Fixed Assets Acquisition Value Write Up in Current and Previous Years S4HANA Demo

[@harshawickramasinghe143]

Excellent video! If you could share a video on asset revaluation, it would be greatly appreciated.

[@AbdullahGalal]

Will do my best

[@theelephantwalk8]

1st watch from India.

[@AbdullahGalal]

🇮🇳🇮🇳 🇮🇳🔝

[@danielviegas1772]

Excelent video! One question. How we should do if the case was the correction was a decrease in the acquisition value of th asset? Thank you

[@AbdullahGalal]

You retire it partially! check the retirement videos in the playlist

[@AH-ky7xb]

Hi thank you for your detailed explanation. Could you provide the steps needed if we need to reduce the APC value, for e.g. during data migration if wrong APC value was given and found out a year or 2 later. May I know how would we reduce the APC value?

[@Alex_1305z]

Hello, is there a way to increase an asset's value for an asset acquired in January, where depreciation is posted until August, and then an additional value is added to the asset in august via an new invoice? I want the new depreciation to start from September without recalculating the depreciation from January to August, but start with the coresponding depreciation value for the new asset value?

[@adeelsubzwari9357]

Hi Abdullah...Excellent topic and ur way of explanation is very Good...Keep it up...just a small Question at the End of Video...I didn't get the concept of Entry of 3,000 as Credit of Revenue-Post Capitalization...Can you please elaborate a little bit on it...I did understand that 4000 is addition to main asset and 1000 is credit to Accumulated Depr...but not this 3,000 as Rev.. please guide

[@RainRelaxingSleepMusic4all]

Also what happened to vendor side? if it was also missed from AP side? how 3000 will be cleared?

[@mallikkumar9275]

I understand this response is a year after but I think I will just share my thoughts here for anyone who's watching this video. The intent of the transaction (ABNAN) is to capitalize an expenditure/spend already charged/debited on the Income Statement. The accounting generated by SAP here makes sense if we assume the liability to the vendor has also been booked via an invoice. We are just "capitalizing" the spend that was charged and therefore SAP is now crediting the spend back (3000 in this example) as revenue as if it had capitalized as it should sit in the balance sheet and not debited as a charge on the Income Statement.

[@gouravbose8105]

Hi Abdullah, Thanks for sharing this content. So, can we say the asset value date and asset capitalization date are the same?

[@AbdullahGalal]

In the case of previous years acquisition, yes

[@gouravbose8105]

@Abdullah Galal - SAP, CMA Thanks Abdullah, can you please explain more, please. In my experience during asset legacy upload, there are two fields cap. Date and org. Acq. Date field in asset Master. So when we upload the asset in the SAP system, the system is considering (FAA_CMP- transfer date) as an asset value date, which is not equal to capitalization date.

[@cabijaydeo]

Hi Abdullah, can you please also make one video on legacy asset upload (particularly legacy AUC upload) in S4HANA system?

[@AbdullahGalal]

Working on LTMC videos now, will include one for assets

[@rodolfoortiz9019]

Hi Abdullah, do you know if we have special parameters for resale purchase orders?

[@AbdullahGalal]

I don't really understand the question. Anyway looks like an MM/SD question not related to assets. You should approach an MM / SD consultant

[@rodolfoortiz9019]

@@AbdullahGalal never mind....wey are OK now.... Thanks

[@doaasamir6012]

أمتي أعرف ان شركتي محتاجة نظام ERP؟ مطلوبة مني في presentation ممكن حضرتك تساعدني

[@AbdullahGalal]

check this www.softwareadvice.com/resources/when-does-a-company-need-an-erp/ Search google 'Do I need ERP" you will get many good results

[@viewviewnet9765]

asset acquisition write up is different from fixed asset revaluation?

[@AbdullahGalal]

Yes, I'll add revaluation also to the playlist

[@Abu-Aley]

SA Abdallah, Please grant an access to your shared folder of your posted docs as I'm an elite member, yet I ain't got no access. Thanks in advance, BR,

[@AbdullahGalal]

Hi Abu, Please send an email to [e-mail]

[@leboss18]

Hi Abdullah, the screen u are sharing is blurred it's not clear. Is it normal? Thanks

[@AbdullahGalal]

Hi , it's clear to me, same as all the other videos Check the video quality you selected on YT

[@phanindrabahudursha5453]

Pls provide me S4 HANA Complete AA video link..

[@AbdullahGalal]

check the playlist

[@Srinivasthota1]

Hi Abdullah, I requested google Drive access. I appreciate if you can respond to my email. Thanks.

[@AbdullahGalal]

Hi, is that done?

[@Srinivasthota1]

@@AbdullahGalal Thanks

[@ghostship14]

Is it possible to decrease the acquisition value?

[@AbdullahGalal]

Yes, you post a partial retirement