Tasks to be completed when documenting an operation (from creation to publication)

1. Enter the Title of the operation / page

2. Add the following Labels:

    • Scope of applicability: ww, country_accounting

    • Country or group of countries (if applicable): belux, china, france, italy, lam, nam,uk_ie, bulgaria, dach, netherlands, iberia, poland, latvia, australia, india, japan, south_korea, thailand, singapore

    • Unit and Domain according to the List of labels to be used in the Finance Service Line space

      • E.g. 1: WW Operation in Financial Accounting under domain "Central Finance Processes & Compliance":
        • Labels to be used: ww, financial_accounting, central_fin_proc_compliance

      • E.g. 2: France Operation in Financial Accounting:
        • Labels to be used: country_accounting, france, financial_accounting
          (for country operations, the Domain is always country_accounting)

3. Fill in all fields as described above

4. Once the description of the operation is completed, ensure it is approved and published by launching the SBS-Finance approval workflow

Domain: Country Accounting

Responsibility area: N/A

Table of contents 


Scope


ERP


Frequency

 

References

ZE1FASSETS; AFAB


Forms


Attachments



Previous OP << ES - Revaluación 1996 - Area 22 12 >> Next OP



1. Objective and Scope

1.1. Objective of this Operation

The purpose of this document is to have a detailed procedure on how to book the revaluation of depreciation area 22. 
With this we are calculating the depreciation based on the values the assets had before revaluation (which are in the area 01) and the ratio between the amortization of the current year and the residual value of the assets in 1996 (information available in area 81 - unplanned depreciation). 
This specific procedure updates the fixed assets, area 22 and 12 in AA module but not in FI. FI is updated when you run the normal amortization program that updates all areas (AFAB). 

This has to be performed before D-3 when the depreciations are being calculated and posted in accounting.

1.2. Scope

This procedure applies to companies: 

  • 0245 - SOLVAY QUIMICA (ES)


2. Definitions

See Finance Glossary:


3. Tasks description

3.1. I book the revaluación 1996 - Area 22 y 12

3.1.1. I calculate the amortización area 22

Go to transaction ZE1FASSETS to display all programs related to this:


Select program ZE1FABMAT_MENU and execute: 


Another screen will be displayed, you have to select "Amortización Area 22" and execute:


One last selection screen will appear:


Add the following information:

  • Company code: XXXX

  • Report date: end of the year

  • {*}Depreciation area : **

  • NOMBRE SBDC: ZEFTAB_TO_22

  • FECHA PARA EL DOC. Y CONTABIL.: 31.12.20xx

  • FECHA PARA LA REFERENCIA: 31.12.20xx

  • PERIODO: 12

 

Select SOLO Provision to do it in test mode


Execute and the following screen will appear. 

  • Acquisition Value Area 22 Planned annual
  • Depreciation Area 01Unplanned depreciation Area 81


Congruence checks:

  • The total amortization calculated by the program must be less than that calculated the previous year.
  • For some individual elements (two or three per company) confirm that the planned annual depreciation area 01 / unplanned depreciation area 81 = ratio. This ratio is multiplied by the area 22 Acquisition Value and must give the same amount as the program has been estimated as depreciation area 22 on the list


Example:


2822 / 36323,3= 0,077691178940 * 11.885,10 = 923,37 
The difference is due to rounding.

In case both checks are OK you can go back in the transaction select Creacion SBDC. This option will generate a batch input that has to be manually run.

3.1.2. I calculate the amortización area 12

Go back to the screen: 


But this time select "Amortización Area 12". Follow the same selections and checks explained in the previous step. 1st in test mode then in real mode and process the batch input.

3.1.3. I book the depreciation

Once the two steps explained before are done you have to run AFAB and ensure that the depreciation for the period 12 is done.

3.1.4. I update the recurrent posting

The last step is to cancel the provision booked for the year.

To cancel the provision you can open account F302003401 from 01.01XXXX to 31.12.XXXX

Use document 5010018384/0245 as reference to cancel the provision.

Then update the recurrent for next year based on the total amount booked.

For example:

The real amount booked in Y will be your provision in Y+1 that in this case is 972,64/12 = 81,05.

You have to do this for the tree companies and update the recurrent documents indicated:

  • ES LIST OF POSTINGS – Torrelavega >>> ES0245T034 


End of document.