Nice Explanation !!! What if we Under depreciated the asset. Suppose we purchased an asset in 2022 and in useful life field we maintained 8 years instead of 4 years?
Invade if a user posted the acquisition along with accumulated depreciation with full acquisition amount and the year is closed now. What can use do in this case to rectify. Reversal is no possible as year is closed.
Hi Abdullah, nice explanation. I have a different case here. There is planned depreciation in last period of previous fy, the asset is deactivated and users close fy in gl before closing in aa. Now the system is giving error about incomplete depreciation posted. We cannot post anything in previous year. How to deal with this situation?
Hi Abdullah Thank you for your videos. One of my colleague was created an asset using AS01 in April23 but entry posted using FB01 on 1st May23 next period by mistakely hence country not able to see values in Apr23 now for this asset. Also Apr23 period is already closed so please advice who can we solve this issue.
Why didn't you run the depreciation last year? Run depreciation for the last period in the year and it will post all the annual value in this period then you proceed with closing
What happens if you have wrong postings in the previous years and also in the current year? Do we do the write up for previous years first and then adjust the useful life in the asset master after that for the wrong depreciation in the current year? Logically this seems to be the right thing to do.
Hi, I have one scenario in that one user changed the useful life of an asset after depreciation has been posted in Mar'22 now that the asset has both posted and planned depreciation value in March'2022 (Fy 2021) and also in Mar'22 they changed the Asset fiscal year but not closed the same, now while closing the FY 2022 system asking to close the FY 2021 while trying to close the FY2021, SAP asking to depreciate the certain assets in FY2021, can you help me on this, please
change the useful life to the old value, then do a test depreciation run for march 2022 and make sure it won't post any thing, the close 2021 and change the useful life again. not sure if that will work
@Abdullah Galal - SAP, CMA I tried it but it is not work, also tried the asset depreciation writeup, but the system is still asking for depreciation in March'22.
Hello sir do one end to end video on leading nd non leading it will very useful for beginners anyway your teaching skills are excellent
Nice Explanation !!!
What if we Under depreciated the asset. Suppose we purchased an asset in 2022 and in useful life field we maintained 8 years instead of 4 years?
Invade if a user posted the acquisition along with accumulated depreciation with full acquisition amount and the year is closed now. What can use do in this case to rectify. Reversal is no possible as year is closed.
thank you very much for all your lessons, very helpful
You are welcome!
Hi Abdullah, nice explanation. I have a different case here. There is planned depreciation in last period of previous fy, the asset is deactivated and users close fy in gl before closing in aa. Now the system is giving error about incomplete depreciation posted. We cannot post anything in previous year. How to deal with this situation?
Great video as always!
Thanks a lot Pedro! and thanks for supporting the channel for the last year
Hi Sir,
Can you please help me which GL account you assigned in AO90 for revenue from ordinary deprecation
hello.. based on the posted financial entry in accumulated depreciation. what is the impact to depreciation expense upon depreciation run?
I don't understand the question.
The video shows all impact on the deprectiation values
Hi Abdullah
Thank you for your videos.
One of my colleague was created an asset using AS01 in April23 but entry posted using FB01 on 1st May23 next period by mistakely hence country not able to see values in Apr23 now for this asset.
Also Apr23 period is already closed so please advice who can we solve this issue.
Can you make the video on post capitalisation of fixed assets?
Hi! What if we have uncleared planned depreciation which is preventing us from closing the previous year. How do you do this? Please explain.
Why didn't you run the depreciation last year? Run depreciation for the last period in the year and it will post all the annual value in this period then you proceed with closing
What happens if you have wrong postings in the previous years and also in the current year? Do we do the write up for previous years first and then adjust the useful life in the asset master after that for the wrong depreciation in the current year? Logically this seems to be the right thing to do.
Yeah we have to adjust the useful life to correct our records for the future depreciation, then write up the depreciation to have correct A/D balance
Hi Abdullah
I am a platinum member so how can I chat with you directly on any doubt? Please suggest
Hi Rajendra, yes! are you in the Slack platinum room? if not then please send an email to agelitemembers@gmail.com
Hi,
I have one scenario in that one user changed the useful life of an asset after depreciation has been posted in Mar'22 now that the asset has both posted and planned depreciation value in March'2022 (Fy 2021) and also in Mar'22 they changed the Asset fiscal year but not closed the same, now while closing the FY 2022 system asking to close the FY 2021 while trying to close the FY2021, SAP asking to depreciate the certain assets in FY2021, can you help me on this, please
change the useful life to the old value, then do a test depreciation run for march 2022 and make sure it won't post any thing, the close 2021 and change the useful life again. not sure if that will work
@Abdullah Galal - SAP, CMA I tried it but it is not work, also tried the asset depreciation writeup, but the system is still asking for depreciation in March'22.
hi bro i am not able to get the icons of formula and get field icon in se16n kindly guide for this bro
Have you checked the data browsers playlist? I explained all this
@@AbdullahGalal i found but i canoot activate it
can we post write up in retired asset ?
if it's retired it means we don't have it anymore ..how would I write it up?
what's the real life case?
@@AbdullahGalal scenario is our asset is retired and we want to adjust it's accumulated depreciation in previous year.