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Question from p629187 on Nov 9 at 12:50 AM Hi Gurus
I am using ABT1N T Code for Inter Company Asset Transfers. In the sending entity IC Transfer posts a retirement entry and acquisition entry in the receiving entity.
We are using Trans Type 15A for posting the acquisition entry in the receiving entity where the asset being transferred belongs to prior year acquisition in the sending entity
Whereas Trans Type 15B is used for posting the acqusition entry in the receiving entity in the case where the asset transferred was acquired in the current year in the sending entity.
Our idea is to keep the per month depreciation amount in the sending asset before ABT1N transfer and the receiving asset after ABT1N same. This is working well in the cases where prior year acqusition assets are used for IC Transfer but for the current year acquired assets when transferred to receiving entity, the per month depreciation amount before the transfer and after the transfer are not same.
Also, the system is not considering the life expired by the asset in the sending entity for the current year acqusition assets.
Example :
An Asset 123 is acquired in the current year in Co. Code A and the useful life is 3 years (36 months). Acqusition Value is INR 36000 and hence the per month depreciation is INR 1000 (INR 36000/36 Months). After 3 months, this Asset's net book value is 33,000 *36000-3000) and this is transferred to the Asset Master 456 in other Co. Code B.
After this transfer though the NBV of 33,000 is transferred to Asset 456 in Co code B, the useful life is again getting considered as 36 months and not 33 months. In other words, expired life of 3 months of asset 123 is being ignored by the system. Due to this, the per month depreciation in Asset 456 is not INR 1000 but little lower (33000/36 Months). Ideally it should be 33,000/33 Months.
Please help me where to configure to correct the above problem. Note that Trans Type 15B is used to post the acqusition in Co .Code B for Asset Number 456.
Your quick replies would help me a lot. Thanks for the help.
Gemini
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