on 04-02-2009 5:00 PM
Hi All,
As a part of the Year Beginning process, we have to close the previous Asset Fiscal Year in order to open the New Asset Fiscal year - 2009.
During closing of Asset Accounting for the year 2007, we got the following error for a few assets - Depreciation is not completely posted for Asset XXXXXXXX.
As a result of which, we cud not open the Asset Fiscal year 2009. On verifying the respective asset Explorer, the depreciation was charged and posted for the year 2007. But in 2008, it doesn't show the depreciation posted, instead dep planned and net value of the asset is zero. FYI - Date of Capitalisation 7.3.2008, Depreciation rate - 100%. So depreciation for 2007 is calculated and the remaining net asset value needs to be depreciated fully in the year 2008.
Kindly advice as to how to proceed.
Thanx
Shivaji
Hey
There are many doc avaiable which provide you steps on how to proceed with your assets year end activities:
http://sapdocs.info/wp-content/uploads/2009/01/year-end-closing-in-asset-accounting.pdf
http://help.sap.com/saphelp_glossary/en/35/26b92aafab52b9e10000009b38f974/content.htm
http://www.sap-img.com/zf019.htm
Hope this helps.
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
Shivaji,
have you done this Asset year end closing in 2008? You have to transport Assets Balances and run depreciation for that year to reach at 2008 end closing.
Look at this and let me know.
Regards.
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
User | Count |
---|---|
88 | |
7 | |
6 | |
4 | |
3 | |
3 | |
3 | |
3 | |
3 | |
2 |
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.