sap), the entries should be
CR(75 posting key).-APC value account(cost of asset) $1000
DR.(40 posting key)-Loss from scrap asset $950
DR(70 posting key)- Accum Dep a/c $50
But system created only 2 lines.Do I need to do something in config?The
Account determination in AO90 the accounts are being derived correctly. I
only need to know what will happen with depreciaiton.The asset is just
acquired in april,2010. Do I need to do some other entry? I ran depreciation for
period 5,2010 on that asset and system posted depreciation of $6.25 for
period 5, we rae using Fiscal year from Nov-Dec, so april is our period
5.Please suggest.Thanks
Regards
Shaun
__.____._ I have an issue in asset scrapping thru tcode ABAVN version ECC6.0 in QA
client- when I scrapped the asset system generated the accounting document
with following entries
APC:1,000
Asset is acquired in April,2010,
CR(75 posting key).-APC value account(cost of asset) $1000
DR.(40 posting key)-Loss from scrap asset $1000
We are using half year convention so first year depreciation value is
$50.As per our fixed asset guy who is usin legacy system FAS,( we are in
process of migrating our FA in sap), the entries should be
CR(75 posting key).-APC value account(cost of asset) $1000
DR.(40 posting key)-Loss from scrap asset $950
DR(70 posting key)- Accum Dep a/c $50
But system created only 2 lines.Do I need to do something in config?The
Account determination in AO90 the accounts are being derived correctly. I
only need to know what will happen with depreciaiton.The asset is just
acquired in april,2010. Do I need to do some other entry? I ran depreciation for
period 5,2010 on that asset and system posted depreciation of $6.25 for
period 5, we rae using Fiscal year from Nov-Dec, so april is our period
5.Please suggest.Thanks
Regards
Shaun
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