Depreciation area for Group Currency

[Former Member]

Hi

we have the following issue in Asset accounting area.

Currently depreciation area 30 for group currency is getting APC Vlaues and depreciation terms from depreciation 01(Book depreciation). But we need to change the usefull life of depreciation area 30 ( Group currency) to 15 years, where as depreciation area 01 is having usefull life of 10 years. We have also also assigned currency type( group currency) to depreciation area 30. In order to change the usefull life we have removed the indicator for "Identical depreciation terms copied". This process allowed us to create assets with different usefull life for group currency depreciation area. But this is not allowing us to do F-90( Aquisition transactions); it is giving us the following error message.

Message no. AC359

Diagnosis

There is a currency type entered in the Customizing definition of area 31. This means that this depreciation area has to adopt its acquisition values and depreciation terms (without change) from area 01, which posts its values automatically to Financial Accounting. In addition,reference depreciation area 01 has to be managed in local currency.

does any one face the similar issue. If you have faced similar type of situation please share your ideas.

Thanks,

Santosh

[Former Member]

Hi Santosh,

Just wanted to check if you have been able to resolve this as I have a similar issue?

[Former Member]

it is showing you have one more deprecation area with reference to your depreation area 01, please correct it as well.

[Former Member]

Hello

Customize transaction OAYH

Specify the Use of Parallel Currencies

For the legal consolidation of your fixed assets, you might only need foreign currency amounts, but not need to use a different basis for valuation (APC/depreciation terms) than is used in the local currency. In this case, you can use the following FI general ledger function:

The Financial Accounting (FI) component provides you with the option to manage all the values of a company code in up to three currencies on the same accounts in parallel. You can define three local currencies for every company code for this in FI Customizing. A local currency is defined by the following specifications:

Currency type in accordance with the function of the currency (for example group currency)

Type of exchange rate for the conversion

Base currency for the conversion and

Date (for example document date) for the conversion

Even the values that are posted within Asset Accounting can be updated in several currencies and in the same FI document in parallel with the posted amount in local currency in financial accounting. For this, you need to manage a depreciation area with the following features for each currency:

Currency type and currency of the depreciation area are identical to the corresponding parallel currency in the company code in question.

The depreciation area must manage depreciation terms and acquisition values identical to the book depreciation area.

The system then automatically supplies the corresponding posting documents with the additional values from these depreciation areas. The areas in the foreign currency do not need to be explicitly posted to the general ledger (according to the posting settings in the definition of the depreciation area).

Note

The system also supports parallel currencies in depreciation areas that do not post online, but which are posted during periodic posting to the general ledger.

When you use parallel currencies to show group valuation and profit center valuation, you should consider the following:

The key that is used in Asset Accounting for the parallel currencies is made up of the combination of the keys for currency type and valuation view that are entered in FI under "Define Additional Local Currencies."

Example

You defined the following additional local currency in FI:

Currency type 30 (group valuation), valuation type 2 (profit center valuation). If you want to enter this currency in Asset Accounting as a parallel currency for a depreciation area, do not enter 30 as the key. Instead choose key 32 (sum of keys for currency type and valuation type).

Requirements

You must have defined your depreciation areas Defining depreciation areas.

Standard settings

The depreciation areas delivered in the standard system do not support any parallel currencies in the general ledger.

Activities

Assign a currency type to the depreciation areas that corresponds to the given parallel currency.

[MarkusBredel]

Hi,

if you have a second and maybe third local currency in FI, then you need at least for area 01 so called "parallel depreciation areas", to reflect 2nd and 3rd local currency in FI-AA postings. Please go to the SAP Help Portal and search through the FI-AA documentation. You will find the necessary steps and configuration for parallel depreciation areas there.

Regards,

Markus