2nd Local Currency = 030 Group and Valuating Fixed Assets in sap fico

2nd Local Currency = 030 Group and Valuating Fixed Assets

Question: Hi all

We have activated 2nd Local Currency 030 = GBP. Company code 1000 has Local Currency = EUR.

At the end of each month we revalue the Balance Sheet for 1000 to 030 Group Currency using F.05 Foreign Curr Valuation.

This programme does not pick up the Fixed Assets accounts though and so Fixed Assets and Accum Dep (therefore NBV)are always reported at Historical rates.

Is this correct as our accounting department want to be able to report on assets in the BS for 1000 at the current exchange rate

Thanks in advance

Gidon

Answer:
Hi gidonb,

It is common practice that fixed assets be valuated at the historical rate instead of current rate.

But if your accounting department insists on using current rate to valuate fixed assets, then you could create adjustment accounts for each APC account, and create valuation entries manually via F-05.

Your FSV needs to be organized properly to group APC account, Accumulated depr account, and adjustment together to reflect the value accordingly.

HTH.
WanJun

Answer:
Hi WanJun

Your answer makes perfect sense, thanks. One last thing though if you have the time. Have you ever tried to get F.05 to Valuate assets as you have mentioned automatically. I am going mad trying and would love to know that it is impossible

Thanks

Gidon

Answer:
Hi Gidon,

To my knowledge, it is not possible to run it automatically.

We know currency revaluation in SAP can be run automatically either for foreign currency open items or for foreign currency balances (account not managed as open item).

We know asset accounts won't be maintained as open item accounts; and as for revaluation of GL account balances, the adjustments will be posted to account itself, which are not applicable to asset accounts (as they are reconciliation accounts).

HTH.

Postings for Asset Depreciation in sap fico

Postings for Asset Depreciation

Question: Can anyone help me here? We have run the "test" for depreciation and it shows that $ 1000 is " to be posted" (meaning $ 1000 Accum. dep & $1000 Dep. Expense).

However, when we do the actual depreciation run it posts 2 line items to Accum dep & 2 line items to dep. expense...for example:

CR- accum dep - $ 2000
DR - accum dep - $ 1000

DR - Dep expense - $ 2000
CR- Dep expense - $ 1000

Overall, it nets out to the amount listed on the report for that 1 asset, however, we do NOT understand why it is making the 2 postings!

Let me know if anyone can help...

Answer:
Are those postings in the same depreciation area?

Answer:
Yes...they are in Book (01)

Answer:
Hi,

How many area do you use?

it could be that you have an area for tax and an area for the difference.

If book depr. should be 1000 and for tax you have not defined anything
then SAP wants to make an additional posting for the difference between the two (based on your settings of course). This in order the also have a balancesheet for fiscal reasons.

Profit Center Standard Hierarchy

Question: We are facing a problem in connection with the Profit Center Standard Hierarchy. The Profit Center Standard Hierarchy is being displayed in IMG - Maintanin Standard Hierarchy (TCode KCH4) and user side Profit Center Group Display (KCH3) but does not appear in the user side Standard Hierarchy Change / Display (KCH5N & KCH6N).

Could this be a system bug?

Regards,

Answer:
read basic rules
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SUBMIT authorization ZF_ALL required for program ZKPCAD01 in sap fico

SUBMIT authorization ZF_ALL required for program ZKPCAD01

Question: A user is attempting to run the Profit Centre Detailed Transaction report. They are receiving the following error message ‘SUBMIT authorization ZF_ALL required for program ZKPCAD01’. What be the steps you would take in investigating the case.

Answer:
Talk with your security guys. This means your user is missing authorization to run the new report.

ZZ

Answer:
is there any transactions that you would use to find out what profiles are missing?
besides talking to security what would be the steps you would take in investigating this?

Answer:
Use trx SU53 after you get the error message. It should show what authorizations you are missing in addition to the report itself.

Park Vendor Invoice in MIRO in sap fico

Park Vendor Invoice in MIRO....[/b]

Question: We want to use Park Document approach for all PO and Non-PO based Vendor Invoices. SAP Allows Park document facility for FB60 (Non-PO based Vendor Invoice) but doesnt allow the same functionality for MIRO (Logistics Invoice Verification). Can anyone suggest a wayout for Park Document functionality for MIRO.

Answer:
Hello,

Parking documents in LIV is only available as a Workflow function. I'm not sure of the details though...

Answer:
mriya,

hi there. if you're using version 4.6 up. transaction MIR7 is available already. This allows you to park vendor invoices using invoice verification.

hope this helps.

Answer:
Hi Jack,

MIR7 transaction is vailable in 4.6C onwards... We are on 4.6B. We have no plans to upgrade till 2004. Is there any alternate way where we can acheive this.

Answer:
Hi,

Can you please tell me how are the non-PO based invoices are matched against receipts?

Regards
SAP FI User

Answer:
In MIRO, when you go to Edit in Menubar there is an option for Switch to Document parking. From where u can park the document

How to close internal order automatically after settlemen

[b]How to close internal order automatically after settlemen

Question: we want let one internal order closed automatically as soon as it is settled, dont want use manually close in month-end. How can i do?

Answer:
I don't think that this functionality is standard in SAP, so have a look at:-

1. Mass changes using a substitution
2. Write your own ABAP to do it

Good luck

Answer:
You can make a daily job with program RKOLIS00 that is used for background processing of transaction KOK4.

Dorival

Answer:
I don't think that this functionality is standard in SAP, so have a look at:-

1. Mass changes using a substitution
2. Write your own ABAP to do it

Good luck : Thanks for your reply. How can i using substitution? Actually I am studying this way these days.

Answer:
You can make a daily job with program RKOLIS00 that is used for background processing of transaction KOK4.

DorivalSincerey thanks, only enter one parameter of transcation code can not run this program. Should I set substitution?

Answer:
You can make a daily job with program RKOLIS00 that is used for background processing of transaction KOK4.

DorivalSincerey thanks, only enter one parameter of transcation code can not run this program. Should I set substitution?

Answer:
Just clarifying,

If you run transaction KOK4 with Function Selection Close and run in background you'll see that the program RKOLIS00 is started with a variant similar to this:
Objects for selection screen 1000

Selection variant CLOSE_IO
Substitution name
Business transaction BABS
Create order group
Name of order group
Test run
Detail list X
Print control

Invisible selection criteria

AUTYPERL 01,02
ORDERSEL
UPDATE

The Business transaction is related to the Function Selection.
If you make a daily job with program RKOLIS00 with a variant like this it will close the internal orders of your Selection variant in case that the balance is zero and no commitment exist.

FB60-Payment Terms in sap fico

[b]FB60-Payment Terms[/b]

Question: Dear all,

When i am using FB60 to create AP invoice, suppose the payment terms of the vendor is automatically captured from the Vendor master. But, it does not, i need to manually key in the terms. (This happened after we upgraded our SAP to 4.6b)

I would like to know is there any way to configure to make the payment terms default in FB60?

Thank u............

Answer:
you can default the payment terms while creating the vendor xk01
, some problem probably in upgrade that some of the fileds are not transported properly

Dunning letter restart-printing in sap fico

[b]Dunning letter restart-printing ***URGENT HELP***[/b]

Question: Hi,

Dunning letter print job was terminated without printing a single letter. After correction of data/program , we re-started the print job but we are getting below message;
Restart printout for account: D XXXX. Dunning notice was already printed on XX.XX.2004

Please can anybody help us on following question;

1) How can we print all 200 dunning letter ??

2)Do Delete dunning notice printout function is relevant for this i.e we use this function and restart printing again? we are not sure for this function.

3)Is there any way that we can even delete dunning program and re-run the whole program again?

Many thanks in adance.

Guest.

Answer:
Urgent on Subject not allowed! Please read Basic Rules!
_________________

cost center splitting Assignment in sap fico

cost center splitting Assignment[/b]

Question: Hi !

In transaction OKEW how can I introduce another cost center and allocate it to activity?

Thank's

Answer:
hi
what u have to do to assign a cost center to a splitting structure is select the cost center , edit>> assign then keep cursor on the splitting structure u want to assign and click assign icon again
to allocate a cost center to activity go to transaction kp26 and run the cycle once with relevant cost center and activity , feed in plan activity and price
i hope i have given u the solution if not then pls ellaborate ur question

neha

Answer:
hi nena

I'll try to elaborate it:
I have a cost center structure 200101, 200102, 200103 ....
so ... I want to create another cost center 20010x and allocate it to the activity ... well, thank's nena and have a nice day (99 baloons ...)

Answer:
I think you want to assign a cost center to an activity so that it can you can use the same in PP. If that is the case then you have to plan the activity. Put in any value for activity/costs and the activity and cost center are assigned

SLR

Configurable material in sap fico

[b]Configurable material[/b]

Question: Hi,
How I can calculate standard price for a configurable material?

Thanks

Norman! [/b]

Answer:
You can not, it will be Sales Order costing

Answer:
Hi
thank you for your answer,
have you any other advice about the management of the configurable material?

Answer:
you can cost it via transaction CU50, but w/o influence to mm prices
_________________
best regards

46C - US Use Tax

46C - US Use Tax[/b]

Question: Do Companies default use tax codes in the purchase order from condition record or is is filled manually?

SLR[/b]

Answer:
condition record NAVS

Answer:
Can we change the access NAVS and how difficult is it to base it on material/vendor registration in state combination/Use combination

SLR

Answer:
Yes you can customize NAVS access--add new "key combinations" Not sure that I follow the rest of your question though. At the time the NAVS condition is evaulated and the default tax code is entered into the PO, the vendor and material information is known, so you should be able to use that in the decision.

Answer:
The issue being vendor registration. The vendor should be registered in the state of purchase and not in his original state. Hence it could be that the vendor is registered in PA but not in NY. So if the purchase is made in NY then we have to self access tax. Thus the access sequence should be vendor along with state in which the purchase is made.

SLR

Answer:
In that case I would use a manually assigned tax code during invoice verification when it is determined that tax is owed but has not been invoiced. At PO time you don't know if the vendor will charge the tax, but you will know if the purchase is taxable.

Answer:
Then it becomes giving more authority to the person who does the invoice verification. Which is too dangerous and not manageable when purchasing is a decentralised function.

Now in many cases the vendor does not understand the meaning of registration in the state of purchase. So if he is registered in his original state then he charges the same rate and thinks he is registered in every state and charges tax accordingly. In such a case the tax rate is different than that determined by taxware and that charged by the vendor.

Any thoughts??

SLR

Answer:
Hi SLR,

You are not really giving that much authority to the AP person. The system has already determined that tax is due via the tax code provided by NAVS. The only thing that the AP person is doing is changing that code (which requires that the vendor charge the tax) to a new code that is for a use tax accrual. You only need one use tax accrual tax code (i.e. U1) and it gets the proper amount from Taxware based on the jurisdiction. If you are afraid that the AP person will change to the wrong tax code, you could develop an ABAP report that compares the tax code from the PO to the tax code used in invoice verification and review it periodically. The use tax code creates an entry in a tax liability account and the tax department will have a chance to review the entries before remitting to the state.

I have tried many different approaches to this problem and have even created a mod in the tolerance portion of the LIV code that automatically books the use tax for either the full accrual (vendor charged nothing) or a partial accrual (vendor did not charge enough). It worked well, but the LIV code was too unstable for the mod to have any shelf-life so it was gradually phased out in favor of the more manual approach.

Why would Taxware not be returing the correct rate? Is New York an "origin" or "modified origin state?" In most states, the tax rate depends on the point of goods receipt (i.e. plant, cost center). In some states the use tax is lower from the sales tax, but that is not often the case. Vendors often charge taxes incorrectly, but Taxware should be returning the correct rate almost all the time--100% would be great but it is expensive to get there given all the factors involved. Using the U1 example above, the call to Taxware passes a tax code for use tax and a jurisdiction code for the point of receipt (ship to) and taxware returns the correct amount which is posted to the accrual account. In reality four jurisdiction codes are passed over, but mostly the ST is used. Even if the use tax rate was different from the sales tax rate, Taxware should return the correct answer. One disclaimer here--I have only worked with Vertex and SAP so I am assuming some things about Taxware.

I hope this is helpful.

Regards,

depreciation on one depreciation area in sap fico

[AM] depreciation on one depreciation area.

Question: Hi
We have 2 depreciation areas in AM modules.
One is 01 (Global). and the other is 10 (local)
Becuase local rule allows special depreciation this year, we want to
post special depreciation on depreciation area 10, but not on 01.

What t-cd can we use for the posting?


Regards

Withholding tax reports do not have invoice numbers

?Withholding tax reports do not have invoice numbers

Question: We have withholding tax that is due on payment. The reports that standard SAP has RFIDYYWT and RFKQST00 only shows the payment doc number it does not show the invoice numbers.

Does anyone know of a report that does show the invoice numbers.

Thanks in advance.

Answer:
Never mind I figured it out - change the output group

Asset Creation / Dep'n in sap fico

*URGENT* Asset Creation / Dep'n

Question: Dears,

I'm seeking a solution for the following: (Dep'n start at month of purchase)

An asset was purchased in Feb but forgot to create master & acquisition post'g in SAP till after execution of Feb's dep'n run.

How can I include this asset back in Feb to execute a restart for Feb dep'n to include this asset dep'n.

PLEASE HELP!!!!!

Rgds,
Wes_y

Answer:
hi,

You can post the acquisition in feB with value date of asset as feb 2004.

Then do the depreciation run repeat run for the month of feb2004.

regards
CKSIVA

Answer:
capitalization date of the asset in the periood you want.

depreciation will take from the date you inform for every epreciation area.

postings will be done with the values calculated based on that parameter, but posted on currrent period.

Asset: Depreciation Area

**URGENT**Asset: Depreciation Area

Question: Hi all,

Recently I've received a requirement where, when an an asset is retired(by any method) it only affects area 01 & other area but not area 15 which is for tax, that it will continue depreciating till end of useful life.

How do/should I go about it?

Many thx in advance,
Wing

Answer:
URGENT is not allowed.

read basic rules.

Snowy
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FI:AA - Time-Dependent Interval

**FI:AA - Time-Dependent Interval**URGENT!!! PLS. HELP!!!!!!

Question: Dear all,

I'm new to FI:AA or even SAP in general.
I'm faced with date issues.

Currently my Asset Time-Dependent Interval starts at 1900 & end in 9999 how can I change the starting year or how would it reflect current year as the start date??

PLEASE HELP!!!!! URGENT

Answer:
Hi NewComer,

I don't think there is any problem having 1900 as startdate! In AS02, at the sheet where cost center is mentioned, there is a button somewhere which enables you to enter a specific time interval. But as said before, this isn't necessary.

Greetings,
Huubtim.

AR Incoming payment in sap fico

***********aatn Guru'********** AR Incoming payment

Question:
While processing ncoming payment for an existing open item , i am using residual item to create open item for remaining open item.
For the new open(line)item that's been created the baseline date date should be the original invoice date.
But system picks up the current transaction date.
eg. AR open item dt 1.1.2002 10000
Incoming payment on 1.6.2002 2000
While processing incoming payment thro residual method, a new line item for AR will be created at 8000 suaring of this old line item.
For this new line item the value date(base line date) sould be 1.1.2002 but not 1.6.2002 so that my aging report will be meanigful.
I have checked sort key for recon account/payment terms/value date rules and nothing helps.
Any Suggestion please???????????????????????????????

thanks and regards,

Answer:
ACTUALLY U SEE THE MAIN FUNATIONALITY OF RESIDUAL METHOD IS TO CLEAR THE EXISTING OPEN ITEM AND CREATE A FRESH LINE ITEM THATS' WHY SYSTEM TAKES IT AS A BASELINE DATE, IF U STILL WANT UR BASELINE DATE TO BE THERE INTACT INSTEAD USE PARTIAL PAYMENT METHOD

Answer:
You can always manually change the baseline date to any date you want via change line items.

How to add field BKPF-XBLNR to CO-OM infor. report?

How to add field BKPF-XBLNR to CO-OM infor. report?

Question: Hi, all,

In the CO overhead management actual line item report, in the display variant setup, I can not find the field BKPF-XBLNR (Reference document number in the FI document). Is there any possibility to add that field to the report output?

Thanks.
Kevins

Answer:
In the CO overhead management actual line item report, in the display variant setup, I can not find the field BKPF-XBLNR (Reference document number in the FI document). Is there any possibility to add that field to the report output?

Hi,

Try to implement note 325546.

Answer:
In the CO overhead management actual line item report, in the display variant setup, I can not find the field BKPF-XBLNR (Reference document number in the FI document). Is there any possibility to add that field to the report output?

Hi,

Try to implement note 325546.

thank you, runman,
I have tried but unfortunately we are still using release 3.0F and the note is not suit..

AM-Depreciation Repeat Run in sap fico

(Urgent) AM-Depreciation Repeat Run

Question: dear all,

i have found incorrect data after i had run depreciation for dec '02.
Suppose the asset is belong to production department, but i wrongly assign it to admin department and it affects FI and CO module.

Can i know what are the necessary steps to correct this data?....
I have tried to repeat run depreciation for the related asset in development system but there is no batch input session was created. No data was changed!.....

Pls help.......
Thanks in advance!!!

Answer:
Once you have executed the production run of depreciation you cannot change. I think the only way is take the report of cost center wise depreciation and find out what should have been posted and pass the adjustment through reposting in CCA.

MSS
_________________
MSS

Answer:
hi,

change the cost center in the asset master record and then run the depreciation run.

Rgds

BPG

Answer:
Hi, thanks for reply!....

I have test to change the cost center in asset master and repeat run the depreciation of that asset in development system, but no BATCH INPUT SESSION is created for me to process.

I am worried when i do it in production system, it will happen the same way.

Let say if repeat run of depreciation is sucessfully run, will it oso change the FI and CO data ?

Check Printing in case of manual created checks in sap fico

(pls ASAP) Check Printing in case of manual created checks

Question: Hi,
Can anybody tell me how to print a check which is manually created.
I created on downpayment and then a manual check for this down payment document number, Now I want to print that check from the system. How can I do that ?? I tried FBZ5, but it doesn't support mannually created cheqes.

Pls revert ASAP.
Thanks
SAP USER

Answer:
Thru FCH5 u can feed manual checks info into the transaction.u will qwrite manual checks and tne information will be feeded into the system for brs.

Manish