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Creation of Revaluation Area with AR29N and then Use of ABAW to Revaluate

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Hi,

 

I have done the configuration for Asset Management. Now While running the cycle for revaluation, following step executed,

 

Asset Code: 3000000002

Book Depreciation Area: 01- Ordinary Depreciation Starts date is 01042012

Depreciation Key for Book Depreciation: 9.73% St line

 

Now

STEP-1.

AR29N - Revaluation Depreciation Area created for the asset with Ordinary Depreciation Start date is 13012013 as per the revaluation measure used for the same.

Result:

 

Revaluation Area created for the asset as 02

Asset Value Date: 13-01-2013

Ordinary Depreciation Start Date: 13-01-2013

 

Step-2:

ABAW- Balance Sheet Ravaluation Done for the asset with transaction type used as 800.

Result:

when planned depreciation checked, the usefull life starts from the date of revaluation measure date, where as it should start based on the remaining life of the asset. and assets revalued value also should depreciate as per actual life of the asset.

 

here if am changing the useful life, then only result is OK else assets life for revaluation area is increased.

 

Please suggest where the mistake is.

 

For Revaluation area,

Depreciation key is based on base value as 03 and remaining usefull life also checked.

 

Regards,

Uday



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