Dear Nitin
I do not understand your requirement clearly.
You said " *How i can get Balance sheet account in sending company instead
of P&L account. ?*"
What Balance sheet account do you expect to be affected ?
An asset is credited because it no longer belongs to the sending company
code. This is correct. Crediting the Asset is correct and it is a balance
sheet account
The same asset is debited in the receiving company code in the Balance
Sheet. That is also correct.
In the process of an asset transfer a revenue would have been generated (
may be a loss or gain ) and this has to happen in the Profit and Loss
Account only. What Balance Sheet account do you expect to be affected. in
the sending company code?
In fact , the money payable by the receiving company code would be
represented as an asset in the sending company code , as a clearing account.
That would be a balance sheet account. Your entry does not suggest that.
That clearly indicates that your account determination could have been
tweaked.
What does the Asset explorer say regarding the deactivation of the asset in
the sending company code and the capitalization in the receiving company
code?
Please check them all.
Regards
VidhyaDhar
On Sun, Jul 25, 2010 at 10:21 PM, CA_Nitin via sap-acct <
sap-acct@groups.ittoolbox.com> wrote:
>
> Posted by CA_Nitin (FICO)
> on Jul 25 at 1:36 PM Dear
> Vidya,
> ?
> Its a case of merger and both teh company codes belong to same company. It
> will be a gross transfer. I checked the account determination in AO90. Could
> you please advise what else i can check.
> ?
> Regards,
> ?
> Nitin
>
> --- On Sun, 25/7/10, VidhyaDhar via sap-acct <sap-acct@
> Groups.ITtoolbox.com> <http://Groups.ITtoolbox.com%3E> wrote:
>
>
> From: VidhyaDhar via sap-acct <sap-acct@Groups.ITtoolbox.com><http://Groups.ITtoolbox.com%3E>
> Subject: Re: [sap-acct] Intercompnay transfer of assets
> To: "CA_Nitin" email@removed
> Date: Sunday, 25 July, 2010, 9:50 AM
>
>
>
>
>
>
>
>
>
>
>
> Posted by VidhyaDhar (User-friendly SAP FI Consultant)
> on Jul 25 at 1:10 AM
> Mark as helpful
>
>
>
> Hi Nitin
>
> The following issues also need to be addressed
>
> 1. Did you carry out a gross transfer or a net transfer ? ( While carrying
> out the transfer the system uses a transfer variant , one for gross
> transfer and one for net transfer and you can see it the tab additional
> details). This has a bearing on accounting. Moreover, is it a complete
> transfer or partial transfer?
>
> 2. Do the sending and receiving company codes belong to one company ( RT02
> TYPE Transfer ) or do each belong to a different company ( RT01 TYPE
> Transfer ) ? This also has an impact on accounting.
>
> 3. Are you sure that whoever did account determination for all account
> classes did them correctly? Alternatively, did somebody tweak account
> determination settings?
>
> In the absence of such details , no inference can be made, I am afraid.
>
>
> *If both the company codes belong to one company (RT02) , then the system
> prompts a gross transfer without revenue and the following entries should
> have got generated.*
>
>
> In Sending Company Code :
>
> Asset Credited in full and debited for a part of the used value to be
> knocked off against accumulated depreciation and would be rendered to zero
> after depreciation run happens
>
> A Clearing Account which gets a debit for the value of transfer.
>
>
> In Receiving Company Code :
>
>
> Asset Debited in full and credited for a part of the used value ( in
> erstwhile Company Code) to be knocked off against accumulated depreciation
> and would be rendered to zero after depreciation run happens
>
> A Clearing Account which gets a credit for the value of transfer.
>
>
>
> *If both the company codes belong to different companies (RT01) , then the
> system prompts a gross transfer without revenue and the following entries
> should have got generated.*
>
> Almost all the entries as above happen with a minor difference. The sending
>
> company code registers a debit in a Suspense Account. instead of a clearing
>
> account debit.
>
> This is the default behavior of the system.
>
> If this does not happen in your company code, then please look into point 3
>
> mentioned above.
>
> Regards
>
> VidhyaDhar
>
>
>
> On Sun, Jul 25, 2010 at 12:21 AM, CA_Nitin via sap-acct <
> sap-acct@groups.ittoolbox.com> <http://groups.ittoolbox.com%3E> wrote:
>
> >
> > Posted by CA_Nitin (FICO)
> > on Jul 24 at 2:48 PM Dear
> > Vidyadhar,
> > ?
> > Thanks for your reply. Here the situation is the transaction is being
> > carried out as without revenue so what happening is in sending company
> code
> > the loss is getting booked with the amount of the NBV of the asset and
> with
> > the same amount liability is getting created for receiving company code.
> > ?
> > My issue is that though in SAP its showing as a Loss for sending company
> > but in real terms it's not loss as now the same NBV will be shown in
> > receiving company code.
> > ?
> > How i will manage the loss which is shown as loss in sending company and
> > what treatment i will have to do for liability which has been raised in
> > receiving Cocd.
> > ?
> > ?
> > Please reply me.
> > ?
> > Thanks,
> > ?
> > Nitin
> >
> > --- On Sat, 24/7/10, VidhyaDhar via sap-acct <sap-acct@
> > Groups.ITtoolbox.com> <http://Groups.ITtoolbox.com%3E> <
> http://Groups.ITtoolbox.com%3E> wrote:
> >
> >
> > From: VidhyaDhar via sap-acct <sap-acct@Groups.ITtoolbox.com><http://Groups.ITtoolbox.com%3E>
> <http://Groups.ITtoolbox.com%3E>
> > Subject: Re: [sap-acct] Intercompnay transfer of assets
> > To: "CA_Nitin" email@removed
> > Date: Saturday, 24 July, 2010, 1:10 PM
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >
> > Posted by VidhyaDhar (User-friendly SAP FI Consultant)
> > on Jul 24 at 9:39 AM
> > Mark as helpful
> >
> >
> >
> > Hi Nitin
> >
> > let us understand the concept of Asset Transfer happening between two
> > company codes.
> >
> > The sending company code retires the asset by way of a sale and in the
> > process it may incur a loss or profit depending on the revenue it
> realizes.
> >
> > The loss or profit incurred booked in the* profit and loss account* of
> the
> > sending company code. At the same time, the sending company code retires
> > the
> > asset after making pro-rata adjustments of asset value and Accumulated
> > depreciation so that during the year end depreciation run can ensure that
>
> > the asset value is rendered to zero. If you observe more carefully, you
> > would also see a clearing account being debited which is a balance sheet
> > account. This represents the amount recoverable from the company code to
> > which the asset has been sold.
> >
> > However, the company code which acquires the asset debits the asset the
> > accounting of opening balance of accumulated depreciation may or may not
> > happen depending on the method of transfer ( In gross transfer,
> accumulated
> >
> > depreciation gets an opening balance from the selling company code
> whereas
> > in net / new value method of transfer this does not happen ). The
> receiving
> >
> > company code may book a liability to the company from which the asset
> > purchase was made and this happens through a clearing account.
> >
> > Since the revenue arising from sale of fixed asset should have nothing to
>
> > do
> > with the operating profits, the sale revenue and a suspense account which
>
> > are created stand reported as notes to the financial statements ( viz.
> > below
> > the bottom line ).
> >
> >
> > Check your entries again, please and you will get to know better.
> >
> > Regards
> >
> > VidhyaDhar
> >
> >
> >
> >
> > On Fri, Jul 23, 2010 at 10:50 PM, CA_Nitin via sap-acct <
> > sap-acct@groups.ittoolbox.com> <http://groups.ittoolbox.com%3E> <
> http://groups.ittoolbox.com%3E> wrote:
> >
> > > Posted by CA_Nitin(FICO)
> > > on Jul 23 at 1:18 PM Dear Guru's,
> > >
> > > There is a business requirement wherein they want to transfer all the
> > > assets from one company code to another company code. Both these
> company
> > > codes are existing in SAP ECC6.0. Am using T code ABT1N for the same .
> > The
> > > system is generating following entries for both sending and receiving
> > > company codes:
> > >
> > > Sending Company Code
> > > ........................................................
> > > Asset Account Credit
> > > Accumulated Depreciation Account Debit
> > > Profit & Loss account Debit
> > >
> >
> .......................................................................................
>
> >
> > >
> > >
> > > Entry in case of receiving compnay code:
> > >
> >
> ......................................................................................
>
> >
> > >
> > >
> > > Asset Account Debit
> > > Accumulated Depreciation Account Debit
> > > Inter company balance sheet account Debit
> > >
> >
> .........................................................................................
>
> >
> > >
> > >
> > > My issue is why system is booking P&L in case of sending company and
> > > balance sheet account in case of receiving Company.
> > >
> > > How i can get Balance sheet account in sending company instead of P6L
> > > account.
> > >
> > >
> > > Your replies to this question will be highly appreciated.
> > >
> > > Regards,
> > >
> > > Nitin
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