Reconcialiation of Balances

[Former Member]

Hi,

For one asset ( auc) the capitalisation date mentioned in asset master was different i.e 31.7.2007 and actual capitalisation date done is different i.e 1.7.8 in next fiscal year

Reason being their is difference in Financial statement asset balance and asset register balance.

Please suggest how to reconcile both FI-AA balance

Thanks and Regards,

[Former Member]

solved it was becz of some value date problem

[Former Member]

Hi,

Use ABST2 to see the differences and then you can post the adjustment entry using OASV,

hope it helps.

Regards,

J

[Former Member]

Hi ,

Using ABST2 i have found the difference , what is the effect of using OASV, PLS Clarify.

Regards

[Former Member]

Hi all,

What i have found that in AUC that one asset is capitalised on 1.7. 2008 but at the the time of capitalisation, asset capitalisation date in asset master data is 31.7.2007 so what ever we have capitalised it is posted in G/L accounts but not in asset that we have checked in FS10N and AW01N respectively.

If in fiscal year 2009

1.For the asset what ever we have capitalised on 1.7.2008 if i will reverse AUC using Tcode AIST giving same date 1.7.2008.

2.Change the capitalisation date to 1.7.2008 in asset master record

3. again capitalise the asset on 1.7.2008

What will be the effect Pls suggest.

If it is ok then suggest

Thanks and regards

[Former Member]

Hi Priyanka,

Use ABST2 - Account Reconciliation

Regards,

Kiran