Asset Revaluation (Inflation) Program (SAP Library

Asset Revaluation (Inflation) Program

Use

You use this program to revaluate assets for inflation.

This program is intended for use at regular intervals, as described in the above procedure. If you need to revaluate assets once only, you use a different program (see One-Time Revaluation Measures).

For information about how the program handles provisional and definitive indexes, see Revaluation Using Provisional Inflation Indexes.

Prerequisites

You have made the settings in Customizing for Financial Accounting (FI), by choosing Asset Accounting ® Special Valuation ® Revaluation of Fixed Assets ® Revaluation for the Balance Sheet ® Inflation Accounting.

In addition, before you run this program the first time in a production system, you must run this program as a dummy run for each company code in question for the last day of the interval before the one that you are going to start revaluation amounts in. This creates the appropriate entry in the program log. You must also include this date in the posting variant.

Features

To access the program, from the SAP Easy Access screen, choose Accounting ® Financial Accounting ® Fixed Assets ® Periodic Processing ® Revaluation for the Balance Sheet ® Inflation.

Selection

On the selection screen, you specify:

Which assets you want to revaluate

You can only select specific assets when you run the program in test mode. In update mode, the program runs for the whole company code.

Which date the assets are to be revaluated up to

You can only run the program for dates in the posting variant assigned to the inflation method.

You can execute the program as often as necessary for a particular date. It will create postings independent of the provisional or definitive version of the index.

Batch input session ID (update mode only)

Output

When you execute the program, the system:

Revaluates each asset and creates a batch input session with the revaluation amounts

For information about how the program handles any manual postings that you have made for this interval, see Manual Revaluation.

Displays a list of the revaluation amounts, showing:

Which assets have been revaluated
Which assets have been revaluated at zero
Which assets did not need to be revaluated (for example, assets that were not yet capitalized on the date in question)
Any errors that occurred

If the program takes too long, you can use another version of it that allows you to process the assets using more than one batch input session (see Asset Revaluation (Inflation) Program – Parallel Sessions).

Activities

Once the program has created the batch input session, process it immediately in order to effect the changes to the asset values at asset subledger level. You must not run the program again until you have processed the session, as this can lead to inconsistencies.

When the batch input session has been processed, the system updates the assets' last revaluation date (again, at revaluation area level).

If there are any errors you can correct them as follows:

Errors arising from incorrect Customizing settings (for example, incorrect inflation index values)

In this case, change the Customizing setting and run the program again. It posts the appropriate revaluation amounts to make up the difference. You can, however, only do so if the run was with provisional indexes.

Individual errors

You can correct problems with individual assets using a manual posting.

To transfer the revaluation amounts from the asset subledger to the general ledger, execute a depreciation run.

When the system posts the revaluation amounts to the general ledger, it creates only one accounting document for each account determination.