A misunderstanding often takes place when analyzing the output provided by SAP report RAZUGA_ALV01 (asset acquisitions). It occurs that users of this SAP report think that information is missing due to a program error.
Transaction types related to a transfer of prior year acquisitions, are not shown in SAP report RAZUGA_ALV01. They are treated as transfers, and should be listed by report RAUMBU_ALV01. Correspondingly, transfer of current year acquisition is considered as an acquisition that is listed in the acquisition report.
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admin Asset Accounting Asset Accounting, AW01N, Fixed Asset, GITCOL, RAUMBU_ALV01, RAZUGA_ALV01
Purpose of SAP transaction: Recalculate Depreciation Process (AFAR)
Use this procedure to recalculate depreciation of the assets. We perform this procedure when the life, depreciation method or asset value changes.
SAP Business Process Information
Planned annual depreciation may need to be recalculated for individual assets under the following conditions:
- You have changed a depreciation key.
- You have made mass changes that you programmed yourself and these changes affected data relevant to depreciation.
- You want to calculate subsequent revaluation (after the legacy data transfer is closed) using current index figures. In order to correctly calculate replacement values however, you can only use index series that calculate historically.
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admin Fixed Asset Transactions AFAR, Fixed Asset, RAAFAR00, SAP, SAP FI
Common Business Requirement
Both capital lease and operational lease, asset masters will be created for the asset under leasing asset classes in the SAP system.
Basically, procurement of leased assets will be the same as procuring normal assets. At the end of the lease agreement, this capital lease asset will be transferred to its original asset class via the transfer within company code function in SAP Fixed Assets module.
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admin Asset Accounting Process Asset Accounting, Business Process, Fixed Asset, SAP, SAP FI
Definition
Asset Disposal and scrapping in SAP refer to the removal of a full asset or part of an asset either through sale to a third party or scrappage
Objective
This SAP process is to retire a full asset or part of an asset properly.
Operation Rule
Any gain or loss from these SAP transactions will be recorded in a SAP gain or loss account after deducting the proceeds from the sale.
The following steps are required during Asset Disposal/Scrapping process in asset accounting module
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admin Asset Accounting Process Asset Accounting, Fixed Asset, SAP, SAP FI
The following steps are required during period closing of asset accounting module
Step 1: All transactions of Asset Accounting completed
Fixed Asset Staff should complete all transactions of fixed assets such as acquisition, retirement and transfer etc before depreciation run.
Step 2: Execute Depreciation Run in Test mode
Fixed Asset Staff performs Depreciation Run in test mode to ensure if there is no mistake before actual depreciation run.
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admin Asset Accounting Process Asset Accounting, Fixed Asset, SAP, SAP FI
