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wrong cost centre in asset master

Former Member
0 Kudos

we run the depriciation from april to till date, after that we found that asset balances are not matching with trail balance, finally we found that in one asset master wrong cost centre is assigned after april and there is some additions till this date, this asset is belong to plant X, but it is showing in asset balances list, but it is not showing in trail balance, it is showing in trail balance of plant Y, but it is not showing in plant Y asset balances. here it is not possible to reverse the purchase and invoices and payments. but this additions are related to plant Y instead of plant X. how to transfer this plant X asset balances to plant Y.

regards

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hi,

Please note as per observation , that You have 2 Plants ,

Point 1:- You are generating 2 Trial Balances and 2 Asset Balance Report.

Point 2:- Particular Asset Master is having Cost Center Pertaining to Y instead of Cost Center Pertaining to X.

Point 3:- Due to the above both your Trial Balance as well as your Asset Register will not Match.

Suggestion:-

1. Normally Primary Objects in the Asset Master (Example - Capitalisation Date, Cost centres) can not be changed. The reason behaind they are the key data for deriving the Asset related informations.

2. You can create a Asset with correct details of Cost Centers and other details .

3. You can transfer the balance from the Asset which has wrong details to Asset which has the correct details.

4. This can be achieved by T-code ABUMN-Transfer Asset with in Company code.

or ABT1N- Inter Company Asset Transfer

Please check.

regards

N.Kumar

Former Member
0 Kudos

thanks for reply, i also suggested the same procedure, but is there impact on asset values, particularly, we need to transfer the only partial amount which are wrongly assigned including the depriciation, we are bothering about the impact on asset values,

regards,

Former Member
0 Kudos

HI,

Please note that even for Partial Transfer you can able to do the same , any how the same will be available in you Trial Balance know,

So the balance as per your Trial Balance and Balance as per Asset Register will match.

regards

N.Kumar

Former Member
0 Kudos

thanks for your suggestions,

regards,

Answers (0)